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LyondellBasell | February 02, 2024
LyondellBasell and MSI Technology, LLC announced they have entered into an agreement for MSI Technology to serve the LyondellBasell Polybutene-1 (PB-1) resin line into consumer packaging applications for North America. MSI Technology is also the sales representative for the LyondellBasell Plexar product line. The expansion of the relationship is a strategic fit relative to the markets MSI Technology serves today. MSI Technology will use its technical sales approach combined with its curren...
Chevron | November 18, 2022
Chevron U.S.A. Inc., a subsidiary of Chevron Corporation announced it signed a definitive agreement to acquire full ownership of Beyond6, LLC and its network of 55 compressed natural gas stations across the United States from Chevron’s current B6 co-owners, a subsidiary of Mercuria Energy Trading and B6 CEO Andrew West. Chevron is complementing the strength of its traditional products business with new offerings that help customers support a lower carbon future, and renewabl...
Chemical Technology | January 27, 2020
High flaring has started at ExxonMobil Chemical’s Fife ethylene plant (FEP) in Mossmorran, Scotland, as the facility resumes operations following its recent closure. ExxonMobil warned the public to expect increased flaring as part of the restart process. Two boilers at the plant were subject to a breakdown in August and were accompanied by explosions. The Scottish Environmental Protection Agency (SEPA) said it is continuing its deployment of air quality monitoring in various locations surr...
Prnewswire | October 06, 2020
The U.S. oil, natural gas and chemicals (OG&C) industry slashed 107,000 jobs from March to August 2020, the fastest rate of layoffs in the industry's history. Heightening employment cyclicality and layoffs are challenging the industry's reputation as a reliable, long-term employer. The sensitivity of U.S. OG&C employment to oil prices is extremely high, with a dollar change in oil price potentially affecting 3,000 upstream and oilfield services jobs. In a business-as-usual scenar...
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