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5 March 2021
Interoil signs deals to boost production prospects in South America
Interoil Exploration and Production has signed two agreements in Colombia and Argentina to boost its production prospects in the regions.
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4 March 2021
Venture Global to install two liquefaction trains at Calcasieu Pass plant
Venture Global LNG is reportedly planning to install the seventh and eighth liquefaction trains at its £4.8bn ($5.8bn) Calcasieu Pass LNG export plant in Louisiana in the coming weeks.
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4 March 2021
Australia’s Armour Energy plans to demerge Northern Basin assets
Australian Natural gas liquids company Armour Energy has announced plans to demerge its Northern basin oil and gas business.
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3 March 2021
Neste finalises purchase of Bunge’s refinery plant in Netherlands
Finnish renewable diesel producer Neste has closed the acquisition of Bunge Loders Croklaan’s refinery plant located in Rotterdam, the Netherlands, for €258m ($310.7m) following regulatory nod.
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3 March 2021
ExxonMobil to cut workforce by 300 in Singapore
ExxonMobil is set to lay off around 300 of its Singapore workforce by the end of this year as part of its efforts to boost and sustain its long-term competitiveness.
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2 March 2021
Samsung C&T lands EPC contract for North Field Expansion project
Samsung C&T has secured a contract, worth more than $2bn, from Qatar Petroleum for the North Field Expansion project.
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2 March 2021
Charities urge banks to not finance oil pipeline project in East Africa
Over 260 charities have urged banks not to provide loans for the $3.5bn oil pipeline project in East Africa, citing that the 1,445km project could wreak havoc on the environment,...
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2 March 2021
BPCL to offload stake in Numaligarh Refinery in India for $1.3bn
Bharat Petroleum (BPCL) has announced the sale of its entire stake in the Numaligarh Refinery, located in the Indian state of Assam, for Rs98.75bn ($1.35bn).
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1 March 2021
Tethys Oil encounters hydrocarbons on Block 49 onshore Oman
Swedish oil company Tethys Oil has made hydrocarbons discovery at the Thameen-1 exploration well located on Block 49 onshore Oman.
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1 March 2021
India’s IOC plans to expand Panipat refinery in Haryana
State-owned Indian Oil Corporation (IOC) is planning to invest Rs324.96bn ($4.39bn) to expand the oil refinery at Panipat in the state of Haryana.