Gas can now be moved both ways on a section of the WAGP in Ghana, allowing increased use of its domestic gas resources
Russia’s Industry and Trade Ministry rejects Siemens’s application for a special investment contract
Occidental Petroleum has sold $13bn of bonds to help finance its $38bn acquisition of Anadarko Petroleum.
Chevron has reported strong profits for the second quarter of 2019, while rival super-major ExxonMobil reported a year-on-year drop owing to low weaker natural gas prices and higher maintenance costs.
Plains All American Pipeline has completed its Cactus II pipeline from the Permian Basin in West Texas to the Corpus Christi area on the Texas Gulf Coast.
Q2 profit significantly above market average expectation mainly thanks to hefty deferred tax gain recorded by oil refiner.
Pipeline operators are finding ways of sending more Canadian oil to US refiners, despite the fact that no major new pipelines are coming online, and any proposals tend to be held up by regulatory delays and litigation.