Assessing the biggest refinery technology changes by 2030
As energy security and the optimisation of hydrocarbons have become global priorities, the role of refineries – a key element …
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Russia’s oil revenues reach $15.8bn in January: IEA report
Russia's oil and fuel export revenues rose to $15.8bn (Rbs1.43trn) in January, a $900m increase from December, despite sanctions, according …
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BKV partners with midstream operator on South Texas CCS facility
Energy company BKV has partnered with a midstream energy operator to develop a carbon capture and sequestration (CCS) facility …
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Validus Energy to acquire 89 Energy III for $850m
Privately owned US oil and gas producer Validus Energy is set to acquire rival 89 Energy III for approximately $850m, …
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TotalEnergies, Aker BP to increase shares in Equinor’s Johan Sverdrup oilfield
TotalEnergies and Aker BP have initiated an independent review to potentially increase their stakes in Equinor's Johan Sverdrup oilfield, considered …
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Petrobras inks agreements with BPCL, OVL and Oil India
Brazilian oil company Petrobras has signed a strategic term contract with Bharat Petroleum Corporation (BPCL) for the supply of Brazilian …
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Time for an upgrade: The ROI of advanced polymer labyrinth seals in compressor applications
A long history of use has solidified aluminium’s status as the dominant material for manufacturing labyrinth seals – a type …
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ExxonMobil seeks environmental permits for eighth oil and gas project in Guyana
ExxonMobil has applied for environmental permits for its eighth project, Longtail, in Guyana, its first venture to generate gas not …
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Chevron to cut 15–20% of workforce by 2026, impacting 9,000 employees
Chevron has announced plans to significantly reduce its workforce, targeting a 15–20% reduction by next year as part of its …
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UK trade association demands clearer policies as UK offshore windfarms reach the end of their life
With a projected lifespan of 20–25 years, the UK’s earliest offshore wind farms are currently entering the final stages of …
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Shell forecasts near-term growth for LNG
Shell’s recent projections indicate that global demand for liquefied natural gas (LNG) is set to grow in the coming years, …
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India’s natural gas market at inflection point, demand to double by 2030: IEA
India is on track to more than double its liquefied natural gas (LNG) imports by 2030, according to new report …
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TotalEnergies signs ten-year LNG supply deal with India’s GSPC
French oil major TotalEnergies has agreed to supply Indian oil and gas company Gujarat State Petroleum Corporation (GSPC) with 400,000 …
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Trump administration approves loan for sustainable aviation fuel refinery
The US Department of Energy has approved a loan guarantee for the expansion of Calumet's sustainable aviation fuel (SAF) refinery …
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Elliott Investment Management invests $2.5bn in Phillips 66
Elliott Investment Management has reportedly acquired a stake exceeding $2.5bn in Phillips 66 and plans to advocate for operational changes, …
