Keyword: oil and gas

News

AMEC Makes Definitive Offer for Foster Wheeler

17.02.2014 - In a combined share and cash deal, UK Engineering group AMEC has signed a definitive agreement to take over Swiss-based competitor Foster Wheeler. The transaction is expected to...

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Total Takes $500 Million Impairment on Barnett Shale Gas Field

14.02.2014 - French oil major Total said it took a $500 million hit on the Barnett gas shale area in Texas in 2013, due to the drop in gas prices in North America, where it has a joint venture...

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Sierra Club Sues U.S. Army Over Keystone Pipeline

13.02.2014 - U.S. conservation group Sierra Club has filed suit against the U.S. Army Corps in a San Francisco, California, federal court. It charges that the Corps has wrongly withheld records...

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Linde Wins Hydrogen Contract from Tatarstan Refinery

12.02.2014 - Gases and engineering group Linde has been tapped by oil refinery group PSC TAIF-NK to provide engineering and procurement services for two hydrogen plants it is building at...

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Versalis and Elevance Mull Renewable Ethylene at Porto Marghera

12.02.2014 - Versalis, petrochemicals subsidiary of Italian energy giant Eni, has signed a memorandum of understanding with U.S. biochemical company Elevance Renewable Sciences to assess the...

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San Leon Finds More Polish Shale

24.01.2014 - In the Lewino-1G2 vertical test well near Gdansk in northern Poland, gas exploration company San Leon Energy said it had found shale gas deposits that would yield up to 400,000...

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Sabic expects to Enter U.S. Shale Market This Year

23.01.2014 - Saudi chemical giant Sabic is in talks with American firms about investing in the U.S. shale gas industry, and expects to enter that market this year, CEO Mohamed al-Mady told the...

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Grangemouth Union Official Cleared of Criminal Charges

22.01.2014 - Stevie Deans, the former convenor for the trade union Unite at the Ineos petrochemicals site in Grangemouth, Scotland, who was at the center of the cliff-hanging industrial dispute...