December 15, 2020 — Permian Tank & Manufacturing has finished Chapter 11 bankruptcy procedures with its sale to Dallas-based New Permian Holdco LLC. The buyer pledged to continue with Giddings-based Permian Tank’s business, …
December 15, 2020 — A number of electric utility companies use the software provided by Austin-based SolarWinds, which officials say was the target of large but selective hack recently, and while utility managers …
December 12, 2020 — Houston’s Genesis Energy LP will end a cash tender offer to buy outstanding unsecured notes this Wednesday. Genesis said the offer to purchase any and all of the outstanding …
December 12, 2020 — Nestle is extending its reach among renewable power plants into the Texas market as the singular investor in a Pecos County plant that will be selling power to Goldman …
December 12, 2020 — The parent company of AEP Texas has added a DuPont de Nemours Inc. executive to its board of directors. Daryl Roberts, 51, is senior vice president, chief operations and …
December 11, 2020 — A London-based company said this week it will continue in plans to buy power plants that include one in Texas and another in New Mexico. ContourGlobal said it’s buying …
By Alex Mills Demand for petroleum products declined this year in reaction to reduced economic activity due to the COVID-19 pandemic, but the future looks much better, according to a report from the …
December 10, 2020 — The board at Houston-area fracing support services and sand production company Hi-Crush Inc. has a new team taking over. Dirk Hallen has been named CEO, while Stephen White has …
December 9, 2020 — The Railroad Commission of Texas issued a total of 382 original drilling permits in November 2020 compared to 958 in November 2019. The November 2020 total includes 321 permits …
December 9, 2020 — The Woodlands-based Newpark Resources has a new member of the board starting New Years Day. Newpark describes itself as “a geographically diversified supplier providing products, as well as rentals …
December 9, 2020 — Newly-formed Solar Proponent LLC, a solar project developer based in Austin, has backing from Houston private equity company EnCap Investments LP. Solar Proponent is also expecting growth capital from …
December 9, 2020 — CenterPoint Energy points out that Moody’s Investors Service has changed the utility’s rating outlook from Negative to Stable. Moody’s also affirmed Texas’s only investor-owned electric and gas utility’s Baa2 …
December 9, 2020 — The Railroad Commission of Texas (RRC) is accepting public comment on proposed revisions to the instructions to Form PR Monthly Production Report. The proposed revisions will support the RRC’s regulation …
December 7, 2020 — Third Coast Midstream, LLC has completed the sale of its East Texas gathering, processing, and fractionation business to J. Global Energy Midstream LLC The 3CM East Texas is a 710-mile oil and …
December 9, 2020 — Oil and gas industry job losses in Texas are worse than previously reported, based on updated employment estimates from the Federal Reserve Bank of Dallas and the Texas Alliance of …
December 9, 2020 — The Railroad Commission of Texas assessed $592,087 in fines involving 115 enforcement dockets against operators and businesses at the Commissioners’ Conference on Dec. 8. The Commission has primary oversight …
December 9, 2020 — The executive director of the Public Utility Commission of Texas resigned on Wednesday. John Paul “JP” Urban III notice is effective immediately, the agency said. The commission will meet …
December 8, 2020 — There were goodbyes at Tuesday’s ERCOT board meeting in Austin as members Craven Crowell, Judy Walsh and Karl Pfirrmann completed their final terms on the Board of Directors. The …
December 8, 2020 — Vistra has named its COO as the new president and CFO, while the company’s former CFO prepares to join Evergy Inc. Jim Burke has been executive vice president and …
December 7, 2020 — After challenges in 2020 it’s never faced before, Pedernales Electric Cooperative (PEC) is doing well and its CEO Julie Caruthers Parsley is being honored for keeping the co-op on …