Energy Update
The Cameroon government is planning to raise $1.5bn from lenders to invest in the state-owned Sonara oil refinery and fund other development projects.
Consumer Watchdog today sent a letter to California Attorney General Kamala Harris and Robert Weisenmiller, Chair of the California Energy Commission, asking that they investigate Tesoro’s decision to shut down its Martinez refinery indefinitely as steelworkers mount a national strike.
India's Mangalore Refinery and Petrochemicals (MRPL) will acquire 43% stake in ONGC Mangalore Petrochemicals (OMPL), for an undisclosed amount.
Saudi Kayan reached an agreement with the Ministry of Petroleum and Mineral Resources and SABIC on Feb 5, to enhance the company’s business and financial performance.
Jacobs Engineering Group has been awarded a contract by BP Gelsenkirchen for concept engineering services to upgrade a hydrotreater unit at its refinery facilities in Gelsenkirchen, Germany.
Thailand’s state-owned energy firm PTT's board members have approved the sale of 15% interest in oil refiner Bangchak Petroleum to a state investment fund Vayupak.
EnLink Midstream Partners and EnLink Midstream (together EnLink) have signed an agreement to purchase Coronado Midstream for about $600m.
Genoil (GNOLF) is pleased to announce it has signed a more comprehensive joint venture contract with Hebei Zhongjie Petrochemical Group (HYT) for the establishment of a limited liability company, including a Genoil technology license agreement and trademark licenses.
Oil company Shell is planning to begin decommissioning the platforms in the Brent oil field located in the UK’s North Sea.
Platts senior editor Mayumi Watanabe discusses market expectations for the second quarter and the factors affecting aluminum prices.
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