Kinder Morgan Energy Partners said this week it would spend $106 million to buy about 20 acres next to its Pasadena terminal, build nine new storage tanks and build a new barge dock that is expected to help relieve current barge congestion in the Houston Ship Channel. The land will be used for a future [...] More »
Israel is working to get the message the country is an ideal place for foreign investors to spend their capital.
The OTC floor is heavy on big pieces of equipment and flash displays. But there are also enough models of rigs, platforms and ships – many created to scale – to make a good-sized display in a museum. More »
Enterprise Products Partners reported Tuesday that quarterly net income attributable to its limited partners rose 16 percent to $754 million from $651 million for the first quarter of 2012. More »
BHP Billiton Petroleum, the Houston-based arm of Australia’s BHP Billiton, has inked a five-year sponsorship deal with the Houston Texans and Houston Livestock Show and Rodeo, the organizations announced Monday. More »
This year’s May 4 Kentucky Derby field includes a horse oil and gas workers can get behind – though his odds of winning aren’t very good. More »
Global energy law firm Baker Botts announced an alliance with the International Legal Group of Kuwait. More »
Swift Energy Co. said today that as of Thursday afternoon it had brought under control an outflow of water, oil and natural gas from a shut-in wellhead in the shallow waters of its Lake Washington field in Plaquemines Parish, Louisiana.
Houston’s Rosetta Resources, an independent oil and gas company, this week announced new top leadership. More »
Houston-based Ascend Performance Materials Texas will build a $1.2 billion propane production plant in Alvin, Gov. Rick Perry said in a statement. More »
Partners plan a crude oil rail terminal linking distant U.S. oil fields with the Greens Port Industrial Park on the Houston Ship Channel. More »
Kinder Morgan Energy Partners has advanced its position in the North American shale race adding another 6,900 miles of pipelines and nine processing plants to its empire. More »