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  1. OMV to sell 49% of Austrian gas unit

    OMV AG has agreed to sell a 49% interest in wholly owned Gas Connect Austria GMBH (GCA) to a combine of the European insurance group Allianz and Snam SPA . Total cash consideration is €601 million, which includes a €147-million adjustment of shareholder debt. GCA operates a 900-km high-pressure natural gas pipeline network in Austria. Total throughput last year was 152 billion m of gas.

    Online Articles

    Online Articles

    Thu, 22 Sep 2016

  2. HollyFrontier, HEP ink dropdown deal for Woods Cross refinery units

    Independent refiner HollyFrontier Corp., Dallas, has entered an agreement in principle to sell newly built crude, fluid catalytic cracking and polymerization units at its 45,000-b/sd Woods Cross refinery in West Bountiful, Utah, just north of Salt Lake City, to consolidated variable interest entity ...

    Online Articles

    Online Articles

    Tue, 20 Sep 2016

  3. VEP to acquire Meraux, Three Rivers terminal business

    Valero Energy Partners LP (VEP) has agreed to acquire the terminal services business for the 135,000-b/d Meraux, La., and 100,000-b/d Three Rivers, Tex., refineries from a subsidiary of Valero Energy Corp. for $325 million. The deal is expected to close Sept. 1.

    Online Articles

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    Tue, 23 Aug 2016

  4. Power loss shutters unit, cuts rates at Houston refinery

    Houston Refining LP, a wholly owned subsidiary of LyondellBasell Industries NV, experienced a localized power loss on Aug. 9 that forced the unplanned shutdown of a sulfur recovery unit and led to reduced processing rates throughout its 268,000-b/d refinery along the Houston Ship Channel.

    Online Articles

    Online Articles

    Fri, 12 Aug 2016

  1. Tesoro Logistics to buy Tesoro’s Alaska storage, terminalling assets

    Online Articles

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    Wed, 6 Jul 2016

  2. Test equipment: Speed certifier and network tester

    Test products: Platinum Tools features new award-winning Net Chaser Ethernet speed certifier and network tester at 2016 CEDIA Expo.

    Online Articles

    Online Articles

    Tue, 2 Aug 2016

  3. Power management: Eight Tips to Optimize Your Industrial Wireless Network

    Energy management: Moxa discusses how industrial wireless technology provides a competitive edge to operators and plant managers as they seek innovative ways to improve the quality of communication in their production and distribution units.

    Online Articles

    Online Articles

    Wed, 3 Aug 2016

  4. Imperial Oil reports $181-million (Can.) loss in second quarter

    Imperial Oil Ltd., Calgary, said the northern Alberta wildfires and planned maintenance contributed to a $181-million (Can.) loss in the second quarter. A year earlier, the company earned $120 million.

    Online Articles

    Online Articles

    Tue, 2 Aug 2016

  5. Utility supplies: Put more mobile workers on the latest 4G and Wi-Fi networks

    Utility linemen: NetMotion Mobility greatly enhances scalability and global reach for mobile workforces. Enhanced scalability and performance for enterprise deployments, increased international reach with multi-language support, expanded OS platform coverage

    Online Articles

    Online Articles

    Mon, 11 Jul 2016

  6. MARKET WATCH: NYMEX, Brent crude oil prices rise on China statistics

    The US light, sweet crude oil price for the August contract settled at just under $46/bbl on the New York market July 15, rising modestly on better-than-expected Chinese economic statistics, which boosted expectations for China’s oil demand. But a rising US rig count helped cap the gains for July ...

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    Online Articles

    Mon, 18 Jul 2016

  7. MARKET WATCH: NYMEX crude oil for August drops under $45/bbl

    The light, sweet crude oil price for August delivery fell moderately on the New York market July 11 to settle under $45/bbl. The Brent crude oil price for September delivery fell about 50¢ on the London market to settle at $46.25/bbl.

    Online Articles

    Online Articles

    Tue, 12 Jul 2016

  8. Tesoro Corp. to sell Alaska storage, terminalling assets to Tesoro Logistics

    Subsidiaries of Tesoro Corp. and Tesoro Logistics LP have executed an agreement for the sale of storage and terminalling assets in Alaska to TLLP for a total consideration of $444 million.

    Online Articles

    Online Articles

    Tue, 5 Jul 2016

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