Joshua Mann - HoustonNewMedia.org https://houstonnewmedia.org/author/joshua-mann/ Building "Bridges" Across the Bayou City! Wed, 16 Apr 2025 19:04:28 +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 Joshua Mann - HoustonNewMedia.org https://houstonnewmedia.org/author/joshua-mann/ 32 32 103504436 Consumer confidence is slipping nationally, but Houston takes No. 1 spot https://houstonnewmedia.org/consumer-confidence-is-slipping-nationally-but-houston-takes-no-1-spot/?utm_source=rss&utm_medium=rss&utm_campaign=consumer-confidence-is-slipping-nationally-but-houston-takes-no-1-spot Wed, 16 Apr 2025 19:04:28 +0000 http://houstonnewmedia.org/?guid=d0cc35b998ca3b6dbec87cb5f8ba0c98 Here's how the Houston region fared in the inaugural Metropolitan Consumer Sentiment Index, a new quarterly measure of consumer confidence in major metro areas.

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]]> 940223 SilverBow Resources acquires Eagle Ford assets https://houstonnewmedia.org/silverbow-resources-acquires-eagle-ford-assets/?utm_source=rss&utm_medium=rss&utm_campaign=silverbow-resources-acquires-eagle-ford-assets Fri, 13 Aug 2021 18:12:08 +0000 http://houstonnewmedia.org/?guid=aa082ce313b3f20fcef48cb3e5291121 SilverBow is delivering on management comments that it would target M&A at the Eagle Ford.

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]]> 152590 Seadrill eyes January end for bankruptcy https://houstonnewmedia.org/seadrill-eyes-january-end-for-bankruptcy/?utm_source=rss&utm_medium=rss&utm_campaign=seadrill-eyes-january-end-for-bankruptcy Thu, 12 Aug 2021 21:23:57 +0000 http://houstonnewmedia.org/?guid=29586e5c652c32244349e4f3ae0a8f0b The company has filed a plan of reorganization with the court.

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]]> 152127 Broad Reach Power plans for six battery facilities in Texas https://houstonnewmedia.org/broad-reach-power-plans-for-six-battery-facilities-in-texas/?utm_source=rss&utm_medium=rss&utm_campaign=broad-reach-power-plans-for-six-battery-facilities-in-texas Thu, 12 Aug 2021 18:56:46 +0000 http://houstonnewmedia.org/?guid=b0d62f5e0a36124a4f4e1ceda8fff011 The company has reached a deal acquiring equipment to support the expansion.

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]]> 152017 Houston isn’t likely to see oil bankruptcies surge any time soon https://houstonnewmedia.org/houston-isnt-likely-to-see-oil-bankruptcies-surge-any-time-soon/?utm_source=rss&utm_medium=rss&utm_campaign=houston-isnt-likely-to-see-oil-bankruptcies-surge-any-time-soon Thu, 12 Aug 2021 11:00:00 +0000 http://houstonnewmedia.org/?guid=23d1d3ce68b5163b4b24c01f4e4513ee “Obviously, with the absolute gut punch to commodity prices, that made it abundantly clear that those companies were going to need a true bankruptcy process to repair their balance sheets.”

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]]> 151906 EDP Renewables completes $86M Texas wind farm project https://houstonnewmedia.org/edp-renewables-completes-86m-texas-wind-farm-project/?utm_source=rss&utm_medium=rss&utm_campaign=edp-renewables-completes-86m-texas-wind-farm-project Wed, 11 Aug 2021 19:21:18 +0000 http://houstonnewmedia.org/?guid=f0b32cfc9dcafcb0950c13c5a14ebe08 The company was originally looking to get the project online before the end of 2020.

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]]> 151545 Seadrill had largest energy bankruptcy of 2021 so far, but filings decrease overall https://houstonnewmedia.org/seadrill-had-largest-energy-bankruptcy-of-2021-so-far-but-filings-decrease-overall/?utm_source=rss&utm_medium=rss&utm_campaign=seadrill-had-largest-energy-bankruptcy-of-2021-so-far-but-filings-decrease-overall Tue, 10 Aug 2021 18:45:26 +0000 http://houstonnewmedia.org/?guid=f75d390fcda1285fba143188651dcfa2 Despite Seadrill's large filing, bankruptcies are slowing down overall in the oil and gas business after a busy 2020.

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]]> 150913 Westlake Chemical to raise $1.65B in debt to fund acquisitions https://houstonnewmedia.org/westlake-chemical-to-raise-1-65b-in-debt-to-fund-acquisitions/?utm_source=rss&utm_medium=rss&utm_campaign=westlake-chemical-to-raise-1-65b-in-debt-to-fund-acquisitions Mon, 09 Aug 2021 17:56:26 +0000 http://houstonnewmedia.org/?guid=1f49bdff0e1b8b3fbbfce7e73fdbd666 The company will use the proceeds to partially fund three acquisitions worth billions of dollars, collectively.

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]]> 150423 NRG Energy eyes $2B in potential growth spending https://houstonnewmedia.org/nrg-energy-eyes-2b-in-potential-growth-spending/?utm_source=rss&utm_medium=rss&utm_campaign=nrg-energy-eyes-2b-in-potential-growth-spending Fri, 06 Aug 2021 18:49:14 +0000 http://houstonnewmedia.org/?guid=2f761c71f116a57169cb832bffdafc37 The company is prioritizing the integration of Direct Energy in the near term, which means the bulk of that spending is still some number of years down the line.

