Archives for 2017
Fuel prices stop rising for now
After surging in recent weeks, gasoline prices are beginning to hold steady as we approach the busy summer driving season. The average cost of a gallon of regular unleaded gasoline actually fell by nearly 1...
Click here 0 3,194
Halliburton Q1 revenues rise, stem losses
The Houston oil field services behemoth Halliburton Co., aided by the steady recovery of the U.S. oil and gas sector, boosted revenues and almost broke even in the first quarter of this year. Halliburton revenues...
Click here 0 3,204
Adams Resources business filing for bankruptcy
The oil and gas exploration business of Houston’s Adams Resources & Energy will file for bankruptcy. The 70-year-old energy company said its Adams Resources Exploration Corp. subsidiary will file for Chapter 11 bankruptcy protection and prepare...
Click here 0 3,076
What cuts? Perry promises Energy Department will keep innovating
The U.S. must innovate in the energy sector, Energy Secretary Rick Perry said on Friday, and his department will continue to drive some of that innovation. Perry, speaking at Earth Day in Dallas, lauded the...
Click here 0 2,933
Trump rejects Exxon waiver request for Russia
President Donald Trump has personally rejected Exxon Mobil’s bid to resume a potentially lucrative oil and gas drilling venture with Russian firm Rosneft. A statement posted on the Treasury Department’s website Friday reads: “In consultation...
Click here 0 2,903
