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On this final Friday in August, the crude complex is looking lower into the weekend after yesterday’s nutty 10% rally. The rollercoaster ride across financial markets continues apace, with Chinese equities rallying nearly 5% amid further market intervention from Chinese authorities to prop it up up. Overnight we have had a number of economic data […]
Encana Corp. said Tuesday it will sell $850 million of Louisiana shale play acreage to a partnership between a closely held Woodlands oil and gas driller and a private equity firm.
The appointments give Icahn a foothold on the company’s eleven-member board of directors, following his investment company’s purchase of 19.4 million shares or an 8.2 percent stake in Cheniere in August.
Those against PennEast’s proposal said during the mile-long march they’re concerned the pipeline would badly damage the landscape and natural resources in the region, and lower property values.
Speaking at the company’s sprawling Channelview complex where LyondellBasell will start up 250 million pounds of new ethylene capacity near the end of September, Patel said an announcement likely will come later this year on adding more production of polyethylene, which is the most common type of plastic.
Some leaks are decades old.
The result of increased production has been a stalemate between demand and supply in 2015 — natural gas prices today are about 5 percent lower than they were on Jan. 1.
At the George R. Brown Convention Center on Wednesday, wildcatters gathered to negotiate deals for oil and gas properties in Texas and elsewhere during the industry’s largest oil lease swap-meet, the summer NAPE.
The Petroken Petroquimica Ensenada business that LyondellBasell is unloading is one of the largest polypropylene producers in Argentina with a 180-kiloton plant in the country.
Fortress just opened its first “one-stop shop,” $12 million facility for saltwater disposal from hydraulic fracturing off of Interstate 10 between Houston and San Antonio.