McDermott Achieves Platinum Status for Garnet Recycling, Leading Sustainability Efforts in the Middle East

McDermott, a leading energy industry engineering and construction company, has received Platinum status in the Used Garnet Return Rewards Program by GMA Middle East. This recognition highlights McDermott’s commitment to sustainability and responsible environmental practices through the return of used garnet from its fabrication paint blasting operations. The partnership has resulted in the recycling of over 32,000 tons of garnet, diverting significant waste from landfills and setting a new standard for environmental stewardship in the region.

ExxonMobil to Sell Bakken Shale Assets for Over $500 Million: A Strategic Shift

ExxonMobil, the largest oil producer in the U.S., is reportedly selling some of its Bakken shale assets in North Dakota. This move, expected to fetch over $500 million, aligns with the company’s strategy to focus on higher-growth regions after its recent acquisition of Pioneer Natural Resources. While ExxonMobil remains committed to North Dakota’s shale production, the sale highlights the company’s efforts to streamline its portfolio and maximize returns.

Exxon Mobil Cuts Baton Rouge Refinery Production Ahead of Hurricane Francine

Exxon Mobil Corporation is preparing for Hurricane Francine by significantly reducing production at its Baton Rouge, Louisiana refinery. The storm, expected to make landfall on Wednesday, has prompted evacuations and preparations across the region. Other major U.S. Gulf oil and gas producers are also taking precautions, with Shell shutting down production at several offshore assets. This event highlights the potential impact of severe weather on energy production and the importance of preparedness in the industry.

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