Page 3 - Precision Strip News Today

An explosion occurred in the Tengiz oil fields during a testing process; two people have been reported dead and three injured

Targa Resources has signed a $3.55bn deal to acquire natural gas processor Lucid Energy Group to boost its presence in the Permian Basin.

Petrobras has decided to terminate the sale process of its four concessions located in deep waters in the Sergipe-Alagoas basin.

China’s energy companies are in joint discussions to acquire Shell’s stake in a gas export project in Russia, reported Bloomberg News.

The Abu Dhabi sovereign wealth fund owns assets worth $3bn in Russia, which represents less than 1% of its portfolio.

Norway is looking to boost gas supplies to offset rising prices, as sanctions against Russian energy commodities come into effect.

Technip was accepted back into the bidding process for a PMC contract with Kuwait Oil Company, something that has proven controversial.

Domestic industry is confronted with surging imports from China and Indonesia that witnessed an exponential jump.

ANDERSON — There were lots of smiles on the faces of numerous children that took part in the annual Cops & Kids event.