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      Caterpillar Acquires Weir Oil & Gas, Launches SPM Oil & Gas

      Caterpillar Inc. has completed its acquisition of the Oil & Gas Division of the Weir Group PLC, a Scotland-based global engineering business. Headquartered near...

      SurfCleaner announces partnership with UltraTech International Inc., a leader in the environmental compliance industry

      SurfCleaner, the producer of the world’s first hybrid oil skimmer separator, announced its distribution partnership with UltraTech International Inc., a leader in the environmental...

      Akselos and Shell sign framework agreement on digital twin technology

      Swiss company Akselos and oil major Shell have signed a three-year enterprise framework agreement for the use of Akselos’ structural digital twin technology. The agreement...

      Asia Pacific upstream transactions plunge to lowest this century

      Wood Mackenzie’s latest analysis shows 2020 is on track to be the quietest year for upstream transactions in the Asia Pacific region since the...

      Italy’s largest pipeline firm continues push into hydrogen tech

      Italy’s Snam SpA agreed to buy 33% of electrochemical tech firm Industrie De Nora SpA as part of its expansion into the hydrogen business. Europe’s...

      Korean bunkers tighten with cargo, barge constraints

      Domestic refiners Hyundai Oilbank and S-Oil, which have a refining capacity of 650,000 b/d and 669,000 b/d respectively, are especially short of bunker supplies...

      Russia, Turkmenistan Join Forces to Improve Maritime Transport in the Caspian Sea

      Russia and Turkmenistan have agreed to strengthen regional transportation and logistics capabilities via the body of water that separates their borders, the Caspian Sea. As...

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      US Polyethylene Export Market Report 2017-2020

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      Enterprise SSD: More Than Just a New Kind of Hard Drive

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      Efficiency, Visibility and Reliability Keys to lower costs and greater profitability in oil and gas operations

      Falling oil prices and collapsing profit margins are driving the industry to lower costs. Reducing labor costs and gaining supplier concessions can help, but...