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Viewpoint: A new value proposition for a licensor and EPC contractor
The drop in oil prices has changed the overall dynamics of the hydrocarbon processing industry (HPI), as well as reduced prices for petrochemical products. Approximately $150 B of oil and gas projects have been canceled or put on hold.
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Dr. Christoph Wegner will become president of BASF’s Information Services and Supply Chain Operations division, effective December 1, 2016.
Viewpoint: New challenges demand innovative solutions
As the industry works through the most volatile conditions in more than a generation, refiners are facing several challenges that will define the industry in the next decade.
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Courtney McShane has joined Willbros Group Inc. as director of business development for the Marcellus Shale region and Eastern Seaboard.
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Dr. Alexander Horch has been named as the new head of development at HIMA Paul Hildebrandt GmbH.
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Amec Foster Wheeler Plc named Halliburton executive Dr. Jonathan Lewis as chief executive officer (CEO), effective June 1.
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Elliott Group has made changes to its executive team. Michael Lordi has been named as chief operating officer (COO), succeeding Art Titus, who is retiring after nine years.
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Marathon Petroleum Corp. has named Gary Heminger, the company's president and CEO, to succeed Thomas Usher as chairman of the board, in addition to his current duties.
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Clariant has appointed Britta Fuenfstueck as a new member of its executive committee.
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Smaller-scale gas-to-liquids (GTL) specialist Velocys Plc has named David Pummell as chief executive officer (CEO).
- LanzaJet expands partnership with Microsoft to strengthen the company’s global growth 6/13
- Phelan Green Group's $2.6-B eMethanol project remains on schedule 6/13
- Algeria launches $7-B investment plan to expand hydrocarbon processing 6/13
- AFPM/API: President Trump officially overturns California (U.S.) gas car ban 6/12
- Decision on oil refiner Italiana Petroli's sale expected around end-June 6/12
- EIA: U.S. crude stocks fall, gasoline and distillate inventories rise as refining activity increases 6/12
