Trending:
-
3 February 2021
Zenith Energy acquires storage terminals from Guttman Realty in US
American midstream company Zenith Energy Terminals has concluded the assets of Bulk Terminal Storage from Guttman Realty for an undisclosed amount.
-
8 December 2020
NuStar Energy completes divestment of Texas City terminals for $106m
NuStar Energy, a US-based liquids terminal and pipeline operator, has completed the previously announced divestment of its terminals in Texas City for $106m.
-
8 September 2020
Reliance Industries unveils oil-to-chemical business plan details
India-based Reliance Industries (RIL) has released a detailed plan carving out its oil-to-chemicals (O2C) business into a wholly-owned subsidiary, which can attract investors.
-
3 June 2020
Petrochemical segment to pick-up faster than refinery and upstream following COVID-19: Poll
Fall in crude prices and reduced demand from end-user markets during the COVID-19 pandemic has significantly impacted the oil and gas industry forcing companies to postpone investments and stall existing...
-
17 March 2020
Fire at Petronas-Aramco oil refining complex claims five lives
A fire and explosion at an oil refining complex owned by Petronas and Saudi Aramco in Malaysia's southern state of Johor killed five people and injured one.
-
28 November 2019
India introduces new liberalised policy for petrol pumps
India has introduced a new liberalised policy that requires licensees to set up at least 100 outlets.
-
30 October 2019
Pertamina-Rosneft JV signs contract for Tuban refinery in Indonesia
The PT Pertamina Rosneft Pengolahan dan Petrokimia joint venture (JV) comprising Rosneft and Indonesian company Pertamina has signed a contract with Tecnicas Reunidas to design a refinery in Tuban.
-
12 August 2019
Saudi Aramco to acquire Reliance’s O2C business unit for $75bn
Saudi Aramco has signed a non-binding letter of intent (LoI) to acquire a 20% stake in the oil-to-chemicals (O2C) division of India’s Reliance Industries Limited (RIL) for $75bn.
-
10 July 2019
Sequitur Permian acquires producing assets in US from Callon Petroleum
Sequitur Energy Resources’ affiliate Sequitur Permian has acquired producing properties in Reagan and Upton Counties, Texas, US, from Callon Petroleum and other undisclosed sellers for $264.6m.
-
30 May 2019
Canadian Natural signs agreement to acquire Devon for $2.8bn
Oil and gas producer Canadian Natural Resources has signed an agreement to acquire the assets of Devon Canada in an all-cash deal of C$3.8bn ($2.8bn).