Saipem has been awarded new contracts in offshore drilling in Norway and Middle East totaling over $200 million.
Royal Dutch Shell agreed to sell liquefied natural gas to a Japanese utility at prices that include a link to coal, the latest innovation in the booming LNG market where buyers are seeking to diversify risks.
Russian natural gas giant Gazprom has appointed Elena Burmistrova, the head of Gazprom Export, to the post of deputy chief executive overseeing exports, it said.
The ExxonMobil operated Papua New Guinea LNG project has agreed a deal to supply liquified natural gas (LNG) to a unit of China Petroleum & Chemical Corp , Australia's Santos, a partner in the project, said.
Chevron Canada Ltd and Woodside Energy Ltd have applied for a new license for their Kitimat LNG plant in northern British Columbia that could see it nearly double in size to produce 18 million tonnes per annum (mtpa), Chevron said.
Lyondell Basell Industries is restoring the large coker to normal operation at its 263,776 barrel-per-day (bpd) Houston refinery after a compressor malfunction, said Gulf Coast market sources.
Severe flooding in the U.S. Midwest this season has had ripple effects for drivers further west, as washed-out rail lines disrupted ethanol supply, causing spikes in gasoline prices and even forcing some retail stations to shut down.
The upcoming International Maritime Organization sulfur regulations for marine fuel will lead to a deficit of 600,000 barrel per day of marine gasoil in 2020, according to consultancy Rystad Energy.
Baker Hughes, a GE company (BHGE) has opened a manufacturing and technology center in Oklahoma City dedicated to advancing the performance, quality and reliability of downhole drilling motors.
Gazprom Neft subsidiary Gazprom Neft Middle East B.V. has commissioned a third production well at its Sarqala field in the Kurdistan Region of Iraq (KRI).
The Alliance Agreement between Neptune and TechnipFMC has been signed for an initial five year term with options for further extensions.
Maersk Drilling has announced that the ultra-deepwater semi-submersible Mærsk Deliverer has been awarded a three-year contract by Inpex Australia and joint venture participants for drilling at the Ichthys gas and condensate field in the Browse Basin offshore Western Australia.
For the last six years, Kevin Bowen has made a good living selling sand to operators and OFS providers who use it to complete horizontal wells. It was a lucrative market tied to the drilling boom in West Texas.
U.S. President Donald Trump has signed a new permission for TransCanada Corp to build the long-delayed Keystone pipeline for imports of Canadian oil, replacing his previous permits in a fresh attempt to get around the blocking of the $8 billion project by a court in Montana.
Starting April 1, China will cut city-gate natural gas prices and trans-provincial natural gas pipeline tariffs, following value-added tax rate reductions, the state planner said on Friday.
Freeport LNG’s $13 billion Freeport liquefied natural gas (LNG) export plant in Texas moved a step closer to entering service after federal regulators on Thursday approved a commissioning step for the plant.