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.
It's hard to generate interest in a news release about liquefied natural gas exports, but a high-ranking Trump administration official succeeded by calling the stuff "molecules of U.S. freedom."
SALT LAKE CITY (AP) — The Trump administration is committed to making fossil fuels cleaner rather than imposing "draconian" regulations on oil, gas and coal, U.S. Energy Secretary Rick Perry said Thursday.
MEXICO CITY (AP) — Mexican authorities have frozen the bank accounts of Emilio Lozoya, a former head of Mexico's state-owned oil company, and those of steel maker Altos Hornos de Mexico, in what looks to be a major new push to punish alleged corruption.
BISMARCK, N.D. (AP) — North Dakota oil drillers are falling far short of the state's goals to limit the burning of excess natural gas at well heads, five years after the state adopted the rules to reduce the wasteful and environmentally harmful practice.
A Fort Worth company that both sells water to drillers and offers water disposal services is making a near half-billion bid to acquire the Hanging H Ranch in far West Texas.
NEW YORK (AP) — Saudi Arabia's state owned oil company will begin buying liquid natural gas from a U.S. company under a 20 year agreement.
AUSTIN, Texas (AP) — Lawmakers in Texas are considering a bill that would stiffen penalties for damaging or trespassing around oil and gas operations despite opposition from environmental groups who say it would quell peaceful protests and overly criminalize offenses.
HACKBERRY, La. (AP) — President Donald Trump showcased his "America First energy policy" on Tuesday during a trip to Louisiana designed to highlight his administration's efforts to increase liquefied natural gas exports and boost the country's energy infrastructure.
DALLAS (AP) — Occidental Petroleum wrapped up a $38 billion deal to acquire Anadarko on Thursday after Chevron declined to sweeten its offer, ending a rare bidding war in the oil patch.
BILLINGS, Mont. (AP) — U.S. demand for coal to generate electricity will continue its slide in coming months despite efforts by the Trump administration to prop up the struggling industry, federal officials said Thursday.
DALLAS (AP) — The production of oil and natural gas in West Texas is booming but it's coming at a cost to residents who are regularly exposed to unhealthy levels of air pollution, according to a report issued by an environmental group.
DALLAS (AP) — Electricity demand in Texas is expected to hit record levels this summer, and with a thin margin of reserve power, the operator of the state's grid says it may have to ask businesses and consumers to conserve.
OKLAHOMA CITY (AP) _ Chesapeake Energy Corp. (CHK) on May 8 reported a first-quarter loss of $21 million, after reporting a profit in the same period a year earlier.
Fort Worth-based TAS Environmental Services L.P., a leading provider of environmental services, has been acquired by an affiliate of Blue Point Capital Partners IV.
NEW YORK (AP) — Occidental, which is in a bidding war with Chevron to buy oil company Anadarko, revised its offer Sunday and says it found a buyer for Anadarko's African investments if the deal goes through.
In the 20 years since Gov. George W. Bush enacted a Renewable Portfolio Standard for the state of Texas, wind power has enjoyed exponential growth. Today, Texas’ wind industry is by far the nation’s largest, generating 15 percent of the state’s electricity and trending upward in nearly every…
PORT FOURCHON, La. (AP) — The Trump administration moved Thursday to give oil and gas companies more flexibility in meeting safety requirements imposed after the 2010 BP Deepwater Horizon explosion, which killed nearly a dozen people and was the worst offshore oil disaster in U.S. history.
The CEO and chairman of Irving-based Fluor Corporation has stepped down from his position after being with the company for 34 years.
MEXICO CITY (AP) — Mexico's state-owned Petroleos Mexicanos company says it reduced fuel theft 79% in the first quarter, but continues to lose money and produce less crude.
BILLINGS, Mont. (AP) — Federal officials cancelled without explanation all upcoming meetings of an advisory panel that had been created by the Trump administration to make it easier to extract fossil fuels from publicly leased land and offshore sites.
OMAHA, Nebraska (AP) — Warren Buffett's Berkshire Hathaway will finance a bid by Occidental Petroleum for Anadarko, potentially upending Chevron's $33 billion offer for the energy company.
NEW YORK (AP) — Anadarko, which had snubbed Occidental's buyout offer in favor of Chevron, is now resurrecting talks with its original suitor.
EL PORTAL, Calif. (AP) — Democratic presidential candidate Beto O'Rourke has announced his first major policy initiative, a $5 trillion plan to combat climate change that he says will keep the Earth from sliding past the point of no return in less than a generation.
IRVING, Texas (AP) — Exxon Mobil's first-quarter profit fell by half to $2.35 billion, its worst quarter since late 2016, as the company spent more on oil production and was hit by lower margins in its refinery business.
RENO, Nev. (AP) — Former Texas Congressman Beto O'Rourke said Thursday he's willing to consider a moratorium on new leases to drill for oil and gas on federal lands as a way to help combat climate change.
SANTA BARBARA, Calif. (AP) — A pipeline company was fined nearly $3.35 million on Thursday for causing the worst California coastal spill in 25 years.