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Shell and Showa Shell Sekiyu Supporting Relief Efforts in Japan

Dec 10, 2016

Shell’s Country Chairman for Japan, Chris Gunner, said “Our hearts are heavy as we reflect on the thousands of lives lost and the enormous damage due to the earthquakes and the tsunami. Shell has been part of the Japanese ...

Tags: Shell, Natural Gas

ExxonMobil Announces Retirement of Jack Balagia and Expected Election of Randall Ebner as Vice President and General Counsel

Oct 13, 2016

Jack Balagia, vice president and general counsel, Exxon Mobil Corporation (NYSE:XOM), has announced his intention to retire effective Nov. 1, 2016, after more than 18 years of service. It is anticipated that the board of directors will ...

Tags: Jack Balagia, vice president and general counsel, Randall Ebner

ExxonMobil Supports Development of Emerging Technologies at University of Texas at Austin Energy Institute

Sep 28, 2016

ExxonMobil announced today that it will invest $15 million as a leadership member of the University of Texas at Austin Energy Institute to pursue technologies to help meet growing energy demand while reducing environmental impacts and the ...

Tags: University of Texas, Austin Energy Institute

Exxonmobil Says Second Well Offshore Guyana Confirms Significant Oil Discovery

Sep 28, 2016

Exxon Mobil Corporation (NYSE:XOM) today said that drilling results from the Liza-2 well, the second exploration well in the Stabroek block offshore Guyana, confirm a world-class discovery with a recoverable resource of between 800 million ...

Tags: drilling results, Liza-2 well, significant oil discovery

ExxonMobil Announces Retirement of Alan Kelly and Expected Appointment of Bryan Milton as President, Exxonmobil Fuels, Lubricants & Specialties Marketing Company

Sep 28, 2016

Alan Kelly, president of ExxonMobil Fuels, Lubricants & Specialties Marketing Company, has announced his intention to retire effective Aug. 1, 2016, after more than 34 years of service. It is anticipated that the board of directors of ...

Tags: Alan Kelly, retirement, Bryan Milton

ExxonMobil and Georgia Tech Innovation Could Lead to Significant Cuts in Chemical Manufacturing Energy Use and Emissions

Sep 28, 2016

Molecular-level filter could revolutionize energy-intense chemical process Significantly reduces amount of energy used in polyester and plastic manufacturing Research published in nation’s leading peer-reviewed journal, ...

Tags: ExxonMobil, Georgia Tech, energy use

ExxonMobil to Acquire InterOil in Transaction Worth More Than $2.5 Billion

Sep 28, 2016

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

Angela Braly Elected to Exxonmobil Board

Sep 28, 2016

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 ...

Tags: Exxon Mobil, Angela Braly, board of directors

Saudi Refining, Inc. and Shell Sign Letter of Intent to Separate Motiva Assets

Sep 28, 2016

Saudi Arabian Oil Company ("Saudi Aramco") through its wholly owned Saudi Refining Inc. ("SRI") subsidiary and Royal Dutch Shell plc ("Shell"), through its U.S. downstream affiliate, announce today they have signed a non-binding Letter of ...

Tags: Saudi Aramco, SRI, Motiva

European Commission Approves Trading Group Trafigura's Stake in Zinc Producer Nyrstar

Dec 18, 2015

The European Commission has cleared commodities trading group Trafigura's minority holding in Belgium-based zinc and lead producer Nyrstar. In November, Trafigura told the EC its minority 20.02% stake in Nyrstar -- held through its ...

Tags: Nyrstar, Zinc, lead metal

Trafigura Grows Trading Volumes Amid Crude Oil Oversupply, Volatility

Dec 15, 2015

Switzerland-based commodity trading house Trafigura said Monday that falling oil prices, significant volatility, structural oversupply and the emergence of contango price structures have created significant opportunities in the crude and ...

Tags: Trafigura, oil prices, crude oil

European Commission Assessing Possible Trafigura 'de Facto' Control of Nyrstar

Nov 4, 2015

The European Commission is seeking comments on whether the shareholding of Netherlands-based commodities trading group Trafigura in Belgium-based zinc and lead producer Nyrstar amounts to the company taking "de facto sole control" of ...

Tags: Nyrstar, metals, international commodity traders

R. E. Carrol Acquires JH Calo Company

Aug 20, 2015

R.E. Carroll, Inc. distributor of specialty chemicals and petroleum products located in Ewing, New Jersey has acquired JH Calo Company, also a distributor of specialty chemicals located in Westbury, New York. JH Calo will operate as a ...

Tags: chemicals, R.E.Carroll, JH, company acquisition

Kenya, Uganda Agree on Crude Oil Pipeline Route

Aug 12, 2015

Kenyan President Uhuru Kenyatta and his Ugandan counterpart Yoweri Museveni have agreed on a pipeline route for crude oil export. In a communiqué issued at the end of a three-day visit by the Kenyan President to the neighbouring ...

Tags: Crude Oil, Oil Pipeline

The Government Allay Fears of Traders Over "Complexities" of The GST

Jul 10, 2015

The government has sought to allay fears of traders over "complexities" of the Goods and Services Tax (GST) with finance minister Arun Jaitley saying that the proposed taxation system will end the cobweb of various taxes and "miseries" ...

Tags: textile manufacture, GST

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