The Texas oil and natural gas industry paid $27.3 billion in state and local taxes and state royalties in fiscal year (FY) 2024–the highest total in Texas history.
This transaction underscores Shell’s commitment to optimizing its operations and reducing its environmental footprint while enabling companies like Edgewater Midstream to strengthen their strategic capabilities in the energy sector.
Texas’ energy exports and production of oil, natural gas and natural gas liquids (NGLs) have achieved new record highs again.
Archaea Energy, a subsidiary of bp, and UGI Energy Services, LLC, a subsidiary of UGI Corporation celebrated the start-up of their joint venture’s renewable natural gas plant in Hegins, Pennsylvania.
Shell Energy North America, L.P. (SENA), a subsidiary of Shell, has signed an agreement to acquire a 100% equity stake in RISEC Holdings, LLC (RISEC).
KBR announced it was awarded an engineering and procurement services contract for the Beachfield Manatee upgrade, the onshore portion of the Manatee gas field project.
The 2024 Gulf Energy Information Excellence Awards recognized the energy industry’s top innovations and leaders.
The pipeline will bring additional capacity to Shell’s extensive Gulf of Mexico (GoM) footprint, expanding support for domestic oil production in the western and central area of the GoM.
The Sinco pipeline system and the Colex terminal are located in the Houston Ship Channel area and have historically been operated as integrated assets with the Deer Park Refinery.
The Texas Railroad Commission (RRC) is taking a significant step forward in updating its waste management regulations, which have not undergone major changes in 40 years.
Airports Council International (ACI) announced that George Bush Intercontinental Airport (IAH) and William P. Hobby Airport (HOU) achieved Level 2 of the Airport Carbon Accreditation program.
Archaea Energy, a subsidiary of bp and Waste Connections, Inc., celebrated the opening of their first renewable natural gas (RNG) plant in Pennsylvania.
Marathon Oil Corporation announced that it received the necessary stockholder approval for Marathon Oil’s pending merger with ConocoPhillips.
Lummus Technology, a global provider of process technologies and value-driven energy solutions, announced an award for multiple technologies from Bharat Petroleum Corporation Limited (BPCL) for a new world-scale ethylene plant and associated downstream units in Bina, Madhya Pradesh State, India.
Kaskida will be bp’s sixth hub in the Gulf of Mexico, featuring a new floating production platform with the capacity to produce 80,000 barrels of crude oil per day from six wells in the first phase.
In response to the recent devastation caused by Hurricane Beryl, CITGO is donating $100,000 to support local disaster relief efforts being conducted by the Houston Food Bank (HFB), Catholic Charities, and Team Rubicon.
Archaea Energy, a subsidiary of bp, and Republic Services celebrated the first renewable natural gas (RNG) plant in the companies’ Lightning Renewables joint venture.
Statewide and county crude oil and natural gas production for March 2024 came from 163,674 oil wells and 84,739 gas wells, the Railroad Commission of Texas announced.
The agreement, which expands Project Canary’s multiple technology partnerships, combines Project Canary’s unique Carbon Portal features with Tachyus’s leading GHG regulatory reporting features for clients in the oil and gas sector.
Noble Corporation PLC and Diamond Offshore Drilling, Inc. announced that they have entered into a definitive merger agreement under which Noble will acquire Diamond in a stock plus cash transaction.
