Naomi Klinge
@HBJNaomi
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Energy Reporter for Houston Business Journal. My coverage focuses on oil and gas, chemicals, and manufacturing
Houston, TX
Joined October 2011
Exxon has been clear that certain policies will be required for its energy transition businesses to succeed, and its proposed Baytown hydrogen project is no different. @exxonmobil #45V
https://t.co/YaHmHLTY2c
bizjournals.com
Exxon Mobil Corp. is waiting for tax credits to be finalized before moving to a final investment decision on its Baytown hydrogen project.
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Albert Chao, one of Houston's newest billionaires, is stepping down as CEO of @WestlakeCorp, but will remain on as executive chairman of the board. https://t.co/fQHVXgunJQ
bizjournals.com
Albert Chao, one of the richest people in Houston, is leaving his position as president and CEO of Westlake Corp. (NYSE: WLK), which he’s held for decades.
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"We made it through this one okay, but we have a lot of summer left to go." The Port of Houston has reopened, with the port and the energy industry mostly withstanding the worst of Hurricane Beryl, but it's still early in hurricane season. https://t.co/9f6jUnNlR0
bizjournals.com
The Port of Houston is officially open after being closed for more than two days during Hurricane Beryl, getting by with few serious impacts.
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Officially through my first real hurricane, and of course I was working the whole time! Here's some early assessments of the energy industry's responses to Hurricane Beryl: https://t.co/QHdmEUeQj0
bizjournals.com
As Hurricane Beryl moves through the Houston area, major energy infrastructure is hunkering down to avoid its effects.
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I've got another international company building out its energy transition business in Houston. Unsurprisingly, I think this coverage might be a bit of a trend! @thyssenkruppnca is looking to the Gulf Coast to increase its electrolyzer business: https://t.co/bxSALGX8Gi
bizjournals.com
Germany-based Thyssenkrupp Nucera is a supporting partner of the HyVelocity Hydrogen Hub and expects the local hydrogen industry to grow.
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With all the news that came out Tuesday, this one may have flown under the radar. @aramco is making more moves in the U.S. LNG industry by considering an equity deal with Port Arthur LNG. @SempraInfra
https://t.co/BeyuQLZR3A
bizjournals.com
Saudi Aramco's nonbinding agreement with Houston-based Sempra Infrastructure also includes a 20-year Port Arthur LNG offtake deal.
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Dearest gentle reader, Just kidding. But I definitely felt a bit like a gossip columnist when I got this email. The layers of context here run deep! https://t.co/hvm2Cfk8zV
bizjournals.com
Former BP America President David Lawler is the new CEO of Kimmeridge Texas Gas following a failed takeover play for SilverBow.
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A few months ago I was able to speak with several members of Waukesha-Pearce Industries, leading me to (accidentally) write this cover story on a historic Houston family business. Congrats on 100 years! https://t.co/kEG9ExuQSM
bizjournals.com
Waukesha-Pearce Industries survived the oil and gas crisis of the 1980s, the 2008 recession and the Covid-19 pandemic and has made it to 100.
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Houston is going to have a new public company! Formed by WaterBridge and Five Point Energy, LandBridge owns and manages land in the Permian Basin. https://t.co/hgGVS2ASW3
bizjournals.com
LandBridge owns about 220,000 surface acres across Texas and New Mexico, primarily in and around the Delaware Basin portion of the Permian Basin.
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Houston is becoming a hotspot for carbon capture, leading international companies to start opening offices in the area. CEO Wendy Lam spoke with me about why Capsol Technologies ASA is the latest company to do so. https://t.co/PKY8gKihll
bizjournals.com
Although Europe has a robust carbon capture and storage network, Capsol Technologies considers North America to be the largest CCS market.
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With a potentially record hurricane season closing in quickly, check out how the energy industry is preparing for storms, and what they've learned from previous events. Thanks to @Phillips66Co and @Port_Houston for giving us some insight. https://t.co/70uVw1j1oA
bizjournals.com
After the sudden derecho storm that hit Houston May 16, the threat of hurricane season is all too clear to businesses.
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I heard lots of great things at the Offshore Technology Conference this year, one of which being that draft regulation for offshore CCS in the U.S. could be published later this year! Here's what I learned: #OTC2024
https://t.co/TjQYWdL5Sb
bizjournals.com
The Gulf of Mexico is one of the best regions in the world for carbon sequestration, experts say, but the industry is waiting on a federal framework.
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Midstream giant @Kinder_Morgan announced during its earnings call it had leased pore space for a carbon sequestration project at the TGS Cedar Port industrial park. Both parties gave me some more info on the project, and why they chose Houston. https://t.co/ivbDBXAjoY
bizjournals.com
Houston-based Kinder Morgan Inc. (NYSE: KMI) is developing a carbon sequestration project near the Houston Ship Channel, joining several other carbon sequestration projects taking advantage of...
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My favorite panel from CERAWeek: The CEOs of @exxonmobil, @Chevron, @WeAreOxy, @bp_plc, @TotalEnergies, @Equinor, @eni, and @petrobras sat down to talk about how methane emissions are now considered a safety issue, and are being treated as such. https://t.co/1l1FdYk7sO
bizjournals.com
Conversations around mitigating methane emissions have begun to be treated as safety measures by some of the world’s top oil and gas CEOs. In a roundtable with eight CEOs of companies that are...
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FYI if you want a coffee with a picture of your face on it at @CERAWeek, get yourself an invite to the @exxonmobil House! It turned out way better than I thought it would!
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By selling off its assets in Alaska, BP lost access to Indigenous suppliers in the region, forcing the company to reevaluate its diversity ambitions. BP is now targeting $650 million in spending on diverse suppliers by 2025, rather than $1 billion. https://t.co/5jiVKE9OAO
bizjournals.com
BP PLC is aiming to increase the amount of money it spends on diverse suppliers, but the company has reevaluated its targets after selling off key assets.
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Houston-based @talosenergyllc has sold its entire low carbon solutions business to @TotalEnergies for about $148 million, but the Harvest Bend and Coastal Bend carbon sequestration projects could end up on the market. https://t.co/ZKNWWKORt7
bizjournals.com
Houston-based Talos Energy Inc.’s (NYSE: TALO) has sold its entire low carbon solutions business to France-based TotalEnergies SE (NYSE: TTE) to immediately pay off debts.
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It’s official: Public companies will be required to report their scope 1 and 2 emissions to the SEC, if material. This applies to essentially every energy company. https://t.co/gsiCIu9yER
bizjournals.com
While details of the SEC's new rule about disclosing scope 1 and 2 emissions, which was passed on March 6, are still uncertain as the industry continues to comb through the 886-page document, it is...
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Check out my interview with @Phillips66Co CEO Mark Lashier! My edited Q&A with him made the Houston Business Journal's cover story last week, and you can listen to the full interview in our Texas Business Minds podcast, posted at the top of the story. https://t.co/ZRFNJ7zHVs
bizjournals.com
Phillips 66 CEO Mark Lashier looks to the energy transition, shareholder returns and competition to drive him to improve both his business and the lives of his customers, hence the company’s mission:...
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Anti-trust investigations are not the only thing threatening Chevron's acquisition of Hess. Exxon is making a play for Hess's Guyana assets, which could jeopardize the merger. https://t.co/qp93vk9PeJ
bizjournals.com
Due to a pre-existing joint operating agreement, Exxon Mobil Corp. (NYSE: XOM) is exploring its rights to Hess Corp.'s (NYSE: HES) Guyana assets, which could threaten Chevron Corp.'s (NYSE: CVX) $53...
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