Company News

ThyssenKrupp VDM GmbH has placed an order with SMS Siemag for the supply of a new 2.7m heavy plate stand for their Siegen, Germany location.

Sunoco, Inc. has entered into exclusive discussions with The Carlyle Group, a global alternative asset manager, regarding a potential joint venture involving Sunoco's 330,000 barrel-per-day refinery in Philadelphia.If a transaction were to go through, Sunoco would contribute its Philadelphia refinery assets in exchange for a non-operating minority interest in the joint venture.

Rio Tinto will put driverless trucks into a production iron ore mine in Western Australia's Pilbara region, following a five truck trial in its West Angelas mine. The company will deploy ten automated Komatsu haul trucks to the Junction South East pit of its Yandicoogina mine.

After 21 years with the company, Lucio Della Martina will retire from Woodside Petroleum. According to Woodside chief executive Peter Coleman, Della Martina will remain in charge of Pluto LNG and Woodside's Australian assets as executive vice-president, Australian business, until his departure.

      Temporary power solution provider, APR Energy PLC has been awarded a 100 megawatt contract from Tractebel Energia de Monterrey, S.

  Delta Air Lines may partner with JP Morgan to help run the ConocoPhillips' idled 185,000 barrel per day Trainer, Pa., refinery, if the carrier decides to purchase the plant.

MRC Global Inc. announced that it has priced its initial public offering of 22,727,273 shares of common stock at USD 21 per share.

The Babcock & Wilcox Company (B&W) announced today that its subsidiary Babcock & Wilcox Power Generation Group, Inc.

  Hamilton Metals, one of the largest stocking distributors of Corrosion Resistant Alloys (CRA) for the exploration and production industry, has opened a new stocking facility in Edmonton, Alberta.

The Brazilian National Petroleum Agency approved BP’s farm-in to four deepwater exploration and production concessions in the Brazilian equatorial margin.