EPIC Crude Oil Pipeline Now Online
February 25, 2020
Epic Crude Holdings, LP says its Epic Crude Oil Pipeline connecting East and West Texas crude with the Gulf Coast is now in service….
February 25, 2020
Epic Crude Holdings, LP says its Epic Crude Oil Pipeline connecting East and West Texas crude with the Gulf Coast is now in service….
February 26, 2020
An overnight fire at a California Marathon Petroleum refinery is now under control…..
February 25, 2020
TPC Group said Tuesday it’s ending chemical production operations at its Port Neches plant and laying off up to 100 employees…..
Texas joins 10 other states for primary elections next Tuesday, March 3rd and the out-of-state money is flowing into the Lone Star State, but energy companies and their owners are already politically active, even as Democrats now see the state as a battleground — but can any political spectacle match that of the new cooperative effort between Charles Koch and George Soros?
February 25, 2020
From new money flowing into Texas for congressional races, newfound state status as a “battleground” to a new alliance between two boogeymen of the left and right, the pattern for which political money is flowing continues to change.
In past decades Texas has been considered “an ATM,” where out-of-state candidates come to raise money to run for national office, but now there is new interest by out of state donors and the Democratic National Committee, a belief that the state is beginning to move toward the political left, and now money is flowing from out of state into local races at an increasing pace.
The Dallas Morning News has already declared Texas a battleground state, which, because of demographics and outside money influence, could have a major effect on national politics favoring Democrats…..
Update — Adds new results from Sempra (Energy Future Holdings, Oncor), Exterran, Range Resources and Southwestern, in addition to Apache, Calpine, Cenovus, Denbury Resources, El Paso Electric, Enlink, Oasis, Williams Companies, Cheniere, Tellurian, AEP, Cabot, Energy Transfer, Devon, Pioneer Natural Resources, Diamondback, Rattler, Concho, Flowserve, USA Compression, Petrobras, Oil States International, Hoilly Energy Partners, Magnolia, Targa Resources, ONEOK
March 2, 2020
Here are the latest 4th quarter earnings snapshots:…..
February 24, 2020
A former Rick Perry consultant, suspected by some of writing an anti-Trump book, has been abruptly moved from the White House to the US Department of Energy…..
February 28, 2020
A 40-year veteran of the oil and gas industry is joining Laredo Petroleum‘s board…..
February 20, 2020
Pioneer Natural Resources‘ CEO is asking energy investors to start withholding funding or to sell their shares of companies that have high rates of flaring at their wells during the next year…..
By Alex Mills
February 20, 2020
It is well known that presidential candidate Michael Bloomberg, one of richest men in the world, has used his money in a massive advertising campaign to tout his candidacy for the Democrat Party’s nomination. His money was a focal point of the latest Democratic presidential debate on Wednesday.
However, it is not well known that he also uses his money to support his political positions, such as gun control, abortion and anti-fossil fuels (oil, natural gas and coal).
Bloomberg, the 78-year-old former mayor of New York City, privately funds anti-fossil fuel programs at the Sierra Club (he donated $50 million for its Beyond Coal and Beyond Gas campaigns) and the Environmental Defense Fund ($6 million to stop hydraulic fracturing), according to Wikipedia.
Bloomberg Philanthropies also gave $6 million in 2017 to create the New York University School of Law’s Environment and Energy Impact Center to provide lawyers to state attorneys general whose sole focus would be on environmental and climate change lawsuits and regulatory actions, according to a story authored by Jessica R. Towhey in Inside Sources…..
February 19, 2020
A replacement has been named for Scott M Prochazaka, who is stepping down from the CenterPoint Energy board and is relinquishing his posts as president and CEO, and Xcel‘s CFO is now its president and COO…….
February 19, 2020
Attis Oil and Gas said it was considering selling its 50% interest in the Fort Worth field in Texas after partner APEG Palo Pinto failed to meet its financial obligations…..
AUSTIN – Todd Staples, President of the Texas Oil & Gas Association (TXOGA), released the following statement on the report released today by Texas Railroad Commissioner Ryan Sitton regarding flaring in Texas:…..
February 18, 2020
Austin, Texas – Today Texas Railroad Commissioner Ryan Sitton released a report highlighting data on flaring volumes from the oil and natural gas industry. The report examines the relationship between oil production and flaring and offers a new metric referred to as flaring intensity. As stated in the report, by measuring flaring intensity of nations, states and companies, and comparing them all to the global industry average,
Commissioner Sitton is now offering a benchmark on performance. His office plans to update and publish the report on a quarterly basis. The following statement can be attributed to Ed Longanecker, president of the Texas Independent Producers & Royalty Owners Association (TIPRO):….
February 18, 2020
RRC Commissioner Ryan Sitton says Texas is under special circumstances when it comes to natural gas flaring but surprisingly is already at lower flaring levels than other nations and North Dakota, according to his data and metrics….
February 18, 2020
Clean energy advocate and Senator Kirk Watson said on Tuesday he’s leaving the Texas Senate to head to the University of Houston….
February 17, 2020
A natural gas pipeline fire Monday morning near Citgo Petroleum Corp.’s 157,500-barrel-per-day refinery in Corpus Christi was put out after burning for about an hour and a half, Corpus Christi officials said…..
February 17, 2020
Crude oil and natural gas production as reported to the Railroad Commission of Texas (RRC) for November 2019 came from 173,528 oil wells and 88,349 gas wells….
February 17, 2020
Funeral services for Clayton Williams are set for Wednesday at 11 am at First Presbyterian Church in Midland…..
February 17, 2020
The challenge is to develop a form of energy supply that can deliver heat and electricity in very hot and very cold situations to help NASA plan future interplanetary missions, and the University of Texas-El Paso will be part of research into the solution…..
February 17, 2020
AUSTIN – The Railroad Commission of Texas assessed $928,816 in fines involving 327 enforcement dockets against operators and businesses at the Commissioners’ conference this week. The Commission has primary oversight and enforcement of the state’s oil and gas industry and intrastate pipeline safety…..