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22 January 2021
Irving Oil lays off 60 employees at Saint John refinery in Canada
Canada-based Irving Oil has laid off 60 employees at its Saint John refinery in New Brunswick, citing dip in demand due to the Covid-19 pandemic.
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21 January 2021
Equinor offloads interest in Canadian oil sands producer Athabasca
Norway’s Equinor has exited from the Canadian oil sands operations by divesting its 18.8% stake in carbon-intensive oil sands producer Athabasca Oil.
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21 January 2021
President Joe Biden revokes permit of $8bn Keystone XL pipeline
US President Joe Biden has formally revoked the existing Presidential Permit for the TC Energy’s (formerly TransCanada) $8bn Keystone XL pipeline saying that the project ‘disserves the US national interest’.
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20 January 2021
Petrobras in talks over sale of refinery Refap to Ultrapar
Petrobras has confirmed that it is in talks with Brazilian group Ultrapar Participacoes over divestment of its Alberto Pasqualini Refinery (Refap) in the state of Rio Grande do Sul.
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20 January 2021
Gazprom and Wintershall Dea start production from Achim Development
Russian energy firm Gazprom and German gas and oil producer Wintershall Dea have commenced production of gas and condensate from Area 4A in the Achimov formations of the onshore Urengoyskoye...
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19 January 2021
Woodside Energy expands LNG supply deal with Germany’s Uniper
Woodside Energy Trading Singapore (Woodside) has revised the long-term sale and purchase agreement (SPA) to double the volume of LNG it supplies to Germany’s Uniper Global Commodities.
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19 January 2021
Oil and gas methane emissions dropped last year, says IEA
An International Energy Agency (IEA) report has found that methane emissions from oil and gas production had dropped around 10% last year.
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18 January 2021
Tellurian expects to start construction of LNG export project this year
Tellurian expects to commence construction of its $16.8bn Driftwood LNG export project in Louisiana this summer (June to August) as demand for fuel increases across the world.
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18 January 2021
Heirs acquires 45% stake in OML 17 oilfield license in Nigeria
African investment firm Heirs Holdings has acquired a 45% participating stake in Nigerian oil licence OML 17 and related assets from Shell Petroleum Development Company of Nigeria (SPDC), Total E&P...
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15 January 2021
Halliburton delivers electric grid-powered fracturing in Permian basin
Halliburton has announced that it has delivered the first electric grid-powered fracturing operation in the Permian basin as the industry explores different ways to reduce carbon emissions.