Emily Burleson - HoustonNewMedia.org https://houstonnewmedia.org/author/emily-burleson/ Building "Bridges" Across the Bayou City! Fri, 09 Sep 2022 17:41:19 +0000 en-US hourly 1 https://wordpress.org/?v=6.8.3 https://i0.wp.com/houstonnewmedia.org/wp-content/uploads/2022/11/cropped-cropped-Houston.png?fit=32%2C32&ssl=1 Emily Burleson - HoustonNewMedia.org https://houstonnewmedia.org/author/emily-burleson/ 32 32 103504436 Photos: LyondellBasell’s biggest-ever investment is closer to starting up near Houston https://houstonnewmedia.org/photos-lyondellbasells-biggest-ever-investment-is-closer-to-starting-up-near-houston/?utm_source=rss&utm_medium=rss&utm_campaign=photos-lyondellbasells-biggest-ever-investment-is-closer-to-starting-up-near-houston Fri, 09 Sep 2022 17:41:19 +0000 http://houstonnewmedia.org/?guid=13b474a53846c73d5dd1fa5962cc51d1 Back in 2017, when LyondellBasell made a final investment decision on the project, the company’s projected budget for the PO/TBA unit in Channelview and oxyfuels unit in Bayport was $2.4 billion.

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]]> 417038 Why Commonwealth LNG CEO Farhad Ahrabi came out of retirement to join company https://houstonnewmedia.org/why-commonwealth-lng-ceo-farhad-ahrabi-came-out-of-retirement-to-join-company/?utm_source=rss&utm_medium=rss&utm_campaign=why-commonwealth-lng-ceo-farhad-ahrabi-came-out-of-retirement-to-join-company Thu, 08 Sep 2022 16:02:21 +0000 http://houstonnewmedia.org/?guid=3077a9a3efe023b257a3062d562fa9d9 Farhad Ahrabi said he thought he was done building LNG export terminals when he retired from Houston-based Cameron LNG earlier this year. Then two months passed, and he found himself right back in the game.

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]]> 416197 Commonwealth LNG signs sales agreement with Woodside, its first major customer https://houstonnewmedia.org/commonwealth-lng-signs-sales-agreement-with-woodside-its-first-major-customer/?utm_source=rss&utm_medium=rss&utm_campaign=commonwealth-lng-signs-sales-agreement-with-woodside-its-first-major-customer Thu, 08 Sep 2022 11:00:00 +0000 http://houstonnewmedia.org/?guid=a7991e2cc9eb3a4ac92de373655cd2b8 Houston-based Commonwealth LNG just signed its first sales and purchase agreement, but CEO and President Farhad Ahrabi said he expects to see the company sign the remaining commercial commitments needed to finance the project within the next few months.

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]]> 415990 ConocoPhillips developing Gulf Coast ammonia project with Jera Americas https://houstonnewmedia.org/conocophillips-developing-gulf-coast-ammonia-project-with-jera-americas/?utm_source=rss&utm_medium=rss&utm_campaign=conocophillips-developing-gulf-coast-ammonia-project-with-jera-americas Tue, 06 Sep 2022 19:30:45 +0000 http://houstonnewmedia.org/?guid=6df93856440d839b7920ac038febcb75 Initial details of the ammonia project’s development reinforce the Gulf Coast’s future role as an exporter of lower-emission fuels that countries like Japan and Germany require to decarbonize their power grids.

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]]> 414553 Shell CEO to retire, according to several reports https://houstonnewmedia.org/shell-ceo-to-retire-according-to-several-reports/?utm_source=rss&utm_medium=rss&utm_campaign=shell-ceo-to-retire-according-to-several-reports Fri, 02 Sep 2022 18:59:30 +0000 http://houstonnewmedia.org/?guid=179b84a5259d15d8c122f16fe8a0440a The London-based company has narrowed down a shortlist of candidates to replace the CEO, Reuters and the Financial Times reported.

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]]> 412321 University of Houston is key player in Texas bid for federal hydrogen hub funding https://houstonnewmedia.org/university-of-houston-is-key-player-in-texas-bid-for-federal-hydrogen-hub-funding/?utm_source=rss&utm_medium=rss&utm_campaign=university-of-houston-is-key-player-in-texas-bid-for-federal-hydrogen-hub-funding Tue, 30 Aug 2022 19:05:21 +0000 http://houstonnewmedia.org/?guid=45d191f507f476c90de1cb0a17654380 "Rightly or wrongly, the (Southern States Energy Board) and University have been quiet about the whole thing."

