Feb 28, 2022
bp exits Rosneft shareholding as war in Ukraine rages
Oil and Gas News
Feb 28, 2022
Pipelines
Russia has targeted fuel facilities in Ukraine as fighting in the country intensified.
Huge explosions have lit up the sky in the capital Kyiv and an oil depot near an airbase in Vasylkiv, near Kyiv, was targeted by Russian forces.
It has also been reported that Russian forces blew up a gas pipeline in Kharkiv, the country’s second-largest city.
President Vladimir... [Read More]
Oil and Gas News
Feb 28, 2022
Pipelines
Chevron has made a new investment in Carbon Clean.
Carbon Clean’s technology is designed to reduce the costs and physical footprint required for carbon capture.
The company’s technology and fully modular construction also aims to reduce site disruption and facilitate faster permitting.
“We look forward to partnering with Carbon Clean to help advance Chevron’s... [Read More]
Oil and Gas News
Feb 25, 2022
Pipelines
Worley, ABB and IBM have signed a memorandum of understanding to collaborate on helping energy companies build and operate green hydrogen facilities more efficiently and at scale.
The planned collaboration aims to develop an integrated, digitally enabled solution for facility owners to build green hydrogen assets more quickly, cheaply, and safely, and operate them more... [Read More]
Oil and Gas News
Feb 23, 2022
Pipelines
Nord Stream 2 halted as Ukraine crisis deepens and war looms
The controversial Nord Stream 2 pipeline project has been halted after Russia’s incursion into Ukraine.
The undersea pipeline, which was to transport natural gas directly from Russia to northern Germany, is owned by a subsidiary of Russia’s state-owned Gazprom.
In a statement the German government said:... [Read More]
Oil and Gas News
Feb 23, 2022
Pumps
Atlas Copco has agreed to acquire Pumpenfabrik Wangen, a German manufacturer of progressive cavity pumps used for transferring fluids mainly in the biogas and wastewater sectors.
The company also manufactures twin-screw pumps used in sectors like food and beverage and cosmetics.
Pumpenfabrik Wangen is based in Wangen, Germany and has manufacturing facilities in the... [Read More]
Oil and Gas News
Feb 23, 2022
Pipelines
Oil giant Saudi Aramco is in talks with partners in China about further investments in the country, according to CEO Amin Nasser.
The company aims to allocate more capital for investments, including to boost maximum sustained capacity and gas supply.
"China is an important part of Aramco's base," Nasser said.
"We are currently in discussions with a number of our partners... [Read More]
Oil and Gas News
Feb 21, 2022
Pipelines
EnerMech has secured over $100 million (€88 million) of pre-commissioning and new pipeline contract awards.
This follows a $30 million (€26 million) equipment investment programme across the Scotland-based firm’s global locations to support its continued growth in these sectors.
This targeted investment represents a significant expansion to its specialist equipment... [Read More]
Oil and Gas News
Feb 21, 2022
Pipelines
The global trade in liquefied natural gas (LNG) increased 6% to 380 million tonnes during 2021 as many countries rebounded from the economic impact of the Covid pandemic, according to Shell’s latest annual LNG Outlook published.
Rising LNG demand, combined with supply constraints, caused gas and LNG prices to remain volatile throughout the year.
Prices reached record... [Read More]
Oil and Gas News
Feb 21, 2022
Valves
BCCK Holding Company (BCCK) has partnered with Kaizen Clean Energy (KCE), a leading developer of hydrogen and “energy as a service” solutions, to develop pre-engineered solutions for hydrogen fuelling and power generation.
Under this agreement, BCCK, an engineering, procurement, fabrication, and field construction service firm, will design and manufacture methanol... [Read More]
Oil and Gas News
Feb 18, 2022
Pumps
Yorkshire Water’s new £50 million (€59 million) recycling facility has installed a digester mixing system by Landia.
By using this mixing system, the Huddersfield Energy and Recycling Facility ensures that total gas production can reach its anticipated 22,192 normal cubic metres (Nm3) per day. Two CHP engines produce peak electrical output of 2,390 kWh and a thermal... [Read More]
Oil and Gas News
Feb 17, 2022
Pipelines
Linde has signed an agreement to supply high-purity industrial gases to a leading semiconductor manufacturer in Singapore.
Linde will build, own and operate a state-of-the-art SPECTRA generator to produce ultra-high-purity nitrogen and oxygen for the customer's new multi-billion-dollar semiconductor fabrication plant.
The new SPECTRA plant is expected to start up in... [Read More]
Oil and Gas News
Feb 15, 2022
Valves
Honeywell has revealed a portfolio of solutions and services to help end users harness hydrogen as an alternative fuel in industrial and commercial thermal processes.
Honeywell’s end-to-end offering comes at a time when many firms are seeking to enact or tighten programmes that decrease their greenhouse gas emissions.
Honeywell has developed and tested a large portfolio... [Read More]
Oil and Gas News
Feb 14, 2022
Pipelines
Phillips 66 and H2 Energy Europe have announced their commitment to develop up to 250 retail hydrogen refuelling stations across Germany, Austria and Denmark by 2026.
Phillips 66 has a strong retail presence with more than 1,000 JET®-branded stations in Europe and a growing hydrogen refuelling network in Switzerland through its participation in the Coop Mineraloel AG... [Read More]
Oil and Gas News
Feb 9, 2022
Pumps
Essar Oil UK, a leading UK-focused downstream energy company, has announced plans to install a new £45 million (€53 million) furnace at Stanlow that’s capable of using hydrogen as its fuel source - a UK first.
This marks another significant milestone in Essar’s continued commitment to becoming the UK’s first low carbon refinery. It follows the launch of Vertex... [Read More]
Oil and Gas News
Feb 8, 2022
Valves
AUMA’s electric actuation technology is helping to boost green energy in Taiwan.
A total of 40 AUMA actuators have been installed at Qingshui - Taiwan’s first new-generation geothermal power plant.
Qingshui power plant is located in northern Taiwan in the geothermally very active Yilan area.
Water is extracted at a temperature of 180 °C from a depth from 1,200... [Read More]
Oil and Gas News
Feb 8, 2022
Other
Oil giant bp has reported its highest profit for eight years.
bp posted a profit of $12.8bn (€11.2 billion) for 2021, as the oil and gas company reported an update on its strategic transformation.
BP chief executive Bernard Looney said: " “Over the past two years we have set a new purpose, direction and strategy for bp, and completed the largest re-organisation in... [Read More]
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