China’s natural gas consumption grew steadily in the first quarter amid the country’s fight against air pollution
US refiners have turned to several lesser-used oil suppliers in the wake of U.S. sanctions that restricted usual providers of widely-used grades as they gear up for peak driving season.
Israel’s Oil Refineries (ORL) said its chief executive, Yashar Ben Mordechai, will step down at the end of the month, citing personal reasons.
ExxonMobil said it will invest up to $100 million to research and develop advanced lower-emissions technologies with the U.S. Department of Energy.
His Excellency Dr. Sultan Ahmed Al Jaber, UAE minister of state and group CEO of the Abu Dhabi National Oil Company (ADNOC), and Darren W. Woods, chairman and CEO of ExxonMobil Corporation (ExxonMobil), met to explore new opportunities for collaboration in the upstream and downstream sectors, and discuss wider regional and business-related developments of mutual interest.
Maersk Drilling will launch its first hybrid, low-emission rig. Combining hybrid power, data intelligence and cleaning technology, the Maersk Intrepid will push the boundaries for low-emission drilling on conventionally powered offshore rigs.
n June 2016, the Panama Canal Authority, the body that operates the Panama Canal, opened a third set of locks that facilitated transit of larger ships, the first such expansion since the canal was completed in 1914. In the years since the canal was expanded.
The terminal is owned by PLNG2, which is a joint venture among PETRONAS Gas Berhad, Dialog LNG Sdn Bhd and Permodalan Darul Ta’zim Sdn Bhd.
Russian gas producer Gazprom doubled its annual net profit last year, led by record sales to Europe despite pressure on EU states to diversify away from Russian energy imports.
Mexico will next week announce which company or consortium will project manage the construction of President Andres Manuel Lopez Obrador’s planned refinery in his home state of Tabasco, the government said.
Indian Oil Corp, the country’s top refiner, plans to shut units in phases at its northeast plants from August to produce cleaner fuels, sources said.
Australia’s New South Wales state on Monday approved plans by a Japanese-backed consortium to build a A$250 million ($176 million) liquefied natural gas import terminal at Port Kembla, looking to cut gas prices and avert a supply shortage.
A tanker carrying liquefied natural gas (LNG) has been floating off Australian waters for nearly two weeks as production at Ichthys project ramps up, industry sources said.
Fines for violations of air, water and waste regulations by U.S. petroleum storage facilities this year have exceeded last year's totals - without including two major Houston-area disasters in the last month.
Brazil’s state-controlled oil company Petrobras detailed long-awaited plans to sell a series of refineries and other assets as the company focuses on its core oil and gas exploration business.
Russian billionaire Mikhail Gutseriyev is set to gain control over a debt-ridden Afipsky oil refinery, sources said.