Archives for October 2019
Huntsman turns small profit in tough petrochemicals market
The Woodlands-based petrochemical firm Huntsman Corp. said Friday it posted a small $41 million quarterly profit amid falling revenues and a market environment with depressed chemicals prices worldwide. Source: FuelFix
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New Midwest wind farm on books for EDP Renewables
EDP Renewables, the Portuguese company whose North America unit is based in Houston that develops wind and solar farms, announced a deal to build a new 302 megawatt wind farm in Indiana. Source: FuelFix
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Oil holds weekly gain as tighter supply offsets weaker demand
Oil held steady amid signs of weaker demand, but remained on track for the biggest weekly gain in more than a month as supplies tightened. Source: FuelFix
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Shale Slump: Patterson-UTI pulls 36 rigs from service
Houston drilling rig operator Patterson-UTI Energy is retiring 36 older rigs amid weaker demand from shale fields across the United States and Canada. Source: FuelFix
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Exxon hid ‘catastrophic’ climate prediction, state suit says
Exxon Mobil Corp. was sued by Massachusetts for allegedly hiding its early knowledge of climate change from the public and misleading investors about the future financial impact of global warming, two days after a trial...
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