TechnipFMC has signed a major engineering, procurement, and construction (EPC) contract with Assiut National Oil Processing Company (ANOPC) for the construction of a new hydrocracking complex for the Assiut refinery in Egypt.
Twenty projects representing $292 billion face financing delays.
A day after Dominion and Duke canceled the Atlantic Coast Pipeline as litigation mounted, the industry again finds itself confounded by permitting issues.
The U.S. Energy Department on July 6 approved the export of up to 1 Bcf/d of LNG from the proposed Jordan Cove terminal in Oregon, a move it said would ease U.S. sales of the fuel to Asian markets.
Action removes a key obstacle to bringing Russian gas to Europe.
Earlier this year, Alberta had said it would invest $1.1 billion in Keystone XL and back TC Energy's $4.2 billion credit facility.
Dominion Energy and Duke Energy on July 5 announced the cancellation of the Atlantic Coast Pipeline due to ongoing delays and increasing cost uncertainty which threatens the economic viability of the project.
Customers say the project is not necessary with Bakken production way down.