Analyst Comment
Global efforts to improve plastic recyclability
The circular economy involves recycling, reusing, and repurposing products to extend their usable lifetime.
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Deal News
TXO Partners to acquire assets in Greater Williston Basin, US
TXO Partners has signed agreements to acquire oil and gas assets in the Greater Williston Basin, US, for a combined total cash considerations of $243m and 2.5 million TXO common units.
Industry News
Israel’s Leviathan field primed for expansion, more gas exports approved
Israel has approved the export of more natural gas, with its partnes in the huge Leviathan gas field planning to expand production.
Industry News
Russian oil and gas revenues set to rise 50% YoY in June
Russia’s oil and gas revenues are set to increase 50% in June as it continues to increase exports to China and India.
Company News
Pembina Pipeline, Haisla Nation make FID on $4bn Cedar LNG Project
Pembina Pipeline and the Haisla Nation have made final investment decision (FID) on the $4bn Cedar LNG Project, a floating liquefied natural gas (FLNG) facility in British Columbia, Canada.
Deal News
Quantum Capital to acquire Caerus Oil and Gas in $1.8bn dealÂ
Quantum Capital Group has reached an agreement to purchase Caerus Oil and Gas, valuing the Rocky Mountain energy company at $1.8bn.
Contract News
Equinor and partners award Ocean Installer SURF contract for Troll project Â
Norwegian oil and gas company Equinor and its partners have awarded a subsea umbilicals, risers, and flowlines contract to Ocean Installer. Â
Deal News
Oil trader Coral Energy acquired by management team
Coral Energy has bought out the company after acquiring the remaining 40% stake from the founder, reported Reuters, citing sources.Â
Industry News
Siemens to build two gas-fired power plants in Saudi Arabia
Siemens Energy is set to build two gas-fired power plants in Saudi Arabia.
Gulf of Mexico
Pemex refinery still not ready for commercial production, say sources
Mexico’s Olmeca oil refinery is unlikely to be able to produce commercial quantities of fuels by the end of this year, say Pemex sources.