News Archive
First hydrogen-powered truck in Texas hits Houston roads
December 13, 2022 - The first time Rodrigo Peña climbed into the Hyzon truck's cabin and eased his foot off the break, it wasn't the awe of being inside the first hydrogen-powered freight truck to be operated in Texas that struck him.It was the silence."I could hear rocks...
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Pennzoil-Quaker State acquires stake in lubricant recycling co. Blue Tide Environmental
December 4, 2022 - A local Shell PLC subsidiary has acquired a significant stake in a North Texas company building a lubricant recycling project east of Houston.Houston-based motor oil giant Pennzoil-Quaker State Co., which is owned by London-based major Shell PLC (NYSE: SHEL), acquired a 49% equity interest in Plano-based Blue Tide Environmental, the...
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Year in Review: Chevron buying Renewable Energy Group for $3.15B was a Deal of the Week
December 1, 2022 - Through the end of December, we're taking a look back on the Deals of the Week from 2022. This was the Deal of the Week for the Houston Business Journal's March 4-10 edition.The deal closed in June.Since the Chevron deal was announced, at least two other energy...
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City of Baytown and ExxonMobil reach Chapter 212 agreement
November 22, 2022 - The City of Baytown and ExxonMobil have announced a new 35-year agreement that will continue to strengthen the long-standing relationship between community and industry while promoting innovation into the future.Representatives from the city and ExxonMobil have finalized a Chapter 212 agreement that will keep jobs in Baytown and potentially...
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Regulators give green light to Enterprise Products Partners’ oil port off Surfside Beach
November 21, 2022 - A new kind of oil export terminal could soon float in the Gulf of Mexico near Freeport after federal regulators gave a green light to the project.The federal Maritime Administration made a determination Monday regarding a license for the deepwater Sea Port Oil Terminal, or SPOT,...
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ClearSky Health breaks ground for medical rehabilitation hospital
November 17, 2022 - ClearSky Health Rehabilitation Hospital of Baytown broke ground for its newest facility Wednesday on Blue Heron Parkway. ClearSky selected Baytown as the site of a new 30-bed medical rehabilitation hospital. Baytown was selected as the new site for the healthcare provider that owns and operates inpatient rehabilitation hospitals in Texas,...
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Chevron Phillips Chemical and QatarEnergy to construct integrated polymers facility on US Gulf Coast
November 15, 2022 - Chevron Phillips Chemical Company LLC and QatarEnergy announced today that they are proceeding with the construction of an $8.5 billion integrated polymers facility in Orange, Texas, expected to create more than 500 full-time jobs and approximately 4,500 construction jobs and generate an estimated $50 billion for the community in residual economic impacts. The...
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Houston Methodist Baytown Hospital opens new 5-story tower
November 13, 2022 - Houston Methodist Baytown officially opens a new five-story building to patients today. The new state-of-the-art tower is named Unity Tower and features 75 private rooms, an intensive care unit, and an entire floor dedicated to childbirth and obstetrics services. “This is an exciting time for Houston Methodist Baytown Hospital,...
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Port Houston Container Growth Continues
October 30, 2022 - HOUSTON--(BUSINESS WIRE)--The Port Commission of the Port of Houston Authority met on Thursday, October 27, for its regular monthly meeting.In his report to the Commission, Executive Director Roger Guenther stated that Port Houston has yet to experience any softening in import loads. He highlighted September as the second-highest...
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West Chambers leaders hear positive report from industry
October 26, 2022 - The annual State of Industry Luncheon of the West Chambers County Chamber of Commerce Tuesday featured familiar faces from the midstream energy business reporting on their industry sector, which is doing well but in a state of flux.Five panelists spoke on the condition of industry in the area. ...
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