Author: Naomi Klinge

Exxon is developing a second advanced recycling facility in Baytown as it aims to process more than 1 billion pounds of plastic waste globally by 2027.

After deregistering from the New York Stock Exchange last year, Houston-based USD Partners LP recently sold its Stroud rail terminal to help pay off debt.

SLB’s offshore projects on track to reach a final investment decision jumped about 80% since pre-Covid years.

The quick timeline of Cheniere’s project is a marked difference from other liquefied natural gas projects, an analyst said.

Almost five months after the Federal Trade Commission opened an antitrust investigation into Spring-based Exxon Mobil Corp.’s (NYSE: XOM) $59.5 billion acquisition of Pioneer Natural Resources Co. (NYSE: PXD), the agency has agreed to allow the merger …

Switzerland-based drilling contractor Transocean Ltd. (NYSE: RIG), which has its U.S. headquarters in Houston, has announced two long-term contracts in the Gulf of Mexico breaching the $500,000-per-day “glass ceiling” as the market for high-specificati…

Chevron Corp. (NYSE: CVX) is preparing to integrate its Bayou Bend carbon capture and storage project with the massive HyVelocity hydrogen hub across the Texas Gulf Coast. At an event detailing a new report from the National Petroleum Council, Chevron’…

Houston-based Enterprise Products Partners LP’s Sea Port Oil Terminal Project, which has been in the works for years, received its deepwater port license from the United States Maritime Administration earlier in April. It was the most significant miles…

Chevron Corp. (NYSE: CVX) has officially said its proposed $53 billion merger with Hess Corp. (NYSE: HES) will be delayed. While several major upstream mergers are being pushed back with antitrust investigations by the Federal Trade Commission, Chevron…

Two Houston companies have exchanged midstream energy assets in Brazoria County, marking the second major acquisition for one company. Tivoli Midstream LLC will acquire storage capacity and a pipeline system from Freeport to Texas City from affiliates …