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On December 6, 2017, an Enterprise Products pipeline exploded around 1:30 am near Loving, in southeast New Mexico. Eddy County officials asked residents within a 2-mile radius of the intersection of U.S. Highway 285 and State Road 31 to voluntarily evacuate.
When Gulf Oil decided to build a new chemicals plant in 1962, the company made the announcement at a Baytown Chamber of Commerce luncheon. Some 230 people attended a lunch on March 13, 1962 to hear Gulf Oil vice president Dr. Alexander Lewis Jr. discuss his company's plans for the 1,000 acres of prairieland just east of the town's center.
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In January 2014, Roman Abramovich through his Millhouse LLC, which is a Moscow-based asset management company, signed an agreement at the John Houghtaling II house in New Orleans and made a $50 million investment in the American Ethane Company but backed out in late 2015 after the Russian intervention in Ukraine and the Russian annexation of Crimea because of sanctions against Russia. [6]
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The ethane price risk associated with this deal is mitigated via the previously announced long-term agreement to supply NOVA Chemicals Corporation with up to 17,000 bpd of ethane and ethylene.
Facility in Houston. LyondellBasell's United States operations filed for Chapter 11 bankruptcy protection in January 2009, and emerged from bankruptcy in April 2010. [11] Its former parent company, LyondellBasell Industries AF S.C.A. was replaced by LyondellBasell Industries N.V. [12] It was listed on the New York Stock Exchange on October 14, 2010.
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