Exxon Mobil Corporation said recently it will streamline its upstream organization and centralize project delivery across the company to support previously announced plans to double operating cash flow and earnings by 2025.
SemGroup® Corporation (NYSE:SEMG) and DCP Midstream, LP (NYSE:DCP) today announced that, due to ongoing shipper interest, they have extended by one month the open season to solicit binding commitments for the development of a new pipeline system to transport segregated, light batches of crude oil originating in Cushing, Okla. and terminating in Houston, Texas
INNIO recently announced another significant order of Jenbacher gas engines in China. INNIO will supply Chongqing Yuxin Energy’s Chongqing Songzao Coal Mine plant, owned by Chongqing Energy Investment Group (CQEIG), with eight of its 3.35-megawatt (MW) Jenbacher J620 gas engines for an expansion of the coal mine methane (CMM) gas-fueled power plant.
ExxonMobil said recently that it has reached a final investment decision and started construction on a new unit at its Beaumont, Texas refinery that will increase crude refining capacity by more than 65 percent, or 250,000 barrels per day.
Saudi Aramco, through its wholly-owned subsidiary Saudi Aramco Technologies, recently signed a Joint Development and Collaboration Agreement (JDCA) with Axens and TechnipFMC to accelerate the development and commercialization of the company’s Catalytic Crude to Chemicals (CC2C) technology
The Abu Dhabi National Oil Company (ADNOC) has signed two new strategic equity partnerships with Eni and OMV covering both ADNOC Refining and a new trading joint venture, which will be jointly established by the three partners
Meridian Energy Group, Inc., the emerging growth refining firm and leading innovator in advanced technology and environmentally-beneficial full-conversion petroleum processing facilities, announced today that a North Dakota District Court has upheld the Permit to Construct (“PTC”) for the Davis Refinery that was issued on June 13th, 2018 as a Synthetic Minor Source
McDermott International, Inc. (NYSE: MDR) today announced that it has been awarded a sizeable* technology contract by PT Chandra Asri Perkasa for the detailed engineering of 8 proprietary SRT® (Short Residence Time) ethylene cracking heaters at the Chandra Asri Perkasa (CAP2) ethylene plant in Cilegon, Indonesia
KBR, Inc. (NYSE: KBR) announced today that it has entered into a contract with Wynnewood Refining Company, LLC (Wynnewood) for engineering and design services relating to KBR's Solid Acid Alkylation Technology (K-SAAT™) for Wynnewood's refinery located in Wynnewood, Oklahoma
Intercontinental Exchange, Inc., a leading operator of global exchanges and clearing houses and provider of data and listings services, recently announced several new enhancements to the ICE Permian WTI crude oil futures contract (Contract code: HOU)
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