DALLAS (AP) — The price of gasoline crept higher after a weekend attack devastated Saudi Arabian oil output, but if the disruption to global supplies is short-lived, the impact on the U.S. economy will probably be modest.
WASHINGTON (AP) — The U.S. tried to build its case Monday that Iran was behind the fiery weekend attack on key Saudi Arabian oil facilities that raised new war worries and sent energy prices spiraling worldwide. Iran denied responsibility, while President Donald Trump said the United States …
DUBAI, United Arab Emirates (AP) — A weekend drone attack on Saudi Arabia that cut into global energy supplies and halved the kingdom's oil production threatened Sunday to fuel a regional crisis, as the U.S. released new evidence to back up its allegation that Iran was responsible for the as…
DUBAI, United Arab Emirates (AP) — Global energy prices spiked on Monday after a weekend attack on key oil facilities in Saudi Arabia caused the worst disruption to world supplies on record, an assault for which President Donald Trump warned that the U.S. was "locked and loaded" to respond.
Here is some reaction to the death of legendary oil tycoon T. Boone Pickens, who died Wednesday at his Dallas home at age 91:
OKLAHOMA CITY (AP) — T. Boone Pickens, a brash and quotable oil tycoon who grew even wealthier through corporate takeover attempts, died Wednesday. He was 91.
DENVER (AP) — Several Democratic presidential candidates are running on a promise to ban fracking — and stepping on unstable political ground as they do so.
DUBAI, United Arab Emirates (AP) — Saudi Arabia's King Salman replaced the country's energy minister with one of his own sons Sunday, naming Prince Abdulaziz bin Salman to one of the most important positions in the country as oil prices remain below what is needed to keep up with government …
Trail Drive Management Corp. (TDMC), the not-for-profit operating entity of Dickies Arena, announced Reliant will become the official energy provider of Dickies Arena and a founding sponsor. The agreement also makes Reliant a major sponsor of the Fort Worth Stock Show & Rodeo.
ALBUQUERQUE, N.M. (AP) — New Mexico's oil and gas industry is expected to keep growing at a record pace, resulting in more revenue for the state and billions of dollars in new infrastructure investments to get the commodities to market, according to a study commissioned by industry trade groups.
Presidio Investors announced a $75 million private equity investment Aug. 27 that merges 15 independent smart-home design-build firms across the United States, creating Bravas LLC, an integrator of electronic lifestyle technologies into custom-built intelligent spaces.
Shermco Industries, Inc., a leading independent provider of electrical testing, maintenance, and repair services in North America, announced that it has acquired Electrical Manufacturing and Distributors Inc. Wichita Falls-based EMD is a leading provider of process controls services includin…
ALBUQUERQUE, N.M. (AP) — New Mexico's new landmark energy law is facing its first legal challenge as a coalition of environmental and consumer advocacy groups filed a petition Monday with the state Supreme Court over concerns that certain provisions are unconstitutional.
Houston-based Quorum Software, a Thoma Bravo portfolio company and a leader in digital transformation for the oil and gas industry, announced today that it has acquired Fort Worth-based OGsys, the leading provider of cloud-based oil and gas accounting software for small and medium-sized busi…
Irving-based Vistra Energy (NYSE: VST) announced Aug. 20 it has entered into an agreement to acquire Ambit Energy for $475 million plus net working capital in an all-cash transaction. Following the closing of the transaction, Vistra's share of the ERCOT residential market will grow from appr…
SANTA FE, N.M. (AP) — New Mexico is now on track to collect an unprecedented $7.8 billion in the budget year thanks to skyrocketing oil production, according to a new legislative revenue tracking report.
For well over a century, the vast reserves of oil and natural gas in Texas have contributed to business activity and job creation. We recently took a close look at the overall impact of the sector on business activity across the state and found that it directly or indirectly supports about o…
Data from the Texas Workforce Commission shows job growth in the upstream oil and natural gas sector in April and May 2019 after a period of fluctuation in employment figures since the fall of 2018. The upstream sector gained 1,900 and 1,000 jobs in April and May, respectively.
ATHENS, Texas (AP) — Some people say a uniquely different invention of George Arthur Spencer on his property in the Cross Roads community near Athens looks like an alien antenna.