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]]> 149659 CenterPoint to increase Texas investment plans by $500M https://houstonnewmedia.org/centerpoint-to-increase-texas-investment-plans-by-500m/?utm_source=rss&utm_medium=rss&utm_campaign=centerpoint-to-increase-texas-investment-plans-by-500m Thu, 05 Aug 2021 21:29:55 +0000 http://houstonnewmedia.org/?guid=bda25ab9f9ab38e9c5e20d20b884f070 The company is planning the additional investment based on changes enacted by the state legislators following the disastrous winter storm in February.

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]]> 149343 Baker Hughes boosts CFO pay https://houstonnewmedia.org/baker-hughes-boosts-cfo-pay/?utm_source=rss&utm_medium=rss&utm_campaign=baker-hughes-boosts-cfo-pay Thu, 05 Aug 2021 18:26:02 +0000 http://houstonnewmedia.org/?guid=f6271a238b9a35979a5cb99f7e77b69f Baker Hughes is giving its CEO a raise, putting his salary at the $1 million mark.

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]]> 149257 Why Park Energy Services wanted Archrock’s assets https://houstonnewmedia.org/why-park-energy-services-wanted-archrocks-assets/?utm_source=rss&utm_medium=rss&utm_campaign=why-park-energy-services-wanted-archrocks-assets Wed, 04 Aug 2021 21:37:50 +0000 http://houstonnewmedia.org/?guid=baaefdad5dd14b662d9082e09d826ecf Park Energy and its private equity backer started talking with Archrock about a deal before the downturn in 2020.

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]]> 148921 Encina Development Group names new CEO https://houstonnewmedia.org/encina-development-group-names-new-ceo/?utm_source=rss&utm_medium=rss&utm_campaign=encina-development-group-names-new-ceo Wed, 04 Aug 2021 18:19:12 +0000 http://houstonnewmedia.org/?guid=185e5d07bdc5bb622838542e38f98d9f The new executive will be the first to hold the CEO position at the company.

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]]> 148823 Phillips 66 to finish Frac 4 in Sweeny in Q4 2022 https://houstonnewmedia.org/phillips-66-to-finish-frac-4-in-sweeny-in-q4-2022/?utm_source=rss&utm_medium=rss&utm_campaign=phillips-66-to-finish-frac-4-in-sweeny-in-q4-2022 Tue, 03 Aug 2021 22:13:50 +0000 http://houstonnewmedia.org/?guid=ab373edd47ff7182fcd648fb7673a9d0 The company had delayed the project's construction in 2020 because of the pandemic.

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]]> 148489 Earthstone Energy CEO: How upstream deals have changed since January https://houstonnewmedia.org/earthstone-energy-ceo-how-upstream-deals-have-changed-since-january/?utm_source=rss&utm_medium=rss&utm_campaign=earthstone-energy-ceo-how-upstream-deals-have-changed-since-january Tue, 03 Aug 2021 18:04:16 +0000 http://houstonnewmedia.org/?guid=f1c6cfd894bf015843f96bf8cadd3d23 “Recent transactions we’ve seen that are in areas where there is good drilling opportunity, not only are you having to value the cashflow-producing asset at market rates, you’re also having to ascribe value to the upside.”

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]]> 148377 Earthstone Energy wants to do more deals in 2021 https://houstonnewmedia.org/earthstone-energy-wants-to-do-more-deals-in-2021/?utm_source=rss&utm_medium=rss&utm_campaign=earthstone-energy-wants-to-do-more-deals-in-2021 Tue, 03 Aug 2021 11:00:00 +0000 http://houstonnewmedia.org/?guid=94a4cb46a042538d126f7df5871aca74 “We’re still looking at the opportunity to consolidate additional assets under the Earthstone umbrella in order to continue our growth objectives,” the CEO said. “We could still do a couple more deals, and we’d love to do a couple more deals this year....

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]]> 148227 Tetra Technologies restores exec pay https://houstonnewmedia.org/tetra-technologies-restores-exec-pay/?utm_source=rss&utm_medium=rss&utm_campaign=tetra-technologies-restores-exec-pay Mon, 02 Aug 2021 17:50:49 +0000 http://houstonnewmedia.org/?guid=89345cccd1e6d2f25360409d5d47867f The company had originally cut compensation for all of its employees, including a 20% cut to executive salaries.

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]]> 148029 TechnipFMC sells more Technip Energies stake https://houstonnewmedia.org/technipfmc-sells-more-technip-energies-stake/?utm_source=rss&utm_medium=rss&utm_campaign=technipfmc-sells-more-technip-energies-stake Fri, 30 Jul 2021 20:18:45 +0000 http://houstonnewmedia.org/?guid=c0043fc1e704fea43af00a56ea8638a4 Additionally, TechnipFMC announced plans to acquire the remaining 49% interest in TIOS AS, currently a joint venture with Island Offshore Management AS.

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]]> 147272 Buckeye Partners acquires solar power project as it grows energy transition business https://houstonnewmedia.org/buckeye-partners-acquires-solar-power-project-as-it-grows-energy-transition-business/?utm_source=rss&utm_medium=rss&utm_campaign=buckeye-partners-acquires-solar-power-project-as-it-grows-energy-transition-business Fri, 30 Jul 2021 19:45:17 +0000 http://houstonnewmedia.org/?guid=93d30267eafd6ad951015366a364eff9 The midstream company's growth strategy used to be centered around expansion and diversification within the petroleum business, but it now has plans to invest more than $2 billion into its energy transition business.

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]]> 147274 Kirby Corp. CFO to retire https://houstonnewmedia.org/kirby-corp-cfo-to-retire/?utm_source=rss&utm_medium=rss&utm_campaign=kirby-corp-cfo-to-retire Thu, 29 Jul 2021 21:50:19 +0000 http://houstonnewmedia.org/?guid=b0e2dee198439ebd1650c145c3fb0c37 The CFO will stay with the company until a replacement can be named.

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