Author: Naomi Klinge

Woodside Energy Group Ltd. (NYSE: WDS) is making another multibillion-dollar Texas deal, this time buying up a low-carbon ammonia plant.

Although Chevron had asked a tribunal to hear the case in the third quarter of 2024, the hearing will now delay the deal for another year.

After the move, Chevron will become Houston’s second-largest publicly traded company, with just over $200 billion in 2023 revenue.

Houston-based Occidental Petroleum Corp. has finally completed the acquisition of CrownRock, which initially was expected to close in the first quarter.

CenterPoint has withdrawn a request to increase customer rates, but the status of its efforts to recuperate costs from recent storms remain unclear.

The Gulf Coast carbon capture project is the first SLB and Aker Carbon Capture have announced since their joint venture deal closed in June.

Wood Group views Houston as a top global office, with plans to grow its operations division in the region.

CenterPoint plans to secure new loans to recover the costs from Hurricane Beryl and the May 16 derecho.

Back in 2019, Enterprise announced a huge expansion its Enterprise Hydrocarbons Terminal on the Houston Ship Channel. Now, there’s a new plan.

The project gives BP access to the Paleogene, a deepwater portion of the Gulf of Mexico that has 10 billion barrels of discovered recoverable resources.