Business Wire

  1. Graham Corporation Awarded $5.5M In Global Refining Industry Orders

    Graham Corporation, a global business that designs, manufactures and sells critical equipment for the oil refining, petrochemical, power and defense industries, announced recently that it received three orders totaling approximately $5.5 million, all for the refining industry

  2. GTC To Provide Gasoline Production Complex For ABG

    GTC Technology is providing a gasoline production complex project for ABG (Al Barham Group Companies) for the refining and distribution of petroleum products. The grassroots complex will process 12,000 BPD of straight run naphtha (SRN) and untreated natural gasoline (UNG) blend feed to produce high octane gasoline meeting Euro-V specifications

  3. ONGC Videsh And GeoPark Announce Strategic Latin American Acquisition Partnership

    ONGC Videsh, the wholly-owned subsidiary and international arm of Oil and Natural Gas Corporation Limited(ONGC), India’s national oil company, and GeoPark, the Latin American oil and gas explorer, operator and consolidator, are pleased to announce the formation of a new long-term strategic partnership to jointly acquire, invest in, and create value from upstream oil and gas projects with the objective of building a large-scale, economically-profitable and risk-balanced portfolio of assets and operations across Latin America

  4. Sole Source Capital Acquires Premier Flow Control

    Sole Source Capital LLC (“SSC”) today announced that it has acquired a majority interest in Premier Flow Control, LLC (“Premier Flow” or “PFC”), a leading provider of flowback, nitrogen, and equipment rental services in the Permian Basin. Headquartered in Odessa, TX, Premier Flow is led by founders Michael Slate and Carrie Kindle, who have a combined 50 years of experience in the oil and gas industry. The company places an emphasis on efficient, safe,

  5. Tallgrass Energy Partners And Silver Creek Midstream Announce Joint Venture To Transport Crude Oil Production In The Powder River Basin To Guernsey, Wyoming

    Tallgrass Energy Partners, LP (“Tallgrass”) and Silver Creek Midstream, LLC (“Silver Creek”) announced recently that they have signed definitive documents to develop the Iron Horse Pipeline (“Iron Horse”), a joint venture pipeline to transport crude oil from the growing Powder River Basin (“PRB”) to Guernsey, Wyo

  6. Commissioning Underway For ExxonMobil’s Ethane Cracker In Baytown, Texas

    ExxonMobil announced today that a new 1.5 million ton-per-year ethane cracker at its Baytown, Texas complex is mechanically complete with commissioning progressing well

  7. AspenTech Acquires Apex Optimisation, Inventors Of Generic Dynamic Optimisation Technology (GDOT)

    Aspen Technology, Inc, the asset optimization software company, has acquired Apex Optimisation, a European company specializing in Dynamic Optimization and Advanced Process Control 

  8. ExxonMobil Releases Energy & Carbon Summary And Outlook For Energy

    ExxonMobil recently released its Energy & Carbon Summary: Positioning for a Lower-Carbon Future and its Outlook for Energy: A View to 2040.

  9. Erin Energy Discovers Hydrocarbons In Its Oyo-NW Well

    Erin Energy Corporation (“Erin Energy” or the “Company”) (NYSE American:ERN) (JSE:ERN) today announced that it has completed the drilling of the Oyo-NW well and, based on preliminary evaluation, it has discovered hydrocarbons in the Miocene Formation. The well is located approximately 9.5 kilometers northwest of the Oyo Central field on the Company’s offshore Nigeria block 120. The Miocene formation is where several of Erin Energy’s neighbors have discovered billions of barrels of hydrocarbons and

  10. ExxonMobil To Triple Permian Production By 2025, Expand Transportation Infrastructure

    ExxonMobil recently announced that it plans to triple total daily production to more than 600,000 oil-equivalent barrels by 2025 from its operations in the Permian Basin in West Texas and New Mexico