Clayton Williams Energy exploring merger
The board of directors of Clayton Williams Energy Inc. said it has initiated a review of strategic alternatives to enhance shareholder value, among them a possible merger.
View ArticleCommentary: Transparency and process adjustments boosted Mexico’s second...
In less than three months, the Mexican Government has changed the narrative of their oil and gas auctions.
View ArticleSan Antonio lawyer indicted for fraud over Gulf oil spill claims
The charges stem from allegations that the lawyer fraudulently bolstered the number of clients he had with claims against BP to get a seat on a steering committee.
View ArticleWe’re driving more miles, paying less for gasoline
Regular gasoline averaged $1.92 a gallon in Houston on Wednesday.
View ArticleCommentary: Southern Gas Corridor can boost regional stability
Georgios Papanikolaou is the Consul of Greece to Houston; Elena Sgarbi is the Consul General of Italy to Houston; and Ferhat Alkan is the Consul General of the Republic of Turkey to Houston.
View ArticleEnergy companies among Houston’s Top Workplaces
Nearly 79,000 Houston-area workers were surveyed to determine the winners of the sixth annual Top Workplaces event.
View ArticleEx-BP engineer says he was ‘scapegoat’
On Sunday, Kurt Mix wrote in a first-person commentary posted on the Wall Street Journal website that was an oil spill scapegoat.
View ArticleCommentary: Success of nuisance suits against Texas oil and gas companies in...
Marathon Oil EF, LLC, and Plains Exploration & Production Co. recently prevailed against landowners who claimed harm to their health and property from surrounding oil and gas operations in the...
View ArticleCommentary: Offshore well control rule will hurt, not help, offshore energy...
The oil and natural gas industry has spent the last five years following the Deepwater Horizon incident working with government and regulatory officials to improve the safety of operations offshore.
View ArticleCommentary: Proposed well standards bring accountability to offshore safety
Industry standards alone won't ensure improved offshore safety because they lack the force of law, says the head of the federal agency that regulates the offshore industry.
View ArticleCommentary: More dialogue needed on BSEE well control rule
By Erik Milito Safe, responsible energy development in the Gulf of Mexico and beyond is vital to the U.S. economy and job growth, as well as U.S. energy and national security. Joint efforts from the...
View ArticleBarton, Green, Cornyn weigh in end of export ban
U.S. Rep. Joe Barton, who sought to end the ban in each of the past few sessions of Congress, said the current industry slump of low oil prices helped seal the deal in Washington.
View ArticleCommentary: Mexico’s third-round of lease auctions gives domestic energy...
The 25 onshore leases — including four medium-size blocks and 21 small fields — attracted significant interest from energy companies.
View ArticleSEC looking into Flotek
Flotek Industries, a supplier of equipment and materials for hydraulic fracking, said the U.S. Securities and Exchange Commission is investigating its FracMax software and the efficacy of one of the...
View ArticleSmoke at Exxon refinery in Beaumont due to power outage
A refinery spokesman said no one was injured and there was no cause for alarm following the 3 p.m. outage. Non-essential personnel were “dismissed” from the facility.
View ArticleThree V&E partners with energy experience leave for other firms
Three partners in the corporate section at Vinson & Elkins in Houston, including one of the state’s most successful securities offerings lawyers, informed the law firm they are jumping to national...
View ArticleToo soon to get a read on market volatility, Fed vice chair says
As for volatility in the global markets, Stanley Fischer said it’s too early to tell if there will be ramifications.
View ArticleTesla focusing on cutting price of cars, executive says in Houston
“We don’t really need more performance, we don’t really need much more range, we need to focus on cost,” JB Straubel said.
View ArticleOil company executives plead guilty to securing kickbacks
Two former executives at an oil supply company in Houston pleaded guilty last week to securing illegal kickbacks related to oil business in Latin America.
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