Petrobras reports $754M quarterly profit

March 24, 2017 0

Brazilian state-held oil company Petrobras, the center of a huge corruption scandal in the country, reported this week it turned a $754 million profit in the fourth quarter of 2016, vs. a $9.42 billion loss in the year-earlier period.

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Way cleared for $10 billion petchem plant

March 24, 2017 0

A $10 billion petrochemical complex north of Corpus Christi, Texas, can move forward after a local school board unanimously approved millions of dollars in tax breaks sought by developers.

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Powelson equates ramped up pipeline protests as ‘jihad’

March 23, 2017 0

STATE COLLEGE, Pennsylvania – A current commissioner and former chairman on the Pennsylvania Public Utility Commission on Tuesday equated protestors who have ramped up their protests against the Federal Energy Regulatory Commission as an Islamic “jihad.”

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