ConocoPhillips Announces Agreement to Sell Interest in Ursa and Europa Fields
ConocoPhillips announced it has entered into an agreement to sell its interests in the Ursa and Europa Fields and Ursa Oil Pipeline Company LLC to Shell Offshore Inc. and Shell Pipeline Company LP, subsidiaries of Shell plc, for $735 million subject to customary closing adjustments.
ArcLight Expands Gulf Coast Express Pipeline Stake with $865 Million Phillips 66 Deal
ArcLight Capital Partners announced Wednesday it has acquired a 25% equity interest in the Gulf Coast Express Pipeline (GCX) from a Phillips 66 affiliate for $865 million.
ExxonMobil Buys Naphtha as China Petrochemical Plant Enters Test Runs
ExxonMobil has purchased several shipments of naphtha for its newly launched petrochemical complex in southern China, Reuters has reported.
Flowserve Launches New Worcester Cryogenics Series Floating Ball Valves
Flowserve Corporation has launched the Worcester Cryogenic series of reduced-port, quarter-turn floating ball valves for the liquefied natural gas (LNG), hydrogen and other industrial gas sectors.
IMI Agrees Major Anti-surge Valve Deal
IMI has secured a multi-million Euro deal to supply seven anti-surge valves to a major production facility in the North Sea.