Tag Archive

ADNOC and Pertamina sign  agreement in oil and gas development

ADNOC and Pertamina sign agreement in oil and gas development

July 25, 2019 No Comments

The Abu Dhabi National Oil Company, ADNOC, signed a Comprehensive Strategic Framework, CSF, with Indonesia’s energy company, PT Pertamina, Persero, to explore opportunities for collaboration across the oil and gas value chain in the United Arab Emirates, Indonesia and globally. The signing of the agreement took place in the presence of His Highness Sheikh Mohamed […]

Oil vs. gas: which should you choose?

Oil vs. gas: which should you choose?

June 18, 2019 No Comments

As the threat of climate change continues to gather pace, one of the burning questions of our time remains: ‘how can we create a greener, more sustainable future that still allows businesses to thrive?’ Central to solving this challenge is our energy usage, and the fuel we depend on in our daily lives and commercial […]

Equinor Steps up LPG activity in South-East Asia

Equinor Steps up LPG activity in South-East Asia

November 22, 2018 No Comments

Equinor and Global Petro Storage (GPS) have entered into a long-term agreement for a terminal and storage for LPG (Liquified Petroleum Gas) volumes in Port Klang in Malaysia. GPS will build a new facility to execute this agreement with startup of operations planned for mid-2021. Equinor will bring LPG to the terminal and sell into […]

Repsol earnings increase 46% to 1.546 billion euros

Repsol earnings increase 46% to 1.546 billion euros

July 27, 2018 No Comments

Repsol’s net income was 1.546 billion euros between January and June 2018, representing an increase of 46% compared with the same period of the previous year, and the highest profit recorded for this period in the last decade. Adjusted net income, which specifically measures the performace of the company’s businesses, increased by 12% to 1.132 […]

Qatar Petroleum to supply Vietnam with  LPG and Naphtha

Qatar Petroleum to supply Vietnam with LPG and Naphtha

April 30, 2018 No Comments

Qatar Petroleum has announced an agreement to supply Vietnam with up to 2 million tons per year of LPG and Naphtha for a period of 15 years. The long-term agreement was signed by Qatar Petroleum for the Sale of Petroleum Products Company Ltd. (“QPSPP”) and Long Son Petrochemicals Company Limited (“LSP”), a subsidiary of The […]

OTC EUROPE ACQUIRES OIL BROKERAGE LIMITED

OTC EUROPE ACQUIRES OIL BROKERAGE LIMITED

October 4, 2017 No Comments

OTC Europe, LLP, a subsidiary of leading independent commodities interdealer broker OTC Global Holdings (OTCGH), announced the acquisition of Oil Brokerage Limited, a London-based global physical and financial oil products firm. The acquisition further strengthens OTC Europe’s and OTCGH’s position as a major global player across all commodity markets by deepening its liquidity pools, product […]

Petrol,Cooking Gas Prices Drop in Nigeria

Petrol,Cooking Gas Prices Drop in Nigeria

September 4, 2017 No Comments

The sustained strategic intervention of the Nigerian National Petroleum Corporation (NNPC) in the efficient supply and distribution petroleum products has led to significant fall in the prices of Premium Motor Spirit (PMS), also known as petrol, and Liquefied Petroleum Gas (LPG), also known as cooking gas, nationwide. A national survey by Oil and Gas Forum, […]

Eni and Snam sign framework agreement for the development of methane stations in Italy

Eni and Snam sign framework agreement for the development of methane stations in Italy

May 29, 2017 No Comments

Eni and Snam have signed a framework agreement for the development of methane gas stations in Italy, as part of a wider set of initiatives to promote sustainable mobility. The partnership aims at developing new compressed natural gas (CNG) and liquefied natural gas (LNG) plants within Eni’s national network of stations, favouring the supply of […]

Eni and CONOE to transform used vegetable oils into biofuels

May 22, 2017 No Comments

Used vegetable oils can be transformed into biofuels. Eni and CONOE, The National Consortium for the Collection and Treatment of Used Oils and Fats, have signed a Memorandum of Understanding to promote and increase the collection of vegetable oils that will supply Eni’s Venice biorefinery and, from 2018, Gela. The Minister for the Environment and […]

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Saipem awarded new EPCI contract by ExxonMobil in Guyana

Saipem awarded new EPCI contract by ExxonMobil in Guyana

May 11, 2017 No Comments

Saipem has been awarded a new EPCI contract for the SURF package of the proposed Liza project operated by Esso Exploration and Production Guyana Limited, an affiliate of ExxonMobil. Located approximately 120 miles offshore Guyana at a water depth of 1,800 metres, the Liza field is a subsea development with a recoverable resource estimate of […]

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