MONACA, Pa. (AP) — President Donald Trump sought to take credit Tuesday for the construction of a major manufacturing facility in western Pennsylvania as he tries to reinvigorate supporters in the Rust Belt towns that sent him to the White House in 2016.
OKLAHOMA CITY (AP) _ Devon Energy Corp. (DVN) on Tuesday reported second-quarter net income of $495 million, after reporting a loss in the same period a year earlier.
OKLAHOMA CITY (AP) — Chesapeake Energy Corp. (CHK) on Tuesday reported second-quarter net income of $98 million, after reporting a loss in the same period a year earlier.
HOUSTON (AP) — A Texas county has sued Exxon Mobil one day after an explosion and fire at a company plant near Houston left at least 37 people with minor injuries.
JUNCTION CITY, Ky. (AP) — A regional gas pipeline ruptured early Thursday in Kentucky, causing a massive explosion that killed one person, hospitalized five others, destroyed railroad tracks and forced the evacuation of a nearby mobile home park, authorities said.
HOUSTON (AP) — An explosion and fire at an Exxon Mobil oil refinery in Texas on Wednesday left 37 people with minor injuries, in the latest of a series of petrochemical industry blazes this year in the Houston area.
CARLSBAD, N.M. (AP) — Drilling of the longest horizontal oil and gas well in the history of the Permian Basin has been completed as booming oil production in the region continues to center around shale in southeast New Mexico and West Texas.
NEW ORLEANS (AP) — The federal government will offer 77.8 million acres (31.5 million hectares) in the Gulf of Mexico for oil and gas exploration and development on Aug. 21.
WASHINGTON (AP) — Chevron was nearly booted from Venezuela in 2007 during a nationalization drive led by the late socialist President Hugo Chavez. Twelve years later, it faces a similar threat from an unlikely corner: the White House.
Booster Fuels, the same-day fuel delivery service, announces June 25 it has raised $56 million Series C funding led by Invus Opportunities, with strong participation from existing partners Madrona Venture Group, Vulcan Capital, Maveron, Conversion Capital, and Perot Jain LP. Perot Jain is th…
EAU CLAIRE, Wis. (AP) — Wisconsin's frac sand industry is grappling with several idled mines as the sector faces increased competition in Texas and Oklahoma.
WASHINGTON (AP) — President Donald Trump declared Thursday that "Iran made a very big mistake" in shooting down a U.S. surveillance drone near the Persian Gulf but suggested it was a foolish error rather than an intentional escalation of the tensions that have led to fears of open conflict.
BOISE, Idaho (AP) — A federal lawsuit filed by Idaho mineral rights owners over royalty payments should be dismissed, a Texas-based oil and natural gas company said in court documents.
Entering its 21rst year of honoring businesses for their commitment to environmental awareness, the City of Fort Worth has broadened its Environmental Excellence Awards to also honor innovation in waste reduction, recycling and water efficiency.
VATICAN CITY (AP) — Some of the world's major oil producers committed Friday to supporting "economically meaningful" carbon pricing regimes after a Vatican climate summit and a personal appeal from Pope Francis to avoid "perpetrating a brutal act of injustice" against the poor and future gen…
-TPG Sixth Street Partners,a global finance and investment business with over $30 billion in assets under management and has a strategic partnership with Fort Worth and San Francisco-based TPG, and Glendale Energy Ventures, LLC, a private energy company headquartered in Houston, today announ…
Frisco-based Comstock Resources Inc. said on June 10 it will purchase privately held, Houston-based Covey Park in a cash and stock transaction valued at approximately $2.2 billion. The deal includes the assumption of Covey Park's outstanding debt and the retirement of Covey Park's existing p…
HELENA, Mont. (AP) — A judge has approved an agreement calling for Exxon Mobil Corp. to pay $1.05 million to settle U.S. Environmental Protection Agency claims of pollution violations over a 2011 oil pipeline break in Montana's Yellowstone River.
BISMARCK, N.D. (AP) — A Houston company has reached a plea deal in the October 2014 death of an Alabama man who died in an explosion while working in the North Dakota oil patch.
OMAHA, Neb. (AP) — The Trump administration is following through on a plan to allow year-round sales of gasoline mixed with 15% ethanol, though some say the move is undercut by a policy that gives oil refineries waivers allowing them to use reduced levels of the additive.