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Berkshire Hathaway to acquire OxyChem

Berkshire Hathaway and Occidental have announced a definitive agreement for Berkshire Hathaway to acquire Occidental’s chemical business, OxyChem, in an all-cash transaction for US$9.7 billion.

 

Phillips 66 provides update on LA refinery operations

Phillips 66 has provided an update on its progress toward idling operations at its Los Angeles refinery, US, in furtherance of the company’s efforts to redevelop these real estate sites.

 
 
 

HIF’s facility in Chile receives certification

The HIF Haru Oni e-Fuels facility in Magallanes, Chile, has become the first facility outside the EU to receive certification for Renewable Fuels of Non-Biological Origin (RFNBO).