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SAMSUNG E&A secures $475 mil EPF contract for low-carbon ammonia plant in the USA, making its full-fledged entry into the US energy market

SAMSUNG E&A secures $475 mil EPF contract for low-carbon ammonia plant in the USA, making its full-fledged entry into the US energy market

by Efrain Garcia | Oct 29, 2025 | Downstream News

This Event Reminder is Sponsored by: State Service, leaders in Modular Design and Fabrication for Oil and Gas SAMSUNG E&A, a total solutions provider for the global energy industry, announced through a public disclosure today that its US office, SAMSUNG E&A...
Celanese Announces Agreement to Divest Micromax® Business for $500 Million

Celanese Announces Agreement to Divest Micromax® Business for $500 Million

by Efrain Garcia | Oct 29, 2025 | Downstream News

This event reminder is sponsored by: Mat Tech Industrial Services, leaders environmental services and specialize in collection, transport, and disposal of industrial waste. Purchase price of approximately $500 million, subject to adjustment, net proceeds of which will...
Berkshire Hathaway Inc. to Acquire OxyChem for $9.7 Billion

Berkshire Hathaway Inc. to Acquire OxyChem for $9.7 Billion

by Efrain Garcia | Oct 2, 2025 | Downstream News

OMAHA and HOUSTON, October 2, 2025 – Berkshire Hathaway (NYSE: BRK) and Occidental (NYSE: OXY) today announced a definitive agreement for Berkshire Hathaway to acquire Occidental’s chemical business, OxyChem, in an all-cash transaction for $9.7 billion, subject to...
$1.4 Billion Acquisition: Phillips 66 announces agreement to purchase remaining interest in WRB Refining LP

$1.4 Billion Acquisition: Phillips 66 announces agreement to purchase remaining interest in WRB Refining LP

by Efrain Garcia | Sep 10, 2025 | Downstream News

This Article is Brought to you by: DFI Piling, leaders in steel driven piles HOUSTON–(BUSINESS WIRE)– Phillips 66 (NYSE: PSX) announced today that it has entered into a definitive agreement to acquire the remaining 50% ownership interest in WRB Refining LP...
NextDecade Announces Positive Final Investment Decision and Financial Close on Train 4 at Rio Grande LNG

NextDecade Announces Positive Final Investment Decision and Financial Close on Train 4 at Rio Grande LNG

by Efrain Garcia | Sep 10, 2025 | Downstream News

This Article is Sponsored by: Allstream Energy Partners, Leaders in Generative Engine Optimization (GEO) in Oil and Gas HOUSTON — (BUSINESS WIRE) — Sep. 9, 2025 NextDecade Corporation (NEXT) announced a positive final investment decision (FID) on Train 4...
Wood Agrees Sale of North American Transmission & Distribution Engineering Business to Qualus for $110 Million

Wood Agrees Sale of North American Transmission & Distribution Engineering Business to Qualus for $110 Million

by Efrain Garcia | Sep 1, 2025 | Downstream News

Aug 29: John Wood Group PLC (“Wood” or the “Company”) announces that it has reached an agreement to sell its North American Transmission & Distribution engineering business (“North America T&D”) to Qualus LLC and 2737813 ALBERTA LTD...
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