Petroleum Geo-Services will lease 122,000 square feet in a new building slated for the Energy Corridor, a developer announced Wednesday.
Worldwide geothermal power generating capacity will hit 12 gigawatts by the end of the year, according to a report published this week.
Lost production at two offline wells cost Contango Oil & Gas millions in natural gas and oil sales in the year ended June 30, sending revenue down 29 percent to $127 million.
As smart meters become more widely accepted in the United States, utilities are beginning to invest in smart meters with additional capabilities that will make it more cost effective to transport electricity across the grid.
The surge in domestic drilling that has transformed parts of North Dakota, Arkansas and Pennsylvania into modern-day boomtowns is causing ripple effects across the entire U.S. economy, spurring investments in new chemical plants and trimming household bills, according to a report released Wednesday.
Valero and Kinder Morgan Energy Partners LP have completed a $250 million, 141-mile pipeline that will transport refined petroleum products from plants just west of New Orleans, including Valero’s St. Charles refinery, to a petroleum transportation hub in Collins, Miss.
International energy trading firm Vitol will anchor a new development planned in the Upper Kirby District, a developer announced Tuesday.
The lead plaintiffs attorneys who negotiated last year’s multibillion-dollar class-action civil settlement in the litigation over the 2010 Gulf of Mexico oil spill asked a federal appeals court Tuesday to reject a challenge to the deal filed by more than a dozen individuals and businesses.
Texas grid planners said Tuesday that the state’s power system is well prepared to handle extreme weather through the winter.
Charles McConnell, a former U.S. assistant secretary for fossil energy, said his job entails bolstering the university’s relationships with industry giants such as Exxon Mobil Corp., Royal Dutch Shell and BP.