From coast to coast, a liquefied natural gas highway is being built to fuel trucks that run on it. All told, 70 filling stations in 33 states should be built by the end of the year.
And while New York is not part of that plan – it’s the only state [...]
Read the original post by David Bertola
San Antonio-based Valero Energy Corp.’s pending decision to spin off its oil-transport assets into a separate partnership is not a done deal, but experts say industry trends suggest it’s highly likely.
Earlier this month, CEO Bill Klesse said the nation’s largest independent refiner is exploring the separation of up to $600 [...]
Read the original post by Sanford Nowlin
Cameron International Corp.’s (NYSE: CAM) decision to close its Montgomery County manufacturing facility could be due to a consolidation on the heels of an acquisition, one analyst says.
Although the Houston-based oil and gas equipment, systems and services provider said it will terminate 88 employees when the facility closes July 15, [...]
Read the original post by Molly Ryan
Although Freeport LNG Expansion LP has cleared a major hurdle in its path toward exporting liquefied natural gas to non-Free Trade Agreement countries, the Houston-based company cannot begin construction on an export terminal until it gets the blessing of the Federal Energy Regulatory Commission.
The company is right behind Cheniere Energy [...]
Read the original post by Deon Daugherty
The billions in capital that companies spend on buying Houston players has to go somewhere — eventually, it’ll hit the local economy in some way, said Tim Moore, a Houston-based managing partner at accounting firm Doeren Mayhew PC.
“They’re willing to put that capital into the market, and a lot of [...]
Read the original post by Collin Eaton
Hedge funds, led by billionaires and their bulky wallets, amassed positions in Houston companies in the first quarter, mirroring last year’s early shopping spree before a sell-off in the third quarter.
Five well-known billionaire investors bought or increased stakes in Houston-based companies, or those with a significant presence in the city, [...]
Read the original post by Collin Eaton
Sometimes, making big cuts in energy use really is as easy as changing a light bulb.
Especially if a lot of businesses ditch their old light bulbs for new, energy efficient ones.
Business customers accounted for 56 percent of the total energy savings Xcel Energy Inc. achieved in 2012. And upgrading lighting [...]
Read the original post by Cathy Proctor
The ability to produce electricity from sunlight via photovoltaic panels has garnered much attention in recent years.
But some say using the sun’s heat, via solar thermal technologies, is a better way to cut utility bills.
“Solar thermal is a mature technology that’s been around since the early 1980s,” said Laurent Mellion, [...]
Read the original post by Cathy Proctor
Outages and slowdowns in at least four Midwest refineries — including HollyFrontier Corp.’s refinery in El Dorado — could push the cost Kansans pay for gasoline to an all-time high.
Patrick DeHaan, senior petroleum analyst with the gasoline price-tracking website Gasbuddy.com, says the record average for a gallon of regular gasoline [...]
Read the original post by Josh Heck
Hispanic Network Magazine has named Georgia Power to its 2013 “Best of the Best” list that recognizes organizations in multiple industries that strive for diversity in their business practices.
The list is compiled from market research, independent research, diversity conference participation and interviews that were performed by agents and/or affiliates of [...]
Read the original post by Carla Caldwell
The New Zealand Herald : NZ : The Green Party will bid in a tender for oil and gas exploration to try to protect New Zealand waters from a Gulf of Mexico-like oil spill disaster.Bidding for Block Offer 2013, the non-financial tendering process for oil and gas…
Read the original post by Weirton Daily Times
The Australian : AU : SHOTS have reportedly been fired at a coal-seam gas protest northwest of Brisbane.
Read the original post by Weirton Daily Times
Scoop NZ : NZ : The amended Crown Minerals Act regime is designed to: – encourage the development of Crown-owned oil, gas and mineral resources – streamline the regime where appropriate and make it better able to deal with future developments – ensure there is …
Read the original post by Weirton Daily Times
Sify : IN : NEW DELHI, May 24 – India has made “tremendous progress” in reducing oil imports from Iran, a senior U.S. government official said on Friday, in a sign the South Asian nation is likely to
Read the original post by Weirton Daily Times
IndiaVision : IN : Brazil’s first auction of contracts to develop offshore oil and gas reserves in the pre-salt region will be held in October, or earlier than previously scheduled, the government said Thursday
Read the original post by Weirton Daily Times
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