Archives for 2016
Energy Transfer ends $33 billion Williams merger
The proposed merger of two pipeline giants and rivals represented a contentious case of buyer’s remorse for Energy Transfer in a deal that was considered a major coup before oil markets crashed further. A potential...
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Explosions hit Mississippi natural gas plant owned by Houston firm
Two explosions and a fire rocked a natural gas plant in southern Mississippi on Monday night, but no one was injured and flames continued for hours Tuesday, authorities said. The owner of the plant, Enterprise...
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Weatherford to cut 90 jobs in Katy
HOUSTON – Weatherford International plans to cut about 90 jobs at an oil-equipment facility in the Houston area, the company told Texas regulators this week. It’s a small part of the mass layoffs that have...
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Dow Chemical to cut 2,500 jobs worldwide
NEW YORK — Dow Chemical says it will eliminate about 2,500 jobs worldwide, or about 4 percent of its workforce, which is tied to the recent restructuring of its ownership in Dow Corning. Dow Chemical...
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Market Currents: Chinese stockpiling strong…demand less so
After the bloodletting across energy commodities, equities and various currencies in recent days, today is the day we have a relief rally, with markets are seeing an inevitable rebound. Hark, here are five things to...
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