The Latest

LyondellBasell Pushes Back Houston Oil Refinery Closure

LyondellBasell Pushes Back Houston Oil Refinery Closure

Petrochemical company LyondellBasell is delaying its exit from the refining sector and evaluating future options for its 700-acre site on the Houston Ship Channel.

US Natgas Up 2% on Forecast for More Demand, Record Exports to Mexico

Despite near record U.S. output and low amounts of gas flowing to LNG export plants, a price jump occurred. 

U.S. oil and gas industry

Gen. Clark: Oil, Gas Industry Key to US Winning ‘Next Battle’

“Oil and gas production is U.S. national security–it’s that simple,” retired four-star Gen. Wesley Clark said during Hart Energy’s SUPER DUG conference.

Congress Approves Debt Ceiling, Keeps Pipeline Legislation Intact

Amendments to strike language that would expedite the long-stalled Mountain Valley Pipeline from the legislation failed, according to media reports.

Vertex Completes Startup Procedures for Renewable Diesel Project

Vertex Completes Startup Procedures for Renewable Diesel Project

Following two weeks of downtime for repairs, Vertex Energy has achieved initial production of renewable diesel.

Asian Spot LNG Prices Slip for Sixth Straight Week

The average LNG price for July delivery into northeast Asia was down 5.3% compared to the previous week.

The Biggest Little Producer in the Permian

The Biggest Little Producer in the Permian

Mewbourne Oil CEO Ken Waits shares the strategy that propelled the 58-year-old private company to the top of the nation’s most prolific play, the Permian Basin.

TotalEnergies, TES Team Up in US for Synthetic Natgas, Hydrogen Project

TotalEnergies, TES Team Up in US for Synthetic Natgas, Hydrogen Project

TotalEnergies and TES aim to produce up to 200,000 metric tons of so-called e-NG at a U.S. production unit.

Automatic for the People: Drillers Chase Consistency

Automatic for the People: Drillers Chase Consistency

Panelists at Hart Energy’s SUPER DUG conference emphasized automation’s ability to bring about much-needed reliability and consistency in the drilling space.

Shares Fall as US Debt Deal Goes to a Vote; China Data Rattles Nerves

In the early U.S. morning, the MSCI All-World Index of global shares and the U.S. stock index futures were both down by 0.4%.