Petrochemicals

Philly Shipyard, Inc. has announced its celebratory keel laying milestone for the fourth product tanker for Kinder Morgan.

FinCo has announced that it will be expanding its downstream activities in the Netherlands over the course of 2017.

KCS, Watco and WTC have announced their refined energy products terminal, which will facilitate increased US export of liquid fuels to Mexico.

Babcock & Wilcox has announced its successful acquisition of Universal Acoustic & Emission Technologies, Inc.

Axens has announced the successful outcome of its tender offer on Heurtey Petrochem shares.

CEFC International has announced it will be advancing into Europe's energy market with the successful acquisition of downstream distribution networks in France and Spain.

Research and Markets has released its latest report, 'Global Oil Storage (Open Top, Fixed Roof, Floating Roof) Market Analysis 2016 - 2025'.

The Center for Liquefied Natural Gas (CLNG) has issued a statement following the release of the EIA’s Annual Energy Outlook 2017.

The EIA’s Annual Energy Outlook 2017 (AEO2017) projects that the US will become a net energy exporter in most cases.

Technip has been awarded a service contract including proprietary technologies for a new gas and petrochemical complex in Azerbaijan.

Venture capitalists have invested US$5.8 billion in bio-based chemicals, as focus shifts to disruptive synthetic biology.

Synthetic biology startup, Lygos, has announced the closure of its US$13 million venture financing to target the oil-based specialty chemical industry.

KBR has announced its new Chief Financial Officer will be Mark Sopp.

Albemarle has announced it has completed the sale of its Chemetall Surface Treatment business to BASF.

Technip and Chemetry have signed an exclusive cooperation agreement for the licensing and engineering of Chemetry’s eShuttle™ technology for the production of ethylene dichloride.