India approves the sale of a $4.6B stake in refiner Hindustan Petroleum Corp. to the country’s biggest oil and gas explorer, according to a person with knowledge.
Source: Offshore
India Approves Creation of State Oil Giant in .6 Billion Deal
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House Majority Leader Kevin McCarthy said there’s a consensus among lawmakers to change legislation on Russian sanctions so that US companies won’t be blocked from lucrative foreign oil deals.
Source: Offshore
House GOP Leader Says Energy Tweak Near in Sanctions Bill
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The Texas-based refiner that will soon be called Andeavor will supply fuels in Mexico’s Sonora and Baja California states.
Source: Offshore
Tesoro Signs Deal with Pemex to Enter Mexico
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Oil prices jumped almost 2% to a six-week high on Wednesday.
Source: Offshore
Oil Jumps To 6-Week High On Surprisingly Big US Inventory Draws
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Qatar Gas Transport Company and Norwegian shipping business Hoegh LNG have embarked on a joint project to open new markets for Qatar.
Source: Offshore
Qatar Seeks To Open New LNG Markets With Floating Terminals
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Kim Fausing took over as the new president and CEO of Danfoss, with effect from 1 July 2017, and said that he will continue the Danfoss strategy, focusing on growth and digitalisation of the company
Source: African Review
Kim Fausing takes over as Danfoss CEO
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Oil prices rose slightly on Tuesday as Saudi exports fell and solid demand soaked up some of what is seen as an oversupplied market.
Source: Offshore
Oil Rises on Strong Demand, Falling Saudi Exports
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The only LNG terminal in southern India reportedly is operating at about 10 percent of its 5 million-ton-a-year capacity.
Source: Offshore
Petronet Eyes 2019 Rescue for Nearly Idle 0 Million LNG Plant
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BP is considering spinning off certain US pipeline assets in the US Gulf and Midwest in an initial public offering, the company said Tuesday.
Source: Offshore
BP Says It Is Considering IPO of US Pipeline Assets
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The investment is the largest specific project announcement since March in Vaca Muerta, one of the world’s largest shale formations.
Source: Offshore
Total, BP Unit, YPF Boost Investment in Argentina's Vaca Muerta
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