Harbour Energy plc joined the dealmaking parade on Thursday, announcing a $11.2 billion “transformational acquisition” of the upstream assets of Germany’s largest natural gas and oil producer, Wintershall Dea AG. Wintershall has gas and oil prospects in Algeria, Argentina, Denmark, Egypt, Germany, Libya, Mexico’s onshore and offshore, and in Norway. Also included in the deal…
Basf
Articles from Basf
European Natural Gas Prices Sputter as Spring Nears, but Upside Risks Remain – LNG Recap
European natural gas prices sank Monday, giving up last week’s gains as the March Title Transfer Facility (TTF) contract rolled off the board with the continent amply supplied as spring nears. The March and April contracts finished below $15/MMBtu as the week got underway. European gas storage inventories are at about 62% of capacity, compared…
February 27, 2023
Sasol’s Lake Charles Project Behind Schedule, Over Budget
South Africa-based Sasol has reevaluated its Lake Charles Chemicals Project (LCCP) in Louisiana and determined that the 1.5 million tonne per annum ethane cracker and six associated downstream chemical facilities are running behind schedule and over budget.
June 6, 2016
Shale Gas Prompts BASF to Consider Gulf Coast Plant
BASF Corp., the North American affiliate of BASF SE of Germany, is considering developing a world-scale methane-to-propylene complex on the U.S. Gulf Coast, the company said Friday.
May 2, 2014
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