Archives for May 2017
Phillips 66 drops Zachry Industrial, hires Wood Group
Refining and petrochemical company Phillips 66 co., based in Houston, has dropped the industrial services and construction company Zachry Industrial as general maintenance contractor at the Sweeny Refinery in Old Ocean, about 65 miles southwest...
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Feds say new Permian pipelines “should accommodate” rising production
New pipelines in the Permian Basin should have enough capacity to “accommodate” rising oil production in the Permian Basin, the U.S. Energy Information Administration said in a report Tuesday. A lack of infrastructure between West...
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Oil and gas industry gives millions to Texas lawmakers
Oil and gas companies have given millions over the past three years to Texas’ lawmakers, according to an analysis released Monday by the non-profit Texans for Public Justice. The non-profit found state senators collected around...
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Good timing and persistence pay off for pipe maker Tenaris
Tenaris, which makes piping and steel for oil and gas wells, is perhaps a bit of both – as well as brave. The Argentinian company began building a $1.8 billion oil and gas pipe...
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Saudis, Russians seek to quell glut fears and end oil’s slide
Oil lingered near $46 a barrel as Saudi Arabia and Russia sought to appease growing skepticism that a global supply glut is going away soon. Futures swung between gains and losses in New York on...
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