Analyst Comment
Asia set to drive global propylene capacity additions by 2028
Globally, 142 planned and announced propylene projects are expected to come online by 2028 predominantly in Asia followed by the Middle East.
Author: admin@erthaenergy
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Company News
Equinor may reassess UK oil investment due to tax changes Â
Equinor is contemplating the future of its investments in the UK oil and gas sector in light of potential changes to tax regime.
Contract News
Mexico Pacific signs 20-year LNG supply deal with POSCO InternationalÂ
Mexico Pacific has entered into a long-term LNG sales and purchase agreement (SPA) with South Korean energy company POSCO International. Â
Industry News
Nigeria’s NNPC ponders selling assets to increase profit margins
An executive from Nigeria’s state oil company stated that the company is looking to maximise all its assets, and shed what’s not needed.
Company News
ADNOC deploys AI technology to enhance equipment performance and maintenanceÂ
ADNOChas rolled out an AI-enabled process optimisation technology, Neuron 5, to advance its operational capabilities. Â
Industry News
Tanker attacked by Houthi rebels in the Red Sea may be leaking oil
Greek-owned and flagged oil tanker MV Sounion, which was attacked by Houthi rebels, may now be leaking oil.
Industry News
TotalEnergies Trading hit with $48m fine for attempted market manipulationÂ
The US market regulator charged the global energy trader, with attempting to interfere with the market for EBOB-linked futures contracts.
Company News
Chatterjee Group in talks with Indian energy firms for petrochemical projectÂ
The Chatterjee Group is seeking a partnership with Indian state-run companies for an oil-to-chemicals project, reported Bloomberg.
Deal News
ExxonMobil weighs sale of conventional oil assets in Permian BasinÂ
ExxonMobil is considering the sale a package of conventional oil assets in the Permian Basin, reported Bloomberg, citing sources. Â
Company News
Petrobras and TGS partner on energy sector research and tech development Â
Petrobras has signed an MoU with TGS to enhance scientific research and technological development in Brazil’s energy sector. Â