Once the government has made a decision, the “top-ranked contender will undertake an Environmental and Social Impact Assessment [ESIA] at Crab Island for a facility designed to process at least 30,000 bpd,” Singh said.
"For years, Honeywell neglected to implement sufficient internal accounting controls to mitigate against known corruption risks in countries like Brazil and Algeria," said Charles Cain, Chief of the SEC Enforcement Division’s FCPA Unit.
The US government has authorized Petroleos Mexicanos’ (Pemex) bid to take over the Shell Deer Park refinery, according to Mexico President Andres Manuel Lopez Obrador.
Royal Dutch Shell Plc will begin shutting its Convent refinery in south Louisiana mid-month while it continues to seek a buyer for the facility, part of a plan to reduce its global sites and focus on combined oil refining and chemical plants.