May 30, 2021 — The Texas Senate has signed off on amendments made to a House bill that would restructure a fund used by the Railroad Commission of Texas to allow money to …
By Alex Mills May 30, 2021 — Demand for petroleum products continues to expand into the Memorial Day holiday sending gasoline prices over the $3-per-gallon mark for the first time in seven years. …
May 27, 2021 — A bill that would have levied new fees for electric vehicle owners was shot down on a point of order before the Texas Senate on Thursday. HB 3531 was …
May 27, 2021 — Lt. Gov. Dan Patrick said on Thursday he’s not trying to “force a special session”** over some pet projects even though there have been hints that Mr. Patrick may …
May 27, 2021 — It’s always premature to say a bill or law is dead while the Texas Legislature is in session, but the 87th session allowed the economic development law called Chapter …
May 26, 2021 — ONEOK Inc. President and CEO Terry K. Spencer is retiring on September 30th, the company said this week. Mr. Spencer has been CEO for seven years and concludes a …
We’re closely watching a number of bills making their way through the Texas Legislature. We list them here along with excerpts of reaction from Texas news media and op-eds. Also listed are a …
Note: The latest House version of SB3 continues a plan to implement a statewide emergency alert system; ERCOT tested its “emergency notification system” Wednesday night at 7.
May 26, 2021 — The Texas Legislature has passed Senate Bill 3 in amended form, following two amendments from Rep. Chris Paddie and Rep. Bobby Guerra.
The crucial bill is now back in the Senate, where it will be “cleaned up,” while House and Senate conferees work out the differences in the two chambers’ versions of the bills — then it’s expected to be sent to Governor Greg Abbott by the end of the weekend.
May 26, 2021 — Shareholders in Chevron Corp. voted on Wednesday to cut emissions resulting from the company’s products, part of a remarkable day of changes at major oil company boards. Chevron shareholders …
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 …
