The downturn in petrochemicals continues to hit Europe hard, as two of the continent’s largest petrochemical makers—ExxonMobil and Sabic—disclosed their intention to shutter ethylene plants.

Higher energy prices in Europe have played a role in ExxonMobil Corp. and Sabic closing units making the plastic feedstock ethylene and some resins in that region. Houston-based ExxonMobil is ...

SABIC is highlighting at NPE 2024 (Booth #S19005) a range of solutions that demonstrate the value of plastics for a more sustainable future.

Bloomberg / Contributor / Getty Images ExxonMobil said it completed its deal to buy Pioneer Natural Resources valued at nearly $60 billion after U.S. regulators set conditions. Including debt ...

ExxonMobil Corp. has let a three-year hydraulic fracturing services agreement to ProPetro Holding Corp. to provide electric hydraulic fracturing services to in the Permian basin. ExxonMobil Corp ...

Counsel have not yet appeared for the defendant. The case is 1:24-cv-02891, Sabic-el-rayess v. Teachers College, Columbia University.

The ExxonMobil Corp. earned $36 billion in the fourth quarter of 2023, more than doubling its 2019 revenues, which Chairman-CEO Darren Woods notes accompanied the acquisition of the Denbury ...

Saudi Basic Industries Corporation (SABIC), one of the world’s biggest petrochemical companies, reported a 62 per cent drop in first-quarter net profit on Wednesday, which it partially ...

But two industry leaders, Chevron and ExxonMobil, are in the midst of a dispute. Investors seeking energy exposure have more diversified options to consider. These two oil stocks are attractive ...

Saudi Arabia’s top chemicals company reported a 62% drop in year-on-year profit as weak demand puts the industry under stress ...

KBR (NYSE:KBR) has been awarded a contract by SABIC Fujian Petrochemicals to license KBR's market-leading phenol technology in China.Under the terms of the contract, KBR will provide technology ...