A second oil cargo is shipping to Argentina
A 1-million-barrel cargo of Nigeria’s Bonga medium crude oil is expected to be discharged in Argentina this week, the second crude import by firms …
End-User Industries
Petrobras is considering a $15bln divestment plan
Petrobras has entered exclusive talks with Brookfield Asset Management Inc. over the sale of natural gas pipeline unit Nova Transportadora do Sudeste SA (NTS), …
Shell is reportedly preparing the field for an ethane cracker in Marcellus/Utica basins area
A real estate trust specializing in the ownership and management of retail shopping malls may have provided a clue to Royal Dutch Shell Plc’s plans for its …
Wood Group, is expanding in the Middle East with two big contracts
Wood Group has secured two new, three year contracts, collectively valued at over $140 million, to deliver technical services and expertise to one of the …
GE enters the container ship industry with a contract with Maersk Line
GE’s Marine Solutions announces the expansion of its offering with the signing of a key contract to provide the latest in auxiliary electric systems to …
Air Products sold its Performance Material Division to Evonik for $3.8bln
Air Products announced that it has signed a definitive agreement today to sell the Performance Materials Division (PMD) of its Materials Technologies segment …
Lundin Petroleum published the results from Johan Sverdrup field
Sweden’s Lundin Petroleum raised output estimates for the first phase of the giant Johan Sverdrup field on Wednesday as it beat first-quarter core …
AWE refused an offer from Lone Star
Australian oil and gas company AWE Ltd said on Wednesday it had rejected a A$421 million ($311 million) takeover approach from US-based private equity fund …
Wood Group secured the third contract with Shell of this year
Wood Group has been awarded a three year contract extending its support of Shell’s eight UKCS offshore assets. Wood Group PSN (WGPSN) will continue to …
Husky Energy is selling Saskatchewan assets for C$595mln
Husky Energy said it would sell some assets in southwest Saskatchewan for C$595 million ($461 million) to fellow oil and gas producer Whitecap Resources Inc as …