Refining
Shell committed to backstop Raizen with $668-MM investment, Brazil CEO says
Raizen has reported a string of losses and soaring net debt in recent quarters amid costly investments and poor weather negatively impacting crops, prompting the company to warn in February of "significant uncertainty" about its ability to keep operating.
Asia's jet fuel, diesel cash premiums hit multi-year highs on Mideast concerns
Asia/Pacific
/ Diesel
/ Crude oil
/ Economics
/ Environment & Safety
/ Gas Processing/LNG
/ Middle East
/ Natural Gas
/ Refining
/ Safety
/ U.S.
ITT completes acquisition of SPX FLOW
In December 2025, ITT announced it had entered into a definitive agreement to purchase SPX FLOW for a total consideration of $4.775 B, funded through a combination of cash and equity.
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Construction Boxscore: Project Spotlight
Project:
Long Son Petrochemicals Complex
Location:
Long Son, Vietnam
Operator:
Siam Cement Group
Cost:
$5.4 B
Capacity:
1.65 MMtpy
Completion date:
2023
Status:
Under Construction
