BP has licensed its latest generation purified terephthalic acid technol-ogy to Dongying Weilian Chemical in China.
GlobalData has released a comment on the recent 1Q20 results of several oil and gas companies, highlighting the industry’s volatility.
BP and Hilcorp have successfully renegotiated the financial terms of BP’s sale of its Alaska business.
IFM Global Infrastructure Fund has contributed its equity interest in Freeport LNG’s Train 2 into Buckeye Partners.
VARO has completed its acquisition of additional shares in the Bayernoil refinery, making it the majority shareholder.
BP and Reliance Industries have signed an agreement relating to the formation of their Indian fuels and mobility joint venture.
BP and Bunge have announced that the formation of their Brazilian bioenergy joint venture, BP Bunge Bioenergia, has been completed.
GlobalData has reported that several top oil and gas companies are expanding their usage of predictive maintenance tools to monitor equipment.