Posted on · The economic impact of the coronavirus is being felt across the industry, the price of oil is down, and conferences that provide crucial networking opportunities are being postponed or canceled.
Posted on · Companies are scaling back production in the Permian Basin as oil prices remain low.
Posted on · "It's a common-sense move. Everyone who's done any personal investment knows you do your best to buy low and sell high," Energy Secretary Dan Brouillette said.
Posted on · The Houston-based company says affected employees will work one week on, followed by one week off. The company says employees will maintain their benefits throughout the period but will not be paid during their off weeks.
Posted on · Kirk McDaniel wanted to find out what kind of chemicals were being stored near his Deer Park home. What came next was a circuitous, month-long process that wielded few results.
Posted on · President and CEO of the American Petroleum Institute Mike Sommers acknowledges this is a hard time for Texas oil producers, but says the industry has proven resilient in past price shocks.
Posted on · Fears over the spread of the Coronavirus paired with a price dispute between Saudi Arabia and Russia have caused oil prices to rapidly drop. The speed at which they'll rebound, however, remains uncertain.
Posted on · The news comes as fears over the coronavirus have already impacted the Texas oil and gas industry.
Posted on · Sitton was elected in 2014 to the three-member board, which oversees Texas' oil and gas industry. Jim Wright, who beat him in an upset, owns an oilfield waste services company.
Posted on · The Texas Commission on Environmental Quality is asking for the cleanup plan along with a revised permit application from Union Pacific by August.
Posted on · The event's organizer, IHS Markit, said it was cancelling similar events in California and Louisiana, which could mean a loss of $50 million in non-recurring revenue combined.
Posted on · Witnesses will take the stand this week in the criminal trial that centers around fires that broke out a Crosby chemical plant during Hurricane Harvey.
Posted on · The boil water notice in Houston was lifted Saturday morning, but residents were urged to use caution when consuming water.
Posted on · The Environmental Integrity Project looked at air emission data reported to the EPA.
Posted on · Opponents said the rules give poorer communities without much political or economic clout a platform to negotiate with government regulators and big industries.