Posted on November 13, 2014 at 12:46 pm by Rhiannon Meyers in
Chemicals,
General |
More than 120 petrochemical plants worth $80 billion are slated for construction, or scheduled to open, within the coming years, stoking concerns about a shortage of skilled employees to build and operate the plants once they come online.
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Posted on November 12, 2014 at 4:01 pm by Rhiannon Meyers in
Gasoline,
General |
For every 1 cent drop in gas prices, Americans save about $3.7 million.
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Posted on November 12, 2014 at 1:33 pm by Rhiannon Meyers in
Chemicals,
featured,
General |
Dow Chemical executives on Wednesday announced plans to sell off even more assets in the next two years, continuing a push to streamline operations and pull back from products that no longer fit within the company’s business strategy.
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Posted on November 11, 2014 at 11:21 am by Rhiannon Meyers in
Exploration,
Finance/Earnings,
Production |
The decision underscores the wide disparity between the economics of established shale plays and younger ones.
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Posted on November 10, 2014 at 5:18 pm by Rhiannon Meyers in
General |
Although Halcón posted a $186.9 million profit and saw production surge 16 percent in the third quarter, the Houston-based independent oil and gas company said falling oil prices necessitate a more conservative approach in 2015.
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Posted on November 10, 2014 at 10:58 am by Rhiannon Meyers in
Africa,
General |
Cairn Energy said initial analysis shows the well has “excellent reservoir sands” with as much as 118 feet of net oil pay.
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Posted on November 9, 2014 at 6:00 am by Rhiannon Meyers in
General,
Middle East,
Natural gas |
Amit Lang, director general of Israel’s Ministry of Economy, was in Houston recently seeking investment in the country’s nascent energy industry, and says it can offer high-tech water treatment and cyber-security technology in return.
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Posted on November 7, 2014 at 5:00 pm by Rhiannon Meyers in
General,
Middle East |
Iraq’s ambassador to the United States said Friday that he “sees positive signs” in the recently launched negotiations between Iraq and Kurdistan regarding oil revenue-sharing agreements, among other points of dispute.
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Posted on November 6, 2014 at 4:41 pm by Rhiannon Meyers in
Chemicals,
General |
The company is already building a $6 billion expansion at the same Cedar Bayou plant.
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Posted on November 6, 2014 at 10:58 am by Rhiannon Meyers in
Crude oil,
Finance/Earnings,
General |
Apache Corp. reiterated plans to double down on its positions in prolific U.S. shale plays even as crude prices continued to fall and the company’s profits slipped from last year.
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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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