Braskem Idesa SAPI, a 75-25 joint venture of Braskem SA, Sao Paulo, and Groupo Idesa SA de CV, Mexico City, has fully commissioned its long-planned Etileno XXI petrochemical complex in the Coatzacoalcos-Nanchital region of the Mexican state of Veracruz. Source: News
Braskem fully commissions Mexican petrochemicals complex
Braskem Idesa SAPI, a 75-25 joint venture of Braskem SA, Sao Paulo, and Groupo Idesa SA de CV, Mexico City, has fully commissioned its long-planned Etileno XXI petrochemical complex in the Coatzacoalcos-Nanchital region of the Mexican state of Veracruz. Source: News
BHI: US rig count down 3, ending 3 straight weeks of gains
Upward movement in the US rig count halted for the week ended June 27, declining 3 units to 421 rigs working, indicates the latest data from Baker Hughes Inc. The overall count was weighed down by a 7-unit drop in oil-directed rigs. Source: News
BHI: US rig count down 3, ending 3 straight weeks of gains
Upward movement in the US rig count halted for the week ended June 27, declining 3 units to 421 rigs working, indicates the latest data from Baker Hughes Inc. The overall count was weighed down by a 7-unit drop in oil-directed rigs. Source: News
Sustained E&P spending cuts may lead to underinvestment, report warns
Competing cash priorities during depressed oil and gas prices could increase the risk of long-term underinvestment, a recent Deloitte Center for Energy Solutions report warns. Source: News
Kenya to buy Essar stake in KPRL
The Kenyan government will purchase the 50% stake in Kenya Petroleum Refineries Ltd. (KPRL) held by Essar Energy Overseas Ltd. Although an agreement on transfer of shares has been reached, a purchase price was not disclosed. Source: News
Kenya to buy Essar stake in KPRL
The Kenyan government will purchase the 50% stake in Kenya Petroleum Refineries Ltd. (KPRL) held by Essar Energy Overseas Ltd. Although an agreement on transfer of shares has been reached, a purchase price was not disclosed. Source: News
Western Refining, Northern Tier complete merger
Western Refining Inc., El Paso, and Northern Tier Energy LP, Tempe, Ariz., have completed the merger of Northern Tier into Western. Source: News
Western Refining, Northern Tier complete merger
Western Refining Inc., El Paso, and Northern Tier Energy LP, Tempe, Ariz., have completed the merger of Northern Tier into Western. Source: News
OGUK says industry ‘at a critical juncture’ after EU vote
Responding to the UK vote to leave the European Union, Oil & Gas UK said the offshore oil and gas industry is “at a critical juncture.” In a statement issued June 24, the trade association said, “We need to ensure the UK Continental Shelf continues to attract investment and be seen as a great place […]