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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.
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.
Truly effective reliability requires predictive maintenance
To navigate this new digital world, organizations must find ways to bring in new technologies to support the limited personnel they have, but without increasing the complexity of those people’s jobs or overwhelming them with raw data they are not trained to use. The solution is to implement a predictive maintenance technology plan founded on a boundless automation vision of seamlessly moving contextualized data wherever it is needed.
Configure safety communication to unleash your safety culture’s true potential
From an industrial perspective, effective communication is an integral part of achieving an injury-free workplace. This article provides the benefits of developing a safety management system to build a culture of safety in plants.
Three slightly injured in fire inside Greek oil refinery near Athens
Three people were slightly injured in a fire at Motor Oil's refinery west of Athens, Greece. The fire broke out on in refining units, forcing workers to evacuate as a column of black smoke poured across the evening sky.
Two killed in fire from waste overflow at top Pemex oil refinery in Mexico
Two workers died and another was injured after a fire broke out over the weekend at the biggest domestic refinery owned and operated by Mexico's state oil company Pemex.
Methanex buys OCI Global's methanol business for $2.06 B
OCI Global announced that it has reached an agreement for the sale of 100% of its equity interests in its Global Methanol Business to Methanex Corporation for a total consideration of $2.05 B on a cash-free and debt-free basis.
Czech police safely detonate World War 2 bomb at oil refinery
Czech bomb disposal experts on Friday detonated a World War 2 bomb found on the site of an oil refinery, causing no major visible damage to the Polish-owned plant that has halted operations since the discovery last week.
Digital Feature: Truly effective reliability requires predictive maintenance
To navigate this new world, organizations must find ways to bring in new technologies to support the limited personnel they have, but without increasing the complexity of those people’s jobs or overwhelming them with raw data they are not trained to use. The solution is to implement a predictive maintenance technology plan founded on a boundless automation vision of seamlessly moving contextualized data wherever it is needed.
Digital Feature: U.S. EPA’s new Chemical Accident Prevention rule takes effect: What to know
On March 11, 2024, the U.S. Environmental Protection Agency published a final rule amending its Risk Management Program regulations. Here is what facility owners need to know about this new regulation.
- Digital Feature: Delivering the next-generation workforce by harnessing AI to propel chemical engineering into the future 10/11
- CB&I awarded contract by Saipem Clough JV for Perdaman project in Western Australia 10/11
- Trader Vitol sells Venezuelan oil to Indian refiners 10/11
- Surge in U.S. ethanol exports offsets thriving production 10/11
- Investigation launched into fatal Texas oil refinery leak 10/11
- Nigeria ends state oil firm's role as Dangote refinery's sole buyer 10/11
