Author: Shiloh

December 7, 2020 — NuStar Energy has closed on the sale of its terminals in Texas City. The deal to sell to Houston’s BWC Terminals for $106 million was announced on November 2nd. …

Updated Sunday 7:21 pm

December 6, 2020 — Five employees of an oil services company remain hospitalized, all in stable condition, after an explosion and fire on Saturday at a Magellan Midstream Partners petroleum storage tank farm in Corpus Christi.

Two of the seven have been released from hospitals, Corpus Christi Fire Department Deputy Chief Richie Quintero said Sunday.

December 4, 2020 — Expansion and updating at the 11-year-old Langford wind farm in West Texas is complete, according to owner Clearway Energy Group — part of a growing market for augmenting or …

December 3, 2020 — In a move that analysts say represents confidence that a post-pandemic market is on the horizon, OPEC and its allies have agreed to an increase in production by 500,000 …

December 3, 2020 — Houston’s Maverick Natural Resources is buying FourPoint Energy LLC, the largest producer in the Western Anadarko Basin. The plan is for FourPoint to became a wholly owned subsidiary of …

December 2, 2020 — Tellurian Inc.‘s new president and CEO is registered professional engineer.Octávio Simões, announced this week along with two new board members. He replaces Meg Gentle, who left the company on Monday …

December 2, 2020 — Lonestar Resources is out of bankruptcy, reorganized with a new credit line. The company emerged from Chapter 11 financial restructuring this week after eliminating about $390 million in debt …

December 2, 2020 — As it merges with Tulsa’s Mid-Con Energy Partners, Houston’s Contango O&G Co. says it’s buying assets in the Big Horn, Permian, and Powder River basins through a bank-owned liquidation …

December 2, 2020 — The Conservative Texans for Energy Innovation (CTEI) today announced the launch of the Texas chapter of the Land & Liberty Coalition (TX L&LC). The coalition is a grassroots organization …

December 2, 2020 — Occidental Petroleum is releasing its 2020 Climate Report, stating the company’s path toward “net-zero.” The company said Tuesday the report also provides an overview of “progress on its commitments, …

By Alex Mills The voting ended weeks ago, but the outcome of the 2020 Presidential election has not been finalized. Apparently, Joseph R. Biden Jr. will be declared the winner. At least he …

December 1, 2020 — Crude oil and natural gas production as reported to the Railroad Commission of Texas for September 2020 came from 168,740 oil wells and 84,707 gas wells. The RRC reports …

December 1, 2020 — The CEO of Tellurian has left her post and the company’s board. Meg Gentle left the LNG export developer over the weekend, even as the Houston-based company has been …

November 30, 2020 — A planned deepwater crude oil export facility just off the coast of Freeport, near Houston, has new support from the US Coast Guard and the US Maritime Administration. Sentinel …

November 28, 2020 — In a move that will help tackle one of the biggest and most solvable contributors to the climate crisis, major players in the oil and gas industry have agreed …

By Alex Mills November 23, 2020 — Once upon a time there was an industry in the United States that made so much money members of Congress claimed they made “obscene” profits. They …

November 27, 2020 — Laredo Petroleum has two new board members. University of Houston Juris Doctorate graduate Jarvis Hollingsworth and TCU graduate Lori Lancaster were last week appointed to Tulsa-based Laredo’s board as …

November 27, 2020 — Joining a national business trend, Delaware MLP and Permian player Western Midstream Partners, LP has released its first Environmental, Social and Governance (ESG) report. Western’s CEO said his company’s …

Herein: Amplify Energy, Ashrock, Black Stone Minerals, Cabot, Callon Petroleum, Centennial, CenterPoint Energy, Cheniere, CITGO, Comstock Resources, Concho, CSI Compressor, Dawson Geophysical, Diamondback & Viper, Energy Transfer LP, Enlink Midstream, Enterprise Products Partners, …