Houston Matters
Methane emissions, and the week in politics (Jan. 26, 2022)
Posted on · On Wednesday's show: Methane leaking from oil and gas facilities in the Permian Basin, the week in politics, and the annual car and boat shows join forces.
Tag: Permian Basin
Energy & Environment
Shell Sells Off Its Oil And Gas Business In Texas’ Permian Basin, Seeking To Reduce Its Reliance On Fossil Fuels
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.
Energy & Environment
Weekly Oil And Gas Update: Winter Storm Helps Boost Texas Oil To More Than $60 Per Barrel
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.
Texas
Gov. Abbott Is Prioritizing Wider Broadband Access. Rural Texas Cities Are Optimistic
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.
Energy & Environment
Gov. Greg Abbott Vows To Fight Joe Biden’s Energy And Climate Agenda
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.
Energy & Environment
Oil Giants In Permian Will Use New Technology To Track Methane Emissions
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.
Energy & Environment
One In 10 Permian Basin Flares Are Spewing Methane Into The Air, Environmental Defense Fund Says
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.
Energy & Environment
New Methane Monitoring Initiative Finds Emissions In The Permian Basin Nearly Triple Federal Estimates
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.
Energy & Environment
Houston And The Oil Market Crash: Schlumberger Sells Fracking Business
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.
Energy & Environment
Saudi-Russia Oil Fight Sends Markets Spiraling. What Does That Mean In Texas And Beyond?
Posted on · The news comes as fears over the coronavirus have already impacted the Texas oil and gas industry.
Business
Exxon Mobil Profit Falls 49% As Oil And Gas Prices Decline
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.
News
At Odessa Vigil, Permian Basin Community Comes Together To Mourn And Honor Lives Lost In Shooting
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.
Houston Matters
Now That Occidental And Anadarko Have Merged, Are Layoffs Next?
Posted on · Energy analyst Loren Steffy outlines which sectors of the new energy behemoth might see job cuts.
Energy & Environment
West Texas Boom Softens Oil Market Impacts Of Iran Tensions, Analysts Say
Posted on · There's less concern about supply disruptions with so much Permian oil available, but experts caution markets could be underestimating geopolitical risks.
inDepth
“Carbon Neutral Oil” Is Promising, But Far From Guaranteed
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.