Dallas pipeline operator Energy Transfer is asking federal regulators for a five-year extension to build the company’s proposed Lake Charles LNG export terminal. Energy Transfer received a federal permit for the project in December 2015. Under the terms of that the permit, the 240-acre liquefied natural gas export terminal was supposed be operational by December […]
Companies have proposed at least eight offshore oil-export terminals — many requiring billions of dollars in investment — that would stretch from off the coast of Brownsville to southeastern Louisiana and take advantage of a new flood of crude from the booming Permian Basin as several pipelines connecting West Texas and the Gulf Cast near […]Read more "The race to build offshore oil export terminals – HoustonChronicle.com"
From foreign security agencies to hacking collectives intent on bringing modern society to a grinding halt, the more than 2.7 million miles of oil and natural gas pipelines crisscrossing the United States make an alluring target. And standing between hackers and potentially devastating disruptions to the nation’s energy system is a division with six employees […]Read more "TSA under scrutiny over pipeline security failures – HoustonChronicle.com"
The number of active drilling rigs plunged by 10 last week led by dips in West Texas and Louisiana. Nine of the losses came from rigs drilling for oil, and two of them were offshore rigs, which factored into the loss for Louisiana, according to weekly figures compiled by the services firm Baker Hughes, a […]Read more "Rig count dips in Texas, Louisiana – HoustonChronicle.com"
Methane could replace steel and all the greenhouse emissions associated with it.Read more "Natural gas has climate change-fighting qualities environmentalists can’t imagine – HoustonChronicle.com"
Weatherford International’s stock is trading below $1 a share. Schlumberger expects growth in its shale business to flatten or decline. General Electric reduced its ownership stake of Baker Hughes. Halliburton’s stock market value has fallen below what it was at one of the worst points of the last oil bust. Energy services companies are facing […]Read more "Oilfield services companies face another tough slog – HoustonChronicle.com"