Archives for May 2017
As prices rise, oil companies drill down on industrial cyber security
In recent months, more U.S. oil company boards have demanded IT managers prove refineries and drilling rigs are protected against cyberattacks, the chief of a security firm says. Rising oil prices and increased awareness of...
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With China deal, U.S. poised for new LNG boom
A new deal struck between China and the U.S. links the world’s largest liquefied natural gas growth market to the fastest-growing LNG exporter, and may encourage a new round of expansion along the Gulf Coast....
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Even at $40 oil, U.S. shale will still grow in 2017, Rystad says
U.S. oil prices have dropped below $50 a barrel in recent weeks, in part because traders worry shale drillers will pump a lot more crude than the world needs this year. But analysts believe even...
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Big investors urge oil companies to tackle methane leaks
Thirty institutional investors managing more than $3 trillion in assets have announced a new initiative to encourage global oil and gas companies, including utilities, to measure, report and reduce methane emissions. The initiative, coordinated by...
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Dow Chemical to spend $4 billion in Texas, Michigan and Europe expansions
Dow Chemical said Thursday it’s planning to spend $4 billion in further expansions in Texas, its Michigan headquarters and in Europe. The chemical giant will keep growing its largest industrial campus — south of Houston...
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