Tagged Refining

Iranian LNG export project gathers momentum

Rate this article By LNG World News National Iranian Oil Company said it has signed a deal with the Oslo-based IFLNG for the production of liquefied natural gas (LNG) in Iran. According to the deal signed between NIOC and IFLNG, a joint venture set up by Hemla Vantage and Kharg Gas Refining Company, the two…

Chart completes $410m acquisition of heat exchangers specialist

Rate this article By LNG World News US-based LNG equipment provider Chart Industries completed the previously announced acquisition of the heat transfer solutions company, Hudson Products, for $410 million. Hadson was majority-owned by funds managed by Riverstone Holdings. Hudson’s brands and products are used in refining, petrochemical, natural gas, power, and other industrial and commercial…

Eni and CNPC ink oil and gas cooperation deal

Rate this article By _Offshore_Energy_Today_ Chinese state-owned China National Petroleum Corporation (CNPC) and Italian oil giant Eni signed a cooperation agreement on Wednesday, September 13. According to a statement by the Italian oil company, the agreement covers cooperation in oil & gas exploration and production, gas and LNG value chain opportunities, trading and logistics opportunities,…

CNPC and Eni sign LNG cooperation deal

Rate this article By LNG World News Image courtesy of EniChina National Petroleum Corporation (CNPC) and Italy’s Eni on Wednesday signed a cooperation agreement that includes assessing opportunities in the gas and LNG value chain. The duo also agreed to cooperate in oil & gas exploration and production, trading and logistics opportunities, refining and petrochemicals….

Watson to relinquish Chevron CEO position

Rate this article By LNG World News Image courtesy of ChevronJohn Watson, the chief executive offices of Chevron is reportedly set to step down by the end of September, with vice chairman Mike Wirth the likely replacement. The appointment mimics the move done by ExxonMobil earlier in the year when Darren Woods has been appointed…

ExxonMobil profit doubles in second quarter

Rate this article By Offshore Energy Today.. U.S. oil giant ExxonMobil doubled its profit during this year’s second quarter as oil and gas realizations increased and refining margins improved. ExxonMobil on Friday posted earnings of $3.4 billion for the second quarter 2017, compared with $1.7 billion a year earlier. Revenues for the second quarter 2017…

AG&P launches United States unit to grow LNG business

Rate this article By LNG World News Atlantic, Gulf and Pacific Company launched AG&P Engineering in Houston, Texas as it aims to develop supply chain solutions and expand in the growing LNG industry. AG&P Engineering is launched to develop LNG infrastructure assets to serve the needs of power, bunkering, mining, transportation and industrial users in…