Industry News

The INEOS cracker in Lavera, France, has received the first deliveries of pyrolysis oil made from recycled plastic waste that it will use to make virgin-quality polymers

Baker Hughes is selling its Precision Sensors & Instrumentation (PSI) product line to Crane Company for a total cash consideration of approximately $1.15 billion.

In 2024, the United States produced a record amount of energy, according to data from the U.S. Energy Information Administration's Monthly Energy Review.

Companies have developed detailed programs for managing wide range of assets. However, unsustainability negatively impacts effectiveness of these programs. Reach out to us on how we can address sustainability through digital transformation.

Honeywell has acquired Sundyne from private equity firm Warburg Pincus for $2.16 billion.

LyondellBasell has entered into an agreement and exclusive negotiations with AEQUITA for the sale of four select olefins & polyolefins assets in Europe.

Irving Oil is investing $100 million into upgrading the fluid catalytic cracking unit (FCCU) at Canada's largest refinery.

Chart Industries, Inc. and Flowserve Corporation have entered into a definitive agreement to combine in a ~$19B all-stock merger of equals transaction.

Refiners across the globe are reaping unexpected profits from producing key fuels in recent weeks, offering an ailing sector respite before an anticipated weakening later this year, as plant closures have tightened fuel supply.

ONEOK has acquired the remaining 49.9% interest in Delaware Basin JV from NGP XI Midstream Holdings for $940 million. Delaware Basin JV owns natural gas gathering and processing facilities in West Texas and New Mexico.

DOE issues permit to the Sempra's Port Arthur LNG Phase 2 development project to allow the export of up to approximately 13.5 Mtpa of U.S.-produced LNG to non-FTA countries.

API invites SMEs, industry professionals, researchers, and practitioners to submit abstracts for the 2026 Inspection and Mechanical Integrity Summit.

Petroecuador on Thursday declared a 60-day emergency at the nation's largest oil refinery after a fire this week caused damage to some fuel tanks.

ExxonMobil has entered into exclusive negotiations with the French unit of Canadian energy group North Atlantic to divest its majority-owned subsidiary Esso.

The CSB has released its final investigation report addressing three serious chemical incidents involving toxic hydrogen fluoride (HF) at the Honeywell Performance Materials and Technologies facility in Geismar, Louisiana.

OCI Energy, CPS Energy, and LG Energy Solution Vertech sign MOU to advance 120 MW / 480 MWh energy storage project in San Antonio, Texas