LONDON, ENGLAND (Sir Jim Ratcliffe, Chairman and CEO of INEOS, 3.Apr.2025) — INEOS chairman and CEO Sir Jim Ratcliffe, in an opinion piece, said £150bn in value linked to the UK economy from the North Sea is at risk. Urgent reform of the UK energy tax is need, Ratcliffe argued: […]
Tag: INEOS
CNOOC Divests US GOM Business to INEOS EnergyÂ
(Steve Stewart, Energy Analytics Institute, 14.Dec.2024) — Multinational chemical company INEOS Energy acquired the US Gulf of Mexico (GOM) business held by CNOOC Energy Holdings U.S.A. Inc., a US subsidiary of CNOOC International Limited. The deal boosts INEOS’ production globally to over 90,000 barrels of oil equivalent per day (boe/d), […]
INEOS to Led Greensand CCS Project in the EU
(Energy Analytics Institute, 14.Dec.2024) — INEOS, the day to day operator, of ‘Greensand Future’ and its partners, Harbour Energy, and Nordsøfonden announced the  final investment decision (FID) to safely and permanently store carbon dioxide (CO2) from Danish emitters in a depleted oil field in the Danish North Sea. With the […]
INEOS Makes Major $1.4bn Acquisition of US Onshore Assets
(INEOS, 21.Feb.2023) — INEOS Energy is entering US oil and gas production for the first time with the acquisition of a portion of Chesapeake Energy’s oil and gas assets in the Eagle Ford shale, south Texas for $1.4bn. Highlights: The world is critically dependent upon oil and gas as a […]
Energy Analytics Institute’s NRGBriefs: December 2022
(Energy Analytics Institute, 31.Dec.2022) — Energy briefs as well as others related to finance and politics during December 2022 including Washington’s easing of sanctions on Venezuela resulting in increased US imports of that heavy/sour crude; twin-island country Trinidad and Tobago eying its annual energy conference in Port of Spain; Savannah […]
INEOS Inks Deal for 1.4 mtpa LNG from Sempra Infrastructure
(INEOS, 1.Dec.2022) — INEOS signed a 20-year contract with Sempra Infrastructure for the supply of approximately 1.4 million tonnes per annum (mtpa) of Liquified Natural Gas (LNG) from Phase 1 of the Port Arthur LNG facility under development in Texas North America. Highlights: –The agreement includes a 20-year commitment for […]
Sempra Infrastructure Inks SPA with INEOS for Port Arthur LNG Phase 1
(Sempra, 1.Dec.2022) — Sempra Infrastructure, a subsidiary of Sempra (NYSE: SRE) (BMV: SRE), entered into a long-term sale and purchase agreement (SPA) with INEOS, for the supply of liquefied natural gas (LNG) from Phase 1 of its Port Arthur LNG project under development in Jefferson County, Texas. Under the SPA, INEOS has […]