Industry News
Carbon Locked by Locke Solutions
Carbon Locked by Locke The concrete industry has been facing pressure to reduce its carbon footprint due to concerns about sustainability and the environment. In fact, the Portland Cement Association estimates that the manufacture of a cubic yard of concrete, which...
Nucor Enters Into Carbon Capture & Storage Agreement with ExxonMobil
"Nucor Enters Into Carbon Capture & Storage Agreement with ExxonMobil ExxonMobil will capture, transport and store carbon from Louisiana DRI plant CHARLOTTE, N.C., June 1, 2023 /PRNewswire/ -- Nucor Corporation (NYSE: NUE) announced today that it has signed an...
05/31: Kinder Morgan to Increase Storage Capacity on Its Texas Intrastate System Expansion project will increase working storage capacity by more than 6 Bcf
05/31/2023 "Kinder Morgan to Increase Storage Capacity on Its Texas Intrastate System Expansion project will increase working storage capacity by more than 6 Bcf HOUSTON--(BUSINESS WIRE)-- Kinder Morgan, Inc. (NYSE: KMI) today announced its plan to expand the working...
June 1: Technip Energies, LyondellBasell and Chevron Phillips Chemical Sign MOU for Electric Cracking Ethylene Furnace – Channelview, TX
June1, 2023: "Electric cracking furnace aspires to advance the global energy transition by taking steps toward decarbonizing the olefins production process. Demonstration unit, capable of utilizing low CO2 electricity, will be built at commercial scale. Technip...
BREAKING: $5.56 Billion Investment – New Refinery in Cushing, OK by Southern Rock Energy Partners, LLC
"CUSHING – The Cushing Economic Development Foundation, Inc. and the City of Cushing, Oklahoma are excited to announce that Southern Rock Energy Partners, LLC (SREP) has selected Cushing as the site for the United States’ next generation, full conversion crude...
ANYbotics and Watch Robotics Announce Partnership for Key US Markets
Scaling autonomous inspection for large facility operations in Houston within the Oil & Gas, Chemicals, and Power sectors. ANYbotics continues to expand its presence in the U.S., appointing Watch Robotics as a reseller partner for Texas and Louisiana....
May 22: BISD Breaks Ground on New CTE Center at Brazosport High School
Brazosport ISD held the official groundbreaking ceremony for the state-of-the-art Career and Technical Education (CTE) Center at Brazosport High School. The ceremony was held on May 22, 2023, marking a significant milestone in the district's commitment to providing...
Downstream NEWS May 15 : $121.7 Million Final Investment Decision Shell Catalysts & Technologies Announces Expansion of World-Scale Facility in Port Allen
PORT ALLEN, La. – Shell Catalysts & Technologies announced a final investment decision of $121.7 million to expand its West Baton Rouge Parish facility. Improvements to the flagship plant will increase production of high-performance catalysts used to generate a...
May NEWS: INEOS completes major $1.4 billion acquisition of US onshore oil and gas assets
INEOS Energy has completed the acquisition of approximately 2,300 wells producing net 36,000 BOED (barrels of oil equivalent per day) in the Eagle Ford shale, from Chesapeake Energy. The deal marks the entry of INEOS Energy as operator into the US onshore oil &...
BREAKING NEWS: $18.8 Billion Acquisition : May 14th – ONEOK to Acquire Magellan Midstream Partners in a Transaction Valued at $18.8 Billion
May 14, 2023 ONEOK TO ACQUIRE MAGELLAN MIDSTREAM PARTNERS IN TRANSACTION VALUED AT $18.8 BILLION Brings together two premier energy infrastructure businesses with strong returns on invested capital and diverse free cash flow generation Expect to achieve immediate...