The temporary enforcement policy announced by the Environmental Protection Agency (EPA) triggered criticism about some in the oil and gas industry getting a “license to pollute” during a public health emergency.
AFPM recently voiced its disappointment at the decision by the U.S. Supreme Court not to hear ExxonMobil’s challenge to the New Hampshire Supreme Court’s decision to uphold a $236 million judgment against the company’s use of Methyl Tertiary Butyl Ether (MTBE) in the state’s gasoline supply in the 1990s.
Have you ever wondered how crude oil or natural gas is processed, and how it becomes the building blocks of products we use everyday? This infographic gives a basic snapshot of how petrochemical...
Publicly owned companies, like many U.S. refineries, have a fiduciary responsibility (which is a legal obligation) to act in the best interest of their shareholders, and that extends to how companies spend their earnings. Often, earnings are spent on a combination of the following: direct dividends, stock buy back programs, paying down debt and capital investment projects.