Olin Corporation announced that it has declared a force majeure for product shipments from its St. Gabriel, Louisiana facility until further notice. The force majeure was declared due to the continuing impacts of Hurricane Gustav. While the St. Gabriel plant suffered only minor damage as a result of the storm, it has only recently resumed [...]

Occidental Petroleum Corporation announced an agreement with SandRidge Energy to develop a West Texas hydrocarbon gas processing plant and related pipeline infrastructure that will provide carbon dioxide (CO2) for use in Oxy’s enhanced oil recovery (EOR) projects. The new CO2 resources are expected to expand Oxy’s Permian production by a minimum of 50,000 barrels [...]