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5 things to know in Texas energy this week

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There was a lot of news out of CERAWeek in Houston last week, where the conference drew a crowd of energy insiders, including a large handful of industry executives. One of the most prominent was Exxon Mobil Corp. CEO Darren Woods, who gave one of his first public appearances since he stepped into the position at the beginning of the year. Meanwhile, Enbridge Inc. CEO Al Monaco talked about some of the ways the company can get efficiency out of its recent Spectra Energy acquisition, including through an office move out of downtown Houston. Occidental CEO Vicki Hollub said during her CERAWeek talk that her company is looking to rebuild its production after a few years of volume decline. Outside of the conference, MMEX Resources Corp. is making plans to build a new refinery in Texas. Unless it is beaten to the punch by The Woodlands-based Raven Petroleum LLC, this will be the first new refinery built in the U.S. in more than 40 years. Here are five things to know in Texas energy this week.

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Written by Joshua Mann for bizjournals.com

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