Americas
Navy climbers arrest environmentalists as drilling set to begin at Arctic oil rig
An occupation team from environmental activist group Greenpeace that scaled an Arctic oil rig to prevent deepwater drilling was arrested by climbers believed to be from the Danish navy.
Vopak, Enagas to acquire LNG terminal in Mexico
Global tank storage firm Vopak has partnered with Spain-based Enagas to acquire 100% of shares in the LNG import and re-gasification terminal in Altamira, Mexico.
PPG buys South Africa distributor Ducol Coatings
US chemicals and coatings producer PPG Industries has acquired the business of Ducol Coatings, which has served as an importer and distributor of PPG’s automotive refinish products in South Africa since 2003.
Buckeye purchases US terminal, pipeline assets from BP for $165mn
Buckeye Partners said it completed the purchase of 33 refined products terminals and 650 miles of pipeline from BP for $165mn.
Marathon Oil to buy $3.5 billion in Eagle Ford shale
Marathon Oil reached an agreement with Hilcorp Resources to purchase assets in the core of the Eagle Ford shale formation in Texas for $3.5 billion, subject to closing adjustments, customary terms and conditions.
CB&I awarded $40mn storage tank project from Bahamas refiner
CB&I has been awarded a storage tank project, valued in excess of $40mn, by the Bahamas Oil Refining Co.
Momentive completes sale of N America composites, coatings unit to European group
Momentive Specialty Chemicals said Wednesday that it had completed the previously-announced sale of its North American composites and coating resins business to PCCR USA, a subsidiary of European investment group Investindustrial.
Mexico oil firm PEMEX picks McDermott to build three Gulf pipelines
Engineering firm McDermott has been awarded a contract from Mexican energy major PEMEX for the procurement, construction and installation of three oil and gas pipelines in the Bay of Campeche, each ranging from 8 to 20 inches in diameter.
Offshore advances make Gulf drilling safe - API
The US should more quickly issue permits for offshore drilling in the Gulf of Mexico as the industry has taken considerable steps to improve its safety practices, American Petroleum Institute CEO Jack Gerard said in a recent conference address.
Dow applauds House Republicans for jobs agenda
Executives with US major Dow Chemical voiced support for recent progress they said had been made on the jobs agenda by Republican leaders in the US House of Representatives.
- Vyterra Renewables receives funding to advance its Nova Scotia low-carbon fuel oil project 3/26
- BASF inaugurates €8.7-B Verbund site in Zhanjiang, China 3/26
- Partners sought from construction and engineering for program to decarbonize £1 T/yr global market for low-carbon jet fuel 3/26
- OCI Global completes handover of Beaumont New Ammonia to Woodside 3/26
- Iran war chokes petrochemical supply, sends plastic prices soaring 3/26
- Russia's vast Kirishi oil refinery halts operations after drone attacks 3/26
