International Maritime Organization’s (IMO) low sulphur regulation challenges global refinery industry, according to GlobalData
Downstream
GE helps Azito’s power plant to boost efficiency in Ivory Coast
Azito Energie SA has signed a contract with GE to deploy its predix asset performance management (APM) software for two GT13E2 gas turbines and two generators at the Azito III plant site, located in the Yopougon district of Ivory Coast
Global energy investment totalled more than US$1.8 trillion in 2018
Global energy investment stabilised in 2018, ending three consecutive years of decline, as capital spending on oil, gas and coal supply bounced back while investment stalled for energy efficiency and renewables, according to the International Energy Agency (IEA)
‘Nigeria dominates crude production outlook from greenfield projects’
Nigeria will contribute 46 per cent of total crude production in sub-Saharan Africa from planned and announced projects (greenfield projects) in 2025
Total to acquire Anadarko’s LNG assets for US$8.8bn
French supermajor Total has announced that it has reached a binding agreement with Occidental Petroleum Corporation to acquire Anadarko’s assets in Algeria, Ghana, Mozambique and South Africa for a consideration of US$8.8bn