Tag: Houston
CERAWeek: OPEC, US shale producers and hedge funds talk on supply glut
US shale producers, OPEC hold bilateral meetings at CERAWeek OPEC representatives met with US shale producers along with hedge funds at the CERAWeek energy conference in Houston to discuss taming the global oil glut. Mohammed Barkindo, OPEC Secretary General said the introductory discussions involving fund executives and shale producers, including Pioneer Natural Resources and ConocoPhillips were […]
Premier Notley, energy minister head to Texas to promote energy trade
Alberta supplies 34% of US oil imports, 99% of US natural gas imports Alberta’s energy sector and deep trade ties with the United States will be the main focus as Premier Rachel Notley and Energy Minister Margaret McCuaig-Boyd head to Houston March 6-8 for CERAWeek, a major American energy conference. Notley will participate in a panel […]
Lyondell, buyers differed on value of Houston refinery
Lyondell, buyers differed on value of Houston refinery -CEO By Erwin Seba HOUSTON, Feb 3 (Reuters) – Differing estimates between would-be buyers and LyondellBasell Industries over the value of the company’s Houston refinery resulted in Lyondell’s inability to sell the plant last year, Chief Executive Bob Patel said on Friday. A sale of the plant, […]
Lyondell Houston refinery draws bids from Aramco, Valero, Suncor
Saudi Aramco bids $1.5 billion for Lyondell Houston refinery By Jessica Resnick-Ault and Erwin Seba NEW YORK/HOUSTON, Oct 21 (Reuters) – At least three firms including Saudi Arabian state oil giant Saudi Aramco have bid over $1 billion for the Lyondell Houston refinery, according to four people familiar with the process. The Saudi firm was initially seen as […]
Sunoco Logistics: 7 workers injured in Texas fire, no impact to terminal ops
4 workers remain in burn centers in SE Texas. 3 were flown to hospitals in Houston and Galveston HOUSTON, Aug 13 (Reuters) – A fire on Friday night that injured seven workers had no significant impact on operations at Sunoco Logistics’ giant crude oil terminal on the Texas Gulf Coast, a company spokesman said on Saturday. “This hasn’t […]
Houston commercial real estate market slammed by oil price rout
Highest vacancy rates in Houston commercial real estate market in 20 years By Ernest Scheyder HOUSTON, July 7 (Reuters) – The prolonged slump in oil prices has slammed the office market in the U.S. energy industry hub of Houston, where more than 10 million square feet is available and vacancy rates are at their highest […]
Fairway Energy to go public in 2016, eyes crude storage auction
Fairway Energy building underground storage facility in Houston HOUSTON, June 7 (Reuters) – Fairway Energy plans to go public in 2016 and has filed an initial registration form with the Securities and Exchange Commission, a company senior executive said on Tuesday. The company will go public anytime after Aug. 1 and has not yet engaged […]
Houston oil trader Tim Holan spent 20 years moving circuses around the country
As logistics manager for Ringling Bros and Barnum & Bailey Circus Holan supervised world’s largest private train operation By Jarrett Renshaw HOUSTON (Reuters) – The rows of traders who line the massive trading floor at Mercuria Energy Group’s Houston headquarters rely on a string of modern conveniences to execute deals across the globe. But when they’re […]
LyndonellBassell refinery in SE Houston on fire
According to the Houston Chronicle, firefighters are battling a fire that broke out Friday morning at a southeast Houston refinery. The Pasedena Police Department said the fire broke out at 10 a.m. at LyndonellBassell facility at 1200 Lawndale near N. Allen Genoa and the firm’s crews are battling the flames. It’s one of the nations […]
Texas cities make top 25 in EPA’s cities with most energy star buildings
EPA tallies number of Energy Star certified buildings within each metropolitan area, including surrounding towns and suburbs Three Texas cities – Dallas-Fort Worth, Houston, Austin – are included in the 2016 list of top metropolitan areas with the most Energy Star certified building, says the Environmental Protection Agency. Dallas-Fort Worth came in at number seven with […]
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