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In this July 3, 2014 photo, the Brooks Hotel and a Fuddruckers restaurant are seen in Williston, N.D. North Dakota's oil boom has not escaped the eyes of foreign investors. Two foreign investment firms are trying to bring two large-scale mixed-use developments worth a total of $800 million to the state's oil patch. (AP Photo/Josh Wood)

Foreign investors turn eyes to ND oil patch

Foreign investors more familiar with projects in the emerging markets of Eastern Europe and tropical escapes of Southeast Asia are finding a new destination for their dollars and francs: Western North Dakota’s oil patch that’s home to booming towns, low unemployment rates and high incomes
Current, as GE calls the new business, will increase annual sales to about $5 billion in five years from its start at $1 billion. (AP Photo/Tony Dejak, file)

Chevron, GE form pact for oil and gas research

Two of the world’s biggest companies plan to come together to develop and commercialize oil and gas technology at a newly minted research center in Oklahoma City.
Construction of the Springwoods Village development covers about half of the 2,000 acres that will be the Woodlands-area master planning community anchored by Exxon Mobil. (CDC Houston)

Homes building up around new Exxon Mobil campus (photos)

Some 4,500 construction workers show up each day to help build the highly anticipated Springwoods Village, a 2,000-acre work-live-and-shop enclave just south of The Woodlands to be anchored by the new Exxon Mobil campus.

Energy trading firm to anchor new Houston development

International energy trading firm Vitol will anchor a new development planned in the Upper Kirby District, a developer announced Tuesday.
eagle ford

Is the Eagle Ford for real?

Thousands of workers and major oil companies are flooding into South Texas. But some are reluctant to invest in houses and other permanent infrastructure. A “When will it bust?” mentality hangs over the region.
BP's Andrew production platform in the U.K.'s North Sea (BP Photo)

BP, partners announce North Sea development

BP PLC and its partners say they will invest up to $1.1 billion to develop the Kinnoull reservoir in the North Sea.