No change in oil policy is expected. More »
Crude has long coursed from Canada to Oklahoma through the existing Keystone pipeline. Southeast Texas connected to that line in January last year when the Keystone XL southern leg ending in Nederland was complete, and Gulf Coast plants are already refining crude from Canadian fields.
The Federal Reserve Bank of Dallas said Tuesday that Texas would continue to add jobs in 2015, but that the total number of new jobs could decrease by up to 173,000. More »
Though oil producers have started slowing down drilling plans for 2015, U.S. production is not losing steam, and the imbalance between global oil supply and demand persists. More »
Only Royal Dutch Shell and Total have publicly committed to not carry out or support extractive activities in World Heritage sites. More »
Dr. Howard Zucker unveiled his findings as part of Gov. Andrew Cuomo’s cabinet meeting early Wednesday afternoon. More »
Because of improved drilling and completion efficiencies that lower production costs, some oil companies will produce more next year even as they cut spending amid falling crude prices. More »
Refiners say a century-old rule protecting American shipping will benefit overseas refining competitors if the U.S. starts exporting crude. More »
If convicted of the three charges, a Monahans man faces up to 20 years in federal prison More »
Workers are anxious about their jobs after Monday’s announcement that Halliburton is buying oil field services rival Baker Hughes. More »
More than half of the trust’s beneficiaries had sued JPMorgan for more than $415 million in damages, alleging that the nation’s largest bank had cut sweetheart deals with some of its commercial clients for the mineral rights. More »
JPMorgan Chase Bank, as one-time trustee of the South Texas Syndicate Trust, is accused by some of the trust’s beneficiaries of mismanaging the mineral rights to 132,000 contiguous acres in LaSalle and McMullen counties. More »
As Election Day nears in this small city 30 miles north of Dallas, a wary unease has settled over the early voting on a local referendum of national significance. If passed, the proposition would be the first to completely ban the petroleum extraction technique known as hydraulic fracturing in one small corner of the great oil and gas boom state of Texas. More »
The Rio Grande Valley, which has missed out on most the oil and gas boom in the nearby Eagle Ford Shale, may get its own boost from increased economic activity tied to Mexico’s energy overhaul. More »
Kirby Corp., a Houston-based barge shipping company, is growing its business on shore. Since hydraulic fracturing took off, Kirby has found a growing market for its diesel engine services division.
The engines power hydraulic fracturing pumps, and demand has been rising in recent years. More »