Strong demand for cleaner-burning fuel in Asia continued to drive rapid growth in liquefied natural gas (LNG) use in 2018, with global demand rising by 27 million tonnes to 319 million tonnes, according to Shell’s latest annual LNG Outlook. Shell expects demand to reach about 384 million tonnes in 2020.

The global demand for oil refining pumps is expected to surpass 3 million tons by 2019 end, according to a latest Fact.MR report on oil refining pumps market. Rising oil and gas production, and increase in petroleum-based power generation are driving oil refining pumps demand. The demand for centrifugal pumps is constantly rising

R. Abdullayev: “By the end of the year, foreign oil and gas companies staff in Azerbaijan will be 90% nationalized” A meeting dedicated to the 5th anniversary of the Staff Nationalization Program in the oil and gas industry of Azerbaijan took place on December 5, 2018. Rovnag Abdullayev, President of

A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Seung-Il Cheong, President and Chief Executive Officer of KOGAS, took place today at the 4th Eastern Economic Forum in Vladivostok. Alexey Miller Enlarged photo (JPG, 1 MB) The parties discussed the state of and the prospects for wider cooperation between the companies. Special attention was paid

Company is evaluating a multibillion-dollar investment in Guangdong Province Project would help meet expected chemical demand growth in China Part of company’s plans to grow manufacturing capacity in the U.S. and Asia Pacific ExxonMobil said today that it has signed a cooperation framework agreement with the Guangdong Provincial People’s Government to

Texo Group is pleased to announce the acquisition of Aberdeen-based, Orca Subsea to form Texo Marine. The engineering and technology group, which announced its launch last month is rolling out an ambitious and transformative strategy to meet the immediate and long-term strategic value-add needs of their clients. Texo Marine will

Cygnus has become the first ever offshore platform to be accessible via Google Streetview, giving a unique insight into life in the oil and gas industry. Cygnus, the largest single producing gas field in the southern North Sea, is now available for a virtual tour. You can also go behind

PETRONAS through its subsidiary PC Senegal Ltd, recently signed a Farm-in Agreement with TOTAL E&P Senegal SAS, a subsidiary of TOTAL, to acquire a 30% participating interest in the Rufisque Offshore Profond block, marking its entry into Senegal. TOTAL will maintain operatorship with 60% equity alongside Société Nationale des Pétroles

Total announces that the first shipment of Liquefied Natural Gas (LNG) from the second train of the Yamal LNG project in Northern Russia is ready to leave Sabetta. This train adds an additional 5.5 million tons per year of LNG capacity to the facility, bringing the total capacity in operation

During the International Far Eastern Maritime Show, Zvezda Shipbuilding Complex and Uralmashplant signed a supply agreement for two overhead cranes with a lifting capacity of 320 tonnes each. The document was inked by Managing Director of Zvezda Sergey Tseluyko and First Deputy of Chief Executive Officer of UZTM-KARTEX Managing Company, which