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UK seeks feedback on industrial strategy

THE UK government is asking for feedback on a new industrial strategy, Invest 2035, focused on attracting investment in eight priority sectors where it sees the largest potential for growth.

Type: News

Murray Energy files for bankruptcy

MURRAY Energy, the largest private coal miner in the US, has filed for bankruptcy as utilities continue to choose natural gas and renewable power over coal.

Type: News

German wind turbine manufacturer develops 500 kW green hydrogen electrolyser prototype

GERMAN manufacturer Nordex Group is advancing green hydrogen production in Spain with the development of a 500 kW pressurised alkaline electrolyser, the largest ever to be manufactured in the country.

Type: News

Shell and Equinor combine UK North Sea assets

OIL AND GAS giants Shell and Equinor will combine their offshore assets in the UK North Sea to create what they expect will be “the largest independent oil and gas company” in the region.

Type: News

INEOS to acquire US titanium dioxide business

INEOS has signed an agreement to acquire titanium dioxide (TiO2) business Cristal from Tronox for US$700m.

Type: News

Total buys Engie upstream LNG for US$1.49bn

TOTAL has bought Engie’s upstream liquefied natural gas assets for US$1.49bn.

Type: News

Unilever sells spreads business to KKR for €6.8bn

UNILEVER has sold its spreads business, including margarine brands such as Flora, Becel and ProActiv, to US investment firm KKR for €6.825bn (US$8.1bn).

Type: News

Shell and CNOOC expand petrochemicals complex in China

SHELL, CNOOC, and the Huizhou Government have announced a cooperation agreement to expand their petrochemical complex in China.

Type: News

Linde to invest US$1.4bn in Exxon Singapore supply deal

LINDE is investing US$1.4bn to expand its gasification complex at Jurong Island in Singapore as part of a gas supply deal with ExxonMobil.

Type: News

Linde to build 24 MW electrolyser for green hydrogen

LINDE has announced that it will build a new 24 MW electrolyser for the production of green hydrogen at the Leuna Chemical Complex in Germany.

Type: News

Shell shows scale of work underway at Geismar expansion

SHELL has released photos showing its progress building the world’s largest alpha olefins production site, which is on track to start up later this year.

Type: News

Gorgon CCS plant starts up after two-year delay

CHEVRON’S US$54bn Gorgon LNG project has started operation of one of the world’s largest carbon capture facilities, though it comes more than two years later than planned.

Type: News

In Orbit

Astronaut Donald Pettit talks to Adam Duckett about his life and work

Type: Feature

OGA Chairman calls on industry to do more for the energy transition

TIM Eggar, Chairman of the UK’s Oil and Gas Authority (OGA), has said the industry’s “social licence to operate is under serious threat and there is no scope for a second chance”. He called on the sector to do more to help solve climate change challenges and to drive net zero.

Type: News

Partnership to produce Pfizer-BioNTech vaccine in South Africa

PFIZER and BioNTech have signed a letter of intent with South African biopharmaceutical company Biovac to produce the Pfizer-BioNTech Covid-19 vaccine in Cape Town.

Type: News

Sabic invests £850m in UK cracker restart and conversion

SABIC is investing £850m (US$1.16bn) to restart its hydrocarbon cracker in Wilton, Teesside, UK, and convert it to run on hydrogen.

Type: News

UK scrutinises Chinese acquisition of 'prized' semiconductor producer

THE UK Government is conducting a full national security assessment of a Chinese-owned subsidiary’s acquisition of the UK’s largest semiconductor manufacturer, considered a “prized” asset.

Type: News

US unveils up to US$3.5bn funding to expand domestic battery manufacturing

THE White House has announced up to US$3.5bn in funding to strengthen domestic battery manufacturing as part of President Biden’s Investing in America agenda.

Type: News

Veolia announces its first UK battery recycling plant

VEOLIA is building its first electric vehicle battery recycling facility in the UK, with the capacity to process 20% of used batteries by 2024.

Type: News

Anadarko agrees to review Occidental’s hostile bid

CHEVRON’S agreed merger with Anadarko Petroleum looks under threat after the US independent said it will resume negotiations with Occidental Petroleum, which lodged a hostile US$57bn bid last week.

Type: News

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