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]]> 410435 BlackRock, European banks make Texas’ list of ‘fossil fuel boycotters’ https://houstonnewmedia.org/blackrock-european-banks-make-texas-list-of-fossil-fuel-boycotters/?utm_source=rss&utm_medium=rss&utm_campaign=blackrock-european-banks-make-texas-list-of-fossil-fuel-boycotters Fri, 26 Aug 2022 19:41:19 +0000 http://houstonnewmedia.org/?guid=266f0da06c3fcba379235bf5b9924aa8 Texas is among a handful of Republican-led states, including Florida and West Virginia, aiming to slow financial companies’ supposedly overzealous embrace of the environmental, social and governance, or ESG, movement in investing.

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]]> 407476 Houston among best places for clean hydrogen hub, but clock is ticking for federal funds https://houstonnewmedia.org/houston-among-best-places-for-clean-hydrogen-hub-but-clock-is-ticking-for-federal-funds/?utm_source=rss&utm_medium=rss&utm_campaign=houston-among-best-places-for-clean-hydrogen-hub-but-clock-is-ticking-for-federal-funds Fri, 26 Aug 2022 10:00:00 +0000 http://houstonnewmedia.org/?guid=a59c586f1524cdb4f9389ee2997d7e90 Houston is well-positioned to receive an enormous check that could cement its status as the country's hydrogen hub, but key industry players have kept their cards close to their chests.

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]]> 407127 Investing firm Riverbend Energy closes $1.8B upstream portfolio sale https://houstonnewmedia.org/investing-firm-riverbend-energy-closes-1-8b-upstream-portfolio-sale/?utm_source=rss&utm_medium=rss&utm_campaign=investing-firm-riverbend-energy-closes-1-8b-upstream-portfolio-sale Wed, 24 Aug 2022 19:31:05 +0000 http://houstonnewmedia.org/?guid=3e82ca3f4b4ea7b897c6c39ec3d56ad6 The divestment leaves Riverbend with two active energy portfolios, but the private investment firm is looking for acquisitions for at least two more new funds.

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]]> 405942 Biofuels co. World Energy plans to produce sustainable aviation fuel in Houston https://houstonnewmedia.org/biofuels-co-world-energy-plans-to-produce-sustainable-aviation-fuel-in-houston/?utm_source=rss&utm_medium=rss&utm_campaign=biofuels-co-world-energy-plans-to-produce-sustainable-aviation-fuel-in-houston Fri, 19 Aug 2022 19:39:47 +0000 http://houstonnewmedia.org/?guid=4f7f155dbec0b9d87cc51852ad8f41cf The Galena Park site currently produces biofuels, and by extension, RINs.

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]]> 402334 Houston energy executives react to Inflation Reduction Act https://houstonnewmedia.org/houston-energy-executives-react-to-inflation-reduction-act/?utm_source=rss&utm_medium=rss&utm_campaign=houston-energy-executives-react-to-inflation-reduction-act Fri, 19 Aug 2022 16:44:33 +0000 http://houstonnewmedia.org/?guid=c543d90514a76796f68bbd3a2ed510b6 Some oil and gas producers argue they could feel a pinch from higher royalty rates on federal leases included in the bill.

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]]> 402203 Sunbridge Energy Services starts up clean fuel plans in Permian using cash from major 2018 deal https://houstonnewmedia.org/sunbridge-energy-services-starts-up-clean-fuel-plans-in-permian-using-cash-from-major-2018-deal/?utm_source=rss&utm_medium=rss&utm_campaign=sunbridge-energy-services-starts-up-clean-fuel-plans-in-permian-using-cash-from-major-2018-deal Wed, 17 Aug 2022 11:00:00 +0000 http://houstonnewmedia.org/?guid=665a1700960fd711cf568e65eb1f5812 “Questions we get from producers are basically: How many trailers do you have? How much gas can you compress and can you move? And can you do it yesterday?”

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]]> 400415 Why Southern Rock proposed $5.5B Texas refinery, despite industry challenges https://houstonnewmedia.org/why-southern-rock-proposed-5-5b-texas-refinery-despite-industry-challenges/?utm_source=rss&utm_medium=rss&utm_campaign=why-southern-rock-proposed-5-5b-texas-refinery-despite-industry-challenges Mon, 15 Aug 2022 17:20:51 +0000 http://houstonnewmedia.org/?guid=de9c317b115ec82fcfe6251d7359808f "In general it's very, very difficult from a regulatory standpoint to get a new refinery built."

