Reliant is partnering with the Fort Worth Stock Show & Rodeo for the second year in a row to host “Boots for Fort Worth,” an art contest benefiting Fort Worth nonprofits with larger-than-life decorated cowboy boots.
McALESTER, Okla. (AP) — The wrongful death trial against a oilfield equipment contractor in connection with a January 2018 explosion and fire that killed five men in southeastern Oklahoma is underway.
Tension between the United States and Iran sent oil markets on a rollercoaster ride over the last week. Crude oil jumped more than 3% the day President Donald Trump ordered a drone strike against Revolutionary Guard Gen. Qassem Soleimani, the country’s top military leader. Oil spiked again a…
Longtime Fort Worth energy executive Jonny Brumley has formed two new companies, Presta Petroleum LLC and Presta Royalty LLC, focusing on properties in Texas, Oklahoma, and New Mexico.
LOVING, N.M. (AP) — A company is seeking to build a multi-mile conveyor belt system that could bring sand for hydraulic fracturing from West Texas into southeast New Mexico.
FRISCO – Graco Fishing & Rental Tools Inc. (dba Graco Oilfield Services), a leading provider of oilfield services for more than 40 years, announced it has acquired all fishing, rental tool and related assets of Gravity Oilfield Services' Fishing & Rental Division.
PROVIDENCE, Rhode Island (AP) — The global benchmark for crude oil rose above $70 a barrel Monday for the first time in over three months amid rising tensions between Iran and the United States.
Texas’ energy sector contracted again in the fourth quarter as shale producers cut jobs and spending, according to a new report from the Federal Reserve Bank of Dallas.
The U.S. consumed more energy than ever in 2018, burning through more fossil fuels than in any prior year. Altogether, the country consumed more than 101 quadrillion British thermal units of energy in 2018, up 4% from 2017 and surpassing the previous record set in 2007, according to the U.S.…
Apache Corp. stock surged after it said it’s formed a joint venture with fellow oil and gas exploration company Total to develop an offshore field in Suriname.
ALBUQUERQUE, N.M. (AP) — Campaign pledges made by Democratic presidential candidates to ban hydraulic fracturing by the oil and natural gas sector would have dire economic consequences for New Mexico and the rest of the United States if implemented, said the head of the U.S. Chamber of Comme…
SAN RAMON, Calif. (AP) — Chevron Corp. said Dec. 10 it will book a charge of at least $10 billion because lower long-term prices for oil and natural gas will reduce the value of its assets.
CARLSBAD, N.M. (AP) — Authorities in a New Mexico region that is rich in oil and gas say they have participated in a recent blitz targeting thefts and burglaries in the oilfields.
Basic Energy Services Inc. (OTCQX: BASX) on Dec. 20 announced the appointment of Keith L. Schilling as president, CEO and director, effective Jan. 2, 2020.
OKLAHOMA CITY (AP) — Billionaire oil tycoon Harold Hamm is stepping down as chief executive of Continental Resources Inc. to serve as executive chairman, company officials said.
Fort Worth-based Basic Energy Services Inc. (OTCQX: BASX) on Dec. 12 announced a plan to divest of its pumping services assets (not inclusive of coiled tubing) in multiple transactions with expected proceeds of approximately $30 million to $45 million.
SAN RAMON, Calif. (AP) — Chevron Corp. said Tuesday it will book a charge of at least $10 billion because lower long-term prices for oil and natural gas will reduce the value of its assets.
NEW YORK (AP) — Exxon Mobil won Tuesday in a closely watched lawsuit over the costs of climate change, with a judge saying there was no proof the energy giant duped investors about the toll that regulations could take on its business.
OKLAHOMA CITY (AP) — Gov. Kevin Stitt has appointed the longtime head of the Samuel Roberts Noble Foundation as the newest member of the University of Oklahoma Board of Regents.
SANTA FE, N.M. (AP) — State government income is expected to outpace spending obligations by nearly $800 million for the coming fiscal year as New Mexico lawmakers contemplate bigger budgets for public schools, health care and anti-crime initiatives.
VIENNA (AP) — The countries that make up the OPEC oil-producing cartel are meeting Thursday to decide whether to cut down on their production and push up prices of fuel and energy around the world.
