US-China tensions likely to prompt shift in crude, LNG flows
Plains All American Pipeline LP said two West Texas crude oil projects would begin partial operations slightly ahead of their original schedules as bottlenecks in the region depress prices to the weakest level in four years.
Asian spot liquefied natural gas (LNG) prices rose for a second consecutive week as sizzling high temperatures continued to grip Japan, the top buyer of the super-chilled fuel.
China proposed retaliatory tariffs on $60 billion worth of U.S. goods ranging from liquefied natural gas (LNG) to some aircraft on Friday, as a senior Chinese diplomat cast doubt on prospects of talks with Washington to solve their bitter trade conflict.
The U.S. Chemical Safety Board said an April 26 explosion at Husky Energy’s Superior, Wisconsin, refinery was probably triggered by air leaking around a slide valve into the gasoline-producing unit that blew up.
The discount on Canada’s heavy crude, which reached a nearly five-year high this week, looks to remain elevated with pipelines strained and the refiners who buy it going offline for maintenance, industry officials say.
Indian Oil Corp (IOC) sold a naphtha cargo from its Paradip refinery this week, four traders that participate in the market said in what was likely the first sale since May 2017.
Juba is seeking new partners after the government abandoned Total negotiations
The Ichthys LNG Project reached a major milestone on July 27, with the opening of the first offshore production well, marking the start of 40 years of operations of this gas and condensate field.
BP churned out more profit than expected in the second quarter, offering reassurance to investors about its financial strength after announcing its biggest deal in almost two decades.
Baker Hughes, a GE company (NYSE: BHGE) today announced an agreement to sell its Natural Gas Solutions (NGS) business to two separate entities
A ceremony celebrating the shipment of the first spiral heat exchanger produced in Russia for the Amur Gas Processing Plant (GPP) took place today in St. Petersburg.
With startup in 2025, the fully integrated Crude Oil to Chemicals (COTC) complex is on track to become the largest of its kind in the world. It will become a major contributor to Saudi Vision 2030, enabling a new era of industrial diversification, job creation, and technology development in the Kingdom.
Honeywell announced that Petron Corporation will expand and upgrade its Limay, Bataan refinery in the Philippines with technologies from Honeywell UOP. When the project is completed, the refinery will produce 75,000 barrels per day of refined fuels and 1 million tons per annum of aromatics, increasing its capacity by 55 percent.
Africa's richest man, Aliko Dangote, has arranged more than $4.5 billion in debt financing for his Nigerian oil refinery project and aims to start production in early 2020, he told Reuters.