Shell Chemical LP (Shell) today announces the final investment decision to increase Alpha Olefins (AO) production at its chemical manufacturing site in Geismar, Louisiana, making the site the largest AO producer in the world. Shell will construct a fourth AO unit, adding 425,000 tonnes of capacity.
Rio Tinto will expand output from one of the world’s premier bauxite deposits following approval of the $1.9 billion Amrun project.
Alstom signed an agreement to purchase a 51% share in the South African rail company CTLE (Commuter Transport & Locomotive Engineering), specialized in the modernisation of trains, from South African companies CTE  and IDC which will remain shareholders.
Soletanche Freyssinet (the VINCI division specialised in civil engineering) has increased its holding in Grupo Rodio Kronsa to 100%.
Global challenges and new opportunities in the energy market will create a turning point for the industry, says Statoil CEO Eldar Sætre at the Statoil Autumn Conference.
Saddlehorn Pipeline Company, LLC ("Saddlehorn") announced today that it is combining projects with Grand Mesa Pipeline, LLC ("Grand Mesa") for the construction of a 20-inch undivided joint interest pipeline which begins approximately 20 miles north of Saddlehorn's Platteville, Colorado origin at a junction near Grand Mesa's Lucerne, Colorado origin.
Air Liquide (Euronext Paris: AI), world leader in gases, technologies and services for Industry and Health, and Airgas (NYSE: ARG), one of the leading suppliers of industrial gases and associated products and services in the U.S., today announced an agreement under which Air Liquide will acquire Airgas.
TransCanada Corporation (TSX:TRP) (NYSE:TRP) (TransCanada) announced today that its wholly-owned subsidiary, NOVA Gas Transmission Ltd. (NGTL), has signed contracts for approximately 2.7 billion cubic feet per day (Bcf/d) of new firm natural gas transportation service that will require a $570 million system expansion for 2018.
QGC Pty Limited, along with joint venture partners China National Offshore Oil Corporation and Tokyo Gas, today announces a two-year, A$1.7 billion development of its natural gas tenements west of Wandoan to support gas production.
Barrick Gold Corporation (NYSE:ABX)(TSX:ABX) ("Barrick" or the "company") today announced that it has entered into agreements to sell a number of non-core assets in Nevada for $720 million in cash