Industry News
Occidental Completes $9.7B Sale of OxyChem to Berkshire Hathaway
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
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
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 development of the...
Technip Energies awarded a large authorization by Commonwealth LNG for key equipment purchase orders
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
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
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
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...
Wood wins 10-year maintenance contract for Rio Grande LNG facility
This article is brought to you by: Failure Prevention Associates, leaders in vibration analysis training Published: 11 December 2025 John Wood Group PLC ('Wood’ or ‘the Company’) has secured a significant ten-year contract with NextDecade to deliver maintenance...
Exxon Mobil, NextEra Partner on New 1.2-GW Power Plant for Data Center Site
This article is brought to you by Failure Prevention Associates, leaders in vibration analysis training NextEra expands its data-center power strategy with Exxon’s carbon-capture gas generation and new large-scale campus deals with Google amid surging AI electricity...
Failure Prevention Associates Champions “The Speed of Reliability” at 39th International Maintenance Conference – IMC 2025
Failure Prevention Associates Champions “The Speed of Reliability” at 39th International Maintenance Conference (IMC) 2025 Leading Houston-Based Reliability Experts to Showcase the Synergy of Human Expertise and AI-Driven Vibration Analysis in Marco Island, FL....