Category: General

Default category

Commentary: “Back to school” crucial for the oil & gas industry…and America is failing

Are we up to the challenge of educating the country’s children in a meaningful, rigorous way? I sure hope so: the futures of the oil & gas industry and the US as a whole depend on it.  More »

Capacity Markets for Texas Electricity: The Real Story

The issue of further refining Texas’ electric markets to ensure adequate investment to meet peak electric demand has continued to receive increasing attention since the blistering summer of 2011.  Justifiable concern exists among power companies, policy makers and companies regarding the reliability of the state’s electricity supply given the economic growth of the state.  At […]  More »

Yucca Mountain and the Rule of Law

In 1982, Congress passed and the President signed the Nuclear Waste Policy Act that directed the Nuclear Regulatory Commission (NRC) to approve or disapprove DOE’s application to store nuclear waste at Yucca Mountain.  Although Yucca Mountain was extensively studied for over a decade, confirming it the best site for nuclear waste, nothing was done until […]  More »

Bond market underwhelmed by Mexico reform plan

President Enrique Pena Nieto’s plan to loosen Mexico’s 75-year-old oil monopoly is underwhelming the bond market after he unveiled fewer incentives for private drilling companies than his political rivals advocated.  More »

Valero’s convenience store spin-off reports slight revenue drop

Customers may see new soda and electronic cigarette offerings at some of CST Brands Inc.’s convenience stores as the San Antonio-based company aims to increase same-store sales in the second half of the year.  More »

Groups protest gas pipeline at Ky. Capitol

Land owners joined environmental activists at the state Capitol Wednesday to oppose a pipeline that would carry flammable liquids through several counties in northern Kentucky.  More »

Commentary: A tough month of July provides plenty of opportunities for reflection

It’s definitely been a rough couple of weeks for everyone in the oil & gas industry. On almost exactly the same day, a blowout lead to the total destruction of a jackup rig in the Gulf of Mexico, and Halliburton admitted to destroying after the Macondo incident cementing-related data. Add to that the death of George Mitchell, and you have one pretty sad month of July, one that I definitely would like to put behind me.  More »

Pena Nieto delays Mexico energy bill amid party negotiations

President Enrique Pena Nieto will delay the announcement of his proposal to end Mexico’s seven- decade state energy monopoly until next week, he said today in a statement posted to his Twitter page.  More »

Another crude oil rail terminal slated for Canada

U.S. Development Group, a Houston based developer of rail logistics and terminal facilities, said this week it would work with a Gibson, a Canadian midstream company, to build a rail loading facility near Hardistry, Alberta.  More »

A Distorted View of Reality

In her first public speech since being confirmed as EPA Administrator, Gina McCarthy said, “Climate change isn’t an environmental issue.  It is a fundamental economic challenge.”  That part of her talk was the only statement that was reasonably accurate but not for the reasons she cited.  Like those who subscribe to the climate orthodoxy, Ms. […]  More »

The Nature Center’s green; so is its electricity

Renewable electricity retailer Green Mountain Energy has donated additional solar panels to an array that helps power Armand Bayou Nature Center south of Houston.  More »

Blackhawk Speciality Tools attracts Bain Capital’s interest

Blackhawk Specialty Tools, which provides specialty equipment and services to the oil and gas industry, said this week it finished a recapitalization that was led by an affiliate of Bain Capital and in partnership with the management team.  More »