Eagle Ford deals with downside of dramatic growth

Tesoro Logistics purchases terminal for $75 million

Posted on April 3, 2012 at 7:04 am by Vicki Vaughan in Deals

‘Pipeline partnership Tesoro Logistics LP has purchased Tesoro Corp.’s crude oil marine terminal in northern California from refiner Tesoro Corp. for $75 million, the two companies announced Monday. More »

Eagle Ford roads are taking a beating

Posted on March 30, 2012 at 7:00 am by Vicki Vaughan in Hydraulic fracturing, Natural gas, Social

Roads that were meant for the small-town traffic of ranchers and the occasional school bus now are getting pounded by heavy trucks in the Eagle Ford Shale. More »

Payback policies under review

Posted on March 28, 2012 at 7:08 am by Vicki Vaughan in Legal issues

As CPS Energy’s board cracks down on entertainment expenses, a policy-review committee is scouring a range of policies, including changes to the utility’s rules on reimbursement for meals, travel and entertainment. More »

Natural gas fueling stations considered for Texas interstates

Posted on March 23, 2012 at 7:32 am by Vicki Vaughan in Natural gas

Valero Energy Corp. and natural gas developer Chesapeake Energy Corp. are talking about joining forces to add natural gas fueling stations along major Texas interstates, and they’re hoping to get state grants to help. More »

Valero says EPA rules a threat

Posted on March 22, 2012 at 6:56 am by Vicki Vaughan in Environment, Legal issues

Stringent environmental regulations that might get even tougher could prevent San Antonio’s homegrown Valero Energy Corp. from expanding in this country, one of its top executives said Wednesday. More »

Valero to shutter Aruba refinery

Posted on March 19, 2012 at 12:32 pm by Vicki Vaughan in General, Refining

Valero Energy Corp. is closing its refinery in Aruba and may turn it into a terminal and storage operation. More »

Tesoro CEO optimistic about union negotiations

Posted on March 14, 2012 at 8:09 am by Vicki Vaughan in Refining, Workforce

Tesoro Corp. CEO Greg Goff said Tuesday he’s “comfortable” believing his company can reach an agreement with the United Steelworkers on contract negotiations that affect five of Tesoro’s seven refineries. More »

CPS to close on plant deal in April

Posted on March 13, 2012 at 7:28 am by Vicki Vaughan in Deals

CPS Energy said Monday that it expects to close in April on its purchase of a natural-gas-fired plant in Seguin. More »

Schlumberger opens base in Bexar

Posted on March 8, 2012 at 7:08 am by Vicki Vaughan in General

Schlumberger, the world’s largest oil-field services company, threw open the doors Wednesday to its new operations plant in southern Bexar County, where it was drawn by proximity to the Eagle Ford Shale. More »

Eagle Ford Shale boom bigger than predicted

Posted on March 2, 2012 at 8:02 pm by Vicki Vaughan in Crude oil, General, Natural gas, Oil field services, Shale

The Eagle Ford Shale is booming bigger than experts had predicted even last year, producing almost three times the barrels of oil and number of new wells expected. More »

Eagle Ford boom putting pressure on labor, housing

Posted on March 2, 2012 at 7:46 am by Vicki Vaughan in Natural gas

Here’s what it’s like to be at the center of a modern-day oil boom. More »