SOCAR already owns the Petkim petrochemical complex and the STAR oil refinery in Turkey, and the acquisition further expands the company's footprint in the country's energy sector.
The ministry reported that 4,000 MW–4,500 MW of power have been lost from the electrical system as a result of the halt to Iranian gas supplies.
This would mark the Southeast Asian nation's return to the LNG import market, after shipments were halted amid the civil war.
Russia has re-routed most of its oil to India and China since the start of the war in Ukraine in 2022 as Moscow and Europe - once its main commodity export market and source of revenue - severed ties.
Baker Hughes announced that it received a Full Notice To Proceed from Technip Energies on behalf of Commonwealth LNG to ...
CO2 pipelines are an increasingly important part of the nation’s pipeline infrastructure as companies explore new systems and consider repurposing existing assets to transport CO2 for long-term ...
U.S. natural gas futures climbed about 2% on Friday on near-record gas flows to liquefied natural gas (LNG) export plants. That price increase came despite forecasts for milder weather and lower ...
Western Australia has an existing policy requiring LNG exporters there to keep 15% of volumes for domestic supply.
The Kunpeng arrived at the Portovaya LNG terminal, was unloaded on December 18 and departed with a cargo on December 21, according to ship-tracking data from analytics firm Kpler. LSEG data also shows ...
Valmet has entered into an agreement to acquire Severn Group (Severn), a well-established industrial valve company, from Bluewater, a UK-based private equity firm. The acquisition covers all three ...
Energy Transfer LP announced that it is suspending development of the Lake Charles LNG project in order to focus on allocating capital to its significant backlog of natural gas pipeline infrastructure ...
MISTRAS Group, Inc. announced that Bechtel has selected the company to deliver Non-Destructive Testing (NDT) services for the Woodside Louisiana LNG terminal, a multibillion-dollar LNG production and ...
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