Shell Signs Massive Naphtha Supply Agreement With QatarEnergy [Yahoo! Finance]
Pedevco Corp. (PED)
NASDAQ:AMEX Investor Relations:
pacificenergydevelopment.com
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Source: Yahoo! Finance
Per the terms of the agreement, QatarEnergy will supply 18 million metric tons of naphtha to Shell over a duration of 20 years. The deal is expected to begin in April next year. The head of QatarEnergy has highlighted that the naphtha supply agreement is its longest and largest supply deal to date. This is the latest one in a string of deals that QatarEnergy has signed with Asian and European partners. The agreement is supported by the North Field expansion in Qatar, which is part of the largest natural gas field in the world. Qatar shares this natural gas field with Iran, where it is called South Pars. The field is expected to begin production in 2026. The deal has also strengthened the long-standing partnership between Shell and QatarEnergy. The two companies have jointly invested in multiple energy projects worldwide and in Qatar, including QatarEnergy's LNG projects and the Pearl GTL plant. The latest deal demonstrates QatarEnergy's commitment to building long-term partnership
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News
- PEDEVCO Corp. (NYSE: PED) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat
- PEDEVCO Corp. (NYSE: PED) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat
- PEDEVCO Announces Appointment of New Chief Executive Officer, New Chief Commercial Officer, and Board of Director ChangesAccesswire
- PEDEVCO Corp. (NYSE: PED) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat
- PEDEVCO Corp. (NYSE: PED) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat
PED
Earnings
- 11/14/24 - Beat
PED
Sec Filings
- 12/20/24 - Form 8-K
- 12/20/24 - Form 424B5
- 12/11/24 - Form 8-K
- PED's page on the SEC website