October 15, 2018
The company developing the Dallas to Houston bullet train project, Texas Central, has named railway company Renfe as the train’s operating partner. Renfe is based in Spain and operates railway operations internationally.
September 17, 2018
Texas Central, the company that has been planning to build a bullet train between Houston and Dallas, has announced it has secured a loan of up to $300 million for the project. According to Texas Central, the funds will be used to move ahead on permitting, design and engineering, as well as other preliminary work on the project. Texas Central has stated it intends to launch construction in 2019, although there are still several pending legal challenges to Texas Central’s claim that it has the power to condemn.
September 10, 2018
Kinder Morgan has announced plans to construct a new pipeline connecting the Permian Basin to the Gulf Coast. The 430 mile long, 42” diameter Permian Highway Pipeline is expected to carry natural gas for ExxonMobil and Apache Corp.
September 5, 2018
Energy Transfer, Magellan, MPLX, and Delek have announced they have received sufficient shipping commitments to proceed with their planned 600-mile pipeline that will connect the Permian Basin with the Gulf Coast. The pipeline is expected to be operational by mid-2020.