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Shell to divest US Gulf of Mexico oil and gas assets to raise $1 5bn

Shell is planning to divest its stakes in two oil and gas development projects located in the US Gulf of Mexico for as much as $1.5bn.

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Asia dominates global caustic soda capacity additions by 2026

Global caustic soda capacity is poised to see considerable growth over the next five years, potentially increasing to 106.65mtpa in 2026.

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The US leads global refinery VDU capacity

GlobalData’s latest report says that global refinery VDU capacity decreased from 28,508mbd in 2016 to 28,317mbd in 2021.

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Edison to sell Algerian gas asset to Wintershall Dea and Repsol

Edison has agreed to sell its 11.25% stake in the North Reggane license in Algeria to Germany's Wintershall Dea and Spain's Repsol.

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Petrobras to sell Brazilian deep-water assets to BW Energy

Petrobras’s executive board has approved the sale of its 100% stake in deep water exploration and production (E&P) assets to BW Energy.

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