Archives for December 2016
Rising oil prices could spur energy IPOs next year
It may be time for a baby boom in U.S. oil. Rising crude prices and a deregulatory push in Washington may spur as many as 40 companies to hold initial public offerings over the next...
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Shell Midstream Partners acquires stakes in Gulf of Mexico pipelines
Shell Midstream Partners has acquired stakes in three companies that operate Gulf of Mexico oil and gas pipelines. The Houston-based company’s board of directors has approved buying 10 percent interests in Proteus Oil Pipeline Co.,...
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Activists already heading to West Texas protest camp
Activists are opening a third protest camp in West Texas. A group of conservationists and ranchers are working with a Texas American Indian advocacy group to open a camp on 20 acres near the ghost...
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Geologist finds dinosaur fossil in the Eagle Ford
As state geologists and engineers roam Texas’ shale plays, they see more than oil derricks–they might come across wild horses, rare birds or even a dinosaur. At least that was the highlight two years ago for James...
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With planned OPEC cuts soon to start, oil rally advances
Oil traded near the highest since July last year amid optimism OPEC and 11 other producing nations will cut output as promised, helping eliminate a global supply glut. Futures rose as much as 0.7 percent...
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