Texas Energy Developments

"Oil prices are still struggling, and workforce strikes have expanded at many refineries. But not all the news is glum."  The downturn in Texas shale rig counts and increased pessimism from offshore drillers is being countered by companies are taking advantage of the marketplace.  Valero Energy Partners is expanding and taking over refined petroleum terminals in Houston and Louisiana. Texas oil companies continue to prepare for the 1st round of bidding under the Mexican energy reform program.