Archives for 2017
Occidental’s massive petrochemical plant comes online in Texas
The first of several new petrochemical plants coming online this year became operational this week when Houston-based Occidental Petroleum opened its new facility near Corpus Christi. The $1.5 billion ethylene plant in Ingleside is a...
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Rate hikes and customer growth bring profits to CenterPoint
Rate increases and customer growth helped turn a profit last year for CenterPoint Energy, the monopoly electricity transmission and distribution company that serves the Houston area. On Tuesday, the company reported a full year net...
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Commentary: Administration should support LNG development
By Charlie Riedl As Congress works to finish confirmation of key members of President Trump’s cabinet, it’s worth noting that one important issue has so far largely passed with relatively little exploration; the question of...
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Kinder Morgan sells 49 percent stake in LNG export project
Houston’s Kinder Morgan said Tuesday it will sell a 49 percent stake in its liquefied natural gas export project in Georgia for $555 million to the EIG Global Energy Partners private equity firm. Kinder Morgan...
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CB&I posts losses, sells subsidiary to manage debt
CB&I, the Netherlands-based contractor that operates in The Woodlands, reported losses to its fourth quarter and full year earnings after financing the completion of several projects, the company said in a news release Tuesday. The...
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