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Oil & Gas

Dow CEO blames energy costs for job loss, may move more jobs overseas

October 30, 2006
According to the Associated Press, runaway energy prices are pushing manufacturing jobs in the chemical industry overseas, the head of the world''s second-largest chemical company says. Andrew Liveris, chairman and
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Russia halts Shell gas project

October 19, 2006
Russia''s Natural Resources Ministry said it has revoked the environmental approval of a Shell-led liquefied natural gas project on the Far East island of Sakhalin, a decision that could effectively
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ConocoPhillips to pay $540,000 in spill

October 16, 2006
ConocoPhillips will pay $540,000 to the State of Washington for spilling more than 1,000 gallons of crude oil and marring 21 miles of Puget Sound shorelines in 2004, the Associated
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ExxonMobil technology selected for refinery upgrade

October 16, 2006
ExxonMobil Research and Engineering Company (EMRE) and Hellenic Petroleum S.A. (HELPE) recently announced that HELPE has selected EMRE''s FLEXICOKING (1) technology for converting vacuum residue to lighter products for a
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Lower oil costs buoy chemical companies

October 16, 2006
Worldwide economic strength and lower prices for oil and natural gas helped buoy chemical producers during the third quarter, despite a downturn in the U.S. housing market and a struggling
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Air Products to build Korean plant

October 9, 2006
Industrial gas supplier Air Products & Chemicals Inc. will build a nitrogen trifluoride plant in Korea to supply the growing Asian semiconductor and liquid crystal display markets, the Associated Press
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ExxonMobil technology selected for refinery upgrade

October 9, 2006
ExxonMobil Research and Engineering Company (EMRE) and Hellenic Petroleum S.A. (HELPE) recently announced that HELPE has selected EMRE''s FLEXICOKING (1) technology for converting vacuum residue to lighter products for a
Read More

Air Products to build Korean plant

October 9, 2006
Industrial gas supplier Air Products & Chemicals Inc. will build a nitrogen trifluoride plant in Korea to supply the growing Asian semiconductor and liquid crystal display markets, the Associated Press
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Russia threatens to pull BP license

September 26, 2006
Russian prosecutors have threatened to revoke the license of BP PLC''s joint venture to develop a giant gas field in Russia''s far east, the Associated Press reports. The move comes
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Russia halts Shell gas project

September 19, 2006
Russia''s Natural Resources Ministry said it has revoked the environmental approval of a Shell-led liquefied natural gas project on the Far East island of Sakhalin, a decision that could effectively
Read More