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.
The plant, one of Russia's biggest Black Sea refineries, is technically able to operate, but will remain idle in October amid low profitability for exports of refined fuels compared to crude, traders ...
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.
Italy's Eni will decide about additional stake sales in its renewable and biofuel units, its CEO said, keeping in mind that it wants to list them on the stock market and retain the majority of their ...
BASF and Evonik have agreed on the first delivery of BASF’s ammonia BMBcert grade. Thereby, both chemical companies demonstrate their commitment to offer products with a reduced product carbon ...
Repsol will collaborate with ECI Group in the licensing agreement with Shaanxi Yanchang China Coal Yulin Energy & Chemical Co. Ltd. (YECC), part of the Shaanxi Yanchang Petroleum Group, China’s fourth ...