SEC charges Breitling Energy, CEO Faulkner, general counsel in fraud case
By Mark Curriden of The Texas Lawbook The U.S. Securities and Exchange Commission on Thursday charged Dallas-based Breitling Energy Corp. and its CEO, “Frack Master” Chris Faulkner, of fraudulently spending tens of millions of dollars...
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Houston’s oil job growth ‘a little bit sobering’
Oil prices may have bottomed out, but Houston’s economy probably hasn’t. Patrick Jankowski, chief economist for the Greater Houston Partnership, delivered the sobering news Thursday during a gathering of the Association of Commercial Real Estate...
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Market Currents: Saudi oil exports rise while inventories fall
And as the world comes to terms with the news that the U.K. has voted to leave the E.U., the oil market is getting a wop bop a loo bop a lop bam walloped. Hark,...
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BP monitoring ‘Brexit,’ plans to speak with British, EU leaders
BP, the British oil giant with a large operation in Houston, said it was closely monitoring the situation following the Britain’s vote to leave the European Union and would be speaking with government officials in...
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Oil plunges on British vote to leave EU
Oil tumbled with most commodities amid a global flight from risky assets after the U.K. voted to leave the European Union. Whether the rout lasts depends on how world governments deal with the turmoil. Futures...
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