May 26, 2021 — ExxonMobil was forced to adjourn its annual shareholder meeting for an hour on Wednesday as it attempted to head off a shareholder coup by dissident hedge fund activists. The …
May 26, 2021 — Royal Dutch Shell has been ordered by a court in the Netherlands to cut its carbon emissions by 45% by the year 2030. The court held that Shell’s current …
May 26, 2021 — Tuesday was the last day for the Texas House to consider the 2nd reading of Senate bills and joint resolutions on the daily or supplemental calendar, meaning lots of …
Archrock Inc. Revenue for the first quarter of 2021 was $195.4 million compared to $249.7 million in the first quarter of 2020. Net income for the first quarter of 2021 was $4.2 million …
May 25, 2021 — A bill derided by some because it would require renewable power generators to pay costs of transmission is dead for now. District 9 Senator Kelly Hancock‘s SB 1282 was …
By Alex Mills May 20, 2021 — The oil and natural gas industry in Texas and globally has for several years battled volatile prices, a coronavirus pandemic, declining demand, an oversupply of product, …
May 19, 2021 — Texas Governor Greg Abbott has signed into law two bills, one that will keep cities from banning natural gas as a source of fuel and another aimed at keeping …
May 19, 2021 — The Railroad Commission recently completed four years’ worth of hard work cleaning up the Wheeler Road Westex Notrees surface waste disposal facility near Odessa in West Texas. The $9 …
May 18, 2021 — Oklahoma City independent O&G producer BCE-Mach III LLC has signed a purchase and sale agreement to buy producing properties in Western and Southern Oklahoma and the Texas Panhandle from …
May 18, 2021 — Bloomberg reports the Colonial Pipeline computer system that allows customers to “nominate and make changes to their batches of fuel traveling through the system has been inaccessible” as of …
May 16, 2021 — Japanese conglomerate Mitsubishi is moving into hydrogen storage with a Texas company as a partner. Houston’s Texas Brine signed an agreement with Mitsubishi Power, a Mitsubishi subsidiary, to develop …
May 15, 2021 — Texas Tech University has long been a leader in wind energy. Thanks to a newly expanded partnership, the university will soon play a larger role in the future of energy …
May 15, 2021 — Entergy is moving toward renewable energy with the creation of a new organization the company says is dedicated to “sustainable planning, development and operations.” The new company will be …
May 14, 2021 — Howard Midstream Energy Partners (HMEP) says it plans an expansion of the company’s Port Arthur terminal facilities to support renewable diesel production as part of a new partnership that …
May 13, 2021 — The Colonial Pipeline Co. says the system has resumed full operations. Still, it will be “several days” before the system’s local supply chains return to normal, the company said …
May 13, 2021 — State Rep. Tom Craddick appears successful in his second attempt to bring Permian Basin O&G money sent to the state right back to the Basin. House Joint Resolution 82, …
May 13, 2021 — Colonial Pipeline Co. paid hackers nearly $5 million in ransom money, Bloomberg News said on Thursday, citing three unnamed sources. The money was delivered via untraceable cryptocurrency, followed by …
By Jim Wright, commissioner, Railroad Commission of Texas May 12, 2021 — As the newest statewide elected official in Austin, I expected there to be a learning curve, but 2021 has surprised even …
By Alex Mills May 12, 2021 — On Friday, Colonial Pipeline, which transports refined petroleum products (gasoline, jet fuel, etc.) from Texas to New Jersey, halted operations because of a cyberattack on its …
May 12, 2021 — The Port of Calhoun Terminal is “officially in business,” Max Midstream announced on Wednesday following the company’s first loading of Eagle Ford crude onto a company vessel. Houston-based Max …