Iran will start accepting oil deal tenders at the end of September
According to a public statement of Tuesday, Iran plans to hold an oil and gas bidding round for foreign firms from late September, Ali Kardor, managing …
Business & Management
Velan will have a non-Velan-family CEO
Tom Velan, Chairman of the Board and CEO of Velan Inc., announced his plan to retire from his CEO position, effective March 1st, 2017. On that date, Yves …
INEOS will upgrade the Hull plant in Scotland
INEOS Oxide is today announcing a multi-million pound expansion of its Hull manufacturing facility to increase production of Ethyl Acetate (EtAc) by 100,000 …
Technip/FMC merger greelit by US Antitrust regulators
Technip amd FMC Technologies, Inc. announced that the pending merger transaction between the companies has received an early decision from the United States …
Exxon and Qatar Petroleum are reportedly trying to acquire stakes from Eni and Anadarko in Mozambique
According to Worldoil, Exxon Mobil Corp. and Qatar Petroleum have teamed up to look at energy assets in Mozambique, home to some of the biggest natural gas …
Rosneft and ChemChina ready for a joint venture
Rosneft CEO Igor Sechin and China National Chemical Corporation Chairman Ren Jianxin have signed Heads of Agreement for cooperation in respect of Far Eastern …
Putin will sell a 19.5% of Rosneft to China and India investors
According to Bloomberg, Russia is seeking buyers for 19.5 percent of state oil champion Rosneft OJSC and would prefer a joint deal with the two nations leading …
Borealis is investing in its steam cracker facility
Borealis, a leading provider of innovative solutions in the fields of polyolefins, base chemicals and fertilizers, announces a EUR 40 million investment to …
There is a new Chief of Gorgon LNG Project
Chevron Corp. has appointed a new chief executive for its Australian operations after starting production at its $54 billion Gorgon LNG project, which last …
Is Bayer acquiring Monsanto?
German healthcare and agricultural giant Bayer confirmed on Thursday morning it is in preliminary discussions on a takeover of Monsanto, one of the biggest …