Union Pacific expanding South Texas workforce
Increased rail shipments of oil from the Eagle Ford Shale drilling and more Mexican auto exports are driving job growth and capital spending for Union Pacific Corp. in South Texas, the company’s chief financial officer said Wednesday in San Antonio. More »
Oil-rich area may not get tax windfall
If South Texas’ oil-producing counties thought this was the year they finally would tap deep reserves of state funding for the crumbling roads, lack of housing and increased water demands brought on by their energy boom, they might want to think again. More »
Landowners meet oil industry in Beaumont courtroom over Keystone XL
TransCanada and the Texas Land Partners presented their cases to the judges of the Ninth Court of Appeals in a dispute over the condemnation of Southeast Texas farmland for the Keystone XL pipeline. More »
Life on the shale
No one in Karnes County, Texas have grasped the implications of Conoco-Phillips’ secretive decision to drill a deep, expensive well into the mysterious formation known as the Eagle Ford Shale. More »
Energy to help Texas economy outpace nation’s
The flourishing energy sector along with across-the-board private sector hiring will keep Texas’ economic growth moving faster than the nation’s, an economist with the Federal Reserve Bank of Dallas predicted Wednesday. More »
Nexolon breaks ground on San Antonio solar plant
With ceremonial hard hats on and shovels in hand, city officials and executives from CPS Energy and Nexolon broke ground Wednesday on the company’s solar panel manufacturing plant at Brooks City-Base. More »
Texas City schools, others owe Valero millions
The Texas City school district is among four taxpayer-funded entities in Galveston County that will have to repay Valero almost $5 million after a jury agreed that the oil company’s Texas City refinery was overvalued on the tax rolls. More »
Workplace deaths drop, except in oil industry
Oil and gas field services and drilling workers were killed on the job in Texas more than those in any other profession, according to a Houston Chronicle analysis. More »
Ad war rages in New York over fracking
New Yorkers Against Fracking launched a TV spot this week on the heels of a new campaign by the New York State Petroleum Council. Watch the dueling ads over the state’s hydraulic fracturing ban. More »
‘FrackNation’ providing counterpoint to anti-fracking films
With their rebuttal to anti-fracking film “Gasland”, makers of “FrackNation” are attracting attention across the country. More »
Oil majors’ earnings have wobbly start
Major oil companies’ run through fourth-quarter earnings reports got off to a bumpy start, with Royal Dutch Shell’s profit disappointing investors and ConocoPhillips projecting total production for this year will be lower than 2012. More »
CenterPoint is overcharging gas customers, council says
City Council will launch a rate case against CenterPoint Energy, accusing the utility of overcharging nearly 400,000 Houston customers by more than $15 million a year. More »
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