HOUSTON, Aug 17 (Reuters) – U.S. refiner Phillips 66 (PSX.N) on Wednesday offered to acquire the public shares of gas and natural gas liquids pipeline operator DCP Midstream (DCP.N) in a $7.2 billion deal. Canadian pipeline […]
Phillips 66 may idle a New Orleans-area refinery that suffered so much damage during Hurricane Ida that repairs may be too costly, according to people familiar with the operation. Chief Executive Officer Greg Garland is […]
Oil and natural gas explorers in the U.S. Gulf of Mexico and Louisiana refineries have shut production as Hurricane Ida crashes ashore. Based on the latest forecast by the National Hurricane Center, Ida will make landfall near New Orleans […]
A strengthening Hurricane Ida, bearing high winds and the likelihood of flooding rain as it heads for the Louisiana coast, could damage the energy-heavy Gulf Coast economy and potentially have economic consequences well beyond the […]
Rigzone: Based on recent pageview figures, Rigzone’s downstream readers showed considerable interest in news about the sale of some BP assets and the cashflow challenges of another supermajor. Keep reading for this summary of three […]
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