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Chemistry Council: Turning leftover plastic into oil could create thousands of jobs

An American Chemistry Council report found that there’s enough non-recycled plastic in the U.S. to feed hundreds of plastics-to-oil facilities and create thousands of jobs.  More »

Apache to get third CFO in eight months

Alfonso Leon, the company’s chief financial officer and executive vice president, resigned Tuesday, the Houston-based exploration and production company announced.  More »

Exec sees Texas condensate exports soaring

Texas could be exporting 1 million barrels per day of an ultra-light oil known as condensate if oil companies have their way.  More »

N.D. officials tout $4 billion plastic factory

Two top North Dakota lawmakers were among the supporters of the project that would convert some of the state’s abundant natural gas into plastic.  More »

Democrats tell feds to crack down on illegal drilling

Federal land managers need to work harder to prevent oil companies from illegally burrowing into federal mineral estate, four House Democrats say.  More »

European chemical industry importing U.S. shale gas

As the U.S. chemical sector grows and expands, fueled by a surge in domestic gas production, the European chemical industry is stagnating, plagued by high production costs and a lack of investment in new plants and research and development.  More »

New home for state’s under-used smart meter website?

Like the unluckiest dog at the animal shelter, an under-utilized website intended to help Texans reduce their energy consumption is having a hard time finding adoptive parents. The website, SmartMeterTexas.com, is currently operated by a coalition of transmission and distribution utilities. Those monopoly utilities — with the support of retail electric providers — want the […]  More »

Energy secretary warns of climate threats to Ship Channel industries

Energy Secretary Ernest Moniz met with energy stakeholders in Houston, and discussed climate change and oil imports in a meeting with Houston Chronicle editors and reporters.  More »

Report: Texas oil juggernaut threatened by feds, environmentalists

Texas’ oil and gas juggernaut could be threatened by federal regulators and environmental groups proposing policies that could stifle production, a new trade group report finds.  More »

Crude prices fall to lowest levels in years as market pressures converge

Crude oil prices fell to the lowest levels since 2012 early Thursday, as concerns about both oversupply and the global economy weighed on traders.  More »

Texas power grid has first rotating outages since 2011

The state’s power grid experienced rotating outages for the first time since 2011 late Wednesday afternoon after a pair of power plants went offline.  More »

Shareholder suit seeks to block Encana’s purchase of Athlon Energy

A new lawsuit brought by a shareholder of Forth Worth-based Athlon Energy hopes to block Encanca Corp.’s $7.1 billion acquisition of the Texas oil company.  More »
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