Antonio

San Antonio-based Tidelands Oil & Gas Corp. announced plans Thursday to build a liquefied natural gas (LNG) import terminal offshore Mexico in the Gulf of Mexico. The project would be capable of delivering gas to both U.S. and Mexican markets and to a proposed storage facility that Tidelands is planning in the Brasil Field in northeastern Mexico’s Burgos Basin.

San Antonio-based Tidelands Oil & Gas Corp. announced plans Thursday to build a liquefied natural gas (LNG) import terminal offshore Mexico in the Gulf of Mexico. The project would be capable of delivering gas to both U.S. and Mexican markets and to a proposed storage facility that Tidelands is planning in the Brasil Field in northeastern Mexico’s Burgos Basin.

San Antonio-based Tidelands Oil & Gas Corp. announced plans Thursday to build a liquefied natural gas (LNG) import terminal offshore Mexico in the Gulf of Mexico. The project would be capable of delivering gas to both U.S. and Mexican markets and to a proposed storage facility that Tidelands is planning in the Brasil Field in northeastern Mexico’s Burgos Basin.

Lewis Energy Group, headquartered in San Antonio, on Wednesday bid to produce natural gas in Mexico’s Burgos Basin for Petroleos Mexicanos (Pemex). Lewis, the only bidder, estimated it would invest about $340 million over 20 years to produce 40 MMcf/d.

San Antonio-based Abraxas Petroleum Corp. has extended its share exchange offer for Grey Wolf Exploration Inc. until Sept. 28. A total of 5.9 million shares of Grey Wolf, representing 88% of what Abraxas and its Canadian Abraxas did not own, have now been tendered and taken up, giving Abraxas 94% of the common outstanding shares of Grey Wolf.

As it ended its annual conference in San Antonio last week, theInterstate Oil and Gas Compact Commission emerged with an agendacalling for new tax and public policy incentives to increasenatural gas production in the United States. The 30-stateorganization re-issued its call for a national energy policy andurged Congress to give tax breaks to exploration and developmentcompanies.

As it ended its annual conference in San Antonio this week, theInterstate Oil and Gas Compact Commission emerged with an agendacalling for new tax and public policy incentives to increasenatural gas production in the United States. The 30-stateorganization re-issued its call for a national energy policy andurged Congress to give tax breaks to exploration and developmentcompanies.

Orlando, FL-based Siemens Westinghouse Power and San Antonio,TX-based Chromalloy Gas Turbine Corp., a subsidiary of Sequa Corp.,are forming a joint venture effective June 1 to support the growthof the Siemens gas turbine fleet. Siemens owns 51% of the venture,and Chromalloy owns 49%. The new enterprise, a U.S. company calledTurbine Airfoil Coating & Repair LLC (TACR), will provide forthe repair of Siemens industrial gas turbine blades and vanes, thecoating of repaired components, and the coating of new Siemensindustrial gas turbine blades and vanes for manufacturing andservice needs around the world. Headquartered in Middletown, NY,the venture will operate from existing Chromalloy installations inMiddletown and in Dallas, TX, and from an existing Siemens facilityin Berlin, Germany.

Reliant Energy Retail Group and Luby’s Restaurants LP of SanAntonio, TX, made a multi-year energy services agreement fornon-regulated Reliant Energy Solutions Inc. to develop andimplement a comprehensive energy management services program forall Luby’s locations in the United States.