Archives for 2019
Chevron Phillips subsidiary launches chemical recycling joint venture
A subsidiary of Chevron Phillips Chemical has launched a new joint venture aimed at taking chemically-based plastic recycling processes to a bigger commercial scale. The Woodlands-based Americas Styrenics, part owned by Chevron Phillips Chemical and...
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Oil retreats as U.S. stockpile jump counters global supply fears
Oil retreated amid signs of a sharp increase in U.S. crude inventories and concerns over the strength of economic growth in China. Source: FuelFix
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Enterprise: ITC fire didn't dent crude oil exports, first quarter profits
A recent storage terminal fire that shut down the Houston Ship Channel for several days did not dent crude oil exports or first quarter profits for pipeline operator Enterprise Products Partners LP. Source: FuelFix
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Renewables represent one-third of global power production
Renewable energy, especially wind and solar power, is become more popular globally, with 171 gigawatts of renewable power sources added last year, according to the International Renewable Energy Agency, an intergovernmental group based in the...
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KBR posts last full earnings report as an EPC company
Houston-based KBR posted a $40 million profit in its last full earnings report as an engineering, procurement and construction company. Source: FuelFix
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