Industry News
ADNOC completes $2.84bn offer of shares in gas subsidiary
Abu Dhabi National Oil Company (ADNOC) has completed its marketed offering of ADNOC Gas shares, raising gross proceeds of around $2.84bn.
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Features
Protecting pipelines and platforms with underwater robots
Monitoring critical offshore infrastructure is becoming easier with subsea robotic repair and inspection, and could open large areas of the world’s oceans to exploration.
Industry News
Centrica seals 15-year LNG agreement with Petrobras
UK energy company Centrica has signed a 15-year sale and purchase agreement (SPA) with the Brazilian oil and gas company Petrobras.
Industry News
Obsidian Energy to sell Pembina assets to InPlay Oil for $225mÂ
Obsidian Energy has announced a definitive agreement to sell its operated Pembina assets to Calgary-based InPlay Oil for approximately C$320m ($225.2m).
Industry News
OMV begins construction of $782.5m SAF unit at Petrobrazi Refinery in Romania
OMV Petrom, an integrated energy producer, has commenced construction of a sustainable aviation fuel (SAF) and renewable diesel (HVO) production unit with an annual production capacity of 250,000 tonnes (t) at its Petrobrazi refinery in Romania.
Industry News
Japex boosts oil and gas investment through 2030
Japex announced a shift in the company’s investment plans to prioritise oil and gas exploration and production investments through 2030.
Industry News
Tokyo Gas purchases 20% stake in Philippines offshore LNG terminal
Tokyo Gas has acquired a 20% stake in FGEN LNG, the owner and operator of an offshore floating LNG terminal in Batangas City, Southern Luzon Island, Republic of the Philippines.
Analyst Comment
US to lead global ammonia capacity additions by 2030
The US is anticipated to lead global ammonia capacity additions by 2030, due to the availability of large natural gas reserves.
Industry News
Exxon to boost gas supply in Guyana for local energy projects
Exxon Mobil is set to enhance natural gas production from its oil-focused operations in Guyana via a large-scale project.
Industry News
Aramco to buy 25% stake in Unioil Petroleum Philippines
Petroleum refineries firm Aramco has signed agreements to acquire a 25% stake in Unioil Petroleum Philippines, a downstream fuels operator established in 1966.