January 14, 2021 — District 125 state Rep. Ray Lopez has filed a bill requiring notification, before an administrative order, to members of the Texas Legislature when environmental-related penalties are assessed by the …
January 14, 2021 — A bill filed by Republican Rep. Ken King creates a new tax on Texas utilities — including co-ops — that generate electricity from any source other than natural gas. …
By Alex Mills January 14, 2021 — On Tuesday, Joseph R. Biden Jr. will take the oath of office and be sworn in as President of the United States of America. During his …
January 14, 2021 — Billionaire Charles Koch‘s political network says it’s going to heavily weigh the actions of Congress members in the day before and after last week’s demonstrations and siege of the …
January 13, 2021 — The Texas Commission on Environmental Quality this week approved penalties totaling $589,640 against 26 regulated entities for violations of state environmental regulations. Agreed orders were issued for the following …
January 12, 2021 — According to data from the Texas Oil & Gas Association (TXOGA), the Texas oil and natural gas industry paid $13.9 billion in state and local taxes and state royalties …
January 12, 2021 — The reorganization of Texas Pacific Land Trust, one of the largest landowners in Texas, is complete. Now called Texas Pacific Land Corporation, the revised Delaware corporation has finished receiving …
By Alex Mills Crude oil prices took an unexpected leap last week on the announcement by Saudi Arabia that it was going to reduce oil production by an additional 1 million barrels per …
January 8, 2021 — The Railroad Commission of Texas issued a total of 486 original drilling permits in December 2020 compared to 803 in December 2019. The December 2020 total includes 424 permits …
January 12, 2021 — Texas Comptroller Glenn Hegar has released the Biennial Revenue Estimate (BRE), showing the state is projected to have $112.5 billion in revenue available for general-purpose spending during the 2022-23 …
TXOGA President Todd Staples Outlines “Roadmap to Recovery” as Legislature Convenes Texas ISDs received $2+ Billion, Counties received $688 Million in property taxes from oil and natural gas production, pipelines and gas utilities …
January 11, 2021 — COVID-19 tests will be required of people entering the Texas Capitol building Tuesday but legislators have some good news from the state comptroller as the 87th Legislative session gets …
January 11, 2021 — Laredo Oil Inc. has purchased 100% of the stock of a subsidiary of Alleghany Corp. That wholly-owned subsidiary, Stranded Oil Resources Corp., has “invested more than $100 million in R&D and …
January 11, 2021 — An energy lawyer is now a new member of the board at Williams, which is now up to 14 members. Stacey Doré is currently president and CEO of Sharyland …
January 11, 2021 — Independent Midland Basin and Eagle Ford developer and operator Earthstone Energy Inc. says it’s completed the acquisition of Houston explorer Independence Resources Management LLC (IRM) announced three weeks ago. …
January 11, 2021 — Upstream services company TETRA Technologies says it’s reducing the size of its board with the coming retirement of one member. The Woodlands-based company said Paul D. Coombs intends to …
January 6, 2021 — The Railroad Commission of Texas (RRC) voted on Wednesday to approve and ratify the pandemic-related temporary emergency exceptions to fees and regulations it issued during a May meeting. The …
January 6, 2020 — Two Texas energy companies are mourning the deaths of high-ranking officers. Spring-based Southwestern Energy’s CEO Bill Way said the company’s Chief Financial Officer Julian Bott died Sunday, while Cheniere …
January 5, 2021 — Sales tax income from O&G and related industries was down more than 45% in December when compared with the same time in 2019, new figures from the state comptroller’s …
January 5, 2021 — Jim Wright was joined by his family as he was sworn in on Monday as the 51st and newest commissioner on the RCC — he now prepares for his …