Archives for 2016
BP boss Bob Dudley says firm will double North Sea production, hails ‘crown jewel’
By Rita Brown Energy Voice BP’s top boss said the oil major would double its North Sea production as he hailed the region as one of the company’s “crown jewels.” Bob Dudley sat down exclusively...
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Braskem expands in Houston area with new plastics plant
Brazil-based Braskem petrochemical company this month will start up its second, Houston-area plastics plant in La Porte. The plant, which is launching after completing construction in October, gives Latin America’s largest petrochemical company an expanded Texas presence after...
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Tough year for offshore: Atwood delays rig delivery
In another sign that 2017 is going to be a tough year for offshore services companies, driller Atwood Oceanics announced this week it has yet again cut a deal to delay delivery of — and payment...
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Raven Petroleum aims to build first new Texas refinery in decades
The glut of fuel supplies in the United States isn’t stopping a new company in The Woodlands from building a new refinery in South Texas. Houston native Christopher Moore recently formed Raven Petroleum to build...
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Oil inventory levels fall, while the fuels glut grows
The nation’s crude oil storage levels fell by 2.4 million barrels last week — helping to alleviate a global glut — but that positive industry news was more than offset by a 3.4 million barrels...
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