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Companies in the Natural Gas Power Plant industry are expecting a dramatically larger market due to Mexico’s energy reform, but things are very much in flux. FC Gas Intelligence has highlighted key areas where both challenges and opportunities appear for Natural Gas Power Plants in Mexico in this mini-report. Access…
Shell leading-edge hazard and risk software models, FRED (fire, release, explosion and dispersion) and Shepherd, are now exclusively licensed by fire and explosion safety consultant Gexcon AS. The two companies will work together to bring flexible safety modelling tools to the industry and develop new scientific solutions. Shell has had…
Aramco Overseas Company B.V. (AOC), a subsidiary of Saudi Aramco, has entered into an arrangement to buy Gunvor Group’s stake in the Maasvlakte Olie Terminal (MOT) in Rotterdam, the Netherlands. Gunvor is one of the largest physical commodities trading houses in the world. The sale is targeted for completion by…
Idemitsu Kosan Co., Ltd. and Kuwait Petroleum International Ltd. plan to begin operating a service station business in Vietnam’s capital city, Hanoi, through Idemitsu Q8 Petroleum LLC, a 50-50 joint venture between the two companies. In overseas growth markets centered on the Pacific Rim, Idemitsu Kosan is making progress on…
Exxon Mobil Corp announced it has added 22,000 acres to its Permian Basin portfolio since May through a series of acquisitions and acreage trades. Located in the highly prolific, stacked oil pay zones of the Delaware and Midland Basins, the new acreage adds to the company’s existing 6 billion barrels…
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