Aker Solutions officially opens its upgraded Aberdeen services facility after spending $11 million on the site.
Royal Dutch Shell PLC has signed an agreement to sell its downstream business in Argentina—including the 100,000-b/d Buenos Aires refinery—to Raizen Group, Sao Paulo, for $950 million in cash proceeds.
Saskatchewan’s government has joined Alberta in implicitly threatening to restrict energy movement to British Columbia, raising stakes in a dispute over expansion of the Trans Mountain pipeline system.
BP and SOCAR sign a new production sharing agreement for the joint exploration and development of Block D230.
The Health and Safety Executive has written to offshore oil and gas production operators regarding gas releases in the North Sea.
In another sign of deterioration of Venezuela’s oil and natural gas industry, Halliburton Co. is writing down its remaining investment in the economically distressed member of the Organization of Petroleum Exporting Countries.
TransCanada capitalizes on higher demand for Canadian heavy oil at US refineries.
Oil prices rose on markets in New York and London Apr. 25 amid expectations of possible new US sanctions against Iran, declining Venezuela oil production, and robust world oil demand, particularly in Asia.
EM&I Group wins its second Royal Society for the Prevention of Accidents (ROSPA) President’s Award.
Oil and gas companies’ digital and IoT systems can succumb to an ongoing threat.