June 23, 2021 — Vancouver-based Permex Petroleum says it’s closed on some non-operated royalty interest properties in the Permian Basin. Included are 29 O&G wells with established long-term production in Howard, Martin, Midland …
June 22, 2021 — State sales and fee tax income from O&G were up more than 300% during May, the Texas State Comptroller’s Office reports. The overall numbers show a huge increase in …
June 22, 2021 — A prominent doctor has published a paper in a medical journal expressing his concerns about the intermittent nature of renewable energy and the reliability of systems such as the …
Researchers Sam Noynaert and Fred Dupriest have been working on a project funded by a $1.86 million grant from the Department of Energy (DOE) to change geothermal drilling practices. Their goals are to …
June 22, 2021 — Houston-based CITGO Petroleum Corp. has agreed to pay $19.69 million to resolve federal and state claims for natural resource damages under the Oil Pollution Act and the Louisiana Oil …
June 22, 2021 — A pipeline planned by a Texas-based joint venture is encountering new challenges from environmental activists in Memphis, Tennessee. Plains All American‘s and Valero‘s planned Byhalia Pipeline would run through …
June 22, 2021 — Houston-based CenterPoint Energy is planning an expansion in Indiana. The utility’s regional subsidiary operates out of offices in Evansville and plans to build a $323 million natural gas turbine …
By Alex Mills June 22, 2021 — Change is nothing new for the oil and gas industry. Every time there has been a major change in price since 1973, the industry has entered …
June 22, 2021 — “Not In My Backyard” sentiment is complicating an Austin company’s plans to build a solar facility in Ohio. Austin’s 7X Energy Inc. says it’s moving forward with plans for …
June 22, 2021 — Houston-based NRG Energy says it’s closing three power plants, two in Illiniois and another in Delaware because of low power auction prices. NRG was among companies hard-hit by the …
June 22, 2021 — Real estate investment firm Industrial Realty Group LLC (IRG) says it’s just acquired almost 24 acres along the Houston Ship Channel, turning around and leasing the site to a …
June 22, 2021 — The Securities and Exchange Commission (SEC) is considering making important changes in disclosure requirements to reflect the growing recognition that climate change poses significant risks to the U.S. financial …
June 22, 2021 — A major study is underway in cooperation with the University of Texas at Austin to identify and understand the economic and political barriers to carbon capture, storage and use. …
June 21, 2021 — Governor Greg Abbott has vetoed a bill from the Texas Legislature that would have required the Texas Commission on Environmental Quality (TCEQ) to adopt modified practices for reclamation of …
June 14, 2021 — Prices for power in the ERCOT grid soared on Monday as a heat wave gathered steam across Texas with heat advisories in effect — and now an investigation is …
By Alex Mills The price of crude oil has made back all that it lost during the Covid-19 pandemic of 2020 as demand for petroleum products has returned. In January 2020, crude oil …
June 4, 2021 — The Texas A&M Engineering Experiment Station (TEES) will collaborate with energy-sector stakeholders, several national labs and universities in 10 states as the manager of a new Ocean Energy Safety …
June 3, 2021 — ERCOT needs better planning and forecasts, while Texas needs a clear definition of price gouging for emergency natural gas, more emergency demand response options and more backup power for …
June 2, 2021 — Midland’s Colgate Energy Partners III now has closed on a definitive agreement to buy the majority of assets belonging to Austin’s Luxe Energy LLC. The all-stock transaction would allow …
June 2, 2021 — Irving-based power generator Vistra Corp. is using artificial intelligence (AI) to help forecast electricity prices as part of a cooperative program with the University of Texas at Dallas. With …