Americas
HP Construction: North America
KBR has been awarded a $65 million contract by Chevron Products Co. to execute a base-oil expansion project at Chevron’s refinery in Pascagoula, Mississippi. The construction project includes bui..
HP Construction: South America
Technip, in consortium with Tomé Engenharia, was awarded a lump-sum turnkey EPC contract by Petrobras for five new units at the Presidente Bernardes Refinery in Cubatão, state of São Pa..
HP Innovations: HPInnovations
Foam provides effective thermal insulationBASF’s specialty foam Basotect is now used for the first time to insulate pipes in a liquefied natural gas (LNG) tank terminal in Gwangyang, Korea. The p..
Marathon Oil to buy $3.5 billion in Eagle Ford shale
Marathon Oil reached an agreement with Hilcorp Resources to purchase assets in the core of the Eagle Ford shale formation in Texas for $3.5 billion, subject to closing adjustments, customary terms and conditions.
CB&I awarded $40mn storage tank project from Bahamas refiner
CB&I has been awarded a storage tank project, valued in excess of $40mn, by the Bahamas Oil Refining Co.
Momentive completes sale of N America composites, coatings unit to European group
Momentive Specialty Chemicals said Wednesday that it had completed the previously-announced sale of its North American composites and coating resins business to PCCR USA, a subsidiary of European investment group Investindustrial.
Mexico oil firm PEMEX picks McDermott to build three Gulf pipelines
Engineering firm McDermott has been awarded a contract from Mexican energy major PEMEX for the procurement, construction and installation of three oil and gas pipelines in the Bay of Campeche, each ranging from 8 to 20 inches in diameter.
Offshore advances make Gulf drilling safe - API
The US should more quickly issue permits for offshore drilling in the Gulf of Mexico as the industry has taken considerable steps to improve its safety practices, American Petroleum Institute CEO Jack Gerard said in a recent conference address.
Dow applauds House Republicans for jobs agenda
Executives with US major Dow Chemical voiced support for recent progress they said had been made on the jobs agenda by Republican leaders in the US House of Representatives.
New US bill seeks longer biofuels contracts
Extended purchasing contracts for advanced biofuels from the US Department of Defense (DOD) could help companies unlock more investment opportunities to build biorefineries, a biotechnology trade group said on Friday.
- Iran conflict disrupts Middle East oil, fuel, LNG 3/2
- Qatar halts LNG output, Saudi refinery, Israeli oil, gas fields shut amid Mideast strikes 3/2
- Iran conflict disrupts oil supply to Asian countries dependent on Middle East 3/2
- Asia's jet fuel, diesel cash premiums hit multi-year highs on Mideast concerns 3/2
- European diesel refining margins surge as U.S.-Iran conflict escalates 3/2
- Small fire under control at Saudi Aramco refinery after apparent drone strike 3/2
