Keyword: ExxonMobil

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US Gulf Production Starts to Recover Post Harvey

21.09.2017 - Petrochemical plants on the US Gulf Coast are starting to resume operations after Hurricane Harvey left behind a trail of destruction. Refineries and chemical plants had been shut...

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Exxon and Russia Bury $600 Million Tax Dispute

18.09.2017 - ExxonMobil and the Russian government have settled a long-running tax dispute worth more than $600 million, the Russian finance ministry said in a statement sent to French news...

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ExxonMobil Completes Aromatics Buy

18.09.2017 - ExxonMobil’s Singapore affiliate has completed the acquisition of one of the world’s largest aromatics facilities on Singapore’s Jurong Island in Singapore. The project was...

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Explosion at Arkema Texas Plant Feared

31.08.2017 - Two explosions apparently hit an Arkema plant in Crosby, Texas, producing liquid organic peroxides in the early morning hours of Aug. 31. The French group’s US subsidiary and local...

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Hurricane Harvey Hits US Petchems Hard

29.08.2017 - Along the US Gulf Coast, oil and petrochemical producers in Texas were struggling to mop up and assess possible damage to their facilities on Aug. 29 after high winds and...

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Tighter US Sanctions on Russia Could Hurt Europe

31.07.2017 - The proposed US tightening of economic sanctions against Russia is making waves not only at home but also in Europe. A bill passed by the House of Representatives last week, which...

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ExxonMobil Contests Russia Sanction Violation Fine

24.07.2017 - ExxonMobil is contesting a $2 million fine from the US Treasury Department for violating sanctions against doing business with Russia. The discussion revolves around a deal made...

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Aging Plants Come Under Scrutiny

19.07.2017 - Aging oil and petrochemical facilities are coming under increased public and regulatory scrutiny in the wake of recent incidents or suspected environmental violations. In Scotland...