LyondellBasell CEO Bob Patel poses for a portrait at the LyondellBasell Channelview Chemical Company plant Friday, Aug. 21, 2015, in Channelview. 
 ( James Nielsen / Houston Chronicle )

LyondellBasell looking at Texas sites for new chemical plant

Speaking at the company’s sprawling Channelview complex where LyondellBasell will start up 250 million pounds of new ethylene capacity near the end of September, Patel said an announcement likely will come later this year on adding more production of polyethylene, which is the most common type of plastic.
In April 2010, businessman and philanthropist George Mitchell attends an event in The Woodlands. Mitchell died in 2013. (AP Photo/Conroe Courier, Eric S. Swist)

EPA’s methane crackdown wins endorsement from oil icon’s Texas foundation

The charitable foundation that is a legacy of George Mitchell, the “father of fracking,” has endorsed the proposed methane rules.

Miller Energy reaches tentative deal on SEC charges

Miller Energy, which relocated from Tennessee to Houston early this year, is fighting to stave off filing for bankruptcy, and the company said in a new CEO filing Thursday that it will pay the $5 million over three years.
Student Paul Denetdeale practices at a pipe welding school operated by Fluor, a major construction contractor, Feb. 13, 2014 in Houston. Flour is leading training classes for some workers who will eventually learn the skills they need to do pipe welding. The training classes are critical to shore up the construction labor pool.

(Eric Kayne/For the Chronicle)

Fluor forms joint venture with China offshore giant

The energy construction and engineering company is teaming up with the state-owned China National Offshore Oil Corp., or CNOOC, and its subsidiary, the Offshore Oil Engineering Co., to form the new COOEC Flour Heavy Industries Co.

Commentary: Fossil Fuels are the Solution, Not the Problem

The George C. Marshall Institute has recently released a study on fossil fuels and the economic well-being,   It describes why energy is an essential input to economic activity. Because fossil fuels are such a large part of the world’s energy supply, they play a dominant role in enabling people everywhere to enjoy a […]
Categories: General
A Swift Energy Co. production facility in Lake Washington off the Louisiana coast. (Swift Energy Co.)

Swift Energy risks NYSE delisting

Swift, which focuses on exploration and production in Texas and Louisiana, has struggled financially for a few years, but has seen its value dip precipitously along with oil prices since last year.

Syria Diplomacy and Oil: Geopolitics May Change Oil Outlook Dramatically Again

As the U.S. Congress gears up to debate the merits of the nuclear deal signed between Iran and the P5+1 powers last July , the Obama Administration is working overtime to get Mideast diplomacy off the ground to prove that the politically controversial deal is paying the way for a better Middle East. The effort, […]
Categories: featured, General, p2
A well is drilled at an Apache Energy site in the Permian Basin in Midland, Texas, Feb. 14, 2012. (Jim Wilson/The New York Times)

EPA pushes rules slashing methane, hinting oil industry hasn’t gone far enough

The Environmental Protection Agency proposed the new regulations Tuesday, making a significant step toward fulfilling the White House’s March pledge to pare oil and gas methane emissions by 40 to 45 percent by 2025.
(Photographer: Ty Wright/Bloomberg)

Texas gasoline prices drop as Midwest sees a price spike

Average retail gasoline prices in Houston fell 3.1 cents per gallon in the past week, averaging $2.38 per gallon on Sunday, according to GasBuddy’s daily survey of 2,559 gas outlets in Houston.

Fortress Environmental expands in the Eagle Ford while oil prices are low

Fortress just opened its first “one-stop shop,” $12 million facility for saltwater disposal from hydraulic fracturing off of Interstate 10 between Houston and San Antonio.