UPS said Wednesday it is buying the equivalent of 170 million gallons of renewable natural gas from California-based natural gas provider Clean Energy Fuel Corp. in the next seven years to fuel its delivery trucks in Texas and 12 other states. UPS will have fueling stations in El Paso, Fort Worth and San Antonio. UPS […]
Howard Energy, WPX Energy complete project in Delaware Basin
San Antonio-based Howard Energy Partners and Tulsa-based WPX Energy said May 16 they have completed a majority of their previously-announced crude oil and natural gas gathering and processing infrastructure in Delaware Basin. After startup of the first 200-MMcfd plant last year, Howard recently commissioned and operates this second 200-MMcfd plant as part of its cryogenic […]
Occidental, Canadian company to develop direct air capture plant
Oxy Low Carbon Ventures, a subsidiary of Occidental Petroleum, and Canadian clean energy company Carbon Engineering said Tuesday they will jointly proceed with engineering and design of the world’s largest direct air capture and sequestration facility to be located in the Permian Basin. The companies are developing a facility designed to capture 500 kilotonnes of […]
Permian water conference donates $100,000 to UTPB
The Permian Basin Water in Energy Conference recently donated $100,000 to University of Texas Permian Basin after its second annual conference. The conference advisory board said the gift may be used to advance the UTPB mission. Dr. Sandra Woodley, UTPB president, said, “We at UT Permian Basin understand the value of water in our region […]
Barnett Shale: No horizontal well permits filed since April 9
The Houston Chronicle said this week there have been no filings to the state for horizontal drilling permits in more than a month in the Barnett Shale in north Texas, the so-called “birthplace of the shale revolution.” The Chronicle said May 13 that Fort Worth-based TEP Barnett USA was the last company to seek a […]
Spur Energy, KKR to acquire Permian northwest shelf assets
Houston-based startup Spur Energy Partners and investment firm KKR said Tuesday they formed a partnership to acquire Permian northwest shelf assets of Houston-based Percussion Petroleum and other assets across the lower 48 states. The acquisition includes interests in 380 gross producing wells and 22,000 net acres in the Yeso formation in Eddy and Lea counties […]
DOE issues approval for Sempra LNG export facility in Port Arthur
The U.S. Department of Energy issued approval May 2 for Sempra Energy’s proposed installation at Port Arthur in Jefferson County to export LNG to countries that do not have a free trade agreement with the U.S. San Diego-based Sempra received permission to export as much as 1.91 Bcfd of domestically produced LNG to non-FTA countries […]
Chevron completes purchase of Pasadena Refining System
Chevron USA completed its purchase from Petrobras America of all outstanding shares and equity interests of Pasadena Refining System, including a refinery in Pasadena, and PRSI Trading for $350 million. The Pasadena complex of 466 acres includes a refinery of 110,000 b/d, 5.1 million barrels of oil and products storage capacity, marine terminal and logistics […]
U.S. marks 13 consecutive months as net exporter of natural gas
The U.S. Energy Information Administration said May 1 that February marked 13 consecutive months for the nation’s natural gas exports to exceed imports. The U.S. exports natural gas by pipeline to Canada and Mexico and increasingly exports LNG to several other countries. Exports to Canada tend to be seasonal to be used as heating fuel, […]
Texas Petro Index for March up 9.4 percent in past year
The Texas Petro Index prepared for March by Amarillo petroleum economist Karr Ingham remains relatively flat but above the index of a year ago. The March index was 212.4 for a decline of less than a point from 213.2 in February. The index was 212.2 in December and 212.5 in January, but 194.2 in March […]
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