Crude oil
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: Middle East
GS Engineering & Construction Corp. has signed a $556 million deal to build a gas storage facility in Kuwait. Under the deal with the state-run Kuwait National Petroleum Co., GS Engineering will compl..
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.
LyondellBasell will seek sale of France refinery, turns site focus to petrochemicals
LyondellBasell is attempting to sell its 105,000 bpd refinery at Berre, France, as part of a plan to focus on petrochemical assets at that location.
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.
Aker Solutions wins offshore loading systems contracts in Brazil
Aker Solutions has won two contracts worth 120 million NOK ($21.8 million) for the supply of its Pusnes offloading systems to two FPSOs in the Brazilian market.
CB&I awarded $150mn engineering deal for UK Golden Eagle offshore platforms
CB&I said Thursday that it was awarded a $150mn contract by Nexen Petroleum for the detailed engineering of two fixed platforms for the Golden Eagle field in the UK sector of the North Sea.
Baker Hughes selected by Terra to manage Russia oil and gas assets
Terra Resources, a London-based independent oil and gas firm, said Wednesday that it had picked Baker Hughes to manage the development of its oil and gas assets in Russia.
Shipper commitments sought for proposed Cushing-to-Houston crude oil pipeline
Enterprise Products and Energy Transfer announced on Wednesday the start of a binding open commitment period for available capacity on the proposed crude oil pipeline from Cushing, Oklahoma, to Houston. The pipeline would be designed and constructed as part of a 50/50 joint venture between the two partnerships.
- U.S. labor board judge rules Exxon's Texas refinery union lockout was legal 11/28
- U.S. crude stocks fall, gasoline and distillate inventories rise 11/28
- Maersk could use 15%–20% alternative fuels for its fleet in 2030 11/28
- Germany's BSW pushes to restore Russian oil to Schwedt refinery, seeks regional legitimacy 11/28
- Asia likely to benefit from cheaper Canadian, Mexican oil if Trump imposes tariffs 11/28
- Singapore distillates stocks tick up for fifth week 11/28
