(Jerry Baker/For the Houston Chronicle)

CB&I gets $2.8 billion petrochemical contract in Oman

CB&I, which operates out of The Woodlands, will build the Liwa Plastics Industrial Complex Project for the Oman Oil Refineries and Petroleum Industries Company, called Orpic.
(AP Photo/Reed Saxon, file)

Gasoline expected to dip below $2 nationwide for Thanksgiving

Gasoline costs also could continue to come down through December, according to GasBuddy, which noted that prices don’t always spike during busy driving weeks.
(Ty Wright/Bloomberg)

Gasoline prices are back on the decline, despite global terrorism concerns

Average retail prices on Monday for regular unleaded gasoline dipped by nearly 3 cents from last week down to $1.91 for the Houston area and $1.92 for Texas as a whole, according to GasBuddy’s daily survey data. In Houston, prices are 78 cents lower than the same time last year.
Gasoline prices continue to fall and appear to be headed even lower as motorists prepare to hit the roads for Thanksgiving. ( Johnny Hanson / Houston Chronicle )

Gasoline prices temporarily rose after brief oil spike

The gasoline increase comes in the wake of the U.S. benchmark for oil rising from $43.20 a barrel on Oct. 28 up to $47.90 by Nov. 3.
LyondellBasell CEO Bob Patel left, and plant manager Todd Monette right, walk through the Olefins Plant of LyondellBasell Chemical Company during a tour Friday, Aug. 21, 2015, in Channelview. 
 ( James Nielsen / Houston Chronicle )

LyondellBasell names new CFO from Switzerland

LyondellBasell said its new executive vice president and CFO will take over on Jan. 1.
(Ty Wright/Bloomberg)

Gasoline dips to $1.90 a gallon for Greater Houston

Patrick DeHaan, senior petroleum analyst for GasBuddy, predicted gasoline prices may tick up slightly this week and then come down more as the holiday season approaches.
(Lisa Poole / AP2009)

Phillips 66 posts big gain in earnings

Refining profits alone jumped 80 percent thanks to cheap feedstock from low oil prices and stronger margins.
(Jeff Kowalsky/Bloomberg News)

Marathon, CVR post rising refining profits

Low gasoline prices are cutting into revenues, but low oil prices mean much lower feedstock costs and better margins.

Tesoro’s profits soar

The San Antonio-based refiner’s earnings from continuing operations jumped to $759 million, or $6.13 a share, compared with earnings of $397 million, or $3.06 a share, for the same period a year ago.
(David Paul Morris/Bloomberg)

Valero Energy’s profit jumps 30 percent

Valero, the nation’s largest refiner, attributed the higher net income mostly to higher margins in its refining segment and healthy demand.