Archives for 2019
Targa Resources closes $1.6 billion deal to sell stake in Bakken assets
Houston pipeline operator Targa Resources has closed a $1.6 billion deal to sell a 45 percent stake in its Bakken Shale assets in North Dakota. Source: FuelFix
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Marathon Petroleum to invest $1.2B in Galveston Bay refinery
Marathon Petroleum will spend $1.2 billion upgrading its Galveston Bay refinery complex in the next three years as part of ongoing program to integrate and modernize its Texas refineries.For the past few years the Ohio-based...
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Motiva to buy, rehab 2 historic buildings in Port Arthur
Motiva Enterprises on Wednesday announced plans to purchase a pair of historic buildings in downtown Port Arthur for 500 office workers, including an undetermined number of expected new hires. Source: FuelFix
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Brent steadies below $70 amid stockpile surge, trade optimism
Oil steadied below $70 a barrel in London, a level not breached since November, as a surprise surge in U.S. crude stockpiles showed that markets remain adequately supplied. Brent crude futures, the international benchmark, reversed...
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Biggest solar investments in Texas in places with regulated utilities
Four Texas counties are installing solar panels at higher rates than the rest of the state, reflecting subsidies and other financial sweeteners from regulated utilities outside the deregulated parts of Texas that are encouraging investments...
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