Saudi Aramco’s Huajin Aramco Petrochemical Company (HAPCO) joint venture in Panjin, northeast China, has received its first cargo of Saudi crude ahead of start-up. The refinery has a processing ...
OPEC forecasts a significant increase in global oil demand, projecting growth of 2.6 million barrels per day (bpd) in 2027, following a modest rise of just 200,000 bpd in 2026. This increase will ...
TC Energy has completed an investment agreement granting five First Nations communities in British Columbia, Canada, an economic interest in its Coastal GasLink (CGL) pipeline through the ...
PetroChina, Asia’s largest oil and gas producer, officially launched PetroChina Specialty Fuels and Materials Co in Beijing on Monday to expand its marketing of higher-value petroleum products. The ...
BP expects to record $3 billion–$4.5 billion in post-tax impairment charges in Q3 2026, mainly affecting its gas and low-carbon energy assets. However, stronger refining margins are expected to boost ...
Taiwan has committed to invest up to $4.4 billion in the Alaska LNG project, agreeing to purchase 30% of its output for 20 years, as announced by President Trump during a rally in Alaska on October 14 ...
Nigeria’s Dangote Petroleum Refinery reported a net profit of $4.73 billion for the first nine months of 2026, a turnaround from a $117.2 million loss in the same period last year. Revenue surged to ...
Shougang LanzaTech has signed a cooperation agreement with Sinopec Research Institute of Petroleum Processing and Sinopec Ningbo Engineering to advance a 50,000-tonne-per-year industrial ...
Technip Energies has secured an engineering, procurement, and construction (EPC) contract from Hindustan Petroleum Corporation (HPCL) for a refinery upgrade at its Mumbai facility, Maharashtra. The ...
Saudi Arabia plans to expand the capacity of its East-West oil pipeline, known as Petroline, from 5.8 million barrels per day (bpd) to 10 million bpd within two to three years, as announced by Energy ...
The Port of Galveston’s Wharves Board of Trustees unanimously approved a lease and development agreement with Power LNG Ventures for Project Seawolf, a proposed $240 million LNG production and ...
Vopak and Vattenfall have signed a tolling agreement covering part of a planned large-scale battery energy storage system (BESS) near Meeden in the Netherlands, marking a further step in the ...
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