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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...
Fluor Joint Venture Awarded Front End Engineering and Design for Proposed Second Phase of LNG Canada Facility in British Columbia

Fluor Joint Venture Awarded Front End Engineering and Design for Proposed Second Phase of LNG Canada Facility in British Columbia

by Efrain Garcia | Aug 8, 2025 | Downstream News

This News Article is Brought to You by: Southwest Pipe Services Where Surplus Pipe Can get a Second Home. IRVING, Texas–(BUSINESS WIRE)– Fluor Corporation (NYSE: FLR) announced today that its Joint Venture (JV) with JGC Corporation has been awarded the...
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