Recovery seems to be gathering momentum in global oil and gas markets, driven more by improved production practices and technology than by gradually rising prices, speakers said during a Feb. 16 discussion at the Center for Strategic and International Studies. Source: News

Dongguan Grand Resource Science & Technology Co. Ltd. (DGRST) has let a joint contract to CB&I, Houston, and Clariant International Ltd., Muttenz, Switzerland, to provide licensing and engineering design for a grassroots propane dehydrogenation (PDH) unit to be built in Dongguan City, Guandong Province, China. Source: News

ExxonMobil Corp. has approved a project to expand production of high-quality lubricant base stocks at affiliate ExxonMobil Asia Pacific Pte. Ltd.’s 592,000-b/d integrated, two-site refining complex on mainland Jurong and Pulau Ayer Chawan, Jurong Island, offshore southwestern Singapore. Source: News

A Chinese manufacturer involved with PJSC Gazprom’s Bovanenkova natural gas-condensate field on the Yamal peninsula in northern Russia has delivered an LNG gas-processing plant, which has a capacity of 30 billion cu m/year. Source: News

The Alberta Energy Regulator has suspended licenses of Lexin Resources Ltd., a natural gas producer and processor based in Calgary, citing concerns that include the company’s handling of sour gas. Source: News

The government of India has awarded 31 contracts in an offering of revenue-sharing licenses designed to stimulate development of small discoveries. Source: News