News
Market Currents: Imports, production boosting inventories
Oil is ticking lower today, under the weight of record crude and gasoline inventories, but with OPEC production cuts providing a supportive backdrop (…and peeking around the curtain). As Friday afternoon approaches, and the prospect...
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Coal leading energy source for Texas in January
Coal was the top power source for Texas in January, a spot typically held by natural gas, according to data compiled last week by the Electric Reliability Council of Texas, which oversees power for most...
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Oil and gas deal makers say rebound is here
The wheeling and dealing started at NAPE, the nation’s largest conference for buying and selling oil and gas land, when Houston’s George R. Brown Convention Center floor opened Thursday morning. And the land men and...
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Partial sale of Dakota Access Pipeline completed after construction resumes
Dallas-based Energy Transfer Partners completed a $2 billion sale of stakes in the controversial Dakota Access Pipeline, which restarted construction this week after receiving regulatory approval from the U.S. Army Corps of Engineers. Energy Transfer...
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Oceaneering CEO stepping down, president promoted
Oceaneering International President Roderick Larson will advance into the chief executive role in May after current CEO Kevin McEvoy steps down. McEvoy, 65, will remain on the board of Houston-based Oceaneering. McEvoy took over the...
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