Crown LNG, a Norwegian infrastructure company, is planning to build a new liquefied natural gas (LNG) import terminal in the UK.
Global renewable refinery production capacity is expected to more than triple from 8,994 million gallons per year in 2024 to 27,486 million gallons per year in 2028.
Brazil’s state-run oil giant Petrobras reported lower-than-expected results and decreased investment estimates, a significant drop from 2023.
SBM Offshore has been contracted to construct a floating storage and offloading (FSO) unit for the Trion deepwater oil project.
Mexico’s incoming administration is set to encourage state oil company Pemex to form equity partnerships with private firms.
Petrobras has obtained environmental licenses to expand oil production in two offshore fields, reported Reuters, citing sources.
Reliance Industries is planning a crude-for-naphtha swap deal to resume crude oil trade with Venezuela, reported Reuters, citing sources.
The US Energy Information Administration (EIA) stated that despite recent falls in crude oil prices, it expects an increase in H2 2024.
Harbour Energy, has reported a net profit for the first half of 2024, registering $393mn before tax. Labour’s tax increase to affect this.
Global polyethylene capacity is poised to see considerable growth over the next four years, potentially from 141.29mtpa in 2023 to 198.27mtpa in 2028.
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We are a niche consulting company providing services to the oil & gas, renewable energy, and decarbonization sectors.
