Author: Emily Burleson

Some oil and gas producers argue they could feel a pinch from higher royalty rates on federal leases included in the bill.

“Questions we get from producers are basically: How many trailers do you have? How much gas can you compress and can you move? And can you do it yesterday?”

“In general it’s very, very difficult from a regulatory standpoint to get a new refinery built.”

Following the Toledo refinery’s sale, BP will be left with just two refineries in the U.S.

If development continues and the refinery is built, it would rank in the top 30 largest refineries in the U.S.

Construction on the project will start in 2023, and the investment of $1.1 billion will be spread over three years while the unit continues to produce chlorine and caustic soda, CEO Vicki Hollub said.

Freeport LNG reached an agreement with the Pipeline Hazardous Materials Safety Administration, a federal agency, laying out the provisions under which Freeport LNG can restart operations.

Enterprise did not specify how much it plans to spend on the new plants and pipeline expansion, but the company is not adjusting the expectations shared with investors around how much it plans to spend in coming years, co-CEO Jim Teague said during the…

LyondellBasell tried to sell the refinery but failed to find a buyer. Now the company is evaluating what it can do with its prime real estate.

LyondellBasell is one of dozens of companies that rushed in recent months to file Chapter 313 applications before the program expires at the end of 2022. Click through to read more about the projects LyondellBasell is considering as well as its newly r…