A slew of issues, including high inventories, sluggish exports and delays in cracker startups, dog NGL and push ‘barrels’ to early-2016 levels.
Motiva, the U.S. refining arm of Saudi Aramco, plans to operate the Flint Hills chemical plant while it builds three giant petrochemical units within its Port Arthur complex.
President Donald Trump told workers on Aug. 13 at a $6 billion petrochemicals plant being built in western Pennsylvania that more big U.S. energy projects were coming as his administration rolls back environmental regulations.
Updated: Exxon Mobil said it was fighting a fire that erupted on July 31 at its Baytown, Texas, refining and chemical plant complex, injuring 37 workers and sending nearby residents indoors.
An intensifying tropical storm in the U.S. Gulf of Mexico cut more than half the region's oil production, with energy companies evacuating staff from offshore facilities and a coastal refinery.