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ExxonMobil and partners to invest $14 billion by 2017 ExxonMobil, Chevron, Suncor Energy (Suncor), Statoil and Nalcor Energy Oil and Gas (Nalcor) made the final investment decision (FID) to develop the Hebron offshore oil field project in Canada. The Hebron oil field is located offshore the Newfoundland and Labrador on Canada East Coast, in the […]

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SABIC and Shell to invest in and beyond Saudi Arabia In November 2012, Saudi Basic Industries Corporation (SABIC) and Shell have decided to work on expansion opportunities of their joint venture Saudi Petrochemical Company (Sadaf). These expansion ambitions are not limited to the sole Saudi Arabia but should also aim at increasing positions in overseas markets. […]

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Enriching lives through innovation With Headquarters in The Woodlands, on the north of Houston, Texas, USA, Huntsman is a chemical company listed in the New York Stock Exchange and operating 75 production units in 30 countries with about 12,000 employees.  Jon Huntsman established the Huntsman Container Corporation in 1970 in Fullerton, California. At that time […]

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Carlyle targets emerging markets with DuPont Performance Coatings  DuPont and The Carlyle Group (Carlyle) signed a definitive agreement by which Carlyle will buy DuPont Performance Coatings (DPC), the DuPont’s Coatings Division. Still submitted to regulatory approval, the transaction should be effective on the first quarter 2013. Carlyle is a global alternative assets manager having already […]

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