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GROW Texas Fund Passes in Texas House of Representatives
May 7, 2019
The GROW Texas fund, filed by Reps. Brooks Landgraf and Tom Craddickhas passed in the Texas House of Representatives. House Joint Resolution, or the GROW Texas Fund, as it is known, passed through the House on Thursday by a 121-13
Sempra Energy’s Texas-based Port Arthur LNG Secures LNG Exports to Non-FTA Countries
May 7, 2019
Sempra Energy has secured an approval from the Department of Energy for its Port Arthur LNG to export LNG to countries that do not have a free-trade agreement (FTA) with the US. The authorization allows the Port Arthur LNG to
Oil and Gas Hits Record Oil and Gas Revenues in 2018 at $1.1 Billion
May 6, 2019
The Trump administration touted a record $1.1 billion in revenue from oil and gas on federal lands in 2018, noting that this increase coincided with practices that limited the acreage impacted by drilling, the Bureau of Land Management reported in
Chevron Completes Acquisition of Petrobras’ Pasadena Refining System, Texas
May 6, 2019
Chevron U.S.A. announced that it has completed the acquisition from Petrobras America of all the outstanding shares and equity interests of Pasadena Refining System (PRSI) and PRSI Trading for $350 million, excluding working capital. PRSI’s 466-acre complex in Pasadena, Texas,
Europe’s Imports of American Natural Gas is Soaring
May 6, 2019
Europe is making good on a promise to buy much more American natural gas as it seeks to ease transatlantic trade tension and reduce its reliance on Russian energy. The European Union has imported roughly 8 billion cubic meters of
McDermott Secures EPC Contract for Eni’s Amoca Field, Offshore Mexico
May 6, 2019
Eni México, a subsidiary of Italy’s Eni, has awarded a contract to McDermott International to deliver jacket and topsides for a wellhead platform for the Amoca field offshore Mexico. Under the engineering, procurement and construction contract, McDermott will provide the
U.S. Pipeline Agency Aims to Adopt Stalled Safety Rules
May 6, 2019
The head of the U.S. pipeline safety agency says officials intend to finalize long-delayed rules aimed at preventing oil spills and deadly natural gas explosions by the end of the year. The head of the U.S. pipeline safety agency says
Tellurian’s Driftwood LNG Receives Authorization for LNG Exports, Louisiana
May 3, 2019
Tellurian said that the United States Department of Energy (DOE) Office of Fossil Energy has issued the long-term authorization for Driftwood LNG to export domestically produced liquefied natural gas from its proposed export facility to non-free trade agreement countries. “I
ExxonMobil to Invest $2 Billion in Baytown Chemical Expansion Project, Texas
May 3, 2019
ExxonMobil said that it will proceed with a $2 billion investment to expand its Baytown, Texas chemical plant, which will create approximately 2,000 jobs during construction and contribute to the approximate 15 percent return the company expects from its chemical
NRG Energy to Return Its Inactive Gregory Natural Gas Plant to Service, Texas
May 3, 2019
NRG Energy expects to return to service its inactive 385 MW Gregory natural gas plant, in Corpus Christi, Texas. The Gregory plant ceased operations in late 2016 when its cogeneration partner, Sherwin Alumina, filed for bankruptcy and discontinued operations. Following
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