The Texas State Securities Board has set a hearing for Jan. 22 regarding an emergency order alleging fraud by Michael E. Patman and Woodland Resources LLC in selling working interests in oil well-drilling projects.
CARLSBAD, N.M. (AP) — New Mexico is the newest member of an international initiative focused on expanding the export potential of American natural gas while balancing environmental goals.
EL RENO, Okla. (AP) — Halliburton is laying off more than 800 employees in El Reno, Oklahoma, and says it expects to close its office in the Oklahoma City suburb.
Running a distillery requires a lot of costly electric power. Among the various machines at Acre Distilling Co. on Calhoun Street are four fermenters, distillates and a giant chiller – all requiring continuous upkeep and energy to run.
A Fort Worth company will soon launch the mineral industry's first end-to-end transaction platform that might reshape how business gets done.
The world is consuming more oil and liquid natural gas, and producers are drawing more fossil fuels from the ground, a trend that’s expected to continue through next year.
It’s beginning to look a lot like Christmas in Sundance Square as the 50-foot concolor fir tree arrived and was set up Monday, November 18. The official tree lighting ceremony, powered by Green Mountain Energy, is at 6 p.m. Saturday, November 23.
Fort Worth-based Approach Resources Inc. (OTC: AREX) announced Nov. 19 that it, along with all of its subsidiaries, has commenced a voluntary Chapter 11 case in the United States Bankruptcy Court for the Southern District of Texas (Houston Division) to explore strategic alternatives.
DUBAI, United Arab Emirates (AP) — Saudi Arabia’s state-owned oil giant Aramco announced Sunday it will sell a 1.5% stake in the company as it looks to raise as much as $25.6 billion from the sale, potentially becoming the most-valuable initial public offering in history.
Rockhopper Industrial, a new Houston-based company says it is implementing an innovative direct-to-market supply chain model to eliminate the costs traditionally associated with engineering, producing, testing, transporting, and delivering pipe, valves and fittings (PVF) and other oilfield e…
A Fort Worth-based technology firm is offering the mineral industry's first end-to-end transaction platform.
TEHRAN, Iran (AP) — Iran has discovered a new oil field in the country's south with over 50 billion barrels of crude, its president said Sunday, a find that could boost the country's proven reserves by a third as it struggles to sell energy abroad over U.S. sanctions.
OKLAHOMA CITY (AP) — Chesapeake Energy Corp. (CHK) on Tuesday reported a third-quarter loss of $61 million, after reporting a profit in the same period a year earlier.
WASHINGTON (AP) — The Trump administration accelerated the pace of its environmental rollbacks for the country's coal-fired power plants Monday, proposing to weaken two Obama-era rules aimed at cleaning up dangerous heavy metals and ash from coal plants into groundwater and waterways.
NEW YORK (AP) — Exxon Mobil's profits fell dramatically in the third quarter as the company was hurt by lower prices for crude oil and natural gas.
John C. Goff, chairman of Fort Worth-based Crescent Real Estate LLC, has been appointed non-executive chairman at Contango Oil & Gas Company (NYSE American: MCF). Goff is a current director and the company’s largest shareholder.
DUBAI, United Arab Emirates (AP) — Outgoing U.S. Energy Secretary Rick Perry said Saturday that he asked President Donald Trump to make the phone call at the center of the impeachment inquiry because it was "important" for the country's energy needs and had nothing to do with former Vice Pre…
Nelson Rodriguez, the founder and owner of The Nelrod Company of Fort Worth and a leader in the development of Hispanic chambers of commerce in Texas and the nation, died Oct. 22 of cancer. He was 67.
NEW YORK (AP) — Exxon Mobil says it has prepared itself for the impact climate change regulations will have on its finances, denying allegations from New York's attorney general that the energy giant has deceived the public about how stricter emissions rules will affect its business.
FREDERICKSBURG, Texas (AP) — One of the longest proposed new natural gas pipelines in the U.S. is set to run through Heath Frantzen's property in the Texas Hill Country, where more than 600 white-tailed and trophy axis deer graze on a hunting ranch his family has owned for three generations.