Kinder Morgan Finds Backers for Pipeline Expansion
Houston, Texas-based Kinder Morgan has secured financing for its $5.5 billion pipeline in Canada, reports the Houston Chronicle. The pipeline, which will transfer crude from...
Texas
Congressman Gonzalez Starts Oil & Gas Caucus in House of Representatives
Congressman Vicente Gonzalez (TX-15) announced the formation of a Congressional Oil and Gas Caucus. This organization, composed of congressional members, will be created to educate...
Are Rising Texas Exports Too Much of a Good Thing?
by Tim McNally
The Port of Houston has seen a recent surge in Liquid Natural Gas (LNG) exports, which is terrific news for the industry, but it has...
Weir Oil & Gas Acquires Pressure Control Provider KOP Surface Products
Weir Oil & Gas has entered into an agreement to acquire KOP Surface Products, a provider of wellheads, surface trees, valves, actuators and aftermarket services...
Gulf States May Suffer if Proposed Budget Cut is Approved
by Tim McNally
Alabama, Louisiana, Mississippi and Texas received $36.5 million in payments between 2009 and 2016 due to an act passed by President Bush which allocated some...
Oil Spill Response Ltd Signs A ‘Memorandum of Understanding’ With Trendsetter And Halliburton For Integrated Subsea Well-Capping Response Solutions
Oil Spill Response Ltd (OSRL), Trendsetter Engineering and Halliburton announced the companies have signed a Memorandum of Understanding (MoU) for integrated subsea well-capping response solutions....
Virtual Reality Safety Simulator Prove O&G Industry Must Not Be Complacent on Training Workers
Lloyd’s Register (LR), a leading global provider of engineering and technology-centric professional services, put delegates attending OTC 2017 in Houston, Texas, through their paces with...
Increase in E&P Spending and Job Growth for Oilfield
by Tim McNally
Since the unfortunate downturn of the oil market in 2014, Exploration and Production (E&P) spending in oil companies has taken a large hit because companies...
Oil and Gas Economy in Texas Enters Expansion Cycle
by Alex Mills
Crude oil and natural gas drilling and development in Texas has embarked upon a new cycle of expansion, according to the latest Texas Petro Index...
Exxon Mobil Looks to Build Petrochemical Plant in Texas
by Tim McNally
Exxon Mobil’s and Saudi Basic Industries Corps’ joint plan to build a new petrochemical plant saw significant advancement on March 21, as a school board...