Across The Wire

  1. Challenges Remain For New Investments In Heavy Oil Processing In Western Canada Despite Significant Changes In Oil Markets, IHS Markit Study Says

    Despite market changes, including some to the benefit of heavy oil processing in recent years, challenges still remain for investing in new heavy oil processing capacity in North America, says a new study by business information provider IHS Markit

  2. Genesis Energy, L.P. Announces New Powder River Basin Acreage Dedications And Open Season For New Crude Oil Gathering Services In Campbell And Converse Counties, Wyoming

    Genesis Energy, L.P. (NYSE:GEL) announced recently it has launched a binding open season to secure long-term commitments to support a new gathering system (the “Gathering System”) to connect crude oil production to its existing Powder River basin pipeline (the “Powder River Basin Pipeline”)

  3. Kuwait Integrated Petroleum Industries Company To Expand Al-Zour Refinery With Honeywell Technology

    Honeywell (NYSE: HON) announced today that Kuwait Integrated Petroleum Industries Company (KIPIC) will use a range of process technologies from Honeywell UOP, a leading licensor of refining and petrochemical process technology, for the expansion of its refining and petrochemical complex at Al-Zour, south of Kuwait City

  4. SwRI Wins Two 2017 R&D 100 Awards

    Southwest Research Institute (SwRI) took home two prestigious R&D 100 Awards from ceremonies held in Orlando, Florida, on Nov. 17 

  5. Evoqua Water Technologies Announces Closing Of Initial Public Offering And Full Exercise Of Underwriters’ Option To Purchase Additional Shares

    Evoqua Water Technologies Corp. (“Evoqua Water Technologies” or the “Company”) announced the closing of its initial public offering of 31,944,443 shares of its common stock at a public offering price of $18.00 per share, which included 4,166,666 shares sold upon full exercise of the option to purchase additional shares granted to the underwriters by certain stockholders of the Company.

  6. Savage Expands International Operations With New Querétaro, Mexico Petroleum Terminal

    A subsidiary of Savage Companies will commence operations of its new petroleum transload terminal in central Mexico on January 1, 2018, with plans to significantly expand terminal capabilities later in 2018 

  7. Dangote Refinery Standardizes On Aspen PIMS-AO Software To Optimize The Design & Operate Asset Lifecycle

    Aspen Technology, Inc., the asset optimization software company, recently announced that the Dangote Group, the largest conglomerate in West Africa and one of the largest on the African continent, has selected Aspen PIMS-AO™ software after careful evaluation of competitors’ refinery optimization solutions for economic and operational planning 

  8. ExxonMobil Partners With Singapore Universities To Focus On Energy Innovation And Lower-Emissions Technologies

    ExxonMobil announced recently that it is partnering with two Singapore universities to open a Singapore Energy Center in 2019 to focus on new discoveries and significant improvements to technologies that could improve energy production, and enhance energy efficiency and other efforts to mitigate the risk of climate change. 

  9. GeoPark Announces Further Extension Of Tigana/Jacana Oil Field Play In Colombia

    GeoPark Limited (“GeoPark” or the “Company”) , a leading independent Latin American oil and gas explorer, operator and consolidator with operations and growth platforms in Colombia, Chile, Brazil, Argentina, and Peru, recently announced the successful drilling and testing of the Tigana Norte 3 appraisal well in the Tigana oil field in Llanos 34 block (GeoPark operated, 45% WI) in Colombia

  10. Evoqua Water Technologies Announces Pricing Of Initial Public Offering

    Evoqua Water Technologies Corp. (“Evoqua Water Technologies” or the “Company”) recently announced the pricing of its initial public offering of 27,777,777 shares of its common stock at a public offering price of $18.00 per share.