Industry News
U.S. to Control Venezuela Oil Exports
This article is brought to you by: Pipe Exchange, Line Pipe in stock and ready for next day delivery. Washington plans to manage Venezuelan crude sales indefinitely as production struggles and foreign operators limit investment The United States will control...
Mat Tech Industrial Services Earns ABC STEP Platinum Award for Elite Safety Performance and Operational Excellence
HOUSTON, TX — Mat Tech Industrial Services today announced it has achieved the Platinum level in the Associated Builders and Contractors’ (ABC) STEP safety management system, the industry’s gold standard for measuring safety performance. This elite award recognizes...
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...