Archives for 2016
Trump caught between corn, oil interests on renewable fuels
Donald Trump is trying to walk a fine line between Iowa corn interests and the oil industry. The Republican presidential candidate’s struggle to appease the antagonistic industries was in the spotlight Thursday when his campaign...
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SI Group buys Baytown chemical plant from TPC Group
TPC Group has struck a deal to sell its Baytown plant to SI Group, a global chemical intermediates manufacturer as part of a plan to shore up its finances. The sale includes a propylene derivatives...
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Amazon invests in massive Texas wind farm
Seattle-based Amazon is teaming up with Chicago’s Lincoln Clean Energy to build the 253-megawatt Amazon Wind Farm Texas west of Abilene in Scurry County. One megawatt typically powers 200 homes on a hot Texas day....
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Market Currents: Bearish tilt to oil market remains
Crude has just given up the ghost of a rally, as poor economic data weighs on broader market sentiment again. As the dollar rallies, despite waning rate hike hopes, crude is under pressure once more....
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Worst may be over for offshore drillers, but pain to linger
Offshore oil-rig operators, grappling with the biggest industry downturn in a generation, say they finally have the bottom in sight. The problem is, they could be stuck there for a long time. Transocean Ltd., which...
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