Business news

One of Wintershall’s crude oil processing facilities is marking 20 years of action.

The statement follows the announcement of new initiatives that will preserve jobs and provide needed liquidity for the sector.

The company has acquired producing oil and gas assets and related midstream assets, including 77 miles of gathering lines, pipelines, and related facilities and equipment.

ConocoPhillips is to voluntarily curtail 225 000 bpd of oil and reduce 2020 cash uses by an addition US$3 billion.

The company has invested in its market intelligence product, SubseaIntel, so that its members can access the latest global opportunities when the economy starts to recover from the coronavirus pandemic.

Transneft Siberia starts cycle of geotechnical monitoring of Zapolyarye-Purpe oil trunk pipeline facilities.

Alyeska is responding to the ongoing investigation and management of a spill to water at the Valdez Marine Terminal.

Trans Adriatic Pipeline AG will provide €1.5 million to support the health services in Greece, Albania and Italy fight against the COVID-19 pandemic.

The company has announced cost, workforce and capital reductions in response to the unprecedented market conditions caused by the epidemic.

The new OSPs, announced on 13 April, indicate the nature of Saudi Arabia's crude export strategy after agreeing to cut production in the OPEC+ deal.

The findings of Quorum’s research in ‘Modernising Oil and Gas: Insights on the State of the Industry’ have been released.

Christine Whelchel has joined the company as a founder and its COO.

EagleClaw Midstream has joined the Our Nation’s Energy Future coalition, joining the likes of TC Energy, Apache, and Equinor.

The company has announced it will contribute US$3 million to relief efforts across the US and in the UK.

Tallgrass Energy, LP will be removed from the Tortoise MLP Index and the Tortoise North American Pipeline Index following the completion of the merger with BIP Holdings Manager LLC.