Americas
Teel Plastics utilizing Kepware connectivity platform as IoT solution
PORTLAND, Maine -- Kepware, a PTC business developing industrial connectivity software, announced today that Teel Plastics, Inc. is utilizing the IoT Gateway for the KEPServerEX platform as its Internet of Things (IoT) solution. KEPServerEX provides Teel Plastics with a single source for industrial data—enabling increased productivity and product quality, reduced human errors and downtime, and a scalable IoT strategy.
Saudi Aramco, Shell to separate Motiva assets
HOUSTON -- Saudi Arabian Oil Company and Royal Dutch Shell plc announce the signing of binding definitive agreements between Saudi Refining, Inc. -- a wholly owned subsidiary of Saudi Aramco -- and SOPC Holdings East LLC -- a US downstream subsidiary of Shell -- on the separation of assets, liabilities and businesses of Motiva Enterprises LLC.
Exxon to invest $20 B on US Gulf Coast refining projects
HOUSTON (Reuters) -- ExxonMobil Corp, the world's largest publicly traded oil producer, said on Monday it would invest $20 billion through 2022 to expand its chemical and oil refining plants on the US Gulf Coast.
CERAWeek ’17: IEA expects global oil demand to rise, outpace supply after 2020
HOUSTON -- Global oil demand will continue to rise in the next five years, dominated by India and Asia, the International Energy Agency said Monday, March 6, during the first day of CERAWeek in Houston.
Oil whipsaws as production seen rising, more OPEC cuts discussed
NEW YORK (Reuters) -- Oil prices whipsawed Monday, turning negative after the International Energy Agency forecast potential shale oil growth and waning European refined product demand, which bodes poorly for global efforts to remove a glut.
White House weighs US biofuels program change, no position yet -official
WASHINGTON (Reuters) -- The Trump administration is reviewing the possibility of a key change to US biofuels policy requested by oil refiners and Carl Icahn, the billionaire investor and special advisor on regulations to President Donald Trump, a White House official said on Monday.
US energy stocks, darlings last year, stumble in 2017
NEW YORK (Reuters) -- The energy sector is the stock market's dud so far in 2017 after a banner performance in 2016, and the rest of the year may also be rocky for investors due to the unclear path for crude oil prices.
Berry Petroleum emerges from bankruptcy
Berry Petroleum Company LLC emerged from bankruptcy following confirmation of its Chapter 11 plan of reorganization by the Honorable Judge David R. Jones of the US Bankruptcy Court for the District of Texas in January.
Mammoet awarded contract for polymer expansion on Texas gulf coast
ROSHARON, Texas- Mammoet has been awarded a contract by Mitsubishi Heavy Industries America, Inc. (MHIA) to support a large polymer production plant expansion project on the Gulf Coast in Texas.
Imperial continues restart after fire, flaring expected
Imperial Sarnia continues to restart units following last week’s operational issue. As a result, visible flaring is expected to continue over the next several days.
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- BEL Valves supplies six-figure order for Europe’s largest processing plant 6/24
- INEOS responds to UK Government's industrial strategy 6/24
- RYAM, Verso Energy sign MoU to advance e-SAF and CO₂ utilization project in Georgia (U.S.) 6/24
- Chemistry researchers publish paper in outlining more efficient photoredox catalysis system 6/24
