Company News

The latter half of 2019 and the beginning of 2020 has been marked by a series of funding ventures and acquisitions of upstream-focused start-up companies.

The American Chemistry Council Foundation, TCC, ECHMA, and ACC has awarded a USD $1 Million grant to Harris County to further enhance the region’s air monitoring capabilities.The grant is for specific uses by the county that were negotiated between industry and Harris County Commissioner Adrian Garcia.

His Excellency Dr. Sultan Ahmed Al Jaber, UAE Minister of State and Abu Dhabi National Oil Company (ADNOC) Group CEO, and Eni’s Chief Executive Officer, Claudio Descalzi, signed a Memorandum of Understanding for the joint development of research initiatives aimed at creating advanced technological solutions for the reduction, capture, usage or confinement (CCUS) of CO2 emissions at fields.

Emerson has been named the ‘Industrial IoT Company of the Year’ by IoT Breakthrough for a third consecutive year. IoT Breakthrough, which received more than 3,700 nominations for the 2020 competition, recognizes companies, technologies and products worldwide that set themselves apart in IoT categories ranging from industrial and enterprise, to consumer and connected home.

The board of BP p.l.c. announced yesterday that Brian Gilvary, BP chief financial officer (CFO), has decided to retire from the company and step down from the BP board on June 30, 2020.

Leading companies operating across the polyester packaging value chain – including businesses involved in the manufacture,

According to data released from the Texas Oil & Gas Association (TXOGA), the Texas oil and natural gas industry paid more than USD $16 billion in state and local taxes, and state royalties in 2019, which is the highest total in Texas history.

Sergio Costa, Italian Minister of the Environment and the Protection of Land and Sea, and Eni’s CEO, Claudio Descalzi, have signed a preliminary agreement committing Eni to carrying out a program of decarbonization, environmental mitigation, and redevelopment and enhancement at the site in Gela, which is no longer used to produce and process mineral oils.The program will involve dismantling all disused areas across the industrial site over the next 10 years, and giving them new functions.

The MasterTop 1900 range, from the broad Master Builders Solutions® portfolio of advanced flooring solutions, provides flooring systems that are particularly suitable for industrial areas.Part of the 1900 range, the innovative MasterTop 1912 system, meets the highest requirements regarding wear resistance, durability and visual appearance, and scores with low emission values.

CLH Group, a Spanish oil transport and storage company, has approved a sustainability strategy that aims to achieve carbon neutrality by 2050, in alignment with the Paris Agreement and UN Sustainable Development goals.The plan aims to reduce the company’s net emissions of greenhouse gases by 50% by 2025 and become a carbon-neutral organization by 2050.To achieve these goals, CLH is reducing energy consumption by replacing equipment with more efficient devices, incorporating new technological developments and purchasing renewable power or generating its own energy at its facilities.Under the strategy, the CLH2O plan seeks to reduce water consumption, particularly in the cleaning of storage tanks and testing firefighting equipment.