FuelFix
Exxon expanding Beaumont plastics plant, adding jobs
ExxonMobil is expanding its Beaumont polyethylene chemical plant, adding a new unit and increasing the facility’s capacity by 65 percent, the company announced on Monday. It estimated the work will create 1,400 construction jobs and...
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Market Currents: Strong dollar clobbers crude
As the U.S. dollar pushes on to the highest level in a year, crude is correspondingly getting crushed today. While some may suspect the oil sell-off is due to a lack of confidence in an...
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Frank’s International names Douglas Stephens as CEO
Douglas Stephens is the new CEO of Houston-based oil services company Frank’s International N.V. Stephens was appointed by the Frank’s board of directors and succeeds Gary Luquette, who served as president and CEO since January...
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Houston gas prices fall nearly 4 cents a gallon
Houston drivers powered into the third week of November with another dip in retail gas prices driven by global dynamics, according to fuel analysts at GasBuddy.com. The metro area on Sunday posted an average of...
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Tudor Pickering Holt energy investment bank will merge with Wall Street firm
Houston energy investment banking firm Tudor, Pickering, Holt & Co. agreed to merge into a larger New York investment firm, Perella Weinberg Partners. The 175-person Houston boutique firm will keep its TPH name and operate...
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