Austin-Ineos Energy has finalized the purchase of a portion of Chesapeake Energy's oil and gas assets in the Eagle Ford Shale in South Texas for $1.4-billion. The transaction, which marks Ineos Energy's entry as operator into the U.S. onshore oil and gas market, includes 2,300 wells ...
At the time Gary Haywood, CEO of INEOS Upstream, the company’s new oil and gas exploration and production business, hinted that INEOS was now well placed to become a major player in the UK on-shore gas production industry. “We already have a large UK asset base, existing operating capab...
The new technology enables plastics to be recycled back to a raw material stream and returned to the market as new product from recycled material. The product properties are identical to virgin plastics made from oil and gas. Advanced Recycling creates a...
INEOS Energy sold its Norwegian oil and gas business to PGNiG for $615m A first in Belgium: INEOS Phenol and ENGIE use hydrogen in industrial plant in Antwerp INEOS completes the acquisition of BP’s global Aromatics & Acetyls business ...
But he said it did not matter because INEOS owned both gas and oil crackers. “For us, the fact that we’ve now got much lower oil prices hasn’t impacted the viability of bringing that gas in from America at all,” he said. “Instead, it has improved the profitability of our oil...
INEOS has agreed a $250 million deal buy BP’s Forties Pipeline System which delivers almost 40% of the UK’s North Sea oil and gas. The sale of the 235-mile pipeline system was agreed this month, subject to regulatory and other third party approvals. ...
Today INEOS produces 250,000 tonnes of hydrogen a year. It is a co-product from producing chlorine and cracking gas and oil to make olefins and polymers. The hydrogen is used in a number of ways: to remove the sulphur from crude oil, as a raw material for other chemical processes, or...
In other news, US oil/gas firmEnterprise Products Partnershas announced the start of service at its second propane dehydrogenation (PDH) plant (PDH 2) in Chambers County, Texas. Underwritten by long-term, fee-based contracts, PDH 2 has ...
destocking. The cracker at Rafnes, Norway, completed a major scheduled turnaround during the second quarter. Polymer demand was subdued, though, as customers anticipated lower prices in the wake of weakening oil and naphtha prices. Softness in the commodity polymer markets also resulted in low ...
Successful applicants can anticipate being located at one of our manufacturing sites located in LaPorte, Texas (Battleground Manufacturing Complex), Alvin, Texas (Chocolate Bayou Works), or Carson, CA (Carson) or at our headquarters located in League City, Texas. Internship assignments typically span...