The US oilfield water-handling market is growing as shale production continues to rise, with the Permian Basin leading the way
Global oil refiners have upgraded processing units and adjusted operations to raise output of low-sulfur residual fuels and marine gasoil (MGO) to prepare for stricter shipping fuel standards that kick in on Jan. 1, 2020.
China’s Sinopec Corp is set to launch a new $5.7 billion refining and petrochemical complex in the south of the country in second-quarter 2020 using crude oil from Kuwait as a key feedstock, industry officials with knowledge of the matter said.
Northwest European oil refining margins turned negative, falling to around -$0.49 a barrel, Reuters calculations showed.
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BP Midstream Partners is considering whether to expand its 400,000-bpd Mars crude oil pipeline to accommodate new volumes from offshore oil fields in the U.S. Gulf of Mexico, its CFO said.
Saudi Arabian state energy company Aramco plans to supply liquefied natural gas (LNG) to Bangladesh as part of a tentative $3 billion deal signed in October, officials told Reuters.
ADNOC LNG said it has concluded supply agreements with subsidiaries of BP and TOTAL, effectively booking out the majority of its LNG production through Q1 2022.
Finnish state-owned gas company Gasum said it had agreed to buy Linde’s liquefied natural gas (LNG) and marine bunkering business in Norway and Sweden.
ABB has won a project to install its renowned extended automation system at a greenfield pilot plant for SABIC in Jubail, Saudi Arabia, supporting SABIC’s broader vision to digitalize its operations.
Abu Dhabi National Oil Co aims to exhaust its vast oil and gas reserves even as many consumers switch to cleaner sources of energy, a senior executive in the Gulf oil company said.
First Cobalt Corp is in advanced talks with Canada’s Ontario province to finance the $37.5 million required to restart its idled cobalt refinery, President and Chief Executive Officer Trent Mell said.
The National Assembly has waited more than six months for the president to give his assent to anti-corruption legislation
Threat actors constantly remain one step ahead of those seeking to prevent malicious attacks
Sceptical Western investors adopt wait-and-see attitude even after Algeria’s interim government agreed a draft hydrocarbons law
Rhode Island public utilities regulators say a natural gas outage that affected more than 7,000 customers last winter was caused by low pressure in a pipeline.