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Asia to dominate global ethylene glycol capacity additions by 2027
Global ethylene glycol capacity is poised to see considerable growth over the next five years, potentially increasing from 56.97 mtpa …
Wood Group expands fossil fuel business despite $600m “green transition loan”
International engineering company Wood Group has seemingly expanded its fossil fuel business despite receiving a $600m (£478.29m) UK Government-backed “green …
Shell plans to sell household energy supply arm
Oil and gas giant Shell plans to sell its household energy supply businesses in the UK, Germany and the Netherlands, …
Who’s acquiring who? M&A activity in the oil & gas industry in Singapore decreased by 17% in Q1 2023
In the Singaporean oil & gas industry, there were 10 M&A deals announced in Q1 2023, worth a total value …
Who’s acquiring who? M&A activity in the oil & gas industry in The US decreased by 18% in Q1 2023
In the US oil & gas industry, there were 113 M&A deals announced in Q1 2023, worth a total value …
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Who’s acquiring who? M&A activity in the oil & gas industry in The UK decreased by 15% in Q1 2023
In the British oil & gas industry, there were 22 M&A deals announced in Q1 2023, worth a total value …
Who’s acquiring who? M&A activity in the oil & gas industry in Canada decreased by 22% in Q1 2023
In the Canadian oil & gas industry, there were 28 M&A deals announced in Q1 2023, worth a total value …
Who’s acquiring who? M&A activity in the oil & gas industry in Australia increased by 71% in Q1 2023
In the Australian oil & gas industry, there were 12 M&A deals announced in Q1 2023, worth a total value …
Who’s acquiring who? M&A activity in the oil & gas industry in India decreased by 20% in Q1 2023
In the Indian oil & gas industry, there were 8 M&A deals announced in Q1 2023, worth a total value …
Adnoc L&S gets $975m contract to build artificial island
Adnoc Logistics and Services (Adnoc L&S) has secured a $975m engineering, procurement and construction (EPC) contract from Adnoc Offshore. The contract covers dredging, …
India’s MRPL abandons refinery expansion plan
India’s Mangalore Refinery and Petrochemicals (MRPL) has decided to cancel its plan for refinery expansion project in order to focus …
Russian oil and gas budget revenue falls by 36%
Russia’s federal budget revenue from oil and gas fell by 36% in the month of May, compared with the same …
MAN Energy gets compressor trains contract for Agogo FPSO project
German engine manufacturer MAN Energy Solutions has been selected by Malaysia’s Yinson to deliver a total of 11 compressor trains …
OMV will not offload stake in petrochemicals subsidiary Borealis
Austrian energy and chemicals company OMV is not planning to offload its stake in the petrochemicals subsidiary Borealis, reported Reuters, …
Fair to flare? The push to reduce gas flaring
Natural gas flaring is a prevalent problem in the oil and gas industry, with increased flaring in the last ten …