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NuStar Energy LP has invested millions of dollars to transform the only refinery in San Antonio’s city limits, which was once owned by AGE Refining. Photo: Photo By Robin Jerstad/Special T / SA

NuStar Energy’s net income declines

Pipeline partnership NuStar Energy LP on Friday reported second-quarter 2015 net income applicable to limited partners of $42.4 million, or 54 cents a unit, compared with $43.6 million, or 56 cents a unit, for the same period a year ago.
An Apache rig drills for natural gas at Matagorda Island in the Gulf of Mexico. (Photo: Apache Corp. via Bloomberg News)

Apache earnings rise on higher North American liquids production

Increased oil and natural gas liquids production in North America drove Apache Corp. profits 86 percent in the third quarter to $300 million, the company said Thursday.
(AP Photo/J. Scott Applewhite)

Exxon Mobil’s earnings grow amid production declines

Exxon Mobil Corp’s first quarter earnings grew 1 percent, despite declining production and revenues, the world’s largest public company reported Thursday.
Baker Hughes employees work at a drill site. (Houston Chronicle)

Baker Hughes third quarter rises on North America shale boom

Oilfield-services provider Baker Hughes Inc. said Tuesday that third-quarter earnings nearly tripled and revenue hit a record as the company added rigs in Canada and drilling continued to recover in the Gulf of Mexico from last year’s oil spill.
Antelopes pass near a Shell drilling site in Rocky Mountains, Pinedale, Wyoming. (Photo: Shell Oil)

Lawmakers seek details on oil royalties, hardrock mining payments

Western lawmakers are asking federal investigators for a detailed accounting of the oil, gas and minerals recently extracted from public lands and waters, as part of what they described as a bid to make sure taxpayers are getting a “fair return” from the development.