As many of our OilandGasInvestor.com visitors may have noticed, our site has been down for a good part of the week due to power outages in Houston. Like most of Houston, business is slowly carrying on as usual at Oil and Gas Investor. As I relayed in my last blog, I was fortunate enough to be out of town for Hurricane Ike. I returned to Houston Tuesday and have been able to volunteer at two different POD (Point Of Distribution) locations since then, handing out food, water and ice. While driving around the city the last couple of days, I have seen devastating destruction. Boats in the harbor in Seabrook, Texas submerged in 5-10 feet of water. Some of the boats ended up on land, in buildings, or crashed into other boats. Tree damage in my neighborhood in West Houston. Though the hurricane caused plenty of damage to Houston, Galveston and surrounding neighborhoods, I have been extremely blessed by the spirit of community I have experienced over the last few days. Houston is a place of resilient, positive people. In the distribution lines the last couple days, most everyone has smiled and had positive spirits for the future. This city will bounce back quickly, as will any effect Hurricane Ike had on the oil industry.
2023-11-02 - Exxon Mobil’s acquisition of Denbury adds more than 1,300 miles of CO2 pipeline, including nearly 925 miles of pipelines in Louisiana, Texas and Mississippi.
2023-10-02 - HEYCO Energy purchased Egdon’s assets, containing interests in 33 licenses in the U.K. including Wressle Field, the country’s second-biggest oil field by volumes.
2023-12-01 - Equinor is exiting Nigeria with the sale of Equinor Nigeria Energy Co. to Chappal Energies in an effort to consolidate its international oil and gas portfolio.
2023-11-15 - WestRock’s agreement with an Engie subsidiary supports two Texas-based solar projects as part of WestRock’s aims to reduce greenhouse-gas emissions.
2023-10-03 - EnergyMark’s acquisition of Crown Energy Services demonstrates long-term growth in locally-sourced energy.