Siemens will cut about 6,900 jobs, or close to 2 percent of its global workforce. more

Nov 17, 2017 9:48 AM Plant Management & Operations

Oil prices fell for a fourth session on Wednesday, weighed down by worries that data would show U.S. crude inventories rising after this week’s gloomy global demand outlook from the International Energy Agency (IEA). more

Nov 15, 2017 9:44 AM Refining/Petrochemical

The Nebraska Public Service Commission announced Monday it will issue its decision on whether to approve the permit to allow construction of the Keystone XL pipeline on Nov. 20. more

Nov 14, 2017 10:11 AM Pipeline/Transportation

Oil declined on Tuesday for a third day running as evidence of rising U.S. output and a gloomier outlook for demand growth in a report from the International Energy Agency (IEA) weighed on prices. more

Nov 14, 2017 10:04 AM Refining/Petrochemical

The U.S. Department of Justice on Friday pledged to prosecute protesters who damage oil pipelines and other energy infrastructure, a decision that could escalate tensions between climate activists and the administration of President Donald Trump. more

Nov 13, 2017 9:54 AM Health, Safety & Environmental

Royal Dutch Shell is selling part of its stake in Australia’s largest independent oil and gas company, Woodside Petroleum Ltd, to equity investors for about $1.7 billion. more

Nov 13, 2017 9:39 AM Natural Gas

The Brent oil price was steady at close to two-year highs on Monday, with support from Middle East tensions and record long bets by fund managers balanced by rising U.S. production. more

Nov 13, 2017 9:24 AM Refining/Petrochemical

Kinder Morgan

Hilton Price

Canada’s National Energy Board will take until at least Dec. 4 to review Kinder Morgan Canada Ltd’s appeal over its Trans Mountain oil pipeline expansion. more

Nov 10, 2017 9:17 AM Pipeline/Transportation

Carl Icahn


Billionaire investor Carl Icahn has been subpoenaed by the U.S. Justice Department over his efforts to overhaul the U.S. biofuels program during his time as an unpaid adviser to President Donald Trump, his company said in a securities filing. more

Nov 10, 2017 8:59 AM Refining/Petrochemical

China Energy Investment Corp, the world’s largest power company by asset value, has signed a memorandum of understanding (MOU) to invest $83.7 billion in shale gas, power and chemical projects in West Virginia. more

Nov 9, 2017 9:28 AM Refining/Petrochemical

China’s biggest state oil company Sinopec, one of the country’s top banks and its sovereign wealth fund agreed to develop a $43 billion natural gas project in Alaska. more

Nov 9, 2017 9:18 AM Natural Gas

ConocoPhillips will boost oil and natural gas output for the rest of the decade but vowed it would do so only when it was financially prudent and that it would strictly adhere to shareholder returns. more

Nov 9, 2017 9:11 AM Plant Management & Operations

Oil eased slightly on Wednesday as Chinese crude imports fell to a one-year low, but losses were partly offset by investor caution over rising political tensions in the Middle East. more

Nov 8, 2017 12:11 PM Refining/Petrochemical

Global demand for OPEC’s crude will rise in the next two years more slowly than expected, the group forecast, as a recovery in prices resulting from an OPEC-led supply cut stimulates renewed output growth from non-members. more

Nov 7, 2017 10:16 AM Refining/Petrochemical

While the world braces for the electric-vehicle revolution, Royal Dutch Shell is betting on growing appetite for asphalt and plastics to sustain its century-old oil refining business for the coming decades. more

Nov 6, 2017 9:53 AM Refining/Petrochemical

Oil prices hit their highest since July 2015 on Monday as Saudi Arabia’s crown prince cemented his power over the weekend with an anti-corruption crackdown, while markets continued to tighten. more

Nov 6, 2017 9:48 AM Refining/Petrochemical

Global oil consumption is growing rapidly, helping account for the decline in reported inventories, the recent surge in prices and the shift in futures markets from contango to backwardation. more

Nov 3, 2017 7:00 AM Refining/Petrochemical

How many barrels of oil does it take to buy one ounce of gold? Answer: fewer than at any time since the beginning of 2017. more

Nov 1, 2017 11:59 AM Refining/Petrochemical

Vistra Energy Corp said on Monday it would buy Dynegy Inc in an all-stock deal worth $1.74 billion, combining two Texas-based power producers in the latest merger in an industry dealing with shrinking profit margins. more

Oct 31, 2017 10:07 AM Power Generation

LyondellBasell Industries NV has approached Brazil’s Braskem SA for a potential takeover, valuing the petrochemicals company at more than $10 billion. more

Oct 31, 2017 9:51 AM Refining/Petrochemical

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

Oct 18, 2016 12:29 PM Industry Segments