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Global Energy M&A Starting Strong as Operators Transform Oil, Gas Portfolios


Global Energy M&A Starting Strong as Operators Transform Oil, Gas Portfolios
Following a slump in dealmaking last year, the oil and gas industry is hitting the reset button in 2021, as operators are making deals with an eye to consolidate and reduce their carbon footprints.
Although the year is young, two recent analyses demonstrate the difference between the slumping activity last year and what may be at hand as this year moves forward.
Deloitte issued a lookback at 2020 activity and offered an upbeat forecast for 2021. Singapore-based Finbrook Pte Ltd. on Tuesday gave a vote of confidence for this year in its review of February activity, which showed dealmaking was on the rise through February in North America and beyond. ....

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China's Solid Gas Production to be Maintained | Hellenic Shipping News Worldwide


China’s Solid Gas Production to be Maintained
China’s gas sector exhibited strong performance in 2H20, with production surging by 15% yoy, and despite a slight tapering due to milder weather, medium-term growth should remain solid, says Fitch Ratings in its semi-annual China Oil & Gas Watch report.
The recovery in industrial activity following the coronavirus pandemic lockdowns and exceptionally cold winter triggered a gas-supply shortage in late 2020, with the strong demand leading to higher gas imports. National oil companies (NOC) took the lead in boosting gas production to meet the gap. However, last year’s gas-supply crunch was less severe than in 2017, as NOCs had moved some long-term contract deliveries to the winter. The presence of new liquefied natural gas terminals, storage facilities and pipelines also helped to boost supply. ....

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New dates announced! cippe2021 will be held on 8-10 June in Beijing


New dates announced! cippe2021 will be held on 8-10 June in Beijing
3rd March 2021
ANTARA/Business Wire
Beijing (Antara/Business Wire)- The 21st China International Petroleum and Petrochemical Technology and Equipment Exhibition (cippe2021), is rescheduled on 8-10 June, 2021 at New China International Exhibition Center, Beijing. As the world’s leading event for oil & gas and energy equipment, cippe2021 will be the world s first ultra-large-scale oil and gas exhibition to be held offline in the post-pandemic era.
Rescheduled Dates to Ensure Effectiveness of cippe2021
After communicating with the government, cippe2021, originally scheduled from 30 March to 1 April, has been postponed to 8-10 June, 2021 to ensure the health and safety of all attendees, and thus ensure the effectiveness of the exhibition. ....

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