Industry News

ADNOC LNG Signs Agreements with BP and Total

ADNOC LNG said it has concluded supply agreements with subsidiaries of BP and TOTAL, effectively booking out the majority of its LNG production through Q1 2022.

Finland's Gasum boosts LNG business in Nordics with Linde deal

Finnish state-owned gas company Gasum said it had agreed to buy Linde’s liquefied natural gas (LNG) and marine bunkering business in Norway and Sweden.

ABB to digitalize SABIC chemical plant

ABB has won a project to install its renowned extended automation system at a greenfield pilot plant for SABIC in Jubail, Saudi Arabia, supporting SABIC’s broader vision to digitalize its operations.

ADNOC: Oil is our gold and we aim to use all of it

Abu Dhabi National Oil Co aims to exhaust its vast oil and gas reserves even as many consumers switch to cleaner sources of energy, a senior executive in the Gulf oil company said.

First Cobalt seeks government backing to restart Canadian refinery

First Cobalt Corp is in advanced talks with Canada’s Ontario province to finance the $37.5 million required to restart its idled cobalt refinery, President and Chief Executive Officer Trent Mell said.

Nigeria waits for promises to be fulfilled

The National Assembly has waited more than six months for the president to give his assent to anti-corruption legislation

New systems, new cyber threats

Threat actors constantly remain one step ahead of those seeking to prevent malicious attacks

IOCs retain Algerian caution

Sceptical Western investors adopt wait-and-see attitude even after Algeria’s interim government agreed a draft hydrocarbons law

R.I. Winter Gas Outage Blamed on Low Pipe Pressure

Rhode Island public utilities regulators say a natural gas outage that affected more than 7,000 customers last winter was caused by low pressure in a pipeline.

High on Earnings, TC Energy Plans C$1.2 Billion System Expansion

Fresh off of a 55% quarterly increase in liquids transportation earnings, Keystone pipeline operator TC Energy said it will proceed with another C$1.2 billion expansion to its pipeline system.

Shippers Seek Alternatives as Crews Work to Plug Keystone Leak

Cleanup crews in Walsh County, North Dakota, are working to plug the Keystone pipeline after a 9,000-barrel oil leak this week, a state official said Friday, while crude shippers are searching for alternative means of getting needed supply.

Toro Sells MTI Equipment Business Acquired in CMW Acquisition

Making good on a promise to streamline its product and services portfolio after acquiring Charles Machine Works, The Toro Company has shed CMW's pre-owned construction equipment business by selling MTI Equipment back to its founders.

Fernandez takes centre stage in Argentina

Vaca Muerta shale risks getting stuck in the middle of the new Argentinian president’s political balancing act

Oil firms chase efficiency gains

The spectre of ‘peak demand’ puts an onus on producers to tighten up their games

Schneider Electric appoints President of Process Automation business

Schneider Electric, the leader of digital transformation in energy management and automation, has promoted Nathalie Marcotte to succeed Gary Freburger as president of its Process Automation business, effective Jan. 1, 2020.

Yokogawa collaborates to accelerate adoption of robotics for Inspection of facilities

ExRobotics B.V., a Netherlands-based developer of robotics technology for hazardous environments, and Yokogawa Electric Corporation, a global provider of industrial automation, control, and measurement technology,