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EOG Resources gets $400 million from private equity group
EOG Resources will get a $400 million cash infusion from private equity group Carlyle to develop oil and gas assets in Oklahoma over the next four years. The Houston oil producer’s joint venture with one...
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Crude rises on reported OPEC agreement to extend output cuts into 2018
Oil rose to the highest in a month as Saudi Arabia said all producers participating in output cuts agree on extending the deal through the first quarter of 2018. Futures climbed as much as 1.5...
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Exxon Mobil completes massive plastics expansion near Houston
Exxon Mobil said Monday it has completed a large plastics plant expansion in Mont Belvieu as part of a massive, multibillion-dollar petrochemical growth effort in the Houston area. Exxon Mobil said it finished mechanical construction...
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Texas Southern participates in national solar energy competition
Texas Southern University and a consortium of 13 other eastern and southern universities are competing for a U.S. Department of Energy grant that will help fund solar power projects for low income households. The...
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BP begins pumping oil from UK North Sea field
BP has begun pumping oil from a redeveloped field in the United Kingdom’s North Sea, firing up its third major project this year, the company said Monday. The British oil company’s North Sea project, dubbed...
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