Houston Eyes Exotic Bonds To Pay For A $15 Billion Dike

by Jack Kaskey (Bloomberg) -- A massive dike to hold back storm-driven floods surging in from the Gulf of Mexico was first proposed after Hurricane Ike devastated the Houston-area coast a decade ago. Last year’s Hurricane Harvey disaster brought fresh enthusiasm for the languishing project – along with a wave of investor interest. Now city and state officials in … [Read more...]

In Bustling Houston, It’s a Case of ‘Build, Baby, Build!’

By Anna Driver and Ilaina Jonas HOUSTON/NEW YORK (Reuters) - With Texas one of the few bright spots in the U.S. economy, the skyline of swaggering Houston is where the action is as builders and global oil companies, from Phillips 66 to Exxon Mobil Corp, look past previous busts and spend billions on gleaming new buildings. The U.S. shale oil and gas revolution - which has … [Read more...]

Cummins Annouces New Houston Oil And Gas Center

HOUSTON – Cummins Inc. (NYSE: CMI) announced the Cummins Oil and Gas Center of Excellence, a business launched to serve the needs of its growing oil and gas customer base. The Houston land-based center is located in a primary hub of engineering and technology for the oil and gas industry, and represents a significant investment by Cummins Inc. The Cummins Offshore Oil and … [Read more...]

500 Knots on the Houston Ship Channel – Time Lapse Photography

The power and beauty of time lapse photography is rarely as dramatic as when it is shot from a ship. This clip of the Houston Ship Channel, 500 Knots on the Houston Ship Channel is a real pleasure to watch. Portofhouston.com tells us that, The Houston Ship Channel has been a catalyst for growth in Harris County since the first journey of a steamship up Buffalo Bayou in 1837. … [Read more...]