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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...
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...
Phillips 66 announces 2026 capital budget $2.4 Billion

Phillips 66 announces 2026 capital budget $2.4 Billion

by Efrain Garcia | Dec 17, 2025 | Downstream News

This article is brought to you by: DFI Piling, leaders in helical piles HOUSTON, Dec. 15, 2025 – Phillips 66 (NYSE: PSX) today announced its 2026 capital budget of $2.4 billion, including $1.1 billion for sustaining capital and $1.3 billion for growth capital. “The...
INLINE SERVICES SPEED CONTROL PIG ANNOUNCES COLLABORATION WITH EV

INLINE SERVICES SPEED CONTROL PIG ANNOUNCES COLLABORATION WITH EV

by Efrain Garcia | Dec 11, 2025 | Downstream News

Tomball, TX, USA – December 11th, 2025 – Inline Services, a proud company in the Critical Infrastructure Holdings brand family and a leader in the Speed Control industry for 15 years has formally announced a partnership with EV. EV is part of the prestigious Enersol...
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Recent Posts

  • Occidental Completes $9.7B Sale of OxyChem to Berkshire Hathaway
  • Glenfarne, Posco International Corporation Finalize Strategic Alaska LNG Partnership and Project’s First HOA
  • Energy Transfer Announces Suspension of Development of Lake Charles LNG
  • Technip Energies awarded a large authorization by Commonwealth LNG for key equipment purchase orders
  • Air Products and Yara in Advanced Negotiations to Partner on Low-emission Ammonia Projects

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