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Phillips 66 names Louisiana worker believed dead from pipeline explosion
Phillips 66 said employee Josh Helms is believed dead from a pipeline explosion last week in Louisiana. Workers were conducting maintenance at Phillips 66 Paradis pipeline station southwest of New Orleans when an explosion at...
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One worker still missing in Phillips 66 pipeline fire
Staff and wire services PARADIS, La. — An unidentified Phillips 66 employee was still missing Friday following a fire at a pipeline here operated by the Houston refiner, authorities said. A Thursday night explosion sparked the...
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Rig count hops up 12; Permian Basin again drives rise
The number of oil and gas rigs in U.S. fields rose again this week, up 12 or about 170 over the past three months. This week’s count marks the fourth increase in a row, and...
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Market Currents: Changing dynamics of U.S. LNG, LPG and Oil
A supportive IEA monthly report has encouraged a Friday rally for black gold, Texas tea. As prices ping around in their current tight trading range, approaching resistance once again, hark, here are five things to...
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Calpine’s earnings down 60 percent from 2015
Houston-based Calpine Corp.’reported Friday that profits fell sharply last year as low prices squeezed margins and the company grappled with higher taxes. The power company reported profits of $92 million for 2016, down 60 percent...
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