The Nigerian oil regulator evaluates Shell's divestment of its onshore subsidiary to Renaissance consortium. Assets have 6.73B barrels of oil & 56.27T cubic feet of gas.
WEC Energy to acquire 90% ownership of Delilah I Solar Energy Center for $459 million. Commercial operation expected by June. Exciting addition to clean energy portfolio.
Daqo New Energy missed Q1 estimates, with lower EPS and sales. The company expects Q2 2024 total polysilicon production volume to be approximately 60,000 MT to 63,000 MT, similar to that of Q1 2024 as the company maintains full production.
TotalEnergies reportedly plans to finish solar project and gas project in Iraq in 2025, to produce 50 mcf/d in Iraq's gas project. TotalEnergies aims to boost energy production.
Exxon Mobil is reportedly in talks with Turkey for LNG deal to reduce dependence on Russia. Potential for 2.5M tonnes annually, costing $1.1B. XOM ahead of schedule to double LNG portfolio by 2030.