Execs at Houston upstream co. nab retention bonuses
The bonuses for named executives range from $80,000 to $160,000.
American Water closes $8.6M deal in Chester County
Pennsylvania American Water closed its deal to buy a Chester County wastewater system, the company announced Thursday.
The Pennsylvania subsidiary of Camden-based American Water (NYSE: AWK) paid $8.6 million for Sadsbury Township’s sewer system, which serves 1,000 customers. It already operates the township’s water system.
After a law passed in 2016 making it more financially feasible for Pennsylvania municipalities to sell water or wastewater assets to private companies like American Water,…
Exxon Mobil settles with Feds over Beaumont facility fire
Exxon Mobil Corp. (NYSE: XOM), which has a major presence in Houston, has reached a settlement with federal prosecutors over its role in a 2013 fire at an oil refinery in Beaumont, Texas, that killed two workers and 10 others.
The Irving, Texas-based oil and gas giant will pay $616,000 in civil penalties and hire an outside help to inspect whether the company follows guidelines at the refinery’s other units, according to the agreement with the Justice Department and the Environmental Protection…
Houston LNG co. inks deal for 984 acres for South Texas export facility
Houston-based NextDecade Corp. (Nasdaq: NEXT) has secured land for a large-scale liquefied natural gas export terminal along the Port of Brownsville on the southern Texas coast.
Rio Grande LNG LLC, a NextDecade subsidiary, entered into a lease agreement with the Brownsville Navigation District for a 984-acre parcel of land in Cameron County, according to a press release. The lease is for an initial 30-year term and includes two options for 10-year extensions.
The 27 million-tons-per-annum Rio…
ExxonMobil settles with Feds over Beaumont facility fire
Exxon Mobil Corp. (NYSE: XOM) has reached a settlement with federal prosecutors over its role in a 2013 fire at an oil refinery in Beaumont that killed two workers and 10 others.
The Irving oil and gas giant will pay $616,000 in civil penalties and hire an outside help to inspect whether the company follows guidelines at the refinery’s other units, according to the agreement with the Justice Department and the Environmental Protection Agency. Exxon must also buy a vehicle for the Beaumont Fire…
Georgia Power, Georgia Tech partnering on ‘microgrid’ project
Georgia Power Co. and Georgia Tech have announced a new partnership to build a 1.4-megawatt “microgrid” in Midtown Atlanta’s Tech Square.
Microgrids are self-contained power systems located at the facilities they plan to serve. They include generation resources, storage systems and energy management systems.
The microgrid at 5th and Spring streets will serve as a living laboratory for Tech professors and students.
“The Tech Square Microgrid project will give us a better understanding of the resiliency,…
Duke Energy settles last lawsuit over 2014 coal-ash spill in Rockingham County
The lawsuit, filed by 33 property owners along the Dan River, was slated to go to trial in Rockingham County next week.
Despite moving hundreds of employees to Houston, Chevron reiterates commitment to California HQ
A sampling of Chevron’s waves of migration out of the San Francisco Bay Area include 400 employees in 2013, 100 in 2015 and another 400 in 2018.
KC drives big push for energy efficiency
Kansas City is pushing to go green, and its plans to power municipal buildings sans carbon is inching closer to fruition, The Kansas City Star reports.
The city’s Finance and Governance Committee unanimously approved a resolution Wednesday to collaborate with KCP&L to use electricity from carbon-free sources starting Dec. 31, 2020. The resolution also calls for reaching Energy Star certification on 90 percent of its buildings by no later than Dec. 31, 2023, and establishing an electric vehicle…
Houston-based LNG co. gives execs pay raises
The company has named five executives to get raises to their annual salaries ranging from $10,500 to $62,000.
