Valero Energy Corporation (NYSE: VLO) has agreed to acquire LyondellBasell’s former Houston Refinery site for $320.5 million and plans to restart 165,000 barrels per day (bpd) of light sweet crude processing capacity by the end of 2027. The deal, announced October 30, 2026, expands Valero’s Gulf Coast refining footprint adjacent to its existing Houston plant […]
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CenterPoint just raised its 10-year spending plan to $70.7 billion to wire up data centers and other big loads. Here is how that money finds its way onto the delivery charges in Houston power bills. By Energy News Beat. Data as of Oct. 27, 2026. If you live in the Houston area, part of every […]
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The effective closure of the Strait of Hormuz amid the 2026 Iran-related conflict has fundamentally altered global liquefied petroleum gas (LPG) trade flows. Middle Eastern exports from Saudi Arabia, the UAE, Qatar, and Iran slowed sharply as tanker traffic collapsed and infrastructure faced risks or attacks. Before the escalation, roughly 54 oil, chemical, and LPG […]
Continue ReadingIn a landmark move shaking up the U.S. shale industry, Devon Energy Corporation (NYSE: DVN) and Coterra Energy Inc. (NYSE: CTRA) have announced an all-stock merger valued at approximately $58 billion in combined enterprise value. The deal, unveiled on February 2, 2026, aims to forge a premier shale operator with enhanced scale, diversified assets, and […]
Continue ReadingEnergy Security starts at home, and Energy Dominance starts with exporting services and energy. We are seeing the world start to wake up to energy security. The levels of natural gas supply vs. imports is a real question for planners. The question is: why take down perfectly good coal plants when China and India will […]
Continue ReadingDaily Standup Top Stories Which Energy Markets are Moving July 20, 2025 Clark Savage As we navigate through July 2025, the global energy landscape continues to evolve amid economic uncertainties, policy shifts, and fluctuating demand. From traditional fossil fuels to emerging renewables, various sectors are experiencing notable movements—some upward, […] EQT Calls on Congress to Slash Gas […]
Continue ReadingWeekly Daily Standup Top Stories Joe Biden and Kamala’s Iran Oil Sanctions Failure November 2, 2024 Stu Turley ENB Pub Note: This is an excellent article from Ariel Cohen on the National Interest website. Joe Biden and Kamala Harris’s foreign policies are horrific. They are either incompetdent, corrupt or both. The global failure […] LyondellBasell to Shut […]
Continue ReadingDaily Standup Top Stories 10 Can’t-Miss Election Predictions November 2, 2024 Clark Savage ENB Pub Note: This is an excellent article from Robert Bryce’s Substack. I am reaching out to him and will try to record a podcast post on this topic next week. I highly recommend subscribing […] Joe Biden and Kamala’s Iran Oil Sanctions Failure […]
Continue ReadingDaily Standup Top Stories Italy’s central bank backs helping poorer countries fund energy transition September 16, 2024 Mariel Alumit ROME, Sept 16 (Reuters) – Italy’s Central Bank governor Fabio Panetta on Monday threw his weight behind a plan to help poorer countries reduce their carbon emissions, saying it would ultimately reduce the overall cost […] LNG pipeline […]
Continue ReadingWeekly Daily Standup Top Stories New Zealand to lift oil drilling ban amid blackout fears in blow to Starmer June 9, 2024 Stu Turley New Zealand was on Saturday night expected to revoke a ban on drilling for oil and gas amid fears of blackouts, as Labour plans to impose a similar crackdown on the North Sea. The […]
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