Industry News

Nigeria oil union threatens industrial action in Chevron dispute

One of Nigeria's main oil and gas trade unions on Thursday threatened to take industrial action over a staffing dispute with Chevron.

U.S. EPA set to rule on refinery biofuel waivers requests in coming weeks

The Environmental Protection Agency hopes to rule in the next few weeks on 2018 petitions to obtain small refinery waivers from the nation’s biofuel laws, administrator Andrew Wheeler said.

Marathon Petroleum tops estimates on refining beat, retail strength

U.S. refiner Marathon Petroleum Corp beat estimates for quarterly profit, benefiting from better-than-expected earnings from its refining segment as well as higher sales in its gas stations business.

Williams Seeks FERC Approval for Marcellus & Utica Takeaway Expansion

Williams has announced that its Transco interstate pipeline has filed an application with FERC seeking authorization for its Leidy South project, which is proposed to carry natural gas from the Marcellus and Utica plays to the East Coast.

New EU gas law, challenged by Nord Stream 2, is valid

The European Commission defended on Friday a new European Union natural gas law, which has been challenged by the Russian-led Nord Stream 2 pipeline, saying it is in line with the bloc's agreements abroad.

Total will develop the LNG market in Benin

Total, the Republic of Benin and the Société Béninoise d’Energie Electrique have signed the Gas Supply Agreement and the Host Government Agreement for the development of a Liquefied Natural Gas import floating terminal.

Russian govt backs spending on Novatek-led LNG project

Russia’s government has formally approved the spending of 103.6 billion roubles ($1.63 billion) on a liquefied natural gas terminal

Refinery expands diesel unit

The 180,000 barrels per day Zeeland refinery in the Netherlands said in a statement it is expanding its diesel-producing hydrocracker unit with a third reactor.

Global technology company opens new cybersecurity lab

Emerson, a global technology and engineering company, opened its newest cybersecurity lab to help manufacturers confidently adopt digital transformation strategies, while protecting the integrity of their plant operations, networks, systems and data.

Flames, smoke billow from ExxonMobil plant

Exxon Mobil Corp said a fire erupted Wednesday at its Baytown, Texas, refining and chemical plant complex, injuring more than 30 people and sending nearby residents indoors.

Columbia Gas Parent Settles Massachusetts Gas Explosion Lawsuits for $143 Million

Utility operator NiSource Inc on Monday said it will pay $143 million to resolve class action lawsuits brought by residents and businesses that suffered losses caused by a series of gas explosions in three Massachusetts communities last year.

Anadarko Values Western Gas Partners Stake at $8.4 Billion

Anadarko Petroleum disclosed additional details Monday related to the proposed Occidental Petroleum acquisition in a federal filing that values its share of midstream company Western Gas Partners LP at $8.4 billion.

First gas marks transition from construction to startup at Freeport LNG

Zachry Group along with its partners McDermott International, Inc. and Chiyoda International Corporation announced that Train 1 of the Freeport LNG Liquefaction project on Quintana Island in Freeport, Texas, has reached the final commissioning stage.

LNG company gets $100M investment from Osaka Gas

Singapore-based AGP International Holdings Pte Ltd (AG&P) said it had sold a minority stake to Osaka Gas and Japan Bank for International Cooperation (JBIC) for $100 million

CNOOC, ADNOC sign MOU on exploration, oil refining, LNG trade

China National Offshore Oil Co (CNOOC) signed a memorandum of understanding (MOU) with Abu Dhabi National Oil Co (ADNOC) on upstream exploration and development, oil refining and liquefied natural gas (LNG) trade

Russia's Novatek completes sales of stakes in Arctic LNG-2

Russian natural gas producer Novatek said it had completed the sale of stakes in its Arctic LNG-2 project to China’s National Petroleum Corporation, CNOOC and the Japan Arctic LNG consortium.