Oil News
Shell announces the completion of the transaction to separate Motiva assets
May 1, 2017 – Royal Dutch Shell plc (“Shell”) announces today the completion of the transaction for the separation of assets, liabilities and businesses of Motiva Enterprises LLC (“Motiva”). As announced when the definitive agreements were signed, the separation is as follows: Saudi Aramco (through its wholly owned Saudi Refining, Inc. subsidiary) assumes full ownership […]
3E Company and IsoMetrix Create a Unified Platform for Chemical Regulatory Management
Strategic Alliance Integrates Solutions to Provide Streamlined Access to Critical Hazard Communication Information across the Organization Carlsbad, Calif., and Johannesburg, South Africa, April 27, 2017 — 3E Company, a leading provider of environmental health and safety (EH&S) compliance and information management services, and IsoMetrix, a leading provider of enterprise software for governance, risk, and compliance […]
Shell completes sale of Vivo Energy stake to Vitol Africa BV
Apr 26, 2017 – Shell has completed the sale of its 20% interest in Vivo Energy Holding B.V. to Vitol Africa B.V. for a total amount of US$250 million. This sale was earlier announced on 23 December 2016 when Shell signed an agreement to divest its interest in this venture. Completion of the transaction follows […]
Shell and four European energy companies sign financing agreements with Nord Stream 2 AG for pipeline project
Apr 24, 2017 – Shell and four European companies – ENGIE, OMV, Uniper and Wintershall – signed financing agreements with Nord Stream 2 AG, the company responsible for the planning, construction and future operation of the Nord Stream 2 pipeline. The 1,220-kilometer pipeline will be able to transport a total capacity of 55 billion cubic […]
3E Company and SAI Global Collaborate to Optimize Chemical Regulatory Management
Strategic Alliance Offers Joint Customers Streamlined Access to Robust Safety Data Carlsbad, Calif., and Sydney, NSW, Australia, April 18, 2017 — 3E Company, a leading provider of environmental health and safety (EH&S) compliance and information management services, and SAI Global, a leading risk management company, today announced a strategic alliance. Through the alliance, joint customers […]
L.A. Turbine And GEA To Collaborate With Honeywell As Part Of Connected Plant
HOUSTON, April 12, 2017 /PRNewswire/ — Honeywell (NYSE: HON) announced today that L.A. Turbine Corp. and GEA have both joined Honeywell’s Connected Plant program to jointly develop and provide solutions and technologies that will help customers minimize unplanned shutdowns and safety risks while optimizing output yields. By joining the Honeywell Connected Plant program, L.A. Turbine […]
Pakistan’s PARCO To Produce Cleaner-Burning Transportation Fuels Using Honeywell Technologies
DES PLAINES, Ill., April 12, 2017 /PRNewswire/ — Honeywell (NYSE: HON) announced today that Pak-Arab Refinery Limited (PARCO) will use technologies from Honeywell UOP and Honeywell Process Solutions to upgrade its Mid-Country Refinery near Multan, Pakistan, enabling it to meet growing domestic demand for cleaner-burning fuels. The project’s Honeywell solutions will include licensing, basic engineering […]
3E Company Introduces Toxics Release Inventory and National Pollutant Release Inventory Regulatory Reporting Services
3E Expands Regulatory Consulting Services to Enable North American Manufacturing and Industrial Customers to Streamline Compliance with Mandatory Annual Reporting Requirements Carlsbad, Calif., April 11, 2017 — 3E Company, a leading provider of environmental health and safety (EH&S) compliance and information management services, today announced the launch of new regulatory consulting services to streamline compliance […]
Shell announces the conditional sale of its LPG business in Hong Kong and Macau to DCC Energy
Apr 5, 2017 – Shell has announced the conditional sale of its Liquefied Petroleum Gas (LPG) business in Hong Kong and Macau to DCC Energy for a total enterprise value of US$ 150.3 million (approximately HK$ 1,165 million). John Abbott, Shell Downstream Director, said: “This sale supports Shell’s strategic commitment to focus Downstream activities on […]
Shell opens new technology centre in Bangalore
Mar 31, 2017 – Shell today opened a new major technology hub in Bangalore, India, expanding the company’s R&D activities in Asia. The 52-acre, custom built technology centre can house up to 1,500 experts working collaboratively on innovative projects worldwide. Shell Technology Centre Bangalore (STCB) brings together R&D staff who previously worked at separate locations […]