US President Donald Trump fired Rex W. Tillerson as secretary of State after barely more than 13 months on the job in a 5:45 a.m. tweet on Mar. 13 and said he intends to name Central Intelligence Agency Director Mike Pompeo as his successor. Source: News

Woodside Petroleum Ltd., Perth, signed an agreement with BHP Billiton Ltd. in which BHPB has waived its right of preemption and provides its consent to the sale to Woodside by ExxonMobil Corp. of ExxonMobil’s 50% interest in retention lease WA-1-R and the Scarborough Joint Venture Operating Agreement. Source: News

International Frontier Resources, Calgary, is preparing rig mobilization and drilling operations for its TEC-10 well in historic Tecolutla field. The Tecolutla block lies just onshore near Poza Rica, Mexico, in Veracruz state. Source: News

Eni SPA has signed two concession agreements to establish a long-term presence in the UAE. Source: News

A debate about the proposed Nord Stream 2 natural gas pipeline at the Atlantic Council on Mar. 12 quickly became heated as some participants argued that it would serve a broader Russian political purpose while others said it simply would increase available supplies for European customers. Speakers generally seemed to agree that the US should […]

Alberta’s government is committing as much as $1 billion to programs designed to attract petrochemical investment and expand infrastructure for petrochemical feedstocks. Source: News

Mubadala Petroleum, a wholly owned subsidiary of Mubadala Investment Co., has agreed to acquire 10% participating interest in the Shourouk concession and its supergiant Zohr gas field offshore Egypt from Eni SPA for $934 million. Source: News

JG Summit Petrochemicals, a subsidiary of JG Summit Holdings’ wholly owned JG Summit Petrochemicals Group, has let a contract to a joint venture of Maire Tecnimont and JGC Philippines to provide EPC services for a HDPE unit and upgrade of an existing PP unit at JGSPC’s portion of JGSPG’s petrochemical complex in Barangay Simlong, Batangas City, […]