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Eagle Ford tops industry spending; West Texas gains on Bakken

The pecking order for the oil and gas industry’s shale spending is this: the Eagle Ford in South Texas, the Bakken in North Dakota and Montana, and the Wolfcamp and Cline formations in the Permian Basin in West Texas. But the research and advisory firm Wood Mackenzie says that the West Texas oil fields are […]  More »

Industry group calls for Eagle Ford award nominations

The South Texas Energy and Economic Roundtable has opened nominations for the second annual Eagle Ford Excellence Awards. The awards honor efforts by the oil and gas industry to preserve the environment, contribute to the community and keep workers safe in the Eagle Ford Shale region. STEER is a San Antonio-based industry group that includes […]  More »
Jim Gallogly, CEO of Lyondellbasell. (Houston Chronicle)

LyondellBasell profit exceeds estimates as plastics gain

LyondellBasell has been riding the wave of cheap natural gas production in the U.S.  More »
Charif Souki, CEO of Cheniere Energy, was 2013's top-paid public company CEO in Houston and the nation. (James Nielsen / Houston Chronicle )

Cheniere to ‘reassess’ bonus plan for its CEO

Cheniere, based in Houston, gave CEO Charif Souki a $142 million compensation package in 2013,  More »
The sun sets over the Mackinac Bridge and the Mackinac Straits as seen from Lake Huron. (AP Photo/Al Goldis)

Michigan officials want more supports beneath oil pipes

Enbridge Energy Partners LP was put on notice following the company’s acknowledgement it was partly out of compliance with an agreement dating to 1953, when the pipelines were laid in the Straits of Mackinac.  More »

Corpus Christi shipment of Eagle Ford Shale crude keeps surging

The amount of Eagle Ford Shale crude oil and condensate being shipped out of the Port of Corpus Christi jumped 61.5 percent in the last year. A new report from Platts, based on data released by the port, shows that 551,934 barrels per day moved through the port in June. That’s up from 341,824 barrels […]  More »

TIPRO conference set for San Antonio

The Texas Independent Producers and Royalty Owners Association will hold its Summer Conference and Golf Tournament in San Antonio from Aug. 7-9. Speakers include Timothy Dove, president and chief operating officer of Pioneer Natural Resources, who will give the keynote address. Other speakers include Ryan Sitton, a candidate for the Texas Railroad Commission, Kathleen Jackson, […]  More »

Rigzone forecast: More oil and gas hiring

Hiring in the oil and gas industry could continue at a healthy pace – if companies can find workers. Half of the hiring managers in the oil and gas business plan to hire more people in the second half of the year, according to a new hiring survey from Rigzone. That’s slightly down from the […]  More »
A fire burns at Red River Supply in an industrial part of Williston, N.D., in the early hours of Tuesday.   (AP Photo/Josh Wood)

Officials say Williston fire burned chemicals

A North Dakota health official says air quality tests at the site showed levels “that would not raise concern.”  More »
Yellow oil barrels

Oil gains on sharp drop in U.S. supplies

Oil for September delivery gained 73 cents to $103.12 a barrel.  More »
Kurt Mix (center) arrives at the Hale Boggs Federal Building in New Orleans, Tuesday, Dec. 3, 2013.  (AP Photo/Jonathan Bachman)

Ex-BP engineer’s retrial postponed

An appeals court will decide whether a judge was right to throw out an earlier conviction.  More »
Talisman Energy Inc. explores for shale gas in the middle of muddy fields in Poland.  (AP Photo/Czarek Sokolowski)

Repsol said to explore bid for Talisman Energy

Talisman has a market value of about $10.2 billion.  More »
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