Archives for 2016
Methane rules to hit “small, independent oil men,” Railroad Commissioner warns
WASHINGTON — Small oil and gas operators in Texas will be hit the hardest by new Environmental Protection Agency rules reining in methane emissions, Texas Railroad Commission Chairman David Porter testified to Congress Wednesday. During...
Click here 0 3,225
Exxon Mobil technology could cut $200M from yearly petrochemical costs
The new processes could save petrochemical plants $200 million a year through reduced production costs, according to the study released Wednesday from the IHS data and consulting firm. The process involves turning crude oil directly...
Click here 0 3,247
Drillers strike record $16.2 billion in funding with stock offerings
Click through the gallery above to see the top 10 equity funding deals this year. In 38 separate deals this year, drillers like Houston-based Southwestern Energy and Irving, Texas-based Pioneer Natural Resources have raised...
Click here 0 3,242
Market Currents: U.S. East Coast gasoline woes continue
Another day, another dollar (rally). Crude prices are again coming under downward pressure as economic concerns swirl and uncertainty swells. That said, dollar strength was mucho more apparent earlier in the day; as the dollar...
Click here 0 3,288
Huntsman Corp. closing its only African plant
The closure of the titanium dioxide plant in Umbogintwini, South Africa will mean the loss of 140 jobs, but the plant is Huntsman’s smallest and oldest in its pigments and additives business. Huntsman is eventually...
Click here 0 3,305
