Archives for June 2019
Marathon Petroleum, Air Liquide ink big oxygen deal for Texas refineries
French industrial gas supplier and service company Air Liquide has inked two major long-term supply agreements with Marathon Petroleum to boost oxygen delivery to two Gulf Coast refineries. Air Liquide, which employs about 20,000 people...
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Trump orders review of ethanol exemptions, reports say
President Donald Trump has ordered the EPA and Department of Agriculture to review their policy of allowing oil refineries exemptions from their federal obligation to blend ethanol into the nation’s fuel supply, according to news...
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Reports: Chevron Phillips offers to buy Nova Chemicals for $15B
Chevron Phillips Chemical Corp. is reportedly considering offering Nova Chemicals for $15 billion including debt. The Woodlands-based joint venture of Phillips 66 and Chevron Corp. already is a huge global petrochemical that could further expand...
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Oil heads for weekly increase on heightened U.S.-Iran tensions
Oil in London headed for its biggest weekly gain since February as escalating tensions between the U.S. and Iran fanned fears of conflict that would disrupt energy supplies from the Middle East. Source: FuelFix
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New retail electric provider that also develops solar sites opens in Texas
A South Korea solar project developer launched a new retail electric provider this week in Texas and announced it broke ground on a 150-megawatt solar generation facility in West Texas. Source: FuelFix
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