Author: Naomi Klinge

Houston Natural Resources Corp. recently acquired 100% interest in Cunningham Energy LLC and now plans to change its name to reflect the move.

The Houston region is growing its chemicals capacity compared to the rest of the U.S., according to the 2023 Houston Fact report by the Greater Houston Partnership.

Houston-based Occidental Petroleum Corp. (NYSE: OXY) has raised its full-year production guidance after production volumes in the Permian Basin and Rockies exceeded guidance for the second quarter.

Meanwhile, Plains All American plans to be at the high end of its guidance for natural gas liquids volumes coming out of the Permian Basin, despite a slowdown in activity this quarter.

Despite beating analyst estimates in the second quarter, LyondellBasell expects income to drop by a percentage between the mid-teens and mid-twenties for third quarter.

ConocoPhillips expands full year production guidance with Q2 records in the Permian Basin and company wide.

Cheniere missed analyst estimates for revenue in the second quarter 2023, making $4.1 billion in revenue, under analyst’s expectations of $4.81 billion.

Phillips 66 goes over budget on refinery conversion as it beats analyst expectations for the second quarter 2023.

Enterprise Products Partners reached six operational records in Q2, despite missing analyst expectations on revenue.

Occidental and ADNOC explore potential for new carbon capture hubs in the U.S. and UAE, including a 1 million tonne-per-year project in the Middle East.