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Pemex's Yuum K'ak' Naab floating production, storage and offloading vessel works in Mexico's Bay of Campeche. (Susana Gonzalez/Bloomberg)

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 »
(Image: Fotolia)

GDP report helps send crude price up

U.S. gross domestic product grew at a 4.2 percent annualized rate last quarter.  More »

EOG plans 520 Eagle Ford Shale wells this year

Houston-based EOG Resources, the largest land-holder in the Eagle Ford Shale, is on pace to drill 520 wells in South Texas this year. Bill Thomas, chairman and CEO of EOG, said in a recent earnings call with analysts that the company in the first half of the year brought 260 new wells to sales. “On […]  More »
Yellow oil barrels

Gasoline futures fall before Labor Day

West Texas Intermediate crude settled little changed.  More »

Crude climbs on strong economic reports

Oil for October delivery increased 51 cents to $93.86 a barrel.  More »
Yellow oil barrels

Crude falls on prospects for rising supplies

Oil for October delivery declined 30 cents to close at $93.35 a barrel.  More »
In 2012, Neil Young and Willie Nelson performed  during the Farm Aid 2012 concert at Hersheypark Stadium in Hershey, Pa. (AP Photo/Jacqueline Larma, File)

6,500 tickets sold for Keystone XL opposition concert

The concert will be held on a farm near Neligh, Neb., that’s in the proposed path.  More »
Yellow oil barrels

Oil climbs as economic data signals U.S. growth

Oil for October delivery rose 51 cents to settle at $93.96 a barrel.  More »
David  Rainey, a former BP vice president during the Deepwater Horizon oil rig explosion, leaves Federal Court after being arraigned on obstruction of a federal investigation in New Orleans in November 2012.   (AP Photo/Matthew Hinton)

Indicted former BP executive will be allowed to visit UK

David Rainey is now an executive with BHP Billiton Petroleum  More »
Cleanup is underway near the Beckjord Power Plant, in New Richmond, Ohio, after an estimated 5,000 to 8,000 gallons of fuel oil spilled into the Ohio River, closing about a 15-mile section of the waterway southeast of Cincinnati, on Tuesday. (AP Photo/The Cincinnati Enquirer, Amanda Rossmann)

Officials say oil spill sheen dissipating in Ohio River

The U.S. Environmental Protection Agency is coordinating the response to the spill, which occurred at a Duke Energy power plant near Cincinnati.  More »
This photo taken on Sunday, Aug. 17, 2014, and provided by Robert A. Franco, shows a billboard in Coshocton, Ohio opposing deep-injection wells . Michael Boals, an Ohio man who uses a biblical reference and a statement against “poisoned waters” on billboards opposing local deep-injection wells is fighting a legal threat from the Texas well owner on grounds he’s exercising his free speech. (AP Photo/Robert A. Franco)

Brine firm sues over biblical fracturing billboard

The complaint by the company contends the wells are safe, legal and meet all state safety standards.  More »

Rigzone: More than 4,000 new oil and gas jobs in Texas

Oil and gas companies added more than 10,500 new jobs in the U.S. in the second quarter of the year. More than 4,000 of those new jobs were in Texas, according to Rigzone, which analyzed data from the Bureau of Labor Statistics. There are now around 113,900 oil industry jobs in Texas. “If I could sum […]  More »
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