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Latest News | Top Stories |
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ExxonMobil to increase production of base stock
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AP
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36 minutes ago
ExxonMobil Corp. said Monday it will produce an additional 15 thousand tons annually of high-viscosity polyalphaolefins, a base stock used for lubricants, greases and fluids.
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ExxonMobil Chemical Increases Availability of Spectrasyn Polyalphaolefins
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Business Wire
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1 hour, 39 minutes ago
HOUSTON----ExxonMobil Chemical announced today the availability of an additional 15 thousand tons per year of high viscosity polyalphaolefins production. This additional production, achieved through a custom manufacturing arrangement, will help the company meet growing demands for its high-performance PAO fluids.
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Shell Poised for Shale Gas in China
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Zacks.com
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Mon 10:17 am ET
Royal Dutch Shell PLC and PetroChina Company have entered into a definitive agreement to jointly develop shale gas resources in southwestern China's Sichuan province.
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Repsol to Increase Gas Production
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Zacks.com
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Mon 9:03 am ET
Repsol YPF entered into an agreement with the Bolivian Government to develop the Caipipendi block
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EnCana closes transaction to split into two distinct and independent companies - Cenovus Energy and EnCana
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Business Wire
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Mon 8:14 am ET
CALGARY, Alberta----EnCana Corporation today completed its transaction to split into two highly focused energy companies: Cenovus Energy Inc., an integrated oil company and EnCana Corporation, a pure play natural gas company.
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ExxonMobil Chemical Announces Expansion at Its Rotterdam Aromatics Plant
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Business Wire
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Mon 8:00 am ET
HOUSTON----ExxonMobil Chemical announced the completion and start-up of an expansion at its Rotterdam Aromatics Plant. The expansion has made this world-scale plant ExxonMobil’s largest paraxylene production facility.
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Supermajors' Resources Might Be Drying Up
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Morningstar.com
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Mon 7:00 am ET
Large oil and gas companies are facing challenges to production growth.
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Shareholders overwhelmingly endorse split of EnCana into two distinct and independent companies - Cenovus Energy and EnCana
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Business Wire
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Wed Nov 25
CALGARY, Alberta----Shareholders of EnCana Corporation today voted more than 99 percent in favour of the proposed corporate reorganization to split EnCana into two highly focused energy companies: Cenovus Energy Inc., an integrated oil company and EnCana Corporation, a pure play natural gas company.
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A.M. Best Affirms Ratings of Ancon Insurance and Petroleum Casualty Group
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Business Wire
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Wed Nov 25
OLDWICK, N.J.----A.M. Best Co. has affirmed the financial strength rating of A++ and issuer credit ratings of “aa+” of Ancon Insurance and Petroleum Casualty Group and its member companies, Ancon Insurance Company Inc. and Petroleum Casualty Company .
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Marathon to Slash Spending
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Zacks.com
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Mon Nov 23
Marathon has said that it will prune its capital expenditures by about $1 billion in 2010.
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