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]]> 399165 BP agrees to sell stake in Ohio refinery to Cenovus for $300M https://houstonnewmedia.org/bp-agrees-to-sell-stake-in-ohio-refinery-to-cenovus-for-300m/?utm_source=rss&utm_medium=rss&utm_campaign=bp-agrees-to-sell-stake-in-ohio-refinery-to-cenovus-for-300m Wed, 10 Aug 2022 19:46:55 +0000 http://houstonnewmedia.org/?guid=525c458538622a88c618c5f6c1cb15fe Following the Toledo refinery’s sale, BP will be left with just two refineries in the U.S.

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]]> 395117 Southern Rock Energy seeks to build $5.5B crude refinery near Victoria, Texas https://houstonnewmedia.org/southern-rock-energy-seeks-to-build-5-5b-crude-refinery-near-victoria-texas/?utm_source=rss&utm_medium=rss&utm_campaign=southern-rock-energy-seeks-to-build-5-5b-crude-refinery-near-victoria-texas Fri, 05 Aug 2022 22:49:57 +0000 http://houstonnewmedia.org/?guid=82cea951e6d399851329e90c137274a0 If development continues and the refinery is built, it would rank in the top 30 largest refineries in the U.S.

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]]> 391765 Occidental subsidiary gives green light to $1.1B Deer Park chemical expansion https://houstonnewmedia.org/occidental-subsidiary-gives-green-light-to-1-1b-deer-park-chemical-expansion/?utm_source=rss&utm_medium=rss&utm_campaign=occidental-subsidiary-gives-green-light-to-1-1b-deer-park-chemical-expansion Thu, 04 Aug 2022 23:14:20 +0000 http://houstonnewmedia.org/?guid=a7df6312b83354b5cd0e9c66cc51468b Construction on the project will start in 2023, and the investment of $1.1 billion will be spread over three years while the unit continues to produce chlorine and caustic soda, CEO Vicki Hollub said.

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]]> 390833 Freeport LNG moves closer to expected October restart with federal safety agreement https://houstonnewmedia.org/freeport-lng-moves-closer-to-expected-october-restart-with-federal-safety-agreement/?utm_source=rss&utm_medium=rss&utm_campaign=freeport-lng-moves-closer-to-expected-october-restart-with-federal-safety-agreement Thu, 04 Aug 2022 19:14:55 +0000 http://houstonnewmedia.org/?guid=418bcdbe16169acc34b31616a94dacd0 Freeport LNG reached an agreement with the Pipeline Hazardous Materials Safety Administration, a federal agency, laying out the provisions under which Freeport LNG can restart operations.

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]]> 390699 Enterprise Products to start three new Permian Basin projects https://houstonnewmedia.org/enterprise-products-to-start-three-new-permian-basin-projects/?utm_source=rss&utm_medium=rss&utm_campaign=enterprise-products-to-start-three-new-permian-basin-projects Wed, 03 Aug 2022 19:55:12 +0000 http://houstonnewmedia.org/?guid=0088231d0c088031f1604c525430977b Enterprise did not specify how much it plans to spend on the new plants and pipeline expansion, but the company is not adjusting the expectations shared with investors around how much it plans to spend in coming years, co-CEO Jim Teague said during the...

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]]> 389862 LyondellBasell sees advanced recycling as option for future of Houston refinery https://houstonnewmedia.org/lyondellbasell-sees-advanced-recycling-as-option-for-future-of-houston-refinery/?utm_source=rss&utm_medium=rss&utm_campaign=lyondellbasell-sees-advanced-recycling-as-option-for-future-of-houston-refinery Tue, 02 Aug 2022 20:02:15 +0000 http://houstonnewmedia.org/?guid=db387111bf8d09ddff68902a1c93f083 LyondellBasell tried to sell the refinery but failed to find a buyer. Now the company is evaluating what it can do with its prime real estate.

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]]> 388905 LyondellBasell considers over $1.2B in new Texas Gulf Coast chemical units https://houstonnewmedia.org/lyondellbasell-considers-over-1-2b-in-new-texas-gulf-coast-chemical-units/?utm_source=rss&utm_medium=rss&utm_campaign=lyondellbasell-considers-over-1-2b-in-new-texas-gulf-coast-chemical-units Fri, 29 Jul 2022 20:04:01 +0000 http://houstonnewmedia.org/?guid=1c33c9301d71d9681a63ff503b9db7b1 LyondellBasell is one of dozens of companies that rushed in recent months to file Chapter 313 applications before the program expires at the end of 2022. Click through to read more about the projects LyondellBasell is considering as well as its newly r...

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