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National oil companies invest in renewables, but remain committed to oil and gas

Chief executives of some of the world’s largest national oil companies said they are bullish on fossil fuels, even if their companies are also investing in biofuels and other forms of renewable energy.  More »

Need a sugar fix? Head to Germany

One of the companies in the Germany pavilion has a special treat for its homesick visitors hankering for a treat from back home.  More »

3M’s virtual person attracts visitors to its booth

3M Co. debuted its talking hologram at OTC this year, drawing visitors into the company’s booth with a looped presentation delivered by a life-size virtual woman named Meisha.  More »

Thermal vision beats night vision

Thermal imaging displays tiny differences in heat and technology has allowed it to become miniaturized, and commercialization has caused its price to drop.  More »

Shape-memory alloy makes its way from space to sea

If metal that changes shape with a gust of warm air sounds like something that came from outer space, that’s because it did. The metal — known as shape-memory alloy — has been used in aerospace for decades, but it’s just beginning to make its offshore drilling debut. It also had its coming-out at the Offshore Technology Conference on Monday.  More »

Inergy to buy gas processor Crestwood for $1.25 billion

Inergy Midstream LP, the pipeline partnership that began trading publicly 18 months ago, agreed to buy Crestwood Midstream Partners LP for $1.25 billion in stock and cash, adding natural gas processing capabilities as it seeks to capitalize on rising U.S. output of the fuel.  More »

OTC Guide to Houston’s restaurants and entertainment

Looking for ways to spend your free time during the OTC? Here are guides to some of Houston’s best restaurants, bars, clubs and sites, plus trails for running, which you’ll need to do to work off all those margaritas.       Food, Drinks & Entertainment   Best spots for barbecue Houston’s most memorable barbecue [...]  More »

Buzz-worthy restaurants step out

Lucky you: You’ve arrived in Houston during the most dynamic time on record for the city’s restaurant scene. This past year has seen the debut of enough high-profile spots to rattle the pecking order, grab national attention and give you something to brag about when you go back home.  More »

Outlook grim in Venezuela’s essential oil industry

PDVSA, which accounts for 96 percent of the country’s export earnings, no longer “generates enough income to cover all its costs and finance its commitments,” said Pedro Luis Rodriguez Sosa, an energy expert at the Institute for Advanced Studies in Administration in Caracas.  More »

Canadian judge dismisses lawsuit against Chevron

An attempt by Ecuadorian villagers to have a Canadian court enforce a $19 billion judgment against multinational oil giant Chevron Corp has been dismissed by the Ontario Superior Court.  More »

Son of a BTU

Ever since the Clinton Gore Administration, climate advocates have been working on schemes to put a price on carbon. Their goal is to force fossil energy out of our economy. The first attempt was the ill-fated BTU tax, introduced in the early days of the Clinton Gore Administration. Clinton-Gore quickly abandoned their proposal when confronted [...]  More »

Tech Talk – OPEC and EIA Short-term Projections

Just this month, Saudi Aramco announced that production had begun at their Manifa oilfield, and by July would be supplying up to 500 kbd to the new refinery that is being built at Jamail with the collaboration of Total. The first oil from the refinery…  More »
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