LyondellBasell Industries NV will buy smaller rival A. Schulman Inc (SHLM.O) for $1.24 billion, doubling the size of its business that supplies plastic compounds to the packaging, electronics and building markets. more

Feb 16, 2018 8:41 AM Refining/Petrochemical

Brazil’s state-controlled oil company, Petróleo Brasileiro SA, had started taking steps to sell its refinery in Pasadena, Texas, an installation ensnared in Brazil’s largest corruption scandal. more

Feb 14, 2018 10:08 AM Refining/Petrochemical

U.S. energy companies added 26 oil rigs this week, boosting the count to 791, its highest since April 2015. more

Feb 12, 2018 10:15 AM Drilling & Exploration

Oil rose on Monday, recouping some of last week’s steep losses as global equities steadied after their biggest one-week decline in two years. more

Feb 12, 2018 9:52 AM Refining/Petrochemical

Oil prices fell for a sixth day on Friday, and were on track for their biggest weekly losses in 10 months, as record-high U.S. crude output added to concerns about a sharp rise in global supplies. more

Feb 9, 2018 10:22 AM Refining/Petrochemical

Energy Transfer Partners LP provided U.S. federal energy regulators with an analysis of residential water wells in the vicinity of the company’s drilling site under the Tuscarawas River in Ohio as part of its Rover natural gas pipeline project. more

Feb 6, 2018 9:41 AM Midstream

BP’s profits more than doubled in 2017 to $6.2 billion powered by higher prices and output of oil and gas, allowing the company to resume share buybacks as it recovers from a three-year downturn. more

Feb 6, 2018 9:23 AM Refining/Petrochemical

Oil prices neared their lowest in a month on Monday as rising U.S. output and a weaker physical market added to the pressure from a widespread decline across equities and commodities. more

Feb 5, 2018 9:37 AM Refining/Petrochemical

The liquefied natural gas market is growing every year, but the terminals that ship and receive the fuel are shrinking. more

Feb 5, 2018 9:28 AM Natural Gas

U.S. President Donald Trump will outline his much-anticipated infrastructure plan in his State of the Union speech on Tuesday, but details will not be unveiled until mid-February. more

Feb 2, 2018 12:59 PM Maintenance & Reliability

Oil rose for a third day on Friday after a survey showed strong compliance with output cuts by OPEC and others including Russia, offsetting concerns about surging U.S. production. more

Feb 2, 2018 9:13 AM Refining/Petrochemical

Oil prices are unlikely to advance much higher than $70 a barrel in 2018, with the market caught between the opposing forces of OPEC-led production cuts and surging U.S. output. more

Jan 31, 2018 9:11 AM Refining/Petrochemical

The revolution in U.S. shale oil has battered Canada’s energy industry in recent years, ending two decades of rapid expansion and job creation in the nation’s vast oil sands. more

Jan 30, 2018 11:22 AM Drilling & Exploration

The Diamond Pipeline has scrambled crude oil flows around the U.S. Gulf Coast and Midwest since it opened in December, cutting supply at the Cushing hub and hammering Louisiana oil prices. more

Jan 30, 2018 11:13 AM Pipeline/Transportation

Oil prices settled lower on Monday, pressured by a strengthening dollar and rising U.S. crude output, but prices remained on track for the biggest January increase in five years. more

Jan 30, 2018 11:05 AM Refining/Petrochemical

Oil eased below $70 a barrel on Monday as rising U.S. output undermined efforts led by OPEC and Russia to tighten supplies, but prices were still on track for their strongest start to the year in five years. more

Jan 29, 2018 10:04 AM Refining/Petrochemical

Royal Dutch Shell has spent over $400 million on a range of acquisitions in recent weeks, from solar power to electric car charging points, cranking up its drive to expand beyond its oil and gas business and reduce its carbon footprint. more

Jan 26, 2018 9:14 AM Renewables

Ohio environmental regulators again asked federal energy regulators to order Energy Transfer Partners to cease drilling operations on the Rover natural gas pipeline project under the Tuscarawas River over concern about the potential for a spill. more

Jan 25, 2018 10:07 AM Drilling & Exploration

California’s attorney general on Wednesday said the state plans to sue the Trump administration over its repeal of Obama-era rules meant to address public safety concerns in hydraulic fracturing, or fracking. more

Jan 25, 2018 9:55 AM Health, Safety & Environmental

The bodies of five people killed in an Oklahoma oil well explosion were recovered on Tuesday afternoon in a building adjacent to the drilling site outside of Quinton, Oklahoma. more

Jan 24, 2018 11:00 AM Emergency Response & Fire Rescue/Security

Double Eagle Energy Permian LLC is now worth nearly $3 billion. more

Oct 18, 2016 12:29 PM Industry Segments

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