GE acquired Doosan Engineering for $250 mln
GE Power today announced that it has signed a purchase agreement to acquire the Heat Recovery Steam Generator (HRSG) business of Doosan Engineering & …
Business & Management
Petrobras is considering a $15bln divestment plan
Petrobras has entered exclusive talks with Brookfield Asset Management Inc. over the sale of natural gas pipeline unit Nova Transportadora do Sudeste SA (NTS), …
Shell is reportedly preparing the field for an ethane cracker in Marcellus/Utica basins area
A real estate trust specializing in the ownership and management of retail shopping malls may have provided a clue to Royal Dutch Shell Plc’s plans for its …
GE enters the container ship industry with a contract with Maersk Line
GE’s Marine Solutions announces the expansion of its offering with the signing of a key contract to provide the latest in auxiliary electric systems to …
Air Products sold its Performance Material Division to Evonik for $3.8bln
Air Products announced that it has signed a definitive agreement today to sell the Performance Materials Division (PMD) of its Materials Technologies segment …
AWE refused an offer from Lone Star
Australian oil and gas company AWE Ltd said on Wednesday it had rejected a A$421 million ($311 million) takeover approach from US-based private equity fund …
Amec Foster Wheeler and DeltaValve signed a strategic partnership
Amec Foster Wheeler and DeltaValve, LLC, a leading provider of equipment and control systems for the delayed coking segment of the refining industry, have …
Husky Energy sold pipeline interests to Hong Kong giant
Husky Energy has reached an agreement under which 65 percent of its ownership interest in select midstream assets in the Lloydminster region of Alberta and …
Total is taking the final steps for Yamal LNG Project funding
French oil and gas company Total is in the final stage of negotiating the equivalent of $4 billion of financing with Russian banks to fund the Yamal LNG …
Gazprom and Shell are discussing the future of Nord Stream 2
A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Ben van Beurden, Chief Executive Officer of Shell, took place in St. …