Energy & Environment
Houston And The Oil Market Crash: Exxon To Cut Spending By 30%, Halliburton Laying Off 350 People
Posted on · As the oil market crash impacts the Houston and Texas economies, we'll provide updates at Houston Public Media.
Energy & Environment
Energy & Environment
Oil Companies Under Pressure As Price Remains Low, Attorney Says
Posted on · Lawyer Bill Wallander speaks with energy reporter Kyra Buckley about potential bankruptcies and restructuring in the Texas oil and gas industry.
Houston Matters
Special Edition: Dr. William Haseltine; Dietrich von Biedenfeld (April 1, 2020)
Posted on · An expert on global pandemics and a professor of business address the effects of COVID-19 on worldwide health systems and economics.
Energy & Environment
Will Capping Oil Production Help Texas Companies? Experts Say No.
Posted on · Oil and gas companies in Texas continue to be hit hard financially because of COVID-19 and international price disagreements. Two major producers want state regulators put a limit on how much companies can produce, but some experts say that’s a bad idea.
Energy & Environment
Challenges Ahead As Small Energy Companies Feel Impact Of COVID-19 Crisis
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.
Energy & Environment
Oil Companies Cut Permian Basin Presence Amid Virus, Prices
Posted on · Companies are scaling back production in the Permian Basin as oil prices remain low.
Energy & Environment
US Seeks $3 Billion To Boost Oil Producers As Prices Plunge
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.
Energy & Environment
Halliburton To Furlough 3,500 Houston Workers As Oil Prices Sink
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.
Energy & Environment
I Spent A Month Trying To Find Out What Chemicals Are Stored Near My Home. I Still Don’t Know.
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.
News
Not Time For Government Intervention In Oil Market, API Leader Says
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.
Energy & Environment
How Soon Until Texas Oil Prices Go Back Up? Experts Are Unsure.
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.
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.
Politics
Railroad Commissioner Ryan Sitton Concedes Republican Primary In Surprising Upset
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.
Houston
Union Pacific To Provide Kashmere Gardens Cleanup Plan By Summer
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.
Business
Houston Could Lose Out On Millions Due To CERAWeek Cancellation
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.