Archives for 2018
Houstonians paid 9.4 percent more for power last year
The U.S. Bureau of Labor Statistics reported that Houston area residents paid 9.4 percent more for electricity in November compared to a year earlier, reflecting fears of shortages in the wholesale electricity market that drove...
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Corpus Christi LNG's first shipment headed to new market in Europe
The first shipment of liquefied natural gas from Cheniere Energy’s new plant at the Port of Corpus Christi is headed to a new market for the Houston-based company in Europe. Source: FuelFix
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Saudi Arabia to target U.S. with sharp oil export cut, sources say
After flooding the U.S. market in recent months, Saudi Arabia plans to slash exports to the world’s largest oil market in the coming weeks in an effort to dampen visible build-ups in crude inventories. Source:...
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NextDecade lands state permit for Rio Grande LNG project
Houston-based NextDecade has obtained three state permits needed for its proposed liquefied natural gas export terminal at the Port of Brownsville. Source: FuelFix
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Layoffs hit Beaumont-area petrochemical plant
Trecora Resources, a Sugarland-based petrochemical manufacturer, will lay off 20 percent of its workforce at a Silsbee,Texas facility just north of Beaumont, the company said Thursday. Called South Hampton Resources, the Trecora facility specializes in...
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