TREVOSE, PA. –GE (NYSE: GE) today announced two new products to help refineries process incompatible crude oil blends. Unlike many traditional asphaltene dispersants, GE’s new EmBreak* 2167 and EmBreak 2168 crude stabilizers are ashless and do not contain any metals that could contribute to catalyst contamination or equipment fouling. These new oil-based crude stabilizers are […]
HOUSTON –ExxonMobil Chemical Company announced today that it has started construction of a multi-billion dollar ethane cracker at its Baytown, Texas, complex and associated premium product facilities in nearby Mont Belvieu. This project, and major investments ExxonMobil has made to develop oil and natural gas resources in the United States, including the merger with XTO […]
CLEVELAND – Sherwin-Williams Protective & Marine Coatings launched an Oil & Gas app to provide users with protective coatings recommendations best suited to extend the lifecycle of assets in refineries and shale drilling sites, such as frac tanks, pipelines, cooling towers and rail tank cars. The app is optimized for both iOS and Android. “The […]
ABERDEEN, UK— Energy services company, GE Oil & Gas (NYSE: GE), today announces the launch of its GirlsGetSET initiative in the North East of Scotland. A five-year programme, it has been designed to raise awareness amongst female pupils of the wide range of opportunities available through pursuing a career in the fields of science, engineering […]
SAN RAMON, Calif., – Chevron Corporation (NYSE: CVX) today announced that its subsidiary, Chevron Global Energy Inc., has sold its 25 percent non-operated interest in a producing oil concession in southern Chad and the related export pipeline interests to the Republic of Chad for approximately $1.3 billion. The sale closed June 13. “This sale demonstrates […]
The BP Statistical Review of World Energy 2014 – launched today at the World Petroleum Congress meeting in Moscow – reveals how the world of energy echoed broader global themes in 2013. Emerging differences in global economic performance, geopolitical uncertainty and ongoing debates about the proper roles of government and markets are all reflected in […]
IRVING, Texas–Exxon Mobil Corporation (NYSE:XOM) today announced the CLOV project in Angola started up on schedule and is expected to reach daily production capacity of 160,000 barrels in the coming months. CLOV is the fourth major development hub of Total-operated Block 17, after Girassol, Dalia and Pazflor. An ExxonMobil affiliate has a 20 percent working […]
AMES, Iowa — Renewable Energy Group, Inc. (NASDAQ: REGI) has reached an agreement with Tyson Foods, Inc. (NYSE: TSN) to acquire Tyson’s 50% ownership position in Dynamic Fuels, LLC, the companies announced today. “Selling our interest in Dynamic Fuels to REG provides capital for Tyson to redeploy into other opportunities” Completion of the transaction with […]
IRVING, Texas–Exxon Mobil Corporation (NYSE:XOM) today said it shipped the first cargo of liquefied natural gas (LNG) from the $19 billion PNG LNG project ahead of schedule. PNG LNG, operated by ExxonMobil affiliate ExxonMobil PNG Limited, is expected to produce more than 9 trillion cubic feet of gas over its estimated 30 years of operations. […]
NAPLES, Fla., — Hertz Equipment Rental Corporation (hertzequip.com), a wholly owned subsidiary of The Hertz Corporation (NYSE:HTZ), has expanded its Denver, Colorado operations with the launch of a new satellite facility in Cheyenne, Wyoming’s capital. The Cheyenne location serves the southern Wyoming and northern Colorado oil plays and also operates onsite at a key services […]
