(Eric Kayne/Houston Chronicle)

LyondellBasell sees 13 percent increase in profits

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Lyondell is expecting to continue growing its earnings in the third quarter amid continued access to swells of cheap natural gas and natural gas liquids, which the company uses as feedstock to manufacture its chemicals.
The Elba liquefied natural gas import terminal near Savannah, Ga.

Kinder Morgan to take over Shell’s interest in Elba LNG project

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The deal will hand Kinder Morgan full ownership of the Elba Liquefaction Co., a joint venture building an about $2.1 billion natural gas liquefaction facility at Elba Island, Georgia.
(JTB Photo/UIG via Getty Images)

U.S. chemical companies poised for growth as demand swells

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But falling oil prices and a strong U.S. dollar threaten earnings for several domestic chemical companies, according to an economic and ratings outlook compiled by Standard and Poor’s Ratings Services.
Liquefied natural gas export terminals including Cheniere Energy's $18 billion Sabine Pass facility nearing completion  in Cameron Parish, Louisiana,  should boost demand for U.S. natural gas. (Cheniere Energy photo)(Cheniere Energy)

Most U.S. LNG projects won’t cross the finish line, new study says

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A handful of U.S. LNG export projects will cross the finish line, but construction seems increasingly unlikely for the remaining proposals, according to a new study that adds to the chorus of voices raising doubts about the flurry of developments announced in the wake of the U.S. shale boom.
(Karen BLEIER/FILESKAREN BLEIER/AFP/Getty Images)

Judge weighs whether environmentalists can join Exxon case

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The latest in the 11-year-old case between the Department of Environmental Protection and the petroleum company came Friday when Judge Michael Hogan heard roughly two hours of arguments from a coalition of seven environmental groups and state Sen. Raymond Lesniak on why they should be granted status as parties to the suit.
A worker at Valero Energy's refinery in Three Rivers, Texas, Oct. 12, 2012. Refining, once regarded as a low-margin, accident-prone part of the energy industry, is doing better in part because of cheaper natural gas and domestic crude oil. (Michael Stravato/The New York Times)

Deluge of refinery expansions run risk of cost overruns, delays, report finds

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More than 30 refining expansions worth $14 billion total are under development across the United States as the industry hustles to take advantage of the oil glut, according to a new analysis by Petrochemical Update, which analyzes construction trends for the industry.
Plant operators at the control room, pipes, towers and fractional facilities at Enterprise refinery in Mont Belvieu, Texas. (Thomas B. Shea/Houston Chronicle)

Enterprise building a new pipeline to connect Gulf Coast petrochemical network

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Enterprise said the new projects will bring the company’s polymer grade propylene distribution system to a total length of 587 miles and connect the system to more than 30 petrochemical facilities along the Gulf Coast.
Smoke and flames billow from a crude oil unit at the Chevron refinery in Richmond, Calif., Monday, Aug. 6, 2012. (AP Photo/ContraCosta Times, D. Ross Cameron )

Fire at Chevron refinery in California led to infighting at U.S. Chemical Safety Board

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The CSB strife can be traced back to the August 2012 fire at Chevron’s Richmond refinery that sent thousands of people to East Bay hospitals seeking treatment.
This Thursday, April 19, 2012 file photo shows the ConocoPhillips refinery in Trainer, Pa., near Philadelphia.  Delta Air Lines Inc. bought the refinery as part of an unprecedented deal that it hopes will cut its jet fuel bill. A Delta subsidiary paid $150 million, including $30 million in job-creation assistance it is getting from the state of Pennsylvania. (AP Photo/Alex Brandon)

As Delta refinery snaps up Nigerian crude, U.S. producers ask Congress for freedom to export

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The purchases mark a shift for the refinery, which had largely stopped importing Nigerian oil two years ago and had shifted to largely North American supplies, which have been trading at a discount to global crude.
Cheniere Energy is considering building a terminal in Ingleside to store and and ship condensate. (Courtesy Cheniere Energy)

Cheniere exec says company is moving ahead on $550 million La Quinta project

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A top Cheniere executive provided an update on the project at an energy conference in Houston on Monday, months after the company first revealed that it was hoping to build a marine and storage terminal on a 552-acre site along the La Quinta Ship Channel.