Business news

TC Energy completes partial monetisation and project financing transactions for Coastal GasLink.

The country’s oil demand for April reached 89% of the April 2019 level.

The Intercontinental Exchange is registering record levels of open interest across its North American, European and Asian gas benchmarks.

US and Canadian oil producers are expected to halt 1.75 million bpd and 500 000 bpd of production, respectively.

Corinth declares its support of the Paris agreement and aims to become carbon neutral within 2020.

Adam Wood has been appointed to the company’s most senior role in the Americas.

China and OPEC commit to working together to help stabilise the global oil market.

The company ranks first in market share by megawatts for gas turbine orders in 2020, according to data obtained from McCoy Power Reports.

Libryo offers oil and gas professionals free COVID-19 regulatory guidance.

The new knowledge-sharing network is aimed at encouraging companies to work collaboratively to share problems and source solutions to their efficiency challenges.

Together the companies will offer solutions focused on risk mitigation and competency management.

The company has acquired JP3 Measurement, LLC in a cash-and-stock transaction.

The welding and fabrication site will house a new division, delivering pressure part welding and fabrication site services.

The companies have entered into a binding agreement to progress with the pre-FEED for the provision of midstream infrastructure and services for the Judith Gas Field.

Natural gas prices will continue to struggle due to market oversupply, according to GlobalData.