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ExxonMobil and partners quit LNG project

Companies see Alaska project as unprofitable

Type: News

Takeda mulls bid for Shire

JAPAN’S Takeda Pharmaceutical has revealed it is considering a bid for Ireland’s Shire as it seeks to accelerate its push to become a leader in specialised medicines.

Type: News

KBR wins contract for Saudi Arabia’s crude-oil-to-chemicals complex

KBR has been named the second project management contractor for the design of Saudi Aramco and SABIC’s crude-oil-to-chemicals complex.

Type: News

20% power boost for NuScale’s small nuclear reactor

NuScale Power has announced that its small modular reactor (SMR) can generate 20% more power than originally planned.

Type: News

Potential closure of INEOS Seal Sands acrylonitrile plant

INEOS has announced that it is consulting with employees over the potential closure of its Seal Sands acrylonitrile plant in Cleveland, UK.

Type: News

BP cuts 10,000 jobs

BP has announced that it will cut 10,000 jobs by the end of the year due to the economic impact of Covid-19.

Type: News

Study predicts substantial job losses in oil and gas following price collapse

A STUDY examining prospects for activity in the UK Continental Shelf (UKCS) has projected a sharp decrease in medium- and long-term production from 2019–2050. The findings are consistent with substantial job losses and many undeveloped discoveries, said co-author Alex Kemp, Professor of Petroleum Economics at the University of Aberdeen.

Type: News

Rio Tinto to close New Zealand aluminium smelter

RIO Tinto has announced that it is winding down operations at its Tiwai Point aluminium smelter in New Zealand.

Type: News

Ebola vaccine stockpile established

A STOCKPILE of Ebola vaccine has been established by humanitarian organisations to help better prepare against future outbreaks.

Type: News

Exxon to quit Russia; Total to cease investment

EXXONMOBIL has followed oil majors BP and Shell in committing to exit Russia following its invasion of Ukraine. TotalEnergies has said it will halt investment in Russia but has not committed to leave its existing operations.

Type: News

Partners push digitalisation for processes

IMPERIAL College London and China’s Jiangsu Industrial Technology Research Institute (JITRI) are working together to improve intelligent process manufacturing by using digitalisation to modernise and decarbonise industry.

Type: News

Equinor becomes second largest shareholder of leading Danish renewables firm

NORWEGIAN energy company Equinor has bought a 10% stake in Danish multinational Ørsted, one of the world’s largest renewable energy companies.

Type: News

DRAM It!

Joshua Pearce explains the use of open-source hardware to use recyclables as feedstock for custom 3D-printed products

Type: Feature

INEOS buys Forties pipeline, Kinneil Terminal

Pipeline links directly to INEOS’ Grangemouth site

Type: News

North Sea oil industry loses 7bn investment

Industry body asks for tax breaks to stem costs

Type: News

Woodside shelves Browse FLNG project

FEED work completed, but low oil price presents risk

Type: News

Oil slump could take 120,000 UK jobs

Oil & Gas UK warns 'difficult decisions' ahead

Type: News

Drone attack cuts global oil capacity by 5%

DRONES have targeted the world’s biggest oil exporter, Saudi Aramco, reducing the state-owned Saudi-Arabian oil and gas company’s output by about 50%, and global crude oil production by 5%.

Type: News

Cleantech uses ‘reversable rusting’ to develop 100-hour battery

A MASSACHUSETTS energy firm has developed an iron-based battery that can store electricity for four days using a novel method called “reverse rusting”.

Type: News