Management
Fertiglobe becomes ADNOC’s platform for low-carbon ammonia growth globally
ADNOC announced the completion of its acquisition of OCI Global’s 50% + 1 shareholding in Fertiglobe, increasing its share in the Company to 86.2%, with 13.8% remaining in free float on the Abu Dhabi Securities Exchange (ADX).
Kinaxis, ExxonMobil partner to transform energy sector supply chains
Kinaxis, a global leader in end-to-end supply chain orchestration, has signed a co-development deal with ExxonMobil, one of the largest integrated fuels, lubricants and chemical companies in the world, to create supply chain technology solutions designed specifically for the energy sector.
Digital Feature: Refiner improves operational technology risk measurement and management: A Case Study on addressing the cyber risks in the oil and gas industry
This case study details how a U.S.-based Fortune 50 petroleum refiner used proprietary technology to improve operational technology (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 of dollars in program costs.
Ineos' Ratcliffe: 600 jobs at stake at Geel PTA plant due to overzealous regulations
The INEOS purified terephthalic acid (PTA) plant at Geel in Belgium is threatened with closure as regulators aim to impose unattainable environmental targets on a factory that has already committed to an 80% reduction in cobalt levels.
bp abandons goal to cut oil output, resets strategy
bp has abandoned a target to cut oil and gas output by 2030 as CEO Murray Auchincloss scales back the firm's energy transition strategy to regain investor confidence.
Lummus launches PFAS analytical services
Lummus Technology announced new analytical services for per- and polyfluoroalkyl substances (PFAS), providing accurate detection of a wide range of PFAS compounds, helping water and wastewater operators assess contamination levels and monitor progress of their treatment systems.
Consortium to purchase CB&I from McDermott
A consortium led by Mason Capital Management announced that it has entered into a definitive agreement to acquire the CB&I storage solutions business from McDermott International, Ltd.
Shell's Q3 refining margins drop sharply
Shell's refining profit margins dropped by nearly 30% in the third quarter from the previous three months as global demand sagged, while oil product trading earnings also weakened.
Iraq's Kerbala refinery non-operational due to maintenance
Iraq's Kerbala refinery is under extensive maintenance and has been non-operational since Sept. 25, knocking out 150,000 bpd of processing capacity.
- 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
