Industry News

In order to keep the Inspectioneering community up-to-date with current events and breaking stories, we routinely share relevant, useful, and/or interesting stories related to the topics we cover and the industries we serve.


Element Fuels Holdings, a Dallas-area startup, is proposing to build the first all-new U.S. oil refinery in nearly 50 years.


The startup of Golden Pass LNG, the $11 billion joint venture LNG project in Texas, has been delayed by at least six months due to construction turmoil.


Energy producers, refiners, investment funds, and bankers increasingly have shown interest in Citgo's Corpus Christi refinery.


Talks on the sale of Shell's stake in Mineraloelraffinerie Oberrhein GmbH (MiRO) to Czech state-owned pipeline operator MERO have ended without an agreement.

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Aramco is in talks with U.S. firms Tellurian and NextDecade on two separate liquefied natural gas (LNG) projects.


U.S. exports of LNG rebounded in May as Freeport LNG returned to full production and as more supplies flowed to Asia.


A strike by chemical unit workers at an ExxonMobil petrochemical complex will remain suspended through June 4 while talks are held over severance packages.


U.S. crude oil refiners aim to operate above 90% of their combined processing capacity for the remainder of the quarter after completing planned overhauls.


ConocoPhillips and Marathon Oil Corporation announced today that they have entered into a definitive agreement pursuant to which ConocoPhillips will acquire Marathon Oil in an all-stock transaction with an enterprise value of $22.5 billion.

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Tellurian Inc. and Aethon Energy Management LLC announced an agreement for Aethon to acquire Tellurian’s integrated upstream assets for $260 million.


Energy Transfer and WTG Midstream announced that they have entered into a definitive agreement pursuant to which Energy Transfer will acquire WTG Midstream.


Petronas said its LNG complex in Bintulu was fully restored on Sunday, more than a week after a power loss incident disrupted normal operations.


British energy infrastructure operator National Grid said it is looking to sell its Grain LNG terminal in Britain, Europe's largest such facility.


Abu Dhabi National Oil Company (ADNOC) has acquired an 11.7% stake in NextDecade's Rio Grande liquefied natural gas export facility in Texas.


Phillips 66 announced today it has agreed to acquire Pinnacle Midland Parent LLC from private equity firm Energy Spectrum Capital.

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