(Ken Childress)

Condensate production booming, but fight over definition limiting exports, EIA official says

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The director of the U.S. Energy Information Administration said that U.S. production of condensate, a light oil separated from natural gas, has never been higher. But a fight over the substance has kept exports low.
John D. Rockefeller co-founded Standard Oil Company. His descendants have decided to divest the philanthropy of fossil fuels, the New York Times reported.

Oil-rich Rockefellers plan to divest from fossil fuels

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After building their fortune on oil, the Rockefeller family is joining growing chorus of philanthropies, foundations, religious groups and pension funds pledging to sell assets tied to fossil fuels, the New York Times reported Sunday.
iNOV Grant Prideco's Engineering Technology Center Sept 18, 2014. A worker at the combined load frame.  (Billy Smith II / Chronicle)
Publication History: 	Publication: The Houston Chronicle
PubDate: 9/21/2014 - PageNo: 1 - Section: D - Edition: H6 - CIMAGEID: 131712669
Caption: An employee checks machinery at NOV Grant Prideco's engineering technology center. It's part of National Oilwell Varco.


NOV completes leadership, business unit shuffle

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National Oilwell Varco saw a lot of change in 2014, following the naming of its new CEO and the reorganization of its business units.

McCarthyism is Alive and Well

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Last week Senator Sheldon Whitehouse and Representative Henry Waxman  moderated an event hosted by the Bicameral Task Force on Climate Change. It featured panelists who make a career of attacking, sometimes viciously, industries that do not toe the environmentalist line on climate change.  One of the panelists asserted that industry attempted to cover up the health […]
Categories: General
Cheniere Energy Partners' LNG import terminal on the Louisiana side of Sabine Pass. (Photo: Cheniere Energy)

Galveston eyed for $6 billion LNG export terminal

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Galveston Wharves trustees Monday will consider leasing 185 acres on the northeast corner of Pelican Island to Next Decade, a privately owned company focused on developing two Texas LNG export facilities.
The chairman and chief executive officer

Exxon to halt Russian drilling in face of U.S. sanctions

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The U.S. Treasury Department has given Exxon Mobil Corp. and other contractors a license to wind down operations in the Russian Arctic as the Irving-based company prepares to comply with U.S. sanctions banning joint-venture oil exploration in the area.
Staff of Wild Well Control stand in front of the company's new 120-ton capping stack in Singapore. The device can be deployed worldwide in order to help plug out--of-control offshore wells. (Photo: Wild Well Control)

Wild Well unveils newest 120-ton capping stack

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Houston-based Wild Well Control has stationed a capping stack in Singapore as part of its global system for responding to underwater well blowuts.
Categories: General, Offshore, Technology
University of Houston engineering students met with more than 100 employers Thursday.

For engineering students, first impressions count

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As more than 100 companies — mostly in the energy sector — descended on the University of Houston Hilton for fall recruitment Thursday, Vita Como, senior director of the school’s engineering career center, has an important message: engineers are in demand, but first impressions count.
A row of pump jacks operate in Apache Canada’s Provost field, located in the southeast part of Alberta (Apache Corp.)

Canadian bank takings bid on Apache assets in Alberta

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The Bank of Nova Scotia is taking bids for Apache Corp. assets in Alberta, according to marketing materials on its website, in what could signal the latest divestment effort by the Houston-based exploration and production company.
NRG Energy says a proposal for a new transmission line into the Houston area is based on flawed data.  (AP Photo/Mark Duncan, File)

Proposed transmission line puts corporate powerhouses at odds

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The Public Utility Commission of Texas will decide whether CenterPoint Energy can build a new transmission line that two Houston generating companies oppose.