Posted on November 5, 2014 at 1:20 pm by Rhiannon Meyers in
General,
Hydraulic fracturing |
The resurgence in domestic drilling made possible by new techniques like hydraulic fracturing and horizontal drilling has created thousands of new jobs since the recession, and nowhere is that more evident than the Lone Star State.
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Posted on November 4, 2014 at 10:25 am by Rhiannon Meyers in
Crude oil,
General |
Despite falling oil prices, Marathon Oil said it remains committed to key U.S. shale plays.
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Marathon Oil reported a 24 percent drop in third-quarter profit, as lower crude prices offset higher production.
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Posted on November 3, 2014 at 2:04 pm by Rhiannon Meyers in
General |
Shale oil will continue to give U.S. refineries a cost advantage over their European peers, but a few big refinery expansions in Saudi Arabia could steal market share.
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Posted on October 31, 2014 at 8:17 am by Rhiannon Meyers in
Crude oil,
Finance/Earnings,
General |
The second-largest U.S. oil company also benefited from selling off some some of its assets as part of three-year divestment program.
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Posted on October 30, 2014 at 8:18 am by Rhiannon Meyers in
Refining |
Marathon Petroleum Corp. saw its profits triple on the widening price spread between crude and refined products and a record quarter for its convenience store segment.
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Posted on October 29, 2014 at 8:02 pm by Rhiannon Meyers in
LNG |
Freeport LNG has secured financing for the first of three liquefaction trains proposed for an export terminal in Quintana, Texas, the company announced Wednesday.
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Posted on October 29, 2014 at 8:06 am by Rhiannon Meyers in
Refining |
Plummeting crude prices worldwide doubled Phillips 66′s profits in the third quarter, providing the company with a cheaper feedstock to run its refineries.
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Posted on October 28, 2014 at 3:15 pm by Rhiannon Meyers in
featured,
Natural gas |
As companies scramble to announce new plants and expansion projects to capitalize on abundant supplies of cheap, natural gas, Cheniere Energy is nearly finished with the first phase of its liquefaction export terminal.
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Posted on October 27, 2014 at 1:01 pm by Rhiannon Meyers in
Chemicals |
Construction will generate about 1,000 jobs at its peak, the company said.
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Posted on October 27, 2014 at 10:56 am by Rhiannon Meyers in
Chemicals,
General |
The company attributed the increase to growing demand for key products, including textile dyes and chemicals and a specific kind of polyurethanes.
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Posted on October 24, 2014 at 2:48 pm by Rhiannon Meyers in
Chemicals,
General |
The international chemical giant continued to capitalize on cheap raw materials cost while taking advantage of a tight U.S. market for ethylene.
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