GlobalData’s latest report, H2 2018 Global Capacity and Capital Expenditure Outlook for Refineries...
- Quarterly midstream capital raising review – Q2 2018
- Mexico refinery expansion: state streamlining or private investment?
- China Petrochemical and Total SA lead global ethylene capacity additions
- Lack of infrastructure delays first production from Alaska’s North Slope finds
- China and Nigeria drive global refinery capacity additions and capex
November’s top news stories
Encana signed a deal to acquire Newfield Exploration Company in a $5.5bn deal, and Anadarko Petroleum signed a $4.015bn agreement to sell nearly all of its remaining midstream assets to its master limited partnership Western Gas Partners (WES). Hydrocarbons-technology.com wraps up the key news headlines from November 2018.
Frontera Energy stops production after pipeline rupture in Peru
Canada-based Frontera Energy has stopped oil production at its largest oilfield in Peru following a rupture in a 1,100km pipeline operated by state-owned Petroperu.
Ecopetrol to invest $4bn in 2019 to enhance production
Colombian oil and gas company Ecopetrol has outlined plans to invest between $3.5bn and $4bn next year as part of its strategy to improve reserves and production.
Saudi Aramco to invest $500bn for global expansion
Saudi Aramco is reportedly planning to invest $500bn over the next ten years as part of its strategy to become a global refiner and chemical manufacturer.
India to raise $2bn from share sale in ONGC, IOC and OIL
The Indian Government is reportedly planning to divest $2bn worth of shares in Oil and Natural Gas (ONGC), Indian Oil (IOC), and Oil India (OIL), in order to meet its divestment target for this year.
ExxonMobil brings onstream delayed coker unit at Antwerp refinery
ExxonMobil has started operations of a new delayed coker unit at its refinery in Antwerp, Belgium, to convert heavy, higher-sulphur residual oils into high-value transportation fuels such as marine gas oil and diesel.
Chevron in talks to purchase Petrobras’ Texas refinery
Oil and gas producer Chevron has reportedly held discussions with Brazilian state-run oil firm Petrobras to acquire the latter’s oil refining unit in Texas, US.
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