Abu Dhabi National Oil Co. has signed a memorandum of understanding with Saudi Aramco and a consortium of public-sector refining firms Indian Oil Corp., Bharat Petroleum, and Hindustan Petroleum Corp. to jointly develop and build Ratnagiri Refinery & Petrochemicals’ proposed grassroots 60 million-tonne/year integrated refining and petrochemical complex at Ratnagiri in Maharashtra state on India’s […]

Executive and senior leadership changes have been made to Dallas-based EnLink Midstream. Source: News

The US Army Corps of Engineers Alaska District released the final SEIS for the proposed Alaska Stand Alone Pipeline project. The June 22 action signaled that the proposed 733-mile gas pipeline from the Alaska North Slope to south-central Alaska completed its National Environmental Policy Act review, and a record of decision will be issued 30 […]

Chevron Australia has let contracts to Baker Hughes to supply subsea production equipment under a 15-year master service order with a second contract for well completion equipment for a second development phase within the Greater Gorgon area offshore Australia, helping to maintain gas supply to the downstream LNG plant.  Source: News

Light, sweet crude oil prices for August escalated by more than $3/bbl on the New York market June 22 after OPEC announced its members agreed to roll back overcompliance with production-cut targets established in November 2016. Source: News