December 21, 2020 — Israeli geothermal company Ormat Technologies Inc. is buying a shovel-ready energy storage plant in Upton County, south of Midland-Odessa along the Edwards Plateau, from Con Edison Development. No financial …
December 21, 2020 — Infinite Energy, which retails electricity in Texas, is being acquired by Gas South. The deal closed on Friday at an unspecified sale price. Infinite Energy’s retail electricity business in Texas is …
December 20, 2020 — Denver’s Earthstone Energy has a new agreement to buy Permian operator Independence Resources Management, a Houston-based independent E&P backed by Warburg Pincus and its affiliates. Aggregate purchase price is …
December 20, 2020 — Eastern New Mexico’s 522 MW Sagamore Wind Project along the Texas border is now online. It’s now New Mexico’s largest single wind farm and was completed last week by Minneapolis’ …
December 19, 2020 — Introducing real-time variables into analysis of hydraulic fracturing during drilling is one aspect of O&G production being scrutinized by Texas A&M researchers with the goal of improved reservoir evaluation …
December 18, 2020 — In a unanimous vote, the PUC on Thursday named COO Thomas Gleeson as its new executive director, replacing John Paul Urban III, who resigned last week. Mr. Gleeson earned …
December 16, 2020 — ERCOT is seeing an increasing improvement in reserve capacity over the next few years as a key part of its latest electricity generation assessment. The Electric Reliability Council of …
December 16, 2020 — Fitch Ratings has downgraded the ratings on the following bonds issued by the City of Floresville, TX on behalf of the Floresville Electric Light and Power System obligations to …
December 15, 2020 — Legendary Houston investor Fayez Sarofim will retire from the Kinder Morgan board at the end of the month. KMI said on Tuesday that Fayez was an original shareholder in …
December 15, 2020 — A former Schwab trustee board member and onetime board member at ONEOK Inc. is back in the saddle at the Tulsa company. The ONEOK board of directors elected Gerald …
December 15, 2020 — In a win for civil rights and environmental protection in Texas, the state has agreed to guarantee access to information and opportunities for Spanish-language and other non-English dominant communities …
December 15, 2020 — The Pedernales Electric Cooperative (PEC) is awarding $25,000 in community grants to local community nonprofit organizations for the fourth year in a row. Through its Power of Change program, …
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 …