Archives for August 2019
Huntsman to sell chemical intermediate business for $2 billion
The Woodlands-based Huntsman Corp. will sell its chemical intermediates business in $2 billion deal as it seeks to refocus its portfolio on chemicals with more stable margins. The chemical maker siaid late Wednesday that it...
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Targa starts up Grand Prix NGL pipeline from Permian to Houston
Targa Resources said Thursday it started up its massive Grand Prix natural gas liquids pipeline that stretches from West Texas’ booming Permian Basin to the Houston area. Source: FuelFix
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Oil rebounds from 7-month low as Saudis seek to stem slide
Oil rebounded from the lowest level since January after Saudi Arabia contacted other producers to discuss options to stem a rout that’s been driven by the worsening U.S.-China trade war. Source: FuelFix
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Saudis discussing options with producers to halt oil’s slide
Saudi Arabia has phoned other oil producers to discuss possible policy responses as oil prices fell to a seven-month low, a Saudi official said. Source: FuelFix
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NRG CEO Gutierrez says ERCOT overstates generation capacity
The CEO of NRG Energy said Wednesday that the state’s power grid manager is overstating the amount of generating capacity and electricity supplies will be much tighter in coming years than estimated Source: FuelFix
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