US President Donald Trump revealed plans to build a new oil refinery on the southern US border, backed by India’s Reliance Industries, the operator of the world’s largest refining complex, Reuters reported.
The Iraqi cabinet has approved a 44.56 billion Basrah-Haditha oil pipeline. The 685 km pipeline will have a capacity of 2.25 million barrels per day (bbl/d).
Sinopec has announced the start of constructing a refinery and a petrochemical complex in cooperation with Aramco in Southeast China’s Fujian province.
Saipem has been awarded an Engineering, Procurement, Construction, and Installation (EPCI) contract by TotalEnergies’ Subsidiary in Suriname for subsea development of the GranMorgu project, located in Block 58 oi ...
TechnipFMC secured an integrated Engineering, Procurement, Construction, and Installation (iEPCI™) contract for BP’s greenfield Kaskida development in the Gulf of Mexico. The scope of work covers the design and ma ...
Iran will use $100 million in foreign direct investments (FDI) to build a liquefied petroleum gas (LPG) export terminal, according to the CEO of the National Iranian Oil Company (NIOC) Mohsen Khojastehmehr.
Schlumberger, a U.S. engineering company, and Aker Solutions (AKSOA.OL), a Norwegian company, intend to combine their underwater oil and gas construction businesses and add Subsea 7, an Oslo-listed competitor, as ...
China Petroleum & Chemical Corporation (Sinopec) announced the completion of China's first megaton carbon capture, utilization and storage (CCUS) project, the Qilu-Shengli Oilfield CCUS.
Iran announced the commencement of building the project of Mahtab Parsian Petrochemical Plant which is implemented by Petrofarhang Petrochemical Holding Company.
Brooge Energy announced that its wholly owned subsidiary, Brooge Petroleum and Gas Investment Company (BPGIC) has signed a refinery agreement with an oil trading company for a 25,000 barrels per day (b/d) modular ...
