At its olefins plant in Baytown, Texas, ExxonMobil has designed and installed pyrolysis burners that can operate on up to 100 ...

JG Summit [JGS 16.16 ?6.5%; 387% avgVol] [link] confirmed reports that it has placed its money-burning subsidiary, JG Summit Olefins Corp (JGSOC), on an “indefinite Commercial shutdown.” ...

Ukraine struck energy facilities in southern Russia with dozens of drones on Monday, triggering fires at a major oil refinery and a gas processing plant and disrupting flights from the Volga to the ...

Fresh in their minds were numerous plant fires, including a 2019 explosion in the olefins unit that injured dozens of people, and an ongoing court battle in which Exxon has tried to limit Baytown ...

Ukraine struck energy facilities in southern Russia with dozens of drones on Monday, triggering fires at a major oil refinery and a gas processing plant and disrupting flights from the Volga to the ...

Conglomerate JG Summit Holdings Inc. said Thursday it closed down its P150-billion petrochemical plant in Batangas province ...

Energy major ExxonMobil has recently demonstrated a new burner for steam crackers that can run up to 100% hydrogen fuel. At ...

ExxonMobil’s Baytown Olefins Plant (BOP) has been conducting commercial testing since December of what it calls ...

Conglomerate JG Summit Holdings Inc. is shutting down indefinitely its petrochemicals unit amid industry challenges.

In what is seen as the “best decision” under challenging market conditions, conglomerate JG Summit Holdings Inc. has decided to shut down its petrochemicals unit, which has ...

Ukraine struck energy facilities in southern Russia with dozens of drones on Monday, triggering fires at a major oil refinery and a gas processing plant and disrupting flights from the Volga to the ...