A planned pipeline connecting Cyprus' Aphrodite gas field to Egypt's liquefied natural gas (LNG) facilities will cost between $800 million and $1 billion, Egyptian Petroleum Minister Tarek El Molla said.
Siemens signed an agreement with WorleyParsons to explore greater collaboration on energy and power infrastructure projects, grid optimization, integration of renewable technologies, and energy efficiency and storage technologies in North East South America and the Caribbean (NESAC) region.
Dynea AS announced the successful completion of the Performance guarantee run and commencement of commercial operations for its latest Silver Formaldehyde Plant FASIL® license to SAMAC - a JV between SABIC and Mitsubishi Chemical Corporation.
Oman is working with consultancy Mckinsey & Co to integrate its refining and petrochemical industries into one entity, a senior Omani official and a financial source familiar with the matter said.
Air Products announced it has successfully completed the acquisition of the Coal Gasification Technology licensing business from Shell Global Solutions International B.V., a subsidiary of Royal Dutch Shell plc, and formed a strategic alliance with Shell for residue gasification technology to refinery complexes.
Up to 2,400 men and women have started to mobilize for the hook-up and completion of Johan Sverdrup field in the North Sea.
Rafael Ramirez, the once all-powerful Venezuelan oil czar, says the state producer he ran for almost 10 years is on the brink of collapse.
Regulators have lifted pressure restrictions on TransCanada's 590,000 b/d Keystone Pipeline. A return to full capacity is expected to relieve a bottleneck in the oil-producing province of Alberta, where increased output has run up against a shortage of pipeline and rail capacity.
The Maryland Board of Public Works has approved an $11 million infrastructure project to help keep Baltimore's sanitary sewers from releasing untreated sewage.
Russia reaffirmed its pledge to an alliance with OPEC, despite two months of breaching its target under a global oil-output deal.
Eni announces an oil discovery on the A-2X exploration prospect in the South West Meleiha license, in the Egyptian Western Desert, some 103 km north of the oasis of Siwa. The well is the first one drilled by Eni to explore the deep geological sequences of the Faghur basin.
At a Wednesday morning Industry Breakfast at the 2018 Offshore Technology Conference (OTC), speakers discussed developing LNG markets in Asia. Ian Steff, Deputy Assistant Secretary for Manufacturing at the US Department of Commerce's International Trade Administration, moderated the session.
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.