McDermott International, Inc. (NYSE: MDR) today announced that it has been awarded a large* technology contract for the basic engineering and licensing of Irkutsk Oil Company's (IOC) 650 KTA ethylene plant in Russia, plus the detailed engineering and material supply of six SRT® (Short Residence Time) pyrolysis heaters for the plant
The Marcellus and Utica shale formations are among the largest sources of natural gas and natural gas liquids in the world, and their production will increase exponentially in the next two decades, according to an IHS Markit study released recently at the World Petrochemical Conference in San Antonio, Texas
Quorum Software (Quorum), the leader in digital transformation for the oil and gas industry, recently announced that it has completed the acquisition of Houston-based Coastal Flow Measurement, Inc. (Coastal Flow), a family of energy measurement services and software companies
Fluor Corporation announced recently that its joint venture with TechnipFMC has successfully completed its engineering, procurement and construction management services scope of work on Sasol’s world-scale petrochemical complex in Westlake, Louisiana
Honeywell (NYSE: HON) and Wood will work together through the Honeywell Connected Plant platform to commercialize digital services that help oil refiners make their operations safer, more efficient and more reliable
Petro River Oil Corp. (PTRC) ("Petro River" or the "Company"), an independent oil and gas exploration company that utilizes 3D seismic technology to discover and develop oil and gas reserves in proven oil and gas basins, is pleased to provide investors with an update on the Grapevine and Mountain View projects in Kern County, California
ExxonMobil Catalysts and Licensing LLC (ExxonMobil) and Axens have signed an alliance agreement for the sublicense of ExxonMobil’s Sulfuric Acid Alkylation technology
Global technology and engineering company Emerson recently announced it has signed multiple contracts totaling $12M with India’s largest commercial oil company, Indian Oil Corporation Limited, to modernize operations and emissions programs at the company’s refineries
Intercontinental Exchange, a leading operator of global exchanges and clearing houses and provider of data and listings services, recently announced the completion of the first auction for the ICE Permian WTI Crude Oil Storage Futures (HOS), deliverable at Magellan Midstream Partners, L.P.’s (NYSE: MMP) terminal in East Houston, Texas
Singapore headquartered Fortrec has completed the acquisition of and re-started its refurbished aromatic solvents refinery in Ulsan, Korea. The facility, which has a sixty thousand (60,000) tonne a year capacity for producing aromatic solvents FSol100, FSol150, FSol200 and Washoil, is the culmination of a nine-month acquisition by Fortrec
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