Energy & Environment
Exxon Was Hit Hard In 2020. How It Rebounds Could Shape Houston’s Future
Posted on · Like many oil and gas companies, ExxonMobil had a rough 2020. But what does that mean for Houston?
Energy & Environment
Energy & Environment
Weekly Oil And Gas Update: Natural Gas Demand And Production Expected To Decline This Year
Posted on · Plus: oil and gas companies are among the corporations rethinking political contributions, amid increased calls from investors and the public for businesses to cut off donations to lawmakers who voted to challenge Biden’s victory.
Energy & Environment
Weekly Oil & Gas Update: West Texas Crude Rallies to $50 Per Barrel In First Week of 2021
Posted on · After nearly a year of devastatingly low oil prices, West Texas Crude is once again back to $50 per barrel. Also this week, Exxon reveals emissions details for customer use of its products, plus the state legislature could take up flaring in the upcoming session.
Energy & Environment
2 Texas House Bills Look To Curb Natural Gas Flaring
Posted on · One bill would significantly limit the practice of natural gas flaring and venting. The other House Bill directs the state to further study the impacts.
Energy & Environment
Weekly Oil Market Crash Update: Texas Oil Set To End The Year At Less Than $50 Per Barrel
Posted on · Throughout 2020 producers have had to cope with low prices, and it looks like that struggle will continue into January. Also this week, layoffs at Parsley Energy and Halliburton.
Energy & Environment
Weekly Oil Market Crash Update: Biden Expected To Name Former Michigan Gov. Jennifer Granholm As Energy Secretary
Posted on · Granholm will help oversee the Coronavirus recovery as well as the shift to a clean energy economy. Also this week, Exxon cuts 700 Houston workers and Parsley Energy sheds 230 from its Austin workforce.
Energy & Environment
Houston Strengthens Regulations For Storing Hazardous Chemicals, After Watson Grinding Explosion
Posted on · The Watson, Grinding & Manufacturing plant explosion in January killed three and damaged hundreds of homes.
Energy & Environment
The World Is Shifting To Clean Fuels. Can Houston Still Be A Global Energy Leader?
Posted on · The energy industry is changing, and Houston, long known for its dominance in oil and gas, plans to remain an international leader through the transition.
Energy & Environment
Report: Texas Isn’t Prepared For Climate Change’s Impact
Posted on · A new report looks at how states are preparing to deal with public health issues that are worsened by climate change.
Energy & Environment
Weekly Oil Market Crash Update: Analysts Say 2020 Was The ‘Pivot Point’ For Non-Carbon Energy Transition
Posted on · The pandemic has added momentum to the shift away from fossil fuels, although the transition is still expected to take decades. Plus another merger, and modest jobs gains in oilfield services.
Texas
Seven Injured When Oil Storage Tank Explosion Rocks Corpus Christi’s Refinery Region
Posted on · The explosion site was at the Magellan Midstream storage tank facility, near the turning basins for tankers and other ships that enter the industrial port channel.
Energy & Environment
Weekly Oil Market Crash Update: COVID-19 Vaccine Hopes Push West Texas Crude To $45 Per Barrel
Posted on · Oil is up to $45 per barrel, plus the upstream sector added 600 jobs last month.
Texas
As Texas Grows, Communities Face An Unwelcome Neighbor: Concrete Companies. Homeowners Have Few Options
Posted on · Concrete companies say they’re just following the law. A handful of bills addressing the issue have been filed for the 2021 legislative session.
Energy & Environment
Oil Is In Trouble. So Is Texas
Posted on · Communities and small companies that rely on the oil industry are struggling.
Energy & Environment
Weekly Oil Market Crash Update: Trump Administration Opens Up 78 Million Gulf Acres For Oil And Gas Exploration
Posted on · The President looks to open up a large swath of federal waters for oil and gas drilling, plus one major oil and gas conference has already postponed its 2021 event due to the pandemic.