BP Invests in New $5 Billion U.S. Gulf Oil Project
BP has reached the final investment decision on its estimated $5 billion Tiber-Guadalupe project in the U.S. Gulf of Mexico, as part of its strategy to grow upstream production and…
Linde appoints Lamba to dual role as Chairman and CEO
Industrial gas major Linde has named current CEO Sanjiv Lamba as its new Chairman of the Board, replacing the outgoing Steve Angel. Angel will retire from Linde’s boardroom effective 31…
Nippon Sanso report sees M&A and green moves driving growth
Nippon Sanso Holdings Corporation (NSHD), the parent company of Taiyo Nippon Sanso Corporation (TNSC) and others, has given an overview of its evolving plans with the release of its Integrated…
Oil India Strikes Gas in Andaman Sea
Oil India has made the first-ever natural discovery in the Andaman Sea, which is also the first discovery of any hydrocarbons in the basin. The size of the discovery, containing…
Nayara Energy Adapts to EU Sanctions With Rupee Oil Payments
Nayara Energy, the Indian refiner that was slapped with EU sanctions because of its partial ownership by Rosneft, has started to recover from the blow, turning to payments in rupees…
Occidental Weighs a $10 Billion Sale of Its Petrochemicals Division
Occidental Petroleum is reportedly in talks to divest its petrochemicals division, OxyChem, in a deal that could be worth up to $10 billion and would create one of the largest…
Major Cadiz biomethane project targets 2027 launch
A public-private consortium in Spain is to develop a major biomethane (renewable natural gas) project in Cadiz which aims to open in 2027. It is designed to recover up to…
Video | LNG: “a risky environment and unpredictable”
Ana Maria Jaller-Makarewicz, Lead Energy Analyst of Europe at the Institute for Energy Economics and Financial Analysis (IEEFA) discusses the geopolitical climate and how this is impacting on the LNG…
Build begins on Austria iron plant that uses hydrogen
A trio of partners have broken ground on a hydrogen-based ironmaking plant in Linz, Austria. The H4Smelt demonstration facility will use HYFOR (hydrogen-based fine-ore reduction), a direct reduction technology for…
Russian Refineries Are Sitting Ducks
Russian refineries are sitting ducks in this modern drone war. That’s what Skandinaviska Enskilda Banken AB (SEB) Chief Commodities Analyst Bjarne Schieldrop said in a report sent to Rigzone by…
