Category: Texas

Back from South Texas, regulator re-warns of pipeline threat

Texas Railroad Commissioner David Porter returned Thursday from a visit to oil installations with a grim safety assessment. But the industry, he stressed, was not to blame.  More »

Texas oil regulator wields rhetorical sword against industry enemies

Texas Railroad Commissioner David Porter sees a threat to the state’s booming oil industry from invading Islamists, Russian propaganda and Barack Obama.  More »

More Texans working for oil and gas companies

The 302,700 workers estimated to work for services and exploration and production companies marked the first time employment in the industry has exceeded 300,000 since his Texas Petro Index began tracking the numbers in 1995, said its developer, economist Karr Ingham.  More »

Crude oil rail shipments set record pace

Rail shipments of crude oil rose to 119,634 carloads in the most recent fiscal quarter, an increase of more than 10 percent over the 106,605 shipments in the comparable period last year, according to figures released Thursday by the American Association of Railroads.  More »

Crude oil rides Texas’ rails with little tracking

For generations of producers drillers in Texas, where a vast pipeline system has grown with the fits and starts of the oil industry’s notorious business cycle, railroads provided little more than a relatively expensive last resort. But in the boom associated with the hydraulic fracturing, producers increasingly enlist trains to handle the glut.  More »

Colorado finds itself an earthquake lab amid gas boom

In an area peppered with wells pulling energy resources from below ground — and many pumping wastewater from the process back into it through injection wells — an old question resurfaced: Could the same geological tinkering that has revved a formidable economic engine also trigger potentially damaging earthquakes?  More »

Hearing to discuss Mexico’s energy impact on Texas

An energy boom is brewing across the border, and a joint legislative hearing in September will talk about the potential impact on the Rio Grande Valley.  More »

Occidental breaks ground on Midland complex

MIDLAND — Occidental Petroleum officials and employees gathered earlier this week with local- and state-elected officials — including Gov. Rick Perry — to break ground for the company’s Midland office. Mayor Jerry Morales began the event, welcoming participants and citing not only Occidental’s job creation but its contributions to the community — from schools to […]  More »

Texas lawmakers focus on oil boom

Above all, the oil boom has emerged as a singular force driving the state’s great challenge of the 21st century, the post-urbanization population surge.  More »

Texas schools get $3.75 million to commercialize their research

A $3.75 million National Science Foundation grant will help researchers at Rice, Texas A&M and the University of Texas investigate commercial applications for their work.  More »

Exxon Mobil touts chemical plant expansion

Exxon Mobil Corp. officially launched its already underway Baytown Chemical plant expansion at an event Friday afternoon. Across the street from the event, workers were driving piles and shoring up the foundation for construction.  More »

Brent crude has traded within $5 for 13 months, report says

Despite a recent drop, the Brent spot price for crude oil has had a remarkably stable price for just over a year, according to a government report.  More »
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