Petróleo Brasileiro S.A. (Petrobras; Rio de Janeiro, Brazil) reports that it has started the opportunity disclosure stage regarding the sale of its wholly-owned subsidiary Petrobras Biocombustível S.A. (PBIO). This transaction consists of the sale of 100% of Petrobras' shares in…
Power Innovations (American Fork, Utah) announced an agreement with Big Navajo Energy (BNE) to support the reclamation of methane gas from petroleum drilling sites and to convert the fossil fuel into a clean renewable source of energy in the form…
DNV GL has approved and qualified technology for a full-scale demonstration project to remove carbon emissions at a waste-to-energy plant in Oslo, Norway. Gassnova, the Norwegian state agency for carbon capture and storage projects, is supporting the project, which tested…
Croda International Plc (Snaith, U.K.) has agreed to acquire Avanti Polar Lipids, Inc., a leader in lipid-based drug-delivery technologies for next-generation pharmaceuticals. Croda has acquired Avanti for an initial consideration of $185 million on a debt and cash-free basis, with…
Air Products (Lehigh Valley, Pa), in conjunction with ACWA Power and NEOM, announced the signing of an agreement for a $5-billion world-scale green hydrogen-based ammonia production facility powered by renewable energy. The project, which will be equally owned by the…
Dow Inc. (Midland, Mich.) announced that it has signed a definitive agreement to sell its rail infrastructure assets and related equipment at six major North American sites to Watco Companies (Watco), a Pittsburg, Kansas-based transportation company providing transportation, terminal and…
Solenis (Wilmington, Del) is participating in the Piloting Alternatives for Plastics project, a global initiative to help develop the next generation of fiber-based materials to replace plastics used in food packaging, filters, hygiene products and other goods. Solenis is joining…
Air Products (Lehigh Valley, Pa.) and thyssenkrupp Uhde Chlorine Engineers GmbH (Dortmund, Germany) today announced the signing of a Strategic Cooperation Agreement (SCA). The two companies will collaborate exclusively in key regions, using their complementary technology, engineering and project execution…
ExxonMobil Corp. (Irving, Tex.) and Princeton University’s Andlinger Center for Energy and the Environment have renewed their collaboration to research lower-emission technologies and energy solutions. The new, five-year agreement builds on ExxonMobil’s participation in Princeton’s E-filliates Partnership, which began in…
Saipem S.p.A. (San Donato Milanese, Italy), in a 50% joint venture with Clough, has been selected as the exclusive EPC contractor for the development of Perdaman Industries’ urea plant on the Burrup Peninsula, approximately 20 km northwest of Karratha, on…