Global liquefied natural gas (LNG) trade grew by 10 percent last year due primarily to growing liquefaction capacity in Australia and the United States, the U.S. Energy Information Administration (EIA) said.
Siemens AG and Covestro Deutschland AG have concluded a Joint Business Development Plan to provide further strategic reinforcement of their trust-based partnership for many years, particularly in the field of digitalization.
Pullach / Frankfurt am Main, – Virtual reality, smart glasses and digital twins of real-life plants are just three of the digital innovations that The Linde Group’s Engineering Division will be showcasing at ACHEMA 2018 in Frankfurt, Germany.
Saudi Arabia boosted daily oil output in May to the highest level since October, ahead of meetings with Russia and other global producers next week where they may propose raising production even further and phasing out 18 months of voluntary cuts.
Iraq said OPEC should resist pressure to increase oil supplies, strengthening opposition to plans by Saudi Arabia as the group prepares to meet next week.
MELBOURNE (Reuters) - A consortium including Japan’s JERA Co and Marubeni Corp aiming to ship liquefied natural gas (LNG) to Australia’s east coast has chosen a site south of Sydney at Port Kembla for an import terminal, it said.
MOSCOW (Reuters) - U.S. major ExxonMobil and Russian energy company Rosneft expect their future joint project to produce more than 6.2 million tonnes of liquefied natural gas per year, Interfax news agency quoted an ExxonMobil manager as saying.
MOSCOW, (Reuters) - Russian petrochemical company Sibur said its plans to build a gas chemical complex in Russia's Far East will require preliminary investments of up to $8 billion and it is still looking for Asian partners.
NEW YORK, (Reuters) - Jet fuel prices are at six-year highs, and part of the reason is linked to record U.S. shale crude production and the unique properties refiners contend with when they refine that oil.
Hydrocarbon Processing’s International Refining and Petrochemical Conference (IRPC) Europe opened in Milan, Italy with welcome remarks from Giacomo Rispoli, Eni’s Executive Vice President Portfolio Management. Eni, Italy’s integrated energy company, is IRPC Europe’s main and host sponsor.
Beijing glimpses a Middle East energy consolidation, by replacing France's Total in South Pars gas expansion venture
Oil exploration in Africa is showing signs of recovery after the number of rigs off the continent rose to the highest in almost two years, with more scheduled in coming months.
Venezuela wrote to fellow OPEC members urging them to unite against U.S. sanctions, echoing a similar letter from Iran, according to people with knowledge of the matter.
London is stepping up its talks with Hitachi over the proposed Wylfa Newydd plant
Devon Energy said it has agreed to sell its ownership interests in EnLink Midstream Partners and Enlink Midstream to an affiliate of fund manager Global Infrastructure Partners for $3.1 billion.
Repsol SA, Spain’s largest oil producer, plans to raise dividends and investments over the next two years on a bet that crude will remain above $50/bbl.