OPEC finally broke an impasse over production curbs, agreeing on a larger-than-expected cut with allies after two days of fractious negotiations in Vienna.
President Andres Manuel Lopez Obrador said on Sunday that Mexico would tender out the building of a refinery near the Dos Bocas oil port by March, part of his government’s plan to try to reduce the country’s gasoline imports.
Equinor’s Mongstad oil refinery on Norway’s west coast evacuated 300 workers and halted part of its gasoline production following a leak, the company said.
Indonesian energy giant Pertamina on Monday said it appointed South Korea’s SK Engineering & Construction Co and Hyundai Engineering Co Ltd as engineering and construction contractors for its Balikpapan refinery upgrade.
New Stream, the owner of Russian private oil refinery Antipinsky, said oil flows to the plant would resume shortly.
Kenya appointed an acting chief executive to the state pipeline company KPC after five of its senior executives, including the CEO, were arrested in connection with the loss of funds at the firm, the latest move to crack down on corruption.
Officials in Tyler, Texas, pledged $100 million dollars on 100 projects to rebuild to rebuild the city's aging water and sewer systems over a period of 10 years. Lockwood, Andrews & Newnam is designing improvements to two major sanitary sewer basins.
Oil refiners’ profits in Asia have slumped to the lowest in more than four years after refineries ramped up output in the fourth quarter and churned out excess fuel in anticipation of stronger demand during winter.
Meridian Energy Group, Inc., the leading developer of innovative, advanced technology and environmentally-compliant oil refining facilities, announced that the company has signed an agreement with McDermott out of Houston, Texas
Venezuela this month plans to import over 300,000 barrels per day (bpd) of refined products to ease domestic fuel shortages caused by hobbled refineries and need to prioritize exports, according to internal documents seen by Reuters.
Tokyo Gas Co has signed a joint development agreement with Philippines’ First Gen Corp to build and operate a liquefied natural gas (LNG) receiving terminal in the Philippines, its first foray into energy infrastructure development in Southeast Asian country.
Philippine power company First Gen Corp and Tokyo Gas Co on Wednesday said they had signed a preliminary agreement to jointly develop a liquefied natural gas import terminal project in the Philippines.
Pakistan LNG said on Thursday commodity traders Trafigura and Gunvor had made the lowest bids in a tender to supply three cargoes of liquefied natural gas between late January and late February.
Venture Global LNG, Inc. and Kiewit jointly announced that Kiewit has been awarded the engineering, procurement, and construction (EPC) contract for the Calcasieu Pass LNG export project
The Gulf state’s departure will not damage Opec’s operations, but will cement intra-Gulf divisions
Honeywell announced that the State Oil Company of Azerbaijan Republic (SOCAR) will use Honeywell UOP’s Pressure Swing Adsorption (PSA) technology to supply high-quality hydrogen as part of the modernization of the Heydar Aliyev Oil Refinery (HAOR) in Baku, Azerbaijan.