Paris, July 13, 2021 – TotalEnergies has completed a transaction with GIP Australia (GIP) in relation to the downstream facilities of the Gladstone LNG Project owned by its subsidiary Total GLNG Australia (TGA), for a consideration […]
Private equity firm Lone Star Funds is nearing an agreement to acquire chemical producer AOC from CVC Capital Partners, people familiar with the matter said. The deal to buy the composite resins business for more than $2 billion could be […]
Source: U.S. Energy Information Administration, Refinery Capacity Report As a result of several U.S. refinery closures in 2020, U.S. operable atmospheric crude oil distillation capacity, the primary measure of refinery capacity in the United States, dropped 4.5% to […]
(Reuters) – By the end of 2021, Royal Dutch Shell Plc (RDSa.L) will have just one operating crude oil refinery in the United States: The 227,400 barrel-per-day (bpd) refinery in Norco, Louisiana. Sources familiar with Shell’s plans […]
CHENNAI: Reliance Industries, operator of the world’s biggest refining complex at Jamnagar in western India, will invest $10.1 billion in clean energy over three years in a drive to become a net carbon zero company by 2035. Reliance’s […]
Vattenfall and BASF have agreed the sale of 49.5 per cent of Vattenfall’s Hollandse Kust Zuid (HKZ) offshore wind farm in the Netherlands. Once fully commissioned in 2023, HKZ will be the largest offshore wind […]
The U.S. oil market is reaching a crunch point. Each week drivers are traveling billions of miles on interstates, just as they did in 2019, before the pandemic ravaged global oil consumption. But despite a […]
PKN ORLEN is investing in the expansion of the Olefins Complex at the Płock Production Plant. It is the key project in the strategic Petrochemical Development Programme and the largest petrochemical investment project in Europe […]
A major oil refinery in Tehran is now engulfed in a huge blaze just hours after on Wednesday morning the Islamic Republic’s largest warship caught fire and sank in the Gulf of Oman under mysterious circumstances. Iranian state Tasnim news in […]
Fuel demand fell sharply in May as lockdowns were imposed in many states to curb a surge in coronavirus cases, which has made India the second-most infected country behind the US. But the outbreak is […]
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