Natural Gas
US pipeline operator ONEOK moves into oil, products with $18.8-B Magellan deal
ONEOK Inc agreed to buy U.S. pipeline operator Magellan Midstream Partners in a cash-and-stock deal valued at about $18.8 B including debt, bringing natural gas-focused ONEOK into transporting refined products and oil.
Iraq expects Total to begin $27-B energy project in second half of 2023
Iraq expects TotalEnergies to begin operations on a long-delayed $27-B oil, gas and renewables project in the second half of 2023 after finalizing side-contracts with a state oil company.
Alberta producers restart oil and gas operations as wildfires temporarily ease
A number of oil and gas companies in Canada's main crude-producing province Alberta restarted shuttered production as wildfires that sparked widespread evacuations eased, although officials warned conditions could deteriorate.
Japan's Eneos aims to double profit in 3 years with green energy plan
Japan's biggest oil refiner Eneos Holdings said it planned to more than double net profit to ¥310 B in three years and expand aggressively in green energy and climate-friendlier fuels.
Biden admin greenlights LNG exports from Alaska project
The Biden administration on Thursday approved exports of liquefied natural gas from the Alaska LNG project that one day could help the United States compete with Russia to ship natural gas from the Arctic to Asia.
Canada's Alberta to contribute to CCUS after Ottawa commitments
Canada's province of Alberta is expected to offer more support for carbon capture utilization and storage projects now that the federal government has its incentives in place.
Cummins to invest over $1 B to upgrade U.S. facilities to new clean energy tech
Cummins Inc said it would invest more than $1 B across its U.S. engine manufacturing network to upgrade some facilities to support new clean energy technologies.
China refiner ZPC enters strategic fuel marketing deal with Sinopec
Privately controlled Zhejiang Petrochemical Corp, operator of China's largest refinery, said it has reached a strategic agreement with state refining giant Sinopec on the domestic marketing of its fuel.
Colombia's Ecopetrol must grow oil, gas output to fund transition
Colombia's Ecopetrol must focus on growing its oil and gas production to fund the transition towards renewables.
Elliott Group announces opening of new service center in Saudi Arabia
Elliott Group is pleased to announce the opening of Elliott Gas Services Saudi Arabia (EGSSA), which is the product of a joint venture between Elliott and GAS Arabian Services.
- Hanwha Ocean signs strategic MoU with Kanata Clean Power for proposed $15.7-B, 12-MMtpy FLNG project in Canada 6/18
- Burckhardt Compression secures milestone order for first industrial scale liquefied CO₂ carrier supporting Northern Lights CCS project 6/18
- Dynelectro dispatches 250-kW electrolyzer unit to Syntholene’s Iceland eSAF project 6/18
- EIA: U.S. crude inventories decline for tenth week to over 40-yr low 6/18
- Australia opens first carbon refinery, making new products from captured CO2 6/18
- ABB expands non-invasive sensing portfolio to advance simpler, safer temperature measurement 6/18
