Posted on · As Texas oil continues to trade under $25 per barrel, one bankruptcy expert says more companies could find themselves in jeopardy of going under.
Posted on · In an expected outcome heading into Tuesday’s Railroad Commission meeting, commissioners voted 2-1 to dismiss the initial motion from exploration and production companies Pioneer Natural Resources and Parsley Energy.
Posted on · The Houston Zoo’s shutdown due to coronavirus is impacting both the animals and its bottom line.
Posted on · According to filings with the state, in the last five weeks, at least 6,000 energy workers in Texas have been told they’re either laid off or furloughed. More than 4,000 of them are in Houston.
Posted on · Regional forecaster Bill Gilmer said at the beginning of the year Houston would gain 49,000 jobs this year. Now, because of the oil price crash and COVID-19, the city could lose that many—or more.
Posted on · What was going to be a mass strike in front of Houston’s City Hall has turned into a three-day livestream event.
Posted on · West Texas Intermediate hit the single digits for the first time in many decades, then kept plummeting, with oil selling for less than $2 a barrel. At the start of 2020, a barrel cost around $60.
Posted on · The nations together agreed to cut 9.7 million barrels a day throughout May and June.
Posted on · Even as Houston’s air quality shows signs of improvement, environmentalists are worried about pollution from industry, following recent EPA rollbacks. At the same time, emerging research suggests a link between pollution and COVID-19 death rates.
Posted on · The price of oil in Texas is getting hit from two sides: the pandemic is decreasing demand, plus an international dispute that's increasing supply. However, people working in the energy industry have seen big downturns before. Do they think this one is different?
Posted on · The OPEC oil cartel and nations including Russia have agreed to boost oil prices by cutting as much as 10 million barrels a day in production. Even more countries, including the United States, were discussing Friday their own cuts in what would be an unprecedented global pact to stabilize the market.
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 · Lawyer Bill Wallander speaks with energy reporter Kyra Buckley about potential bankruptcies and restructuring in the Texas oil and gas industry.
Posted on · An expert on global pandemics and a professor of business address the effects of COVID-19 on worldwide health systems and economics.