Items Tagged with 'houston'

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Former BG Group plc executive Martin Houston's newly launched Parallax Energy is developing mid-scale liquefied natural gas (LNG) assets; putting together a gas marketing and trading shop; and, through an affiliate company, will be hunting for value in the U.S. shale patch. Houston told NGI he's getting ready for the price volatility to come. Read More

FERC on Thursday rejected BP America Inc.'s motion to dismiss allegations that it gamed the physical and financial markets at the Houston Ship Channel (HSC) in 2008, voting instead to send the issue to an administrative law judge (ALJ) for hearing. Read More

Houston is poised to create thousands of new jobs on a twin boom, one fed by chemical plant and liquefied natural gas investments, the other as Mexico opens its doors to foreign money, according to an analysis by the Greater Houston Partnership (GHP) and HSBC Group. Read More

A fleet of oil-retrieving skimmers and other vessels, as well as close to 400 people, were working Monday in parts of the Houston Ship Channel to contain up to 400 bbl (168,000 gallons) of heavy oil that spilled following a collision Saturday between an oil barge and cargo ship. The ship channel, one of the world's busiest waterways to move petrochemicals, could be closed partially to import and export traffic for a week or more. Read More

The Houston Ship Channel, the 52-mile convoy that delivers close to 11% of U.S. refining capacity for the Port of Houston, was shuttered for a third day Monday as cleanup continued to remove close to 4,000 bbl (168,000 gallons) of residual fuel oil that spilled after an oil barge and cargo ship collided. Read More

FERC on Thursday approved border-crossing facilities that are part of a plan by Energy Transfer Partners LP unit Houston Pipe Line Co. LP to ship gas between Texas and Mexico. Read More