GlobalData’s latest report states that global ammonia capacity is poised to see considerable...
- Middle East oil producers target petrochemicals for growth
- DNO ramps up production at Peshkabir field in Iraq
- Eni to buy 50% of BP’s interest in Libyan oil and gas licence
- Report: US and Russia top spenders across oil and gas value chain
- M&As this week: Northern Oil and Gas, Gear Energy, Drillinginfo
Deals this week: Petrobras, Buru Energy, Tokyo Gas
Petrobras is planning to present a $7bn sales and purchase agreement (SPA) agreement for the divestment of a 90% stake in Transportadora Associada de Gas (TAG) by the end of this year.
Asia and Middle East lead globally on ammonia capacity additions
GlobalData’s latest report states that global ammonia capacity is poised to see considerable growth over the next nine years, potentially increasing from 231.7 million tonnes per annum in 2017 to 281.7mtpa in 2026.
Deals this week: President Energy, Petronas, Union Jack Oil
President Energy has acquired a 90% stake in the Las Bases and Puesto Prado concessions from the Rio Negro Province, Argentina, for $9.9m.
Iraq oil and gas production: unlocking long-term growth
Iraq’s crude-oil production is gradually increasing thanks to expansion at previously delayed oil projects.
China leads in global petrochemicals capacity additions
GlobalData’s latest report, 'H2 2018 Global Petrochemical Capacity and Capital Expenditure Outlook – Rosneft Oil Co Drives Global Petrochemical Capacity Additions' states that the global petrochemicals capacity is poised to see considerable growth over the next nine years, potentially increasing from 1,550.5 million tonnes per annum (mtpa) in 2017 to 2,031.6mtpa in 2026.
M&As this week: Par Pacific, Diamondback Energy, Ensign Energy
Par Pacific has signed a definitive agreement to acquire US Oil & Refining and its affiliates for $358m.
M&As this week: Cimarex, Indian Government, Prairie Provident
Cimarex has signed an agreement to acquire Resolute Energy for $1.6bn.
Deals this week: Woodside, Lonestar Resources, QEP
Woodside Energy has entered a gas sale and purchase agreement (GSPA) with Perdaman Chemicals and Fertilisers for the supply of gas from its proposed Scarborough gas field development project.
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