Friday, July 31, 2026

Exxon:  Baytown, Beaumont Refineries Restart Fuel Production, Gulf Coast Petrochem Plants Resume Normal Operation

Offshore and on-shore upstream production operating normally: Exxon In a post-Harvey update, ExxonMobil (ticker: XOM) reported that its Baytown and Beaumont refineries have begun producing fuels at reduced rates, and that crude oil and refined product pipelines in the Gulf and other regions of Texas have restarted as recovery continues from Hurricane Harvey. Offshore production platforms in the Gulf of Mexico

Tellurian Offers 10 Million Shares, but Quickly Pulls Offer

On May 17, 2017,  U.S. LNG export startup Tellurian Inc. (ticker: TELL) announced it planned to sell 10,000,000 shares of its common stock in an underwritten public offering with Credit Suisse Securities (USA) LLC as the deal’s sole book-running manager for the offering and with Tuohy Brothers Investment Research, Inc. as co-manager. This morning Tellurian pulled the stock offering. Tellurian

Former Cheniere Exec Becomes President, CEO of Tellurian Investments

Meg Gentle will Drive Tellurian’s Driftwood Gulf Coast LNG Project Development   Former Cheniere exec Meg Gentle will lead Tellurian Investments as the company’s president, CEO and a member of the board. Gentle has also made a $10 million private investment in Tellurian. At Cheniere, Gentle served as EVP of marketing, based in London, England. “Meg is an exceptionally talented executive,”

Saving Denver from “Houstonization” with a $7 Billion Train

From Politico A decade ago, travelers arriving at Denver’s sprawling new airport would look out over a vast expanse of flat, prairie dog-infested grassland and wonder if their plane had somehow fallen short of its destination. The $4.9 billion airport—at 53 square miles, larger than Manhattan—was derided as being “halfway to Kansas,” and given the emptiness of the 23-mile drive

Chart of the Week: 2014 Measured by Gasoline Prices

Listed below are gas prices for the Denver, Houston and New York metropolitan areas for 2014. All have dropped roughly $1.00 on a year-over-year basis, with prices in Denver and Houston dropping by roughly 33% compared to last December and as much as 45% since the summer. Important disclosures: The information provided herein is believed to be reliable; however, EnerCom,