The South African Competition Commission last week qualified a bid by a group backed by Swiss mining company Glencore to acquire 75 percent of Chevron’s downstream operations in South Africa and all of its operations in Botswana. Chevron is now free to choose between that offer and another that was previously qualified from Sinopec. read more
August 28, 2018
Volume 1 Issue 35
Burckhardt Compression and ExxonMobil signed a global lubricants collaboration agreement for cylinder lubrication oil and related services for operators of reciprocating compressors. The companies will provide equipment and technical lubrication services, performed globally by each companies’ field engineering teams, including training in products and lubrication best practices, lubricant analysis, equipment troubleshooting and maintenance support. United Kingdom-based Hydrodec Group plc’s transformer oil rerefining technology patent was extended to Europe, the company announced. The patent covers design and process improvements made to the rerefining process since 2009.