Archives for January 2020
Occidental starting widespread layoffs in Houston and beyond
The company is initiating a broad layoff effort this week from Houston to Denver as the Permian Basin’s leading oil producer aims to cut costs in the aftermath of its massive $38 billion acquisition of...
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Enterprise exports first ethylene cargo from Morgan's Point
Houston pipeline operator Enterprise Products Partners and British liquefied gas shipping company Navigator Holdings have exported their first cargo of ethylene from their newly completed terminal at Morgan’s Point. Source: FuelFix
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U.S. crude and gasoline stocks on the rise as oil prices fall
The nation’s stockpiles of commercial crude oil rose by 1.2 million barrels last week, while the country’s supplies of refined gasoline jumped by a much larger 9.1 million barrels, according to weekly data from the...
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Nearly $1B Gulf Coast Ammonia plant in Texas City to begin construction
A nearly $1 billion Gulf Coast Ammonia plant to help manufacture fertilizers received final approval to begin construction this year in Texas City near Galveston, the companies said Wednesday. Source: FuelFix
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Solar expected to grow in US, world
Global solar installers are expected to add 142 gigawatts of new power capacity this year, a 14 percent increase from 2019, according to a new report. Source: FuelFix
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