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DuPont And Dow Agree On Terms For Huge Merger

2015-12-11 15:19:28| Chemicals - Topix.net

The two largest chemical companies in America will become one entity named DowDuPont, as Dow Chemical and DuPont say they're joining in a "merger of equals." The new company will have a market capitalization of around $130 billion.

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PepsiCo, Muller agree to close upstate NY yogurt plant; sold to US dairy co-operative

2015-12-11 02:15:49| Beverages - Topix.net

PepsiCo Inc. and German dairy giant Theo Muller Group ended production Thursday at a western New York yogurt plant that opened with much fanfare and state money in 2013, saying it didn't meet expectations in a competitive and dynamic marketplace. National milk marketing co-operative Dairy Farmers of America has agreed to purchase the Muller Quaker Dairy in Batavia, co-op spokeswoman Monica Massey said Thursday.

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Crude oil prices fall as OPEC fails to agree on oil production

2015-12-07 01:00:00| Offshore Technology

Crude oil prices have dropped after the Organization of the Petroleum Exporting Countries (OPEC) failed to agree on a production ceiling to cut oversupply.

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U.S., India agree growth, climate protection must go 'hand in hand'

2015-11-30 16:09:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: U.S. President Barack Obama said on Monday that India had to be able to grow and fight poverty, while Indian Prime Minister Narendra Modi pledged to ensure development would be coupled with environmental protection. One of the stumbling blocks to getting an inclusive agreement to fight climate change has been the United States' reluctance to accept that some countries should be obliged to do more than others, while nations such as India have objected to restrictions on their development. After...

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10:15 KazMunayGas, PetroChina agree on further cooperation in oil refining

2015-11-30 06:52:45| Oil & Gas - Topix.net

President of KazMunayGaz JSC Sauat Mynbayev and Vice President of CNPC, President of PetroChina Wang Dongjin signed a cooperation deal on oil refinery, the Kazakh national oil company said in a press release on November 27. In addition, the PetroKazakhstan Oil Products LLP and the CNPC signed a supplementary agreement on the implementation of phase 2 of the project on reconstruction and modernization of the Shymkent Refinery. PetroChina Company Limited is a Chinese oil and gas company and is the listed arm of state-owned China National Petroleum Corporation, headquartered in Dongcheng District, Beijing.

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