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COP27: UEA will supply oil and gas as long as the world needs News

The UAE’s president said at COP27 in Egypt that the country would lower its carbon impact by investing in renewable energy.

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NOG to acquire certain Midland Basin assets in US for $330m

Northern Oil and Gas will purchase certain properties in the Midland Basin in the US from Midland-Petro DC Partners (MPDC) for $330m.

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EnCap looking to divest two oil and gas assets in Texas for $6bn

US private equity firm EnCap Investments is considering options to sell two bundles of oil and gas assets in Texas, Bloomberg reported.

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Petrofac-led group receives $300m contract from Algeria s Sonatrach

Sonatrach has awarded a contract to a consortium led by Petrofac and its partner GCB to take up Tinrhert EPC2 Development Project works.

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Asia to lead the Global Purified Terephthalic Acid Capacity Additions by 2026

Global Purified Terephthalic Acid (PTA) capacity is poised to see considerable growth over the next five years.

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