Archives for February 2018
Cruz tells refinery workers that ethanol program is broken
Sen. Ted Cruz, in a speech to refinery workers here, said Wednesday that federal ethanol rules were making “Wall Street speculators and giant integrated companies” while smaller refiners struggle. Source: FuelFix
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Kelcy Warren says $1 billion deal helped stabilize company
Kelcy Warren, the billionaire chairman of Energy Transfer Equity LP, dismissed complaints that he unfairly benefited from a 2016 private issuance of units in one of the pipeline company’s partnerships that was tied to the...
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Cheniere narrowed losses in 2017 and reported fourth-quarter profit
Houston’s Cheniere Energy reported a fourth-quarter profit and narrowed its annual losses last year as the pioneer U.S. exporter of liquified natural gas ramped up shipments from its Sabine Pass facility in Louisiana. Source: FuelFix
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Hilcorp founder stepping back from CEO role
Hilcorp Energy founder Jeffery Hildebrand has stepped down from the chief executive role of the company he started nearly 30 years ago but will remain in the executive chairman position. Source: FuelFix
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Gulf of Mexico fatality under investigation
The federal government said Tuesday it’s investigating the death of an offshore oil and gas worker on a Gulf of Mexico platform operated by Houston’s Talos Energy. Source: FuelFix
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