Americas
Petrobras starts third train at Sabalo natural gas processing plant in Bolivia
Petrobras said Monday it has started a third train at the Sabalo natural gas processing plant in Bolivia, part of an expansion at the country's San Antonio exploration block. Total investments for the second development phase will be about $300 million, the company added.
HB Fuller acquires global industrial adhesives business of Forbo
HB Fuller has completed the acquisition of the global industrial adhesives business of Forbo Group, the company said on Monday. The unit generated approximately $580 million in revenue for the fiscal year ended Dec. 31, 2011 and operates 17 manufacturing facilities in 10 countries.
BP reaches $7.8bn settlement over Gulf oil spill
BP says it has reached a settlement with the Plaintiffs' Steering Committee (PSC), subject to final written agreement, to resolve the majority of economic loss and medical claims stemming from the Deepwater Horizon accident and oil spill. The cost is approximately $7.8 billion, the company said.
BP shuts down Alaska oil processing hub after fire
BP said late Thursday it has shut down an oil-processing center at Alaska's Prudhoe Bay oil field, following a fire. No one was injured and the fire extinguished itself, according to the company. Fire crews found little or no damage inside the building, but facility managers decided to shut down the plant.
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- First-ever ammonia and propane co-loaded vessel completes voyage from U.S. to Europe 1/17
- China's vast refining sector faces shakeout as fuel demand peaks 1/17
- Oman Oil Marketing Co. and TFG Marine establish bunker fuel supply JV 1/17
- Beware Egypt's smokestack onshoring as cement exports surge 1/17
- Petrobras reports record high refinery output in 2024 1/17
