May 3, 2023
Air Products outlines plan for new hydrogen facility
Oil and Gas News
May 2, 2023
Other
Oil and gas major bp has reported another set of strong results as energy prices remain high.
Profits hit $5 billion (€4.55 billion) in the first three months of this year, the BBC reported, although this was down from $6.2 billion (€5.6 billion) last year with oil prices having fallen from the peak seen after Russia's invasion of Ukraine.
BP reported record annual... [Read More]
Oil and Gas News
Apr 28, 2023
Level Monitors
TÜV SÜD National Engineering Laboratory has secured £950,000 (€1.07 million) from Horizon Europe, the EU’s key funding programme for research and innovation, to build the world’s first national standard liquid/dense phase CO2 calibration facility.
The new facility will support EU targets to reduce greenhouse gas emissions by 55% by 2030 and achieve net zero... [Read More]
Oil and Gas News
Apr 27, 2023
Other
UK-based Envorem has developed its new Greentech technology that uses a little-known property of water to rapidly and inexpensively process oil production sludges.
This technology, developed with assistance from the University of Brighton, uses very little energy to disassemble sludges, clean the solids and recover the entrained oil for recycling - all without using... [Read More]
Oil and Gas News
Apr 27, 2023
Pipelines
INEOS Olefins & Polymer Europe has signed a renewable power agreement with Skagerak Energitjenester to provide 100% green energy to its Rafnes and Bamble plants in Norway.
Combined with the recently announced INEOS Inovyn deal in Norway, all of INEOS’s assets in the region are now supplied with 100% green power generated from hydroelectric production.
The Rafnes cracker... [Read More]
Oil and Gas News
Apr 26, 2023
Pipelines
Dow has selected Linde as its industrial gas partner for the supply of clean hydrogen and nitrogen for its proposed net-zero carbon emissions integrated ethylene cracker in Canada. Final investment decisions for both the Dow and Linde projects in Fort Saskatchewan, Alberta, are subject to approval.
Final investment decisions are expected in fourth quarter this year for... [Read More]
Oil and Gas News
Apr 17, 2023
Pumps
Pump specialist Svanehøj continues to expand its service solution business with its third company acquisition in just over two years.
This time the pump specialist is taking over California-based Complete Cryogenic Services (CCS), which focuses on submerged pumps on.
The Danish marine pump and gas tank equipment specialist has acquired CCS based in Tustin, California,... [Read More]
Oil and Gas News
Apr 17, 2023
Pipelines
The Biden administration has approved exports of liquefied natural gas from an Alaskan LNG project.
The Department of Energy approved Alaska Gasline Development Corp's (AGDC) exports of LNG from the project to countries with which the United States does not have a free trade agreement, Reuters reported.
Alaska LNG includes a liquefaction facility on the Kenai Peninsula... [Read More]
Oil and Gas News
Apr 14, 2023
Pipelines
Malaysian oil company Petroliam Nasional aims to restart a gas pipeline by the first quarter of next year.
Petronas declared a force majeure on gas supply to Malaysia LNG Dua due to a pipeline leak caused by soil movement at its Sabah-Sarawak Gas Pipeline, Reuters reported.
The company aims to complete an investigation into the gas supply disruption by the middle of... [Read More]
Oil and Gas News
Apr 14, 2023
Pipelines
Kazakhstan has recently proposed the building of a new international gas pipeline to Russia that would run through Kazakhstani territory and connect to China.
The new pipeline project has emerged as a vital need in delivering natural gas resources to Kazakhstan’s eastern regions.
The final decision on the project is set to be made by May 1, media reports suggest.
The... [Read More]
Oil and Gas News
Apr 12, 2023
Pipelines
Flowserve Corporation and Hydrogen Optimised, a developer and manufacturer of large-scale green hydrogen production systems, have entered into a memorandum of understanding (MOU) to advance hydrogen production with innovative technologies and applications.
Hydrogen Optimized’s patented RuggedCellTM water electrolysers are designed to achieve the lowest levelised cost... [Read More]
Oil and Gas News
Apr 11, 2023
Pipelines
Exxon Mobil low carbon business has the potential to generate hundreds of billions of dollars in revenue and outperform the company's traditional oil and gas as soon as a decade from now.
The largest US oil producer’s CEO Darren Woods laid out to investors the aims of its emerging energy transition strategy in a meeting with Wall Street, Reuters reported.
Exxon is... [Read More]
Oil and Gas News
Apr 4, 2023
Pipelines
The European Commission has granted Italy the go ahead to set up a €450 million project to support integrated hydrogen and renewable energy production in brownfield sites.
The measure, financed under the Italian National Recovery and Resilience Plan (NRP), is also aimed at fostering Italy’s transition to a zero-emissions economy, Euractiv reported.
“This €450... [Read More]
Oil and Gas News
Apr 4, 2023
Other
Clariant has completed the divestment of its North American Land Oil business to Dorf Ketal, a speciality chemicals manufacturer and service provider headquartered in India, for $14.5 million (€13.2 million) on 31 March.
Clariant’s North America business is a provider of chemical technologies and services to the oil and gas industry and generated sales of $115 million... [Read More]
Oil and Gas News
Mar 30, 2023
Other
Ovo Energy is planning a takeover of Shell’s UK gas and electricity business - a move that would allow the British retail energy supplier to reclaim the number two spot in the British supply market.
Ovo is expected to propose an indicative offer for Shell Energy Retail (SERL) UK operation, the Sky News report added, citing sources. Shell Energy Retail has about 1.4... [Read More]
Oil and Gas News
Mar 28, 2023
Pipelines
ABB India has delivered integrated automation and control solutions to enable reliable operations of the 130-kilometer Indo-Bangla Friendship Pipeline, which will carry diesel from India to Bangladesh.
The cross-border pipeline was jointly inaugurated by Indian Prime Minister Narendra Modi and Bangladesh Prime Minister Sheikh Hasina on March 18. With a potential capacity... [Read More]
Oil and Gas News
Mar 27, 2023
Pipelines
A major incident was declared on March 27 after an oil leak from an onshore field in Dorset in the UK.
The UK Health Security Agency in the South West said members of the public should not swim in Poole Harbour or the surrounding area until further notice after 200 barrels of reservoir fluid - consisting of 85% water and 15% oil - leaked into the water.
The leak has... [Read More]
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