Management
Wood signs trio of global engineering and project delivery agreements with bp
Wood, a global leader in consulting and engineering, has signed three major agreements with bp to provide engineering and project delivery services for its capital projects worldwide.
Digital Feature: A Case Study on achieving visibility into OT cybersecurity policy compliance
This case study details how a U.S.-based Fortune 50 petroleum refiner used PAS Cyber Integrity® to improve OT cybersecurity. By automating asset inventory and vulnerability assessments, the company reduced manual processes, enhanced visibility into cyber risks and improved safety-ultimately saving millions in program costs.
INEOS Enterprises to sell Composites business to KPS Capital Partners for €1.7 B
INEOS Enterprises has entered into an agreement for the sale of the INEOS Composites business to KPS Capital Partners, LP for an estimated consideration of €1.7 B at completion. INEOS Composites is a leading global manufacturer of unsaturated polyester resins, vinyl ester resins and gelcoats used in the production of plastic composites for a wide range of applications across large global end-markets.
Russia's Rosneft may delay refinery modernization due to high interest rates, taxes
Rosneft, Russia's largest oil producer, said it may delay modernizing its refineries due to high interest rates and taxes, as its nine-month profit fell 13.9% year on year to $8.7 B.
WGLC 2024: Transitioning to Leadership
While leadership was the overarching focus of the conference, panel and keynote topics ranged from concerns like work-life balance and industry cultural expectations, to practical leadership strategies and the diverse possibilities of career trajectories in the industry.
Aramco, Rongsheng Petrochemical sign framework agreement for SASREF petrochemicals expansion project
Aramco, Aramco affiliate Saudi Aramco Jubail Refinery Company (SASREF), and an affiliate of Rongsheng Petrochemical Co. Ltd. (Rongsheng Petrochemical) have signed a Development Framework Agreement in Beijing, China, that paves the way for an expansion project at SASREF in Jubail, Kingdom of Saudi Arabia.
WGLC 2024 opens with strong call for women’s leadership in energy
The 20th annual Women’s Global Leadership Conference in Energy (WGLC) kicked off with a powerful opening session led by Alexandra “Alie” Pruner, Senior Advisor at Perella Weinberg Partners/TPH&Co.
Digital Exclusive: U.S. flip-flop jeopardizes global treaty to end plastic pollution
Rob Benedict, Vice President, Petrochemicals and Midstream, American Fuel and Petrochemical Manufacturers (AFPM), details the Biden administration's (U.S.) flip-flop on allowing individual countries to take their own path to tackle plastics pollution, and instead, wants universal plastic production caps and the banning of certain chemicals. Mr. Benedict details why this approach will only hurt the global objective to end plastic pollution.
Thai SCG halts operations at $5.4-B Vietnam petrochemical complex
Siam Cement Group said it has suspended commercial operation at its $5.4-B Long Son Petrochemicals complex in Vietnam after only one month due to "the chemicals' low margin".
Marathon, Teamsters to resume contract talks as Detroit refinery strike enters second month
Marathon Petroleum Corp. and the Teamsters union, which represents hundreds of refinery workers, will resume labor contract negotiations this week as a strike at the refiner's Detroit facility enters a second month.

- Syensqo signs new multi-year Solef® PVDF contracts for battery materials 5/15
- Topsoe’s technology chosen by Zhongneng Yida for 400,000-tpy SAF plant in China 5/15
- Phillips 66 announces agreement to divest majority interest in Germany and Austria retail marketing business 5/15
- Carbon Clean announces successful test of CycloneCC C1 technology at commercial scale 5/15
- Asia's refined fuel imports drop, but margins still hold 5/15
- SP Chemicals plans to raise ethane use at eastern China petchem plant 5/15