Tag: development

Foreign investors turn eyes to ND oil patch

Foreign investors more familiar with projects in the emerging markets of Eastern Europe and tropical escapes of Southeast Asia are finding a new destination for their dollars and francs: Western North Dakota’s oil patch that’s home to booming towns, low unemployment rates and high incomes  More »

Chevron, GE form pact for oil and gas research

Two of the world’s biggest companies plan to come together to develop and commercialize oil and gas technology at a newly minted research center in Oklahoma City.  More »

Homes building up around new Exxon Mobil campus (photos)

Some 4,500 construction workers show up each day to help build the highly anticipated Springwoods Village, a 2,000-acre work-live-and-shop enclave just south of The Woodlands to be anchored by the new Exxon Mobil campus.  More »

Energy trading firm to anchor new Houston development

International energy trading firm Vitol will anchor a new development planned in the Upper Kirby District, a developer announced Tuesday.  More »

Is the Eagle Ford for real?

Thousands of workers and major oil companies are flooding into South Texas. But some are reluctant to invest in houses and other permanent infrastructure. A “When will it bust?” mentality hangs over the region.  More »

BP, partners announce North Sea development

BP PLC and its partners say they will invest up to $1.1 billion to develop the Kinnoull reservoir in the North Sea.  More »