Aramco, ADNOC to Invest in US LNG Projects
Saudi Arabia's Aramco and Abu Dhabi National Oil Company (ADNOC) have been in discussions to invest in US liquefied natural gas (LNG) projects, according to Reuters.
News / International
ADNOC Deploys 30 AI Tools, Reducing Emissions by 1M Tons in 2022-2023
ADNOC has generated $500 million in value from deploying 30 AI tools across the company’s entire value chain by 2023. These tools have helped in value creation, improved decision-making process in addition to reducing carbon emissions by 1 million tons between 2022 and 2023, equivalent 200,000 gasoline- powered cars from the road.
HPCL to Begin Operations at Rajasthan Refinery, Primarily Using Middle Eastern Oil
Hindustan Petroleum Corp. (HPCL) is set to start operating its new 180,000 barrels per day Barmer refinery in India's desert state of Rajastha by December using Middle East oil.
Valero Energy to Cooperate with Summit Carbon Solutions for Major Carbon Pipeline Project in US
Valero Energy Corp., one of the largest fuel refiners in the US, has joined a massive carbon capture and storage project in the heart of the country's corn industry.
Staatsolie, Petronas, ExxonMobil to Extend Gas Exploration Offshore Suriname
Suriname's state-owned oil company, Staatsolie,m has signed a deal with Petronas and ExxonMobil to extend exploration of a gas discovery off the coast of Suriname in addition to considering the potential of a floating LNG project.
TotalEnergies, Bapco Energies Partner to Optimize Petroleum Products Trading
TotalEnergies and Bapco Energies, the leading energy transition company in Bahrain, have cooperated to optimize the trading of petroleum products.
Abadan Oil Refinery Boosts Processing Capacity to 500,00 bbl/d
Iran's largest oil refinery, the Abadan oil refinery, has increased its processing capacity as part of the government's efforts to reduce the export of crude oil.
Top Energy Companies in the Philippines Join Forces to Establish $3.3B LNG Facility
Three of the top energy companies in the Philippines have partnered to create a large-scale integrated liquefied natural gas (LNG) facility. This partnership, valued at $3.3 billion, marks the first time that Aboitiz Power, a subsidiary of Manila Electric (Meralco), and San Miguel Corp. have collaborated on such a project.
Aramco Completes Acquisition of ESMAX, Further Diversifies its Downstream Business
Aramco has completed its 100% acquisition of Esmax Distribución SpA, a prominent downstream fuels and lubricants retailer in Chile, marking Aramco's first investment in the South American market.
TotalEnergies to Supply Sembcorp with 0.8 mtpa of LNG for 16 Years
TotalEnergies has announced the signing of a sale and purchase agreement with Singapore's Sembcorp Industries. The deal involves the supply of up to 0.8 million tons of liquefied natural gas (LNG) per year to Sembcorp for a duration of 16 years, starting in 2027.
