February 15, 2020
Memorial services are set for this Thursday for Texas philanthropist, art lover and oil money heiress Ann Marion…..
February 15, 2020
There’s a new version of the PowerToSaveTexas.org website now online, which the PUC says makes for increased accessibility…..
February 15, 2020
The Midland Reporter Telegram reports the death of onetime Texas gubernatorial candidate and legendary oilman Clayton Williams has died.
The Texas Energy Report has still not been able to confirm this news independently…..
February 14, 2020
Jackson Walker has added an M&A attorney who also represents energy clients to its partnership….
February 14, 2020
The PUC has approved CenterPoint‘s rate hike settlement of $23 million….
February 13, 2020
By Sean O’Neel from Texas Monthly 2/13/2020:
While Texas state representative Briscoe Cain’s brand is largely defined by his own tough-guy cosplay and Second Amendment-related trolling, he can’t just send people screenshots of his tweeting threats to Beto O’Rourke. That’s really more of an October strategy. So in the meantime, he’s ensuring that voters somehow remember the name “Briscoe Cain” by reminding them of his long, proven record of breeding.
By Alex Mills
February 13, 2020
Worldwide crude oil prices have been soft during the past five years because of weak demand and an oversupply.
Recent news of the coronavirus in China, the world’s largest oil importer, has reduced demand further as its economy struggles to counter the downturn.
The U.S. Energy Information Administration (EIA) on Thursday revised its forecast for global liquid fuels down 378,000 barrels per day from its forecast in January. EIA believes demand will still increase by 1 million barrels per day this year averaging 101.7 million barrels per day globally.
“The difference between the forecasts is driven by a combination of lower-than-expected heating fuel consumption caused by the Northern Hemisphere’s warmer-than-expected winter, an expected slowing of economic growth in general, and the particular economic effects of the 2019 novel coronavirus outbreak,” EIA said.
The International Energy Agency based in Paris also predicts a decline in its demand growth by 435,000 barrels per day…..
Houston company sued Spanish company after tests showed off-price flanges were not “normalized” as claimed
February 12, 2020
A US District Court judge in Texas has ordered the recall of certain flanges used in pipelines, chemical plants and refineries……
February 11, 2020
The 2020 taxes collected by the state of Texas from oil production in December were up more than 40% over the previous January, but natural gas income was down, according to the latest figures from the state comptroller’s office….
February 12, 2020
A second fiery petroleum train accident in just three months has this town’s residents pleading for a pipeline instead….
February 11, 2020
A former Apache Corp. business developer who specializes in mergers and acquisitions has returned as a partner at Latham & Watkins LLP, Houston….
February 11, 2020
Trinidad and Tabago-based Phoenix Park Gas Processors Ltd has acquired assets of a Houston company…..
Court-watchers eyeing “unprecedented” Harris County case in which company executives are charged with crimes along with the company … DA campaigned on cracking down on illegal polluters … Chemical company said it was in federal regulations compliance when chemicals exploded during Hurricane Harvey crisis, an “act of God”
February 11, 2020
Legendary Texas criminal defense lawyer Rusty Hardin will represent Arkema North America when the company and three of its leaders go on trial in Houston next week…..
February 11, 2020
After years in development, three Brownsville LNG projects and Corpus Christi LNG‘s Stage III facility have the go-ahead from the DOE……
February 9, 2020
Flaring is a process used primarily in the production of crude oil in which excess natural gas produced with the oil is burned off at the well head. An operator who wants to flare gas must receive authorization from the Railroad Commission of Texas……
February 9, 2020
There will likely be increased Japanese investment in Texas and increased opportunities for Texas companies to join in Japanese projects as a result of a Memorandum of Cooperation (MoU) signed by the US last week, analysts say…..
February 8, 2020
Drilling fluids systems and composite matting systems provider Newpark Resources saw weakness in its North American sector during the 4th quarter of 2019, with total revenue down and $0.19 per share of charges…..
February 7, 2020
Investor-owned utilities will have, for the first time, a standard method for reporting methane emissions under a new initiative from the Edison Electric Institute (EEI) and the American Gas Association, if plans underway are adopted…..
February 8, 2020
Residents near a chemical processing facility outside of Houston said they saw smoke and flames early Saturday morning at the plant, but officials say it was emergency flaring……
February 7, 2020
A person who was not on the Watson Grinding & Manufacturing property during an explosion has died from related injuries…..