ExxonMobil to pay $45 per share plus additional cash payment based on Elk-Antelope resource size Boards of directors of both companies unanimously approve terms of agreement Acquisition adds to ExxonMobil resources in successful ...
Tags: ExxonMobil, InterOil, transaction
IRVING, Texas--(BUSINESS WIRE)--Exxon Mobil Corporation (NYSE:XOM) announced today that its shareholders elected Angela Braly to its board of directors. Braly is the former chairman, president and chief executive officer of health insurance ...
Responding to the changing landscape by re-shaping Shell Setting out an agenda for 2020 and beyond: grow free cash flow per share and returns Taking action to manage the down-cycle: delivering on lower costs, lower and more ...
After signing the agreement, Wang Yupu (R) shakes hands with Igor Sechin (L). On Sept. 2, Sinopec and Russia’s Rosneft signed at the Eastern Economic Forum a binding agreement on a joint prefeasibility study for the construction and ...
Tags: Sinopec, Rosneft, joint prefeasibility study
Shell announces today that production has started from the Stones development in the Gulf of Mexico. Stones is expected to produce around 50,000 barrels of oil equivalent per day (boe/d) when fully ramped up at the end of 2017. The host ...
Tags: Shell, Stones development, production
Deal marks progress against divestment target. Royal Dutch Shell plc, through its affiliate Shell Offshore Inc. (Shell), today announces it has an agreement to sell 100 percent of its record title interest in Gulf of Mexico Green Canyon ...
China's industrial profits rose 19.5 percent year on year to 534.8 billion yuan (about 80.3 billion U.S. dollars) in August, official data showed Tuesday. The growth rate was faster than the 11-percent increase registered one month ...
LGC Capital’s Canadian joint venture partner Groombridge Trading(GTC) will invest in Cuba’s Empresa Agro Industrial Victoria de Giron (EAIVG) to expand its production capacity. The investment will enable EAIVG to increase ...
Tags: LGC, GTC, EAIVG, investment
China's crude oil output fell 9.9 percent year on year in August, the biggest monthly drop since 2003 as refineries slashed production amid sluggish global oil prices, data from the National Bureau of Statistics showed Monday. Imports, on ...
Tags: crude oil, oil prices
Weir Gabbioneta has invested more than €30 million in a new 18 000 sq ft manufacturing facility in Milan, Italy. The new plant, which includes larger testing capability for more powerful pumps, will allow Weir Gabbioneta to expand ...
Kelair Pumps Australia has launched a new look website at www.kelairpumps.com.au providing richer product information, enhanced search functionality and access to a variety of improved selection tools. Technical data, catalogues, videos ...
Tags: Kelair Pumps Australia, webside
Atlas Copco’s purchase of Italian manufacturer Varisco has enhanced its position in the pumps business and dewatering applications. We discover what Varisco brings to the group and how the Portable Energy division intends to move ...
TriMas announced financial results for the quarter ended 30 June 2016. The Company reported second quarter net sales from continuing operations of $203.3 million, a decrease of 9.6% compared to second quarter 2015. The Company reported ...
Raytheon UK's Integrated Power Solutions (IPS) business unit in Glenrothes, Scotland, has developed a high-temperature, small-form-factor bridge leg power module. Aimed at high-speed switching applications, the module has potential uses in ...
Tags: Raytheon, Electrical Switching
Owens Corning (OC) has acquired InterWrap, a British Columbia based manufacturer of roofing underlayment and packaging materials, for $450m. InterWrap, through its facilities in the US, Canada, India and China, produces synthetic roofing ...
Tags: Owens Corning, InterWrap