Exxon, Chevron CEOs Discussed Merger The chief executives of American oil companies ExxonMobil and Chevron held preliminary talks in early 2020 to explore…
Chesapeake Energy to emerge from bankruptcy court as a $5.13B enterprise Chesapeake Energy’s Chapter 11 bankruptcy plan was approved by a U.S. judge on Wednesday, giving lenders control…
SWAT Announces Acquisition of Hydroprocessing Associates Specialty Welding and Turnarounds, LLC (SWAT), a leading provider of specialty welding and other highly technical services to…
Tellurian seeks buyers for output from proposed Louisiana LNG export terminal Tellurian Inc. is in talks with unidentified Asian companies to sell almost half the liquefied natural gas output…
Aramco seeks to expand global footprint in chemicals Aramco President and CEO Amin Nasser was recognized by his peers in the global chemical industry as he…
LyondellBasell, Sasol form integrated polyethylene joint venture HOUSTON and JOHANNESBURG — LyondellBasell and Sasol have entered into a definitive agreement to form a 50/50…
Shell to divest 8 refineries from its portfolio Shell plans to reduce its refinery portfolio to six sites from 14 by 2025, the company said…
Schlumberger sells fracking unit to Liberty Oilfield Services HOUSTON — Oilfield services firm Schlumberger agreed to sell its North American shale fracking business to rival…
Panhandle Oil and Gas Inc. makes two acquisitions OKLAHOMA CITY — Panhandle Oil and Gas Inc. has agreed to acquire two packages of mineral and…
NRG Energy’s acquisition of Direct Energy approved PRINCETON, N.J. — NRG Energy Inc.’s proposed acquisition of Direct Energy, a North American business owned by…
Omega Partners acquires Oiltanking Joliet terminal MIDLAND, Texas — Patriot Environmental LLC has acquired Transwater Inc. of Midland. Transwater Inc. is a leading…
Omega Partners acquires Oiltanking Joliet terminal HAMBURG, Germany — Oiltanking North America LLC recently entered into an agreement to sell its Joliet, Illinois,…
Castleton Resources LLC completes Terryville acquisition HOUSTON — Castleton Resources LLC recently closed its acquisition of the Terryville upstream assets in northern Louisiana…
BHI Energy acquires Coastal Electrical Construction WEYMOUTH, Mass. — BHI Energy recently acquired Coastal Electrical Construction, a leading provider of substation, transmission and…
Southwestern Energy to acquire Montage Resources SPRING, Texas — Southwestern Energy Co. and Montage Resources Corp. have entered into a definitive merger agreement…
Celanese to sell Polyplastics joint venture to Daicel Corp. Celanese Corp. has reached a definitive agreement to sell its 45-percent equity investment in the Polyplastics joint…