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Occidental Completes $9.7B Sale of OxyChem to Berkshire Hathaway

Occidental Completes $9.7B Sale of OxyChem to Berkshire Hathaway

by Efrain Garcia | Jan 2, 2026 | Downstream News

HOUSTON, Jan. 02, 2026 (GLOBE NEWSWIRE) — Occidental (NYSE: OXY) announced today it has completed the sale of its chemical business, OxyChem, to Berkshire Hathaway (NYSE: BRK.A, BRK.B) for $9.7 billion in cash, subject to customary purchase price adjustments. “This...
Glenfarne, Posco International Corporation Finalize Strategic Alaska LNG Partnership and Project’s First HOA

Glenfarne, Posco International Corporation Finalize Strategic Alaska LNG Partnership and Project’s First HOA

by Efrain Garcia | Dec 27, 2025 | Downstream News

This article is brought to you by: DFI Piling, leaders in steel driven piles WASHINGTON, DC (December 4, 2025): Glenfarne Alaska LNG, LLC (“Glenfarne”) and POSCO International Corporation have announced the companies signed definitive agreements finalizing the...
Energy Transfer Announces Suspension of Development of Lake Charles LNG

Energy Transfer Announces Suspension of Development of Lake Charles LNG

by Efrain Garcia | Dec 22, 2025 | Downstream News

This article is brought to you by: DFI Piling, leaders in steel driven piles Energy Transfer Cites Focus on Capital Allocation Discipline DALLAS–(BUSINESS WIRE)–Dec. 18, 2025– Energy Transfer LP (NYSE:ET) announced today that it is suspending...
Technip Energies awarded a large authorization by Commonwealth LNG for key equipment purchase orders

Technip Energies awarded a large authorization by Commonwealth LNG for key equipment purchase orders

by Efrain Garcia | Dec 22, 2025 | Downstream Projects

This article is brought to you by: State Service, leaders in Modular Fabrication Technip Energies (PARIS:TE) has received a large(1) authorization from Commonwealth LNG which includes the issuance of purchase orders for the key equipment needed for its 9.5 Mtpa(2)...
Air Products and Yara in Advanced Negotiations to Partner on Low-emission Ammonia Projects

Air Products and Yara in Advanced Negotiations to Partner on Low-emission Ammonia Projects

by Efrain Garcia | Dec 18, 2025 | Downstream News

This article is brought to you by: Failure Prevention Associates, leaders in vibration analysis training Plans connect Air Products’ low-emission ammonia projects in the U.S. and Saudi Arabia with Yara’s world-scale ammonia network. Final Investment Decisions by both...
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