Baker Hughes and Shell Global Solutions BV have signed a broad strategic collaboration agreement to accelerate the global energy transition by helping each other achieve their respective commitments for net-zero carbon emissions and advancing solutions to decarbonize energy and industrial sectors, the companies said in an announcement.
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China Petroleum & Chemical Corporation (Sinopec) has signed a 20-year LNG contract with U.S. LNG producer and exporter Venture Global LNG to purchase four million tons of LNG a year.
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International Petroleum Corporation says third quarter net production from its Canadian assets was above the high end of guidance at 39,600 boe/d with continued strong performance and high production uptime at all the oil and gas producing assets.
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Strong third quarter activity rates and revenues at Calfrac Well Services Ltd. are signs of a rapidly improving wells services market headed into 2022, the company said in its third quarter 2021 report to shareholders.
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