
Shell sells Gabon assets for US$628 million
Shell has completed the sale of onshore interests in Gabon, including the Gamba Southern export terminal.
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Shell has completed the sale of onshore interests in Gabon, including the Gamba Southern export terminal.

KBR Inc.’s technology has been selected for the residue hydroprocessing unit at the Jordan Petroleum Refinery expansion project.

Air Liquide Engineering & Construction has signed a contract with Kinetrex Energy to upgrade its North Plant LNG production unit.

Gasconsult has awarded a floating LNG (FLNG) development contract to CB&I.

Chevron Corp. has signed a deal to make Microsoft its primary cloud provider.

CB&I has been selected for the license and basic engineering of a mixed feeds ethylene plant for the Guru Gobind Singh refinery.

Grace will provide an overview on how refineries can increase the profitability of fluid catalytic cracking operations by maximising the production of propylene.

Phillips 66 reported earnings of US$823 million in 3Q17, compared with US$550 million in 2Q17.

The results have been attributed to improved commodity prices and strengthened performance in the upstream and downstream sectors.

Valero Energy Partners LP has announced the acquisition of Port Arthur terminal assets and Parkway Pipeline LLC for US$508 Million.

Chevron Corp. has reported increased earnings in 3Q17 to US$2 billion, with downstream operations accounting for US$640 million.

Gazprom’s gas and liquid hydrocarbons processing projects have been making progress, with future development planned.