(AP Photo/The San Antonio Express-News, Bob Owen)

Cheniere LNG project marks milestone as Feds give OK

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The facility, which would be able to process as much as 15 million metric tons of liquefied natural gas annually, is the first proposed greenfield export project — one that wouldn’t be built on the footprint of existing LNG infrastructure — to make it this far.
Saudi King Abdullah (AP Photo/Brendan Smialowski, Pool, File)

Saudi King Abdullah admitted to hospital for checks

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Abdullah was admitted to the King Abdulaziz Medical City in Riyadh, the state-run Saudi Press Agency cited a Royal Court statement as saying today, without giving details.
Chenieretour

Cheniere gets FERC approval for Corpus Christi project

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The Federal Energy Regulatory Commission said it will allow Cheniere to build an LNG plant and pipeline in Corpus Christi, according to a filing Tuesday.
Categories: General
Ryan Sitton (Smiley N. Pool / Houston Chronicle)

New Texas oil regulator steps down from oil firm

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The regulator, Ryan Sitton, will be sworn in next week to join the three-member board of the Texas Railroad Commission. Though he did not specify a date, he said he will resign as chief executive of the company, Pinnacle Asset Integrity Services, placing his ownership stake in a blind trust.
McDermott International has a $1.5 billion-plus contract with Saudia Arabia's national oil company. (AP file photo/John Moore)

Commentary: Reading tea leaves of Saudi 2015 budget

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The kingdom has historically missed the mark between budget making and actual oil prices.

The Politics of Distortion

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As a candidate, President Obama made famous the phrase, “words have meaning”.  And, propagandists know that if you repeat a false statement long enough, it will eventually be seen as truth.  So it is with the oft repeated use of the term “carbon pollution” to describe carbon dioxide—CO2– which in fact is a nutrient.  It […]
Categories: General
dollar falling graph

As oil prices fall, Alaska governor halts project spending

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With oil prices dropping, Alaska Gov. Bill Walker has halted new spending on six high-profile projects, pending further review.
(LEON NEAL/AFP/Getty Images)

Libya calls oil region clashes a serious escalation

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— Libya’s foreign minister said Sunday that extremist groups are escalating their attacks and making a renewed push to seize oil resources, after an assault on eastern terminals set storage tanks ablaze, sending massive clouds of black smoke into the sky.
(Eddie Seal/Bloomberg)

Natural gas falls below $3 in latest slide

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Natural gas’ benchmark future price fell below $3.00 per million British thermal unit in trading on Friday, continuing a slide that has knocked about 30 percent from the price of gas in only one month.
As U.S. crude production nears records, the oil industry is pushing for relaxed rules on oil exports.  (AP Photo/Orlin Wagner)

Midstates moving HQ from Houston to Tulsa

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In a statement this week, Midstates said it hired ex-Samson Resources executive Mark Eck for the role of chief operating officer. Samson is based in Tulsa.