Qatar Petroleum and Shell have signed a Heads of Agreement (HOA) that sets the scope and commercial principles for the development of a world-scale petrochemicals complex in Ras Laffan Industrial City, Qatar.
BHP Billiton Energy Coal South Africa Ltd (BECSA) has entered into an empowerment transaction with a black-owned consortium led by Pembani Group (Pty) Ltd.
Honeywell is opening a full-service office in Basra. Honeywell’s second office to open in Iraq since 2010 will further strengthen the company’s commitment to its customers and partners. The new facility will also support the company’s training and sales capabilities throughout the country.
In an unexpected end to the COP17 summit in Durban South Africa, the US, China and India have agreed to be included in a new legal framework for emissions reduction that will come into force in 2020, although the details of the deal are yet to be agreed. COP17 also agreed to an extension of the Kyoto Protocol to 2017.