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Asia to dominate global methylene diphenyl diisocyanate capacity additions by 2027
Global methylene diphenyl diisocyanate (MDI) capacity is poised to see considerable growth over the next five years, potentially increasing from …
Germany looks to lock in deals to ensure LNG supply
Germany is looking to lock in liquefied natural gas (LNG) supply deals with a delivery commitment, reported Bloomberg. The move is part …
Rosebank oilfield approved by regulators
An offshore development at Rosebank, the UK’s largest untapped oilfield, located 80 miles west of Shetland, has been granted consent …
Brookfield and THL consider bidding for Rosen
Brookfield Asset Management and Thomas H Lee Partners (THL) are among the companies looking to make bids for Rosen Group, …
AES to sell minority stake in LNG businesses for $190m
AES, a US-based energy company, has reached agreements to sell minority stakes in its liquified natural gas (LNG) businesses in the Dominican …
Chesapeake Utilities to buy Florida City Gas for $923m
Chesapeake Utilities has signed a definitive agreement to purchase Florida City Gas (FCG) from NextEra Energy in an all-cash deal valued at …
QatarEnergy signs naphtha supply deal with Japan’s Marubeni
QatarEnergy has signed a long-term naphtha supply deal with Marubeni Petroleum, a subsidiary of Japanese conglomerate Marubeni. As per the agreement, starting from …
Russia using European tankers for oil transport despite price cap: report
Russia is still using tankers owned by European nations to transport oil despite their price cap, a report has found. According …
Chevron plans to increase oil production in Venezuela
US energy company Chevron aims to increase oil production in Venezuela by 65,000 barrels per day (bpd) by the end …
Mexico set to open first floating LNG plant in coming weeks
Mexico will receive the last major piece of infrastructure needed to build its first floating liquefied natural gas (LNG) plant …
Canadian regulator approves new route for Trans Mountain expansion project
The Canada Energy Regulator (CER) has approved the request for route deviation of the multi-billion-dollar Trans Mountain oil pipeline expansion project. The CER’s …
Unimot in talks to buy Shell’s stake in Schwedt oil refinery
Polish company Unimot is in talks to buy Shell’s 37.5% stake in German oil refinery Schwedt, as reported by Reuters. Rosneft, a …
BP and Subsea Integration Alliance team up to enhance subsea project performance
Oil and gas major bp and Subsea Integration Alliance have formed a partnership to enhance the performance of subsea projects. The Alliance comprises …
Samos Energy eyes $1bn E&P investments across Africa and South America
Samos Energy plans to invest $1bn in exploration and production (E&P) assets across Africa and South America, as reported by Bloomberg. Co-founded …
Signal: oil-free Lego bricks scrapped amid sustainability concerns
A high-profile plan by Lego to improve sustainability by ditching oil-based plastics has been scrapped after production of the new …