Industry News

The latest in Martime Transport and the Petrochemical Industries

IPS is a service company that just happens to work in the petrochemical industry, but bottom line, we exist to meet the service needs of our customers. Our industry is vital to our nation’s ability to function. We are proud to serve in a roll that contributes to her needs. Throughout this time of uncertainty, […]

Some of the biggest energy companies in Houston are making changes to when and where some employees work amid the coronavirus pandemic and drop in oil prices. Halliburton Co. (NYSE: HAL) will furlough about 3,500 Houston employees for 60 days, according to Reuters and other reports. Furloughed employees will alternate working one week and being off the […]

Houston-based Kinder Morgan Inc. (NYSE: KMI) has started construction on Permian Highway Pipeline, a long-haul natural gas pipeline from the Permian Basin to the Gulf Coast. And despite a court case, the projected in-service date for the pipeline is still early 2021, said Dax Sanders, Kinder Morgan’s executive vice president and chief strategy officer. Sanders was […]