Despite low oil prices, Mexico will move forward on pipeline initiatives that will impact the Eagle Ford in Texas. Jumping on the opportunities afforded by the new energy reform measures, the state power company (CFE) has initiated an aggressive construction campaign that includes $3.3 billion to be spent on 12 natural gas and electricity projects. The state power company … [Read more...] about Oil and Gas Pipelines Cross Texas-Mexico Border
Oil Gas
Eagle Ford shale fueling growth of Texas Gulf Coast
Natural gas production has reached record levels in the United States thanks to the Eagle Ford and other shale plays. Although natural gas prices are trading near 10-year lows, producers are finding new markets and outlets for the clean-burning fuel, cheap natural gas from the Eagle Ford has created conditions allowing for billions of dollars of investment around South Texas … [Read more...] about Eagle Ford shale fueling growth of Texas Gulf Coast
Gulf Coast States No Longer need to Import Oil
Gulf Coast states have virtually eliminated imports of light crude oils from foreign countries due to booming U.S. oil production from hydraulically fractured wells over the country’s shale plays. Gulf Coast states like Texas and Louisiana used to import as much as 1.3 million barrels per day of light, sweet crude oil — more than any other region of the country, according to … [Read more...] about Gulf Coast States No Longer need to Import Oil
Expansion in Natural Gas Spurs Big Plans for Corpus Christi
The U.S. shale revolution has spurred construction of many types—remote-site roads, natural-gas processing plants, pipelines, storage-tank farms and petrochemical projects, among them—but few, if any, projects are as challenging to develop, permit, finance and build as the multibillion-dollar plans to liquefy natural gas and load the resulting LNG for shipment … [Read more...] about Expansion in Natural Gas Spurs Big Plans for Corpus Christi
Corpus Christi Sees Eagle Ford Shale Benefits
Corpus Christi is seeing explosive economic growth from Eagle Ford Shale. More than $3.8 billion in projects are under construction at the Port of Corpus Christi, with $12 billion more in the permitting phase. Projects include: A $10 billion Cheniere Energy Inc. natural-gas liquefaction plant, handling shale product. Trafigura is undergoing a $500 million expansion of … [Read more...] about Corpus Christi Sees Eagle Ford Shale Benefits