Oil & Gas

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LIBREVILLE, Gabon — Foreign investors in Gabon''s oil production sector might face tougher conditions, under new government plans aimed at squeezing more money from international companies.

ABU DHABI — Abu Dhabi’s leading petrochemical company, Borouge, has announced plans to expand its operations and focus on creating jobs in the United Arab Emirates (UAE), according to

NEVADA, Iowa — DuPont broke ground Friday on a new cellulosic ethanol facility in Nevada, Iowa, which the company believes brings it one step closer to commercializing advanced biofuels.

OWOSSO, Mich. — Tri Mer Corp. and Enginuity Energy LLC have established a research agreement for the testing of biomass fuels at Enginuity Energy’s research and development lab in Harrisburg, Pa., the companies announced.

TAIPEI, Taiwan — Taiwan''s petrochemical sector is predicted to grow over the last three months of the year. A government report expects a 7.6 percent rise in output compared

Oil & gas giant BP reached an agreement in October to sell its Texas City, Texas, refinery and a portion of its retail and logistics network in the Southeast U.S. to Marathon Petroleum Corp. for $2.5 billion.

LONDON — The United States is likely to emerge as the world''s biggest oil producer by 2020, following a shale oil production surge that will allow it to surpass

SAN RAMON, Calif. — Chevron Corp. announced its Australian subsidiary has made a natural gas discovery in the Greater Gorgon Area, located in the Carnarvon Basin, a premier hydrocarbon

NEW YORK — Despite waning local demand, the European butadiene market will remain strong thanks to export demands from overseas, according to a new report by industry research firm

MONTREAL — ProSep Inc., a provider of process solutions to the oil and gas industry, has been awarded contracts for the supply of three ProMix proprietary crude blending systems