Economics
Shell sees $6 B in oil and gas investments in Nigeria
Shell sees a $5-B offshore oil investment opportunity in Nigeria and pledged to spend a further $1 B in five to 10 years to boost natural gas output for domestic supplies and exports, a presidential spokesperson said, citing Shell's director of upstream operations.
Mexico's Pemex eyeing later refinery start-up date, months after initial announcement
Mexican state-owned oil company Petróleos Mexicanos is working to nail down the start-up date at its newest refinery, months after the government said it had begun early output to ramp up to full capacity by December.
Australia's Woodside, Santos in talks for $53-B oil-gas merger
Australia energy companies Woodside and Santos Ltd said that they are in preliminary merger talks, in what could be the latest big deal in a wave of global consolidation the in oil and gas sector.
India’s Russian oil imports seen rising on lower prices
Easing global oil prices would help India boost imports from Russia as a lower than $60 a barrel price of Russian oil will enable buyers to use Western services such as insurance and ships.
Nigeria's Dangote refinery receives first crude cargo
The Dangote oil refinery in Nigeria received its first cargo of 1 million barrels of crude oil from Shell International Trading and Shipping Co, bringing the start of operations closer after years of delays.
Details of Canada's planned regulations to limit oil and gas emissions
Canada unveiled planned regulations to limit emissions from the oil and gas sector using a cap-and-trade system, fulfilling a promise by Prime Minister Justin Trudeau's government to cut emissions in its most polluting sector.
INEOS announces the acquisition of the LyondellBasell ethylene oxide & derivatives business and production facility at Bayport, Texas (U.S.) for $700 MM
INEOS has announced an agreement with LyondellBasell to buy its ethylene oxide & derivatives business including the Bayport Underwood site, Texas.
Indonesia allots 13.41 MM kiloliters of biodiesel for mandatory blending in 2024
Indonesia has allotted 13.41 million kiloliters of biodiesel for mandatory blending in 2024, slightly more than this year's allocation.
Heidelberg University and BASF extend collaboration at jointly operated catalysis laboratory CaRLa for five more years
BASF and Heidelberg University will continue to jointly operate the Catalysis Research Laboratory for a further five years.
EU regulators fine ethanol producer Lantmannen $51 MM over ethanol benchmarks cartel
EU antitrust regulators fined Lantmannen, the largest ethanol producer in the Nordic region, $51.4 MM for rigging ethanol benchmarks between November 2012 to March 2014.
- AVTL to develop ammonia terminal in Pipavav, India 6/20
- Chevron seeks buyers for 50% stake in Singapore refinery 6/20
- Asian refiners seek more Mideast oil after spot premiums jump on Israel-Iran conflict 6/20
- Mexican authorities discover clandestine mini-refinery in crackdown of illegal hydrocarbon trade 6/20
- Italy's Eni eyes new unit to manage oil refineries 6/20
- Inatech's Techoil implemented by Flint Hills Resources for a modern, integrated future 6/20
