Archives for 2017
Hess Corp. taking Houston spinoff public
New York’s Hess Corp. said Monday it’s taking its Houston pipeline spinoff public through an initial public offering. Hess hopes to raise $250 million in the IPO for Houston-based Hess Midstream Partners through the sale...
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EU approves Dow-DuPont merger pending divestitures
The planned $130 billion merger between Dow Chemical and DuPont cleared a significant regulatory hurdle with Monday with the European Union pending the sale of several agri-business divisions. The only Texas impact is Dow agreeing...
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Total forms joint venture to build Texas chemicals and plastics plants
Paris-based Total energy giant said it will form a joint venture to build major chemical and plastic plant expansions in Port Arthur and Bayport, just outside of Houston. The multibillion-dollar partnership will be 50 percent owned...
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Market Currents: Iraq oil exports show no signs of output cut
Oil prices are subdued to start the week, as the weekend’s compliance meeting has done little to allay oversupply fears. As WTI continues to trek on in forty-dollardom, hark, here are five things to consider...
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Midwestern wind farms reduce need for coal-fired power
The rise of low-cost wind power in the Great Plains region could trigger early retirements for several of the region’s coal-fired power plants, according to a report released this month by Moody’s Investors Service. Midwestern...
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