Federal safety regulators are investigating the blowout of an Anadarko Petroleum Corp. well in West Texas that killed two workers and sent three to the hospital, the company said.
A West Texas businessman who pleaded guilty to federal fraud and money laundering charges stemming from a $42 million biodiesel scam is scheduled to be sentenced Friday. More »
When Fox Tank Co. opened in Kerrville, Texas a few years ago, the company planned to hire around 15 employees. Now the oil field tank company has 62 employees, picking up the bulk of its customers in the Permian Basin. More »
Google has invested $200 million in a West Texas wind farm, which will become a part of the company’s $1 billion renewable energy portfolio, the Internet search giant said Wednesday. More »
The spread between Brent and West Texas Intermediate crudes will narrow in the coming months as North Sea output normalizes after delays to Forties shipments in October boosted the gap to the most in a year, according to BNP Paribas SA. More »