Archives for 2016
Enterprise Products begins exporting ethane from new Houston terminal
The first shipment of 265,000 barrels of ethane left the Morgan’s Point terminal from La Porte on Wednesday morning en route to Norway aboard the Marine Vessel JS Ineos Intrepid. Switzerland-based Ineos is a major...
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Texas grid well-prepared for fall, winter electricity demand, ERCOT says
The electric grid held up well during this summer — even with multiple demand records broken in early August — and that is expected to carry over into the future, according to the Electric Reliability...
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An already-hot Permian basin continues to draw crowds
West Texas’ Permian Basin has held the hottest oil land in the United States for about two years. And it’s not slowing down. Last week, another energy firm bought in. Denver-based PDC Energy bought 57,000 acres from...
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Lucas Energy acquires Oklahoma, Texas properties
By Katherine Blunt Lucas Energy, a Houston oil and gas company, has finalized its acquisition of properties in Oklahoma and Texas, marking an expansion of operations concentrated in the Eagle Ford and Austin Chalk formations....
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Market Currents: Slowing imports indicate lower Chinese teapot demand
Crude prices are softening for a third consecutive day thus far, as a decent ADP employment report out in the U.S. has boosted expectations from Friday’s official employment report, as well as for an interest rate...
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