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Category: Onshore

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 »

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 »

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 »

Texas Economist Sees Oil Industry Leveling Out

Posted October 12, 2016 by Silvia Zurita in Alternative Energy, Business, Business Valuation, Deepwater, Downstream, Energy, Engineering, Financial, FPSO, Infrastructure, Maritime, Midstream, Natural Gas, Offshore, Oil, Onshore, Petrochemical, Pipeline, Upstream, Valuation

San Antonio Express-News   Oct. 10 --A little more than two years since the start of the worst oil downturn in recent memory, the Texas petroleum industry may finally be looking at the bottom as prices, rig counts and even employment show gains. "We're just looking at these little milestones.... Read More »

Research project seeks to deliver ultra-deepwater riser concepts

Posted April 1, 2016 by Silvia Zurita in Business, Business Valuation, Commercial, Construction, Construction News, Deepwater, Energy, Engineering, FPSO, Maritime, Offshore, Oil, Onshore, Upstream

A recent research project has been working to select and bring to maturity at least one safe riser system concept that could meet the performance demand of high-motion vessels in ultra-deepwater areas (10,000-ft depths). Stress Engineering Services, Inc., has been undertaking this work, under the auspices of the Research Partnership... Read More »

Houston named one of the top-performing cities in the U.S.

Posted January 12, 2015 by Silvia Zurita in Big Lenders, Business, Commercial, Construction, Construction News, Energy, Engineering, Financial, Offshore, Oil, Onshore, Petrochemical, Upstream

Houston was named on Milken Institute's 2014 Top 25 Best-Performing Large Cities list. The Bayou City ranked No. 7 of 25 on the list, behind Salt Lake City, Utah; Raleigh, North Carolina; and San Jose, California. Houston had the fourth highest job growth rate between 2008 and 2013 and the... Read More »

Proposed legislation could make it hard and expensive to ban fracking, limit drilling in Texas

Posted December 22, 2014 by Silvia Zurita in Energy, Onshore, Shale, Upstream

Two bills filed in the state legislature could make it very difficult for Texas cities to follow in Denton's footprints by banning hydraulic fracking or passing other strict regulations. House Bill 540 would require cities to submit valid petitions to the Texas attorney general for review before holding an election.... Read More »

America’s Repiping – The Flanagan South Story

Posted December 11, 2014 by Silvia Zurita in Business, Construction, Energy, Engineering, Midstream, Oil, Onshore, Pipeline, Suppliers, Transportation, Uncategorized

Aside from the scale, engineering, design, construction and safety challenges, any of which could define a pipeliner’s career, what really motivates Enbridge’s Flanagan South Pipeline executives Jerrid Anderson and Mark Sitek, is the idea they are part of a larger socio-economic movement across North America. They’re helping to allow domestic... Read More »

Europe: Weaning itself off Russian energy

Posted May 30, 2014 by Silvia Zurita in Business, Construction, Deepwater, Downstream, Energy, Engineering, FPSO, Midstream, Natural Gas, Nuclear, Offshore, Oil, Onshore, Petrochemical, Pipeline, Shale, Suppliers, Upstream

  Washington, DC - The G7 recently met in Rome to discuss the challenges of energy security following Russia's invasion of the Crimean peninsula, and reaffirmed its commitment to pursuing collective energy security. "Energy should not be used as a means of political coercion nor as a threat to security,"... Read More »