MOL Group signs exploration agreement with Kazakhstani national oil company, KazMunayGas
MOL Group and Kazakhstani national oil company KazMunayGas (KMG) have signed today a cooperation agreement to jointly explore opportunities in the oil, gas and petrochemical sector. This agreement builds on…
Oil price steadied by geopolitical risks and Chinese imports, analysts say
Crude oil futures remain steady, supported by geopolitical tensions and a rebound in Chinese crude imports, according to a Pepperstone analyst. The ongoing conflict in Ukraine continues to threaten supply…
Kuwait plans $30 billion, five-year spend strategy to boost oil production
(Bloomberg) – Kuwait Petroleum Corp. plans to spend about 10 billion dinars ($33 billion) over five years to ramp up oil production capacity, betting on robust demand for decades to…
Messer secures full refinancing of €500m acquisition loan for Messer Industries
Messer has refinanced the remaining €500m of an acquisition loan tied to its purchase of all shares in Messer Industries. The news follows the industrial gas giant having used short-term…
Trio unites to develop Thailand’s BioLNG industry
CleanEdge Resources Pte Limited, BBGI Public Company Limited and Keppel Ltd have joined forces to spearhead a BioLNG (liquefied biomethane) project in Thailand, aiming to strengthen Southeast Asia’s renewable energy…
Renergen enjoys helium ‘head start’
Renergen has a “head start” for the next three-to-five years while other importers strive to get their South Africa infrastructure up to speed, according to CEO and Managing Director Stefano…
Atlas Copco supports biogas production at Yorkshire facility
Atlas Copco is helping to improve biogas production at the Leeming Biogas facility in North Yorkshire by supplying critical oxygen generation technology. The equipment plays a key role in ensuring…
Offshore Energies UK awards excellence in decommissioning to CNOOC International, J+S Subsea
(WO) – Awards for excellence in decommissioning were presented to CNOOC International and J+S Subsea at a celebratory dinner for more than 500 leaders of the North Sea specialist industry…
HSM Offshore Energy rolls out THOR OHVS topside
(WO) — HSM Offshore Energy, a leader in the EPCIC of multidisciplinary offshore renewable projects, has successfully rolled out the THOR OHVS (Offshore High Voltage Substation) and lifted the GIS…
DT Midstream signs $1.2-billion natural gas pipeline deal
DT Midstream Inc. has agreed to acquire a portfolio of three FERC-regulated natural gas transmission pipelines from ONEOK Inc. for $1.2 billion.
