The proposed deal combines the largest processor of gas in the Marcellus and Utica shale regions of Pennsylvania and Ohio with a growing oil and refined products partnership, according to the statement.
The latest in the 11-year-old case between the Department of Environmental Protection and the petroleum company came Friday when Judge Michael Hogan heard roughly two hours of arguments from a coalition of seven environmental groups and state Sen. Raymond Lesniak on why they should be granted status as parties to the suit.
More than 30 refining expansions worth $14 billion total are under development across the United States as the industry hustles to take advantage of the oil glut, according to a new analysis by Petrochemical Update, which analyzes construction trends for the industry.
Enterprise said the new projects will bring the company’s polymer grade propylene distribution system to a total length of 587 miles and connect the system to more than 30 petrochemical facilities along the Gulf Coast.
The purchases mark a shift for the refinery, which had largely stopped importing Nigerian oil two years ago and had shifted to largely North American supplies, which have been trading at a discount to global crude.
The global oil slump is striking the upstream sector at a critical moment for downstream companies as they scramble to address a growing problem of a lack of qualified middle-management workers rising through the ranks, according to a new analysis by executive search firm Proco Global.
West Houston, with white-collar oil and gas jobs in the Energy Corridor, and the Galleria area will suffer more, while the more blue-collar East Houston workforce would be better off in the short term, the report contends.
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