Archives for February 2018
Cruz meeting with refinery workers in ethanol reform push
Sen. Ted Cruz is heading to Philadelphia Wednesday to meet with workers at an oil refinery that has become the centerpiece of an ongoing debate on ethanol. Source: FuelFix
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Westlake Chemical reports record 2017 profits
Westlake Chemical reported record annual and fourth-quarter profits last year due in part to tax reform, higher sales prices and its 2016 acquisition of rival Axiall, which substantially boosted its revenue. Source: FuelFix
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Total forms Gulf Coast petrochemicals joint venture
Total S.A., Borealis AG and NOVA Chemicals Corp. announced on Monday that their affiliates have agreed to form a joint venture to build a Gulf Coast petrochemicals operation. Source: FuelFix
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U.S. crude exports hit big time as supertanker heads for China
The flood of U.S. oil exports stepped up a gear on Monday after the first fully laden supertanker sailed from an American port, alleviating a bottleneck that’s limited overseas shipments. Source: FuelFix
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Noble Energy signs deal to export Israel gas to Egypt
Noble Energy Inc. and Delek Drilling-LP, the lead partners in Israel’s largest gas fields, said they signed a $15 billion agreement to export gas to Egypt’s Dolphinus Holdings Ltd. Source: FuelFix
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