Venture Global Calcasieu Pass, LLC, a subsidiary of Venture Global LNG, Inc., and Galp, a Portuguese-based fully integrated energy player, have entered into a 20-year Sales and Purchase Agreement (SPA) for the supply of 1 MMtpy from the Venture Global Calcasieu Pass LNG export facility
Clariant, a world leader in specialty chemicals, announced that it was awarded a contract by Jinneng Science & Technology Company, to design the world’s largest singletrain propane dehydrogenation unit in collaboration with CB&I.
China National Offshore Oil Corporation (CNOOC) and Shell Nanhai B.V. (Shell) announced the official start-up of the second ethylene cracker at their Nanhai petrochemicals complex in Huizhou, Guangdong Province, China.
ExxonMobil said that it has restarted the second liquefied natural gas (LNG) train at its Papua New Guinea liquefied natural gas plant.
SABIC and ExxonMobil said that they have created a new joint venture to advance development of the Gulf Coast Growth Ventures project, a 1.8 million tonne ethane cracker currently planned for construction in San Patricio County, Texas.
Russia's Gazprom said it had completed the sea portion of the first line of the TurkStream offshore gas pipeline across the Black Sea
The Big Oil playbook has been straightforward for decades: Higher prices mean offshore projects that are further, deeper, more complex than ever before. It’s different this time, according to Royal Dutch Shell Plc.
Howard Energy Partners has commenced commercial operations at a new bulk liquid terminal facility in the Port of Corpus Christi. The facility, which will enable the delivery of gasoline to global markets, consists of six 80,000-barrel tanks with an aggregate storage capacity of 480,000 barrels.
BP Plc capped a shaky Big Oil earnings season on a more upbeat note, as shareholders reacted positively to the highest profit in years even as the continuing burden of oil-spill payments pushed debt higher.
Marathon Petroleum Corp agreed to buy rival Andeavor for more than $23 billion in the largest-ever tie-up between U.S. refiners, giving the combined company a nationwide presence and increased access to growing export markets.
The U.S. Supreme Court dealt another setback to a proposed natural gas pipeline running from Pennsylvania to New York, rejecting Constitution Pipeline Co.'s bid to challenge New York state's refusal to issue a needed water permit for the project.
Hydrocarbon Processing and the American Institute of Chemical Engineers (AIChE) announced its strategic partnership during AIChE’s 2018 Spring Meeting and 14th Global Congress on Process Safety in Orlando, Florida.
SINGAPORE, (Reuters) - Last year's strong demand for liquefied natural gas (LNG), led by Asia's major economies, is expected to continue this year and should absorb some of the new supply coming onstream, industry executives said at a conference.
SINGAPORE/TOKYO, (Reuters) - Japan's Inpex Corp and its partners have bought a cargo of liquefied natural gas (LNG) to cool their Ichthys LNG plant in Australia ahead of a potential start-up of the much delayed facility, a company spokesman said.
CAIRO (Bloomberg) -- An attack on an oil pipeline supplying Libya’s biggest export terminal has reduced the North African country’s production by at least 80,000 bpd and would take several days to repair, the National Oil Corp. said Sunday.
DUBAI (Bloomberg) -- Saudi Aramco, the world’s biggest oil exporter, plans to trade as much as 6 MMbpd, a jump in volume that would put it in the top tier of companies that buy and sell crude and refined products.