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Category: Energy

The big new concept in Obama’s Keystone XL decision

Posted September 13, 2018 by Silvia Zurita in Alternative Energy, Business, Business Valuation, Construction News, Downstream, Energy, Engineering, Midstream, Oil, Onshore, Petrochemical, Transportation, Upstream

Though President Obama’s rejection of the Keystone XL pipeline garnered headlines, it was the rationale behind the rejection that may prove historic. Rather than emphasizing particular concerns along Keystone’s route, Obama adopted a more global frame — one that has been an emerging theme of recent climate scholarship and environmental activism.... Read More »

Houston Company to Build Ethylene Storage, Pipeline Projects

Posted September 13, 2018 by Silvia Zurita in Business, Business Valuation, Commercial, Construction, Construction News, Downstream, Energy, Engineering, Financial, Midstream, Petrochemical, Transportation

Houston-based Enterprise Products Partners LP (NYSE: EPD) has announced two projects centered around the Houston-area's midstream ethylene infrastructure. The first is a modification to one of its existing storage facilities, according to a press release. Enterprise will repurpose a Mont Belvieu, Texas, storage well to be able to draw in... Read More »

OPEC secretary general speaks of market patience

Posted February 14, 2018 by Silvia Zurita in Business, Business Valuation, Construction, Deepwater, Downstream, Energy, Engineering, Financial, FPSO, Maritime, Midstream, Natural Gas, Offshore, Oil, Onshore, Petrochemical, Pipeline, Suppliers, Transportation, Upstream, Valuation

By Daniel J. Graeber  |  Feb. 14, 2018 at 9:27 AM - UPI News It's a long-term game, the secretary general said in his opening remarks at a conference in Riyadh. Feb. 14 (UPI) -- While pointing to emerging optimism in the energy markets, OPEC's secretary general said Wednesday that any focus on stability... Read More »

Phillips 66, Enbridge partner on Texas pipeline

Posted December 11, 2017 by Silvia Zurita in Business, Business Valuation, Commercial, Construction, Construction News, Energy, Engineering, Financial, Infrastructure, Oil, Onshore, Pipeline, Transportation

Greg Garland, CEO of Phillips 66 Jimmy Moreland/HBJ By Olivia Pulsinelli – Senior web editor, Houston Business Journal Dec 11, 2017 Houston-based Phillips 66 (NYSE: PSX) and Canada-based Enbridge Inc. (NYSE: ENB) are planning to build a pipeline from the Permian Basin in West Texas to the Gulf Coast. The... Read More »

Tellurian makes $15B deal for engineering and construction of flagship LNG project

Posted November 13, 2017 by Silvia Zurita in Business, Business Valuation, Construction, Construction News, Energy, Engineering, Financial, Infrastructure, Midstream, Natural Gas, Oil, Pipeline

By Joshua Mann Houston Business Journal Nov 13, 2017 Houston-based Tellurian Inc. (Nasdaq: TELL) has awarded Bechtel Oil, Gas and Chemicals Inc. — the Houston-based subsidiary of California-based Bechtel Corp. — a collection of four engineering, procurement and construction agreements for its flagship liquefied natural gas terminal near Lake Charles,... Read More »

Technology is Making Construction Safer: Here’s How

Posted November 7, 2017 by Silvia Zurita in Business, Business Valuation, Commercial, Construction, Construction News, Energy, Engineering, Uncategorized

Posted September 27, 2017 by Fat Finger & filed under Technology news. Technology is constantly improving our lives including making construction safer. People working at construction sites are exposed to a variety of risks. This includes the risk of electrocution due to bad wiring, the risk of slips and falls,... Read More »

Operators sign up for Mexico’s round 2.4 bidding process

Posted November 6, 2017 by Silvia Zurita in Business, Business Valuation, Construction, Construction News, Energy, Engineering, Financial, Maritime, Offshore, Oil, Upstream

10/31/2017 Offshore Magazine, Offshore Staff MEXICO CITY – Twenty-five companies have asked the National Hydrocarbons Commission of Mexico (CNH) to sign up for the 4th invitation of the 2nd Round Bidding process and the PEMEX farmout for the Maximino-Nobilis deepwater block. The bid day will be Jan. 31, 2018. Round... Read More »

Puerto Rico Power Grid Rebuild Challenges Corps, Crews

Posted October 30, 2017 by Silvia Zurita in Alternative Energy, Business, Business Valuation, Commercial, Construction, Construction News, Energy, Engineering, Financial, Infrastructure, Pipeline, Transportation, Valuation

Crews from Whitefish Energy in Montana repair a tower in Puerto Rico - Photo courtesy of Whitefish Energy Article by: Pam Radtke Russell and Luke Abaffy - Houston Business Journal At least 3,000 workers, 62,000 poles, 338 towers and 6,500 miles of wire will be needed to rebuild Puerto Rico’s... Read More »

Schlumberger partners with Canadian E&P co. to buy oil and gas assets for $1B

Posted October 19, 2017 by Silvia Zurita in Business, Business Valuation, Commercial, Construction, Construction News, Deepwater, Downstream, Energy, Engineering, Financial, Maritime, Midstream, Natural Gas, Offshore, Oil, Onshore, Petrochemical, Pipeline, Upstream, Valuation

Schlumberger Ltd. Chairman and CEO Paal Kibsgaard.   By Olivia Pulsinelli – Senior web editor, Houston Business Journal   Schlumberger Ltd. (NYSE: SLB), which has one of its principal offices in Houston, and Torxen Energy will buy assets in Alberta, Canada, from Cenovus Energy Inc. (NYSE: CVE) for about $1... Read More »

New Construction Starts in 2017 to Increase 5% to $713 billion

Posted October 24, 2016 by Silvia Zurita in Business, Business Valuation, Commercial, Construction, Construction News, Energy, Engineering, Financial, Infrastructure, Pipeline, Suppliers, Transportation, Valuation

Dodge Outlook Report predicts moderate growth for most project types – single family housing, commercial and institutional building, and public works, while multifamily housing levels off and electric utilities/gas plants decline. MARKET DATA |OCTOBER 24, 2016 |DODGE DATA & ANALYTICS Dodge Data & Analytics today released its 2017 Dodge Construction Outlook. The report... Read More »