Management
Update: Nigerian oil union launches nationwide strike after Dangote refinery dismisses workers
The walkout, launched on Monday, has escalated tensions in Africa's top oil producer, with analysts warning that if the dispute spreads to other unions, it could disrupt oil field operations, halt product flows and lead to fuel shortages at petrol stations.
Occidental Petroleum in talks to sell OxyChem chemical unit for at least $10 billion
Occidental Petroleum has announced that it is in advanced talks to sell its chemical division, OxyChem, for at least $10 billion.
Indonesia's Pertamina to merge refinery, shipping and retail operations
Indonesian state energy firm PT Pertamina will merge the operations of its refinery, shipping and retail units to improve efficiency in its core business, CEO Simon Aloysius Mantiri said.
India's ONGC to keep buying Russian oil if prices economical
Indian explorer Oil and Natural Gas Corporation said its refining units will continue to buy Russian oil if available at economical prices.
HP People
Aggreko strengthens European industrial HVAC expertise with two strategic appointments
HP People
TES appoints Paul Smith as Chief Financial Officer
- ITT to acquire SPX Flow for > $4.77 B, expanding leadership in highly engineered components and adjacent flow technologies 12/5
- MOL Group introduces eco-friendly Bag-in-Box packaging for lubricants 12/5
- Addis Energy secures $8.3 MM to scale its transformative approach to low-cost ammonia production 12/5
- World Fuel Services supplies cruise line with waste-based biofuels 12/5
- Chevron announced $18 B-$19-B CAPEX budget for 2026 12/5
- Russia and India sign deal to build urea plant in Russia 12/5
