Business Wire

  1. Ensco Plc And Rowan Companies Plc Merge To Form Ensco Rowan Plc, Industry-Leading Offshore Driller

    Ensco Rowan plc  (“EnscoRowan” or the “Company”), recently announced the completion of the previously disclosed merger of Ensco plc (“Ensco”) and Rowan Companies plc (“Rowan”), which follows the satisfaction of the transaction’s closing conditions including overwhelming approval by each company’s shareholders and sanction by the UK Court of the scheme of arrangement implementing the transaction.

  2. Brightmark Energy Launches Central Washington’s First Dairy Biogas Project

    Brightmark Energy, a San Francisco-based waste and energy development company, recently launched a biogas project in Yakima County, Washington, that will convert 150,000 gallons per day of dairy waste from up to 7,000 cows into 160,000 MMBtu of renewable natural gas (RNG) – the equivalent of 1.4 million gallons of gasoline – and other products each year

  3. Stonepeak Infrastructure Partners To Acquire Oryx Midstream

    Affiliates of Quantum Energy Partners, Post Oak Energy Capital, Concho Resources, WPX Energy and other investors announced recently that they have entered into a binding agreement to sell substantially all of the assets of Oryx Southern Delaware Holdings LLC and Oryx Delaware Holdings LLC (collectively, “Oryx”) to funds managed by Stonepeak Infrastructure Partners (“Stonepeak”) for a cash purchase price of approximately $3.6B.

  4. ExxonMobil Invests In Singapore Integrated Complex To Upgrade Product Slate To Higher-Value Lube Base Stocks, Distillates

    ExxonMobil said recently that it has made a final investment decision on a multi-billion dollar expansion of its integrated manufacturing complex in Singapore to convert fuel oil and other bottom-of-the-barrel crude products into higher-value lube base stocks and distillates.

  5. H2scan To Launch New HY-ALERTA Gen 5 Fixed Area Hydrogen Gas Safety Monitor For Fast Hydrogen Measurement And No Maintenance

    H2scan, a leading provider of proven, proprietary hydrogen sensors and products for industrial markets, recently announced its plans for a HY-ALERTA™ Gen 5 fixed-area monitor for fast hydrogen-specific leak detection and safety monitoring.

  6. ExxonMobil Provides $300,000 To Support Relief Efforts In Mozambique Following Cyclone Idai

    ExxonMobil said recently that it is providing $300,000 to aid agencies to support disaster relief and recovery efforts in Mozambique following Cyclone Idai, which made landfall on March 14.

  7. ExxonMobil Updates Growth Plans, Significant Additional Upside Possible

    ExxonMobil today said it has updated its growth plans and expects annual earnings potential to increase by more than 140 percent by 2025 from 2017 adjusted earnings, assuming an oil price of $60 per barrel and based on 2017 margins.

  8. ExxonMobil To Increase, Accelerate Permian Output To 1M Barrels Per Day By 2024

    ExxonMobil said recently it has revised its Permian Basin growth plans to produce more than 1M oil-equivalent barrels per day by as early as 2024 – an increase of nearly 80 percent and a significant acceleration of value.

  9. TechnipFMC Completes Remaining Conditions With MIDOR, Enabling Work To Commence On Refinery Expansion And Modernization Project In Egypt

    TechnipFMC has successfully completed the remaining conditions required to enable work to commence on the Engineering, Procurement, and Construction (EPC) contract by Middle East Oil Refinery (MIDOR) for the modernization and expansion of their existing complex near Alexandria, Egypt.

  10. ExxonMobil To Fund Polypropylene Unit To Expand Baton Rouge Operations

    ExxonMobil said recently that it will fund the construction of a new polypropylene production unit in Baton Rouge that will expand production capacity along the Gulf Coast by up to 450,000 tons per year.