ExxonMobil earns $5.7bn in Q4-2019
Exxon Mobil Corporation announced estimated fourth quarter 2019 earnings of $1.33 per share assuming dilution
Saudi Aramco completes acquisition of 17% of South Korean Hyundai Oilbank for $1.2bn
Hyundai Oilbank is a private oil refining company established in 1964
Worley inks enabling agreement with ExxonMobil
This will allow ExxonMobil companies to contract with Worley to continue to provide services to ExxonMobil’s Texas and Louisiana sites in the United States
Wood wins $20mn contract from SNF Floquip
SNF Floquip is a subsidiary of SNF Holding, the world’s leading manufacturer of water-soluble polymers
Hanwha Total Petrochemical increases ethylene production capacity by 30%
With a $450mn investment, the site can now produce 1.4 million tonnes per year of ethylene
Saudi Aramco acquires Shell’s share of the SASREF refining joint venture
the sale is part of an ongoing effort integrating its refining portfolio with Shell Trading hubs and chemicals operations