Deals took the spotlight in Texas energy news last week, which featured a merger, a Mexican logistical agreement and the overturning of a jury decision on a broken deal from 2014. Meanwhile, Kinder Morgan dropped some strong earnings numbers and Paragon came out of bankruptcy with a fresh board of directors. Here are five things to know in Texas energy this week.
• Houston-based Kinder Morgan Inc. (NYSE: KMI) posted strong second-quarter earnings, saying it would increase its dividend by 60 percent…
5 things to know in Texas energy this week syndicated post
“Cautious optimism and the belief that the worst may be behind us has investors feeling more positively about Houston.”
Downtown Houston’s top office buildings show promising upswing syndicated post
The Woodlands-based Huntsman Corp. (NYSE: HUN) announced July 24 that its pigments and additives subsidiary has launched its initial public offering of 22.7 million shares.
Venator Materials PLC’s IPO is expected to be priced between $20 and $22 per share, and Huntsman plans to grant the underwriters a 30-day option to purchase up to an additional 3.4 million shares.
Before deducting the underwriting discount and estimated offering expenses, the IPO could raise up to $499.4 million, or $574.31…
Huntsman’s pigments and additives business launches IPO to raise around $500M syndicated post
“I think today they still operate beyond cash flow, but I think the situation for the rest of the year is relatively set.”
Schlumberger CEO: U.S. upstream isn’t living within its means syndicated post
Both firms have thousands of lawyers across the world.
Law roundup: Partners join Houston firms syndicated post
Refinery Burgers and Whiskey restaurant and bar just outside of downtown Houston has been transformed into a new concept.
South Bank Seafood Bar opened in its place, at 702 W. Dallas St., earlier this month. Houston-based Eighty Six’d Hospitality Group — which also owns Bovine & Barley, The Fish, HTX Fan Tavern and Rose Gold Cocktail Den — said the name references the concept’s location on the south bank of Buffalo Bayou.
Eighty Six’d partners Michael Collins and Jason Lowery created…
Photos: Restaurant and bar near downtown Houston transformed into new concept syndicated post
As part of an ongoing fundraising effort, Space Center Houston has launched a Kickstarter campaign to raise $250,000.
The crowdfunding effort, called “The Webster Challenge: Restore Historic Mission Control,” launched July 20 and had raised more than $162,500 as of July 23. The 30-day campaign runs through Aug. 19, and the city of Webster will match each gift dollar for dollar, up to a $400,000 maximum.
The Kickstarter funds will go toward Space Center Houston’s $5 million “On a Mission:…
Space Center Houston launches crowdfunding campaign for Mission Control restoration syndicated post