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Dover Fueling Solutions announced it has entered into a three-year agreement to provide wetstock monitoring services to Mountain Express Oil Company, of Acworth, Georgia.
Saudi Aramco has agreed to acquire 70% stake in petrochemical giant Saudi Basic Industries Corporation (SABIC) from the Public Investment Fund of Saudi Arabia for SAR259.12bn ($69.1bn).
Wood has bagged a new contract from Sinochem Quanzhou Petrochemical for its 1MTA ethylene and refinery expansion project in China.
McDermott International has bagged an engineering, procurement and construction management (EPCM) contract from Unipetrol for its Litvinov refinery in Czech Republic.
Origin Americas (Origin) has completed the acquisition of the assets of Flex Oil Service and Safeway Oil Recovery (Flex Oil), one of the largest independent collectors of used automotive oil in the gulf coast.
Sri Lankan Prime Minister Ranil Wickremesinghe has laid the foundation stone on a new $3.85bn oil refinery in Hambantota in the country’s Southern Province.
The Abu Dhabi National Oil Company (ADNOC) has signed two Memorandum of Understandings (MoUs) with OMV and one with Austria-based Borealis to explore new opportunities for collaboration in the downstream sector.
GlobalData predicts China will account for the largest single majority of petrochemical capacity additions between now and 2030
UK-based Ophir Energy and Medco Energi have agreed to the terms of a sweetened all-cash deal under which the Indonesian oil and gas company will acquire the former for about £408.4m.
McDermott International, Inc. (NYSE: MDR) today announced that it has been awarded a large* technology contract for the basic engineering and licensing of Irkutsk Oil Company's (IOC) 650 KTA ethylene plant in Russia, plus the detailed engineering and material supply of six SRT (Short Residence Time) pyrolysis heaters for the plant.
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