Jude Hislop

Univ. of Houston students work with industry on powerful new blowout preventer

News

Read says his design can deliver five million pounds of shear force, more than twice as much as the most powerful rams shears available today University of Houston engineering students are expected to complete a CAPSTONE project in their senior year. For one group of seniors, that means working on cutting-edge designs for the next […]

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The facts behind Obama’s decision to reject Keystone XL

Uncategorized

Gasoline made from oil sands bitumen only 17% more GHG-intensive than average American gas Late last week, President Obama formally rejected Transcanda’s request to build its “Keystone XL” pipeline, which would have pumped oil derived from Canada’s tar sands to refineries on Texas’s gulf coast. The decision came after years of speculation as to whether the

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Falling profits for Middle East chemical producers affect planned investments

Energy Financial

Recent cancellation of Al Sajeel, Al Karaana projects are examples of how oil price slowdown already impacting investments in region The unexpected drop in global crude oil prices appears to have caught some chemical producers in the Middle East off guard, resulting in their companies reporting significantly lower profits or losses in the third quarter and

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Green Plains completes Texas ethanol facility acquisition

News

The company bought plant from gasoline retailer Murphy USA Inc for $93.8 millionUSD Green Plains Inc. today announced that it has completed the acquisition of an ethanol facility located in Hereford, Texas. The Hereford facility is the company’s fourteenth ethanol plant, bringing Green Plains’ total production capacity to more than 1.2 billion gallons per year.

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Clean energy tech accelerating in US marketplace – DOE

News

‘2015 Revolution…Now’ shows dramatic cost reductions continue to drive adoption of clean energy technologies WASHINGTON, DC – Ahead of the International Energy Agency’s Ministerial in Paris, which serves as a lead-up to the COP21 UN Climate Negotiations, the U.S. Department of Energy (DOE) has released the 2015 Revolution…Now report, which details the state of several clean energy technologies in

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Fracker Trican lowers US costs, adjusts operations to slower market

Energy Financial

Management has meaningfully reduced the U.S. operations’ cost structure and continues to adjust it to current industry activity and operating conditions Texas hasn’t been kind to Trican Well Service in the past year. The Calgary-based company idled the last of its two fracking crews in Oct., with only six of its 16 U.S. units still operating. Last

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EnerVest buys $1 billion of oil and gas assets in Eagle Ford, Virginia

News

Acquisition adds to EnerVest’s position in Appalachia, includes additional drilling opportunities at today’s commodity prices HOUSTON – EnerVest, Ltd., and its institutional partnerships today announced two oil and gas acquisitions – Nora Field in Virginia, Eagle Ford Shale in south Texas – for approximately $1 billion. The company signed an agreement to acquire the Nora Field in Virginia from subsidiaries

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Sanchez Production Partners reports third quarter 2015 Results; 2016 forecast

Energy Financial

For the first nine months of 2015, the Partnership’s capital spending totaled approximately $1.3 million. HOUSTON, TX – Sanchez Production Partners LP has reported Q3 2015 results, announced plans to implement a unit repurchase program, and provided a base case forecast for 2016. Highlights from the report include: An initial distribution declared on the Partnership’s common units of

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