Latest Stories

The NDDC caper

12 August 2019

Gas flexibility coming to Ghana

12 August 2019

Gas can now be moved both ways on a section of the WAGP in Ghana, allowing increased use of its domestic gas resources

Occidental sells $13bn of bonds to fund Anadarko acquisition

8 August 2019

Occidental Petroleum has sold $13bn of bonds to help finance its $38bn acquisition of Anadarko Petroleum.

Chevron’s profit up, ExxonMobil’s down in second quarter

8 August 2019

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 completes Cactus II as new partners buy into project

8 August 2019

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.

Turkey’s Tupras reports 15% y/y decline in Q2 profit

8 August 2019

Q2 profit significantly above market average expectation mainly thanks to hefty deferred tax gain recorded by oil refiner.

Canadian pipeline operators add capacity for more crude to reach US refiners

8 August 2019

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.