Saudi Arabia’s TAQA to invest in North American oil fields May 10, 2019 // 1 Comment Saudi Arabia’s Industrialization and Energy Services Company (TAQA) plans to acquire two companies in the North American [...]
ExxonMobil to invest US$2 bn in Texas chemical expansion project May 10, 2019 // 0 Comments US petrochemicals major ExxonMobil plans to invest an additional US$2 billion to expand its Baytown, Texas, chemical plant. [...]
Cosmo oil to deliver oil products to Kygnus from 2020 May 10, 2019 // 2 Comments Japanese petrochemical company, Cosmo Oil is supplying 18.9 million barrels/year of oil products to local petroleum company, [...]
Chevron secures Pasadena Refining System for US$350 mn May 6, 2019 // 2 Comments California-headquartered Chevron USA (CUSA), a wholly owned subsidiary of Chevron Corporation and the US’s second-largest [...]
Sinopec-SK Petrochemical acquires oil refinery in China May 2, 2019 // 4 Comments The joint venture firm of South Korea’s energy and chemical company SK Innovation and Chinese oil/gas major Sinopec, [...]
Nouryon signs deal with SulNOx for additives for the fuels market April 30, 2019 // 3 Comments Nouryon (formerly AkzoNobel Specialty Chemicals) will expand its offerings to customers in the fuels market through an [...]
SOCAR and BP petchem project in Turkey to start construction next year April 29, 2019 // 1 Comment Azerbaijan’s state energy company SOCAR, which is the largest direct foreign investor in Turkey, and UK petroleum [...]
Saudi Arabia’s TAQA to acquire Schlumberger’s drilling business for US$415 mn April 29, 2019 // 1 Comment Saudi Arabia’s Industrialization and Energy Services Company (TAQA) says that its drilling subsidiary, Arabian Drilling [...]
ExxonMobil to invest US$1bn to expand UK refinery April 26, 2019 // 2 Comments US oil/petrochemical firm ExxonMobil says it has made a final investment decision to spend more than US$1billion expanding [...]
US oil/gas sector boom a prelude to a meltdown? April 26, 2019 // 4 Comments Conditions in the oil and gas infrastructure sector are hauntingly similar to those preceding the coal mining equities crash [...]