Posted on · Texas-based ConocoPhillips bought Shell’s Permian Basin assets for $9.5 billion, its second major purchase in the oil-rich area over the last year.
Posted on · As Houstonians faced freezing temperatures and widespread power outages last week, the frigid weather also limited oil and gas production in the state. As output starts to stabilize this week, West Texas Crude is trading around $63 dollars a barrel.
Posted on · Poor internet connectivity has been a long-standing issue in many rural communities, and it’s now back in the spotlight after Gov. Abbott outlined broadband access as a priority in his State of the State Address on Feb. 1.
Posted on · Abbott on Thursday signed an executive order that he said would "direct every state agency to use all lawful powers and tools to challenge any federal action that threatens the" energy sector in Texas.
Posted on · The computer program will help oil and gas companies track how much methane they’re emitting, and what methods are best reducing methane leaks. It comes as many investors, lawmakers, and environmental groups have been pressuring the oil and gas industry to reduce the wasteful practice of flaring.
Posted on · The industry practice known as “flaring” has been decried as wasteful and polluting by public health groups, environmentalists and even some in the industry.
Posted on · It’s part of a new project led by the Environmental Defense Fund to measure and track methane emissions using a combination of planes, vans, towers and helicopters.
Posted on · As the oil market crash impacts the Houston and Texas economies, we'll continue to follow the story and provide updates at Houston Public Media.
Posted on · The news comes as fears over the coronavirus have already impacted the Texas oil and gas industry.
Posted on · Oil prices have suffered due to a prolonged trade war between the U.S. and China, which has raised concerns about a global economic slowdown.
Posted on · Sunday’s vigil, held on the campus of the University of Texas of the Permian Basin, began with a standing ovation for law enforcement and medical providers.
Posted on · Energy analyst Loren Steffy outlines which sectors of the new energy behemoth might see job cuts.
Posted on · There's less concern about supply disruptions with so much Permian oil available, but experts caution markets could be underestimating geopolitical risks.
Posted on · Some experts say sequestered CO2, even if it's used for oil production, can help the planet in the short-term. But critics say it prolongs the use of fossil fuels.
Posted on · The bidding war between Chevron and Occidental surprised those who follow the energy sector. No one had seen a similar grab in decades.