Industry News

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.

Eni starts the installation of the hull of Coral Sul FLNG

Eni has started installation works on the hull of the Coral Sul floating liquefied natural gas (FLNG) treatment and liquefaction unit that will be moored offshore in Mozambique.

ExxonMobil begins production on Beaumont high-performance polyethylene line

ExxonMobil said ot started production on a new high-performance polyethylene line at its Beaumont, Texas polyethylene plant.

ADNOC and Pertamina sign comprehensive strategic framework in oil and gas development

The Abu Dhabi National Oil Company (ADNOC) signed a Comprehensive Strategic Framework (CSF) with Indonesia’s energy company, PT Pertamina (Persero) to explore opportunities for collaboration across the oil and gas value chain in the United Arab Emirates, Indonesia and globally.

ADNOC's Ruwais Refinery West Cracker shut for maintenance

The Abu Dhabi National Oil Company (ADNOC) said its Ruwais Refinery West Cracker is offline for maintenance.