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  • Carlos Uresti makes changes to defense team

    Posted:Tue, 23 May 2017 12:08:47 +0000
    Embattled lawmaker Carlos Uresti is making changes to his defense team. The Texas state senator's defense attorney of record, George "Jorge" Aristotelidis, filed a pair of motions on Monday afternoon asking U.S. District Court Judge David Ezra for permission to withdraw from representing Uresti in two criminal cases. Uresti is out on a $50,000 bond after being indicted on fraud and money laundering charges in connection to a bankruptcy scandal involving defunct frac san company Four Winds Logistics…
  • Compost Crusader expands with new facility in St. Francis

    Posted:Tue, 23 May 2017 11:00:03 +0000
    Local business Compost Crusader is settling into a new home thanks to a broadening commercial customer base and increasing interest among Milwaukee-area residents in composting. Founded three years ago in owner Melissa Tashjian's home in Milwaukee's Bay View neighborhood, Compost Crusaders now has its own digs that will lay the seeds for future expansion. The firm — which helps residents and businesses divert their organic material from landfills through composting — recently acquired a 9,000-square-foot…
  • Atlanta slips in energy-efficiency efforts, according to national ranking

    Posted:Mon, 22 May 2017 23:30:03 +0000
    Atlanta is slipping in an energy efficiency ranking of U.S. cities. Georgia's capital ranked No. 18 out of 51 in the American Council for an Energy-Efficient Economy's 2017 City Energy Efficiency Scorecard, which takes local government operations, community-wide initiatives, building policies, energy and water utilities and transportation polices into account. The city dropped three spots from the previous ranking issued in 2015. In the 2017 ranking, Atlanta scored 51.5 points out of 100. For the…
  • CHS Inc. names new CEO, effective immediately

    Posted:Mon, 22 May 2017 21:40:58 +0000
    Longtime CHS Inc. executive Jay Debertin has replaced Carl Casale as CEO, effective Monday, the company announced. Debertin has been with CHS since 1984 and previously was the executive vice president and chief operating officer for the company's diverse energy operations and processing food ingredients business. Casale had been with the company for roughly seven years. Over that time, CHS roughly doubled the size of its balance sheet from $8.7 billion in 2010 to $17.3 billion at the end of the…
  • Extraction Oil & Gas confirms plans for pipeline at controversial Greeley drilling site

    Posted:Mon, 22 May 2017 20:55:52 +0000
    Extraction Oil & Gas, the company behind the controversial Triple Creek Farms drilling project in west Greeley, said Monday it will build a pipeline to carry oil out of the neighborhood. “It’s always been part of our plan, but it’s taken time for us to complete the comprehensive engineering, commercial and land use steps necessary,” said Brian Cain, a spokesman for Extraction (NASDAQ: XOG), on Monday. “It took more than two years to complete the necessary steps, but we’d always said…
  • Duke Energy figures show solar connections slowed to a trickle after new requirements

    Posted:Mon, 22 May 2017 20:38:21 +0000
    After Duke Energy unilaterally imposed new requirements on solar project connections to its N.C. grid last year, new connections dropped 75%, according to figures Duke has filed with regulators. Duke started changing its requirements in the second quarter of 2016. Quarterly figures Duke has since filed with the N.C. Utilities Commission show that from July 1, 2016 to March 30 Duke connected just 52 projects. During the same three quarters a year earlier — before the changes — Duke connected…
  • Huntsman CEO: 'Now was the time' for Clariant merger

    Posted:Mon, 22 May 2017 19:58:20 +0000
    The Woodlands-based Huntsman Corp. (NYSE: HUN) and Switzerland-based Clariant AG were able to reach an agreement just three weeks after their respective management team first met to talk about the deal — an incredibly quick pace for a multibillion-dollar merger. But to talk only about the past three weeks leaves off years of history behind this deal, which creates a combined company — called HuntsmanClariant — worth about $20 billion. The reason it was able to go from initial talks to announcement…
  • Exxon completes plastics expansion, to begin next step of proposed Gulf Coast project

    Posted:Mon, 22 May 2017 19:45:41 +0000
    Exxon Mobil Corp. (NYSE: XOM), which has a major presence in Houston, recently announced the completion of one Gulf Coast project and an agreement to take the next step for another. ExxonMobil Chemical Co. announced May 22 that two new high-performance polyethylene lines at its plastics plant in Mont Belvieu were mechanically complete. The 650,000-tons-per-year lines are expected to begin production during the third quarter of 2017 and will double the plant’s production capacity. The lines will…
  • Here's how the oil downturn impacted Houston's global trade

    Posted:Mon, 22 May 2017 19:43:26 +0000
    While Houston's trade industry has been pointed to as an economic respite from the ongoing oil downturn, it too has fallen victim to the low global oil prices of the past couple of years, according to a new report from the Greater Houston Partnership. The Houston-area's trade volume was down nearly $90 billion in commodity value in 2016 from 2014, according to the GHP's Global Houston May 2017 report. Much of that falls in oil-related sectors, including machinery, iron, chemical products, and oil…
  • ​Alon USA Energy to make Dallas layoffs after merger with Delek

    Posted:Mon, 22 May 2017 18:53:30 +0000
    Dallas-based oil refinery operator Alon USA is planning to lay off staff in the area after announcing a merger with Delek U.S. Holdings, headquartered near Nashville, earlier this year. Alon will lay off 92 employees in July, according to a WARN notice filed with the state last week. Delek had owned nearly half of Alon stock. The companies announced in January that Delek would purchase the remaining shares of Alon for about $464 million. The new company would be valued at an estimated $2.8 billion…