Posted on August 28, 2012 at 7:32 am by Simone Sebastian in
Deals
A major producer of a key chemical in synthetic rubber, whose shortage has sent tire prices rising, would be sold to private equity firms under a deal that one analyst said under-values the Houston company.
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Posted on August 27, 2012 at 12:02 pm by Simone Sebastian in
Chemicals
Houston petrochemical company TPC Group has entered a deal to sell ownership to private equity firms First Reserve Corp. and SK Capital Partners in a deal valued at $850 million in cash and net debt.
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Posted on August 23, 2012 at 12:19 pm by Simone Sebastian in
Finance/Earnings
Worldwide spending by oil and natural gas companies is on track to break $1 trillion this year, with North America commanding the largest portion, according to an analysis by GlobalData.
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Posted on August 23, 2012 at 7:03 am by Simone Sebastian in
Natural gas
Energy industry leaders called for policies that encourage natural gas production in the United States, saying during a downtown Houston event Wednesday that restrictions on domestic energy supply threaten the nation’s economic and environmental health.
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Posted on August 22, 2012 at 3:42 pm by Simone Sebastian in
General
New government regulations on blowout preventers are contributing to higher well costs, a ConocoPhillips executive said during an industry event in downtown Houston Wednesday.
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Posted on August 22, 2012 at 10:18 am by Simone Sebastian in
Oil field services
Fuel Fix’s Simone Sebastian will be tweeting live from the North American Prospect Exo, better known as NAPE. The expo is being held this summer in Houston.
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Posted on August 22, 2012 at 6:55 am by Simone Sebastian in
Pipelines
A contractor for DCP Midstream is so enamored by the natural gas processing company, that he laid his praise to a hip hop beat and posted it to YouTube.
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Posted on August 22, 2012 at 6:53 am by Simone Sebastian in
Electricity
American’s demand for electricity will grow just 1.1 percent a year through 2030, as the recession’s aftermath and energy efficiency policies take their toll, according to a Wood Mackenzie report.
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Posted on August 20, 2012 at 8:33 am by Simone Sebastian in
Deals,
Pipelines
Kinder Morgan Energy Partners LP on Monday said it reached a deal to sell some of its assets to Tallgrass Energy Partners LP for about $1.8 billion in cash, a move necessary for its parent, Kinder Morgan Inc., to get regulatory approval for its $20 billion buyout of El Paso Corp.
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Corporations are choosing some of their youngest professionals to manage billion-dollar businesses.
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While worries about hydraulic fracturing’s environmental impact are legitimate, banning the practice would increase reliance on coal and Middle East imports, said International Energy Agency Executive Director Maria van der Hoeven, while speaking at Rice University Friday.
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The International Energy Administration will be giving a presentation today about the U.S. energy boom. See what the executive director has to say about it.
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