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ExxonMobil to offload US refinery to Par Pacific for $310m

ExxonMobil has agreed to sell the Billings refinery and associated marketing and logistics assets in the US to Par Pacific Holdings.

United statesKaren mckeeJohnr perryWilliam pateMarine industriesExxonmobil product solutionsEquipment for the oilSolutions for the offshore maritime industryPacific holdingsPar pacificPar pacific holdingsSilvertip pipelinePacific northwestMobil product solutionsOffshore maritime

Aker, Trafigura and partners place offer for OMV s E&P unit

A consortium comprising Aker and Trafigura has made an offer to acquire a 51% stake in OMV's exploration and production (E&P) business.

Brierley unsplashYuzhno russkoyegasSverre skogenNorway mime petroleumSolutions for the offshore maritime industryAker trafiguraDean brierleyMime petroleumOffshore maritime

Continental Resources agrees to Hamm s revised takeover offer

Continental Resources has accepted an improved buyout offer from its founder Harold G Hamm and his family, which values the company at $27bn.

United statesNorth dakotaCole smeadHaroldg hammZbynek burival unsplashSolutions for the offshore maritime industryContinental hammContinental resourcesAnadarko basinZbynek burivalOmega acquisitionContinental resourceMerger agreementSmead capital managementSmead capitalOffshore maritime

Carbon offsetting could delay net-zero targets: CCC report

Report finds carbon offsetting can mask companies' “insufficient efforts” to reduce their emissions.

United kingdomChris starkAnne coatesy gettyClimate change committeeSolutions for the offshore maritime industryIot solutions for the offshore industryAnne coatesyEnd iot solutionsHigh efficiencyLow radiation flareOffshore maritime

MidOcean to acquire stakes in four Australian LNG projects

MidOcean Energy has agreed to acquire stakes in four integrated LNG projects in Australia from Tokyo Gas in a deal worth $2.15bn.

Ceor blair thomasRey venterMidocean energySolutions for the offshore maritime industryTokyo gasQueensland curtisBlair thomasSingle lifte housesLiving quartersMulti purpose buildingsAll welded plate heatOffshore maritime

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