Across The Wire

  1. McDermott Announces Ethylene Award In Russia
    3/20/2019

    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

  2. IHS Markit Study: Ohio Valley Region Will Supply Nearly Half Of Nation’s Natural Gas By 2040
    3/19/2019

    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

  3. Quorum Software Completes Acquisition Of Coastal Flow Measurement, Inc. And Flow-Cal, Inc.
    3/19/2019

    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

  4. Fluor Joint Venture Completes Construction Work On Sasol Project In Louisiana
    3/19/2019

    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

  5. Honeywell And Wood Collaborate To Deliver Advanced Refining And Petrochemical Solutions Through Connected Plant Technology
    3/18/2019

    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

  6. Petro River Announces Update On Successful California Drilling
    3/12/2019

    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

  7. Axens And ExxonMobil Catalysts And Licensing LLC Sign Alliance Agreement To Provide Technologies For High-Octane Alkylate Production
    3/11/2019

    ExxonMobil Catalysts and Licensing LLC (ExxonMobil) and Axens have signed an alliance agreement for the sublicense of ExxonMobil’s Sulfuric Acid Alkylation technology

  8. IndianOil Selects Emerson To Modernize Refinery To Meet Low Emissions Fuel Standards
    3/11/2019

    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

  9. Intercontinental Exchange Announces Successful First Auction For Permian WTI Crude Oil Storage Futures Deliverable At Magellan East Houston Terminal
    3/7/2019

    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

  10. Singapore's Fortrec Acquires Aromatic Solvents Refinery In Ulsan, Korea
    3/6/2019

    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