BHP sanctions $696m funding for the Atlantis Phase 3 project
Oil and gas industry news : BHP has approved $696 million funding for the Atlantis Phase 3 project, an offshore oil project in the US ... Read More
Fluor bags contract to build new Valvoline lubricants facility in China
Fluor has bagged an engineering, procurement, and construction management (EPCM) contract for a new Valvoline lubricants facility in China. The new blending and packaging facility ... Read More
Seaborne Airlines begins San Juan to Santiago flight service
Puerto Rico-based Seaborne Airlines has made a comeback in the Dominican Republic by introducing its San Juan to Santiago flight service. The Caribbean airliner has ... Read More
Canada-based Encana wraps up $7.7bn acquisition of Newfield Exploration
Encana acquisition of Newfield : Encana Corporation has successfully completed the acquisition of US oil and gas company Newfield Exploration for $7.7 billion as per ... Read More
ADNOC awards Abu Dhabi Onshore Block 3 rights to Occidental Petroleum
US oil and gas company Occidental Petroleum has been granted exploration rights to Abu Dhabi’s Onshore Block 3 from the Abu Dhabi National Oil Company ... Read More
P-67 FPSO begins production from Lula North project in Santos Basin
Upstream industry news : Petrobras and its partners Royal Dutch Shell and Galp have started production from the Lula North project in the Santos Basin ... Read More
First Infrastructure to take controlling stake in Agua Blanca pipeline
First Infrastructure Capital Advisors has signed two separate deals to acquire 80% stake in the Agua Blanca pipeline, a natural gas residue pipeline in Texas ... Read More
Ontario govt okays NextBridge’s East-West Tie Transmission Line Project
The Ontario government has designated NextBridge Infrastructure as the licensed transmitter to take up the East-West Tie Transmission Line Project in the Canadian state. In ... Read More
GE, Sumitomo to develop 1.8GW power plant in Sharjah, UAE
A consortium made up of GE, Sumitomo, Shikoku Electric Power and Sharjah Asset Management (SAM) have signed an agreement to develop, build and operate what ... Read More
US bank holding companies Chemical Financial and TCF sign $3.6bn merger
Banking acquisition news : Chemical Financial, the Michigan-based bank holding company which owns the Chemical Bank has signed an all-stock deal worth $3.6 billion to ... Read More