Latest Headlines

  1. DuPont Presenting New Perfluoroelastomer Solution At Industrial Valve Summit, 24-25 May, Bergamo, Italy

  2. L Squared Capital Partners Completes Recapitalization Of Oracle Elevator

    L Squared Capital Partners (“L Squared”) and Oracle Elevator (“Oracle” or the “Company”), today announced that L Squared, together with Longview Asset Management, has partnered with Oracle management to recapitalize the Company. Financial terms of the transaction were not disclosed 

  3. ExxonMobil Announces Positive Muruk-1 Sidetrack Well Results

    Exxon Mobil Corporation recently announced positive results on the Muruk-1 sidetrack well in the Papua New Guinea North Highlands, 13 miles (21 kilometers) northwest of the Hides gas field.

  4. Yokogawa Wins Order To Supply Analyzer House For Malaysia's RAPID Project

    Yokogawa Electric Corporation announced that its subsidiary, Yokogawa Kontrol (Malaysia), has won an order to supply process analysis system integration (SI) services and advanced solutions for the oil storage facilities that are being built for the Refinery and Petrochemical Integrated Development (RAPID) project in Malaysia

  5. Clean Harbors Signs Definitive Agreement To Acquire Lonestar West Inc.

    Clean Harbors, Inc. (“Clean Harbors”) and Lonestar West Inc. (“Lonestar”) recently announced a definitive agreement whereby Clean Harbors will acquire the outstanding shares of Lonestar in an all-cash transaction valued at CAD $44.1M

  6. Mobil Jet Oil 387 Now Approved For Pratt & Whitney PW4000 Engines

    ExxonMobil recently announced that Mobil JetTM Oil 387, a synthetic High Performance Capability turbine engine oil, has been approved by Pratt & Whitney for use in its popular series of PW4000 engines

  7. M&I Electric Announces $5M Project With Major EPC Firm For New Chemical Plant

     American Electric Technologies, Inc. (NASDAQ:AETI), a leading provider of power delivery solutions for the global energy industry, announced today that its M&I Electric business has been awarded a $5M contract  to provide a turnkey power delivery solution for a new chemical plant under construction on the Texas Gulf Coast

  8. Kosmos Energy Announces Major Gas Discovery Offshore Senegal

    Kosmos Energy announced recently a major gas discovery offshore Senegal. Yakaar-1 is the first well in a series of four independent tests of the basin floor fan fairways, outboard of the proven slope channel trend opened with the Tortue-1 discovery

  9. Gulf Resources Announces First Natural Gas Customer

    Gulf Resources, Inc. (Nasdaq:GURE) ("Gulf Resources" or the "Company"), a leading manufacturer of bromine, crude salt, specialty chemical products, and natural gas in China, today announced a contract with Sichuan Heshun Natural Gas Sales Co.,Ltd, its first customer for its natural gas production in Sichuan Province

  10. Statoil Handing Over The Polarled Pipeline To Gassco

    Statoil transferred the operatorship for the Polarled pipeline to Gassco on 1 May. The 482-kilometre pipeline between the Aasta Hansteen field in the Norwegian Sea and Nyhamna in Møre og Romsdal was delivered NOK 4.5 billion below budget.