API pleased that Keystone XL construction is to begin
API applauds TC energy announcement to start construction of the Keystone XL Pipeline.
Business news
INEOS begins UK production of hand sanitiser
The company has announced that its new hand sanitiser plant near Middlesbrough has started producing 1 million hand sanitisers a month.
STATS Group expands operations in Oman
The company has opened a new workshop, storage and testing facility in Muscat.
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Edgewater Midstream appoints new CFO
David Anders has joined the independent midstream energy company as its Chief Financial Officer.
SOCAR and Equinor confirm participation in Karabagh field
SOCAR and Equinor confirm participation in the development of Karabagh field and sign a co-operation agreement.
Pipeshield International secures array of contracts
Pipeshield International Limited has secured 20 new projects in 1Q20.
Apache Corporation comments on financial position and liquidity
The company has commented in response to Standard and Poor’s decision to lower Apache’s credit rating.
Transneft Baltic conducts scheduled works at oil trunk pipelines
The work was performed as part of Transneft Baltic’s technical upgrading and revamping programme.
OMV and Mubadala agree on payment for additional 39% share in Borealis
The companies have signed an amendment agreement to the share purchase agreement concluded on 12 March 2020.
More Business news news
FERC, NARUC join efforts to help ensure essential services during pandemic
As the first step in this partnership, FERC and NARUC are urging all state authorities to designate utility workers as essential to the nation’s critical infrastructure.
FERC approves Enable Midstream’s settlements
Enable Midstream has announced FERC approval of MRT rate case settlements.
Frontera announces responses to lower oil price environment
The measures include a reduction in the 2020 capital plan and the acceleration of cost savings initiatives.
Occidental enters into definitive agreement with Carl C. Icahn
The agreement sees three new Icahn designated directors added to Occidental’s Board, effective immediately.
INEOS to postpone shutting down of Forties Pipeline
INEOS to postpone shutting down of Forties Pipeline System until August at the earliest.
Chevron takes action in response to the changing market
Chevron Corporation has announced several steps it is taking in response to market conditions.