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CB&I's Supervisory Board of Directors announced it has approved the retirement of Philip K. Asherman from his role as President and Chief Executive Officer of CB&I and as a member of the company's Board effective July 1, 2017. more

May 25, 2017 10:08 AM Training & Human Resources

Switzerland-based Clariant and Texas-based Huntsman Corporation have agreed to combine in a merger of equals through an all-stock deal. more

May 24, 2017 1:14 PM M&A/Investment Banking Articles

President Donald Trump's proposal to sell half of the U.S. strategic oil reserve highlights a decline in the biggest oil user's reliance on imports - and a weaning off OPEC crude - as its domestic production soars. more

May 24, 2017 12:20 PM Tanks/Terminals/Storage

The Trump administration has tapped a former Louisiana utility regulator to lead the agency responsible for offshore oil and natural gas drilling safety, The Hill reported. more

May 22, 2017 3:29 PM Health, Safety & Environmental

After the first OPEC oil production cut in eight years took effect in January, oil traders from Houston to Singapore started emptying millions of barrels of crude from storage tanks. more

May 22, 2017 9:59 AM Drilling & Exploration

The shale boom has boosted natural gas liquid (NGL) supply and accessibility to these feedstocks will be a key driver of future petrochemical plant investments, analysts told Petrochemical Update. more

May 22, 2017 7:30 AM Drilling & Exploration