News

  • Vallourec signs frame agreement with ExxonMobil

    Vallourec has signed a ten-year frame agreement with ExxonMobil affiliate Esso Exploration and Production Guyana Ltd (EEPGL) to supply line pipe products in Guyana.   The agreement enables long-term line pipe supply by defining contractual and commercial terms to support EEPGL’s future oil and gas…

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  • Iran says nuclear talks will resume before end of November

    Iran said it had agreed with the European Union to restart big-power talks to revive the 2015 nuclear deal before the end of November and a precise date for the negotiations would be announced in the next week.   Iran’s Deputy Foreign Minister Ali Bagheri…

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  • Phillips 66 to acquire Phillips 66 Partners

    Phillips 66 and Phillips 66 Partners have entered into a definitive agreement for Phillips 66 to acquire all of the publicly held common units representing limited partner interests in the partnership not already owned by Phillips 66 and its affiliates.   The transaction value of…

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  • Asian LNG traders snap up US shale gas

    Asian liquefied natural gas traders are rushing to secure shipments from the US, where the fuel is among the cheapest in the world despite what’s turning into the steepest price run in two decades.   Firms in China and Japan, the two biggest importers, are…

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  • Germany: Certifying Nord Stream 2 Poses No Threat to Gas Supply to EU

    Allowing Nord Stream 2 to pump Russian gas to Germany will not threaten supplies to the European Union, the German Economy Ministry said on the 26th October, clearing a major hurdle for the disputed pipeline.   While the pipeline is ready to start operations, it still needs to be certified…

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  • Woodside unveils plans for Kwinana hydrogen, ammonia plant

    Woodside Petroleum Ltd, Perth, plans to establish a world-scale hydrogen and ammonia production plant at a site in Kwinana, just south of Perth, in Western Australia.   The project, named H2Perth, has the support of the Western Australian Government. It will be developed on 130…

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  • Call for players to participate in an EOI for a proposed LNG tank storage

    As the industry is going into cleaner energy landscape and companies are responding with their strategies on achieving respective carbon neutrality targets, awareness in overall sustainability is also gaining prominence.   Global LNG trade continues to show consecutive growth as the cleanest fossil fuel source…

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  • Aberdeen Chooses BP As Preferred Bidder For Hydrogen Partnership

    Aberdeen City Council has announced BP as its preferred bidder for a commercial partnership which will accelerate the city’s ambitions to become a world-class hydrogen hub.   The key part of the Aberdeen Hydrogen Hub concept will involve the creation of Scotland’s first scalable green…

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