Injuries reported after explosion at ExxonMobil’s Baytown facility
As many as four people may have been injured during an overnight explosion at Exxon Mobil’s Baytown facility, according to Harris County Sheriff Ed Gonzalez.
Houston Chronicle
Transocean to lay off more offshore rig workers
Transocean Deepwater plans to lay off as many as 110 workers after the Houston offshore driller could not secure a new contract for one of its drillships amid low oil prices.
Energy bankruptcies up 62 percent from last year in North America
More oil and gas companies are expected to file for bankruptcy this year as the coronavirus pandemic continues to depress energy demand.
Most US shale companies to restore production by end of 3rd quarter
By the end of the third quarter, most U.S. oil producers plan to restore nearly all of the production shut down during the oil crash, according to a new report.
Covid-related job losses approaching 100,000 in US oilfield services sector
Job losses related to the coronavirus pandemic are approaching the 100,000 mark for US oilfield services companies as layoffs continued to mount in July.
Trump claims he ‘created’ the Texas oil industry
President Donald Trump on Monday downplayed “phony polls” showing a tight presidential race in Texas, saying he’s way ahead because he “saved the oil industry,” and later adding, “I created it.”
Report: US hydraulic fracturing demand expected to bounce back
Demand for hydraulic fracturing services in shale plays across the United States is expected to reach rock bottom in May and stay low in the summer before a recovery begins in the fall, the Norwegian global energy research firm Rystad Energy reported.
Can oil recover from coronavirus? An industry debate is underway
When the pandemic is all over will society go back to driving cars and hopping on planes with nary a worry as it did just two short months ago?
Schlumberger posts $10.1 billion loss in 2019
Schlumberger, the largest oil-field service company in the world, lost $10.1 billion in 2019 as a result of hefty write-downs on two past acquisitions and weakening demand for hydraulic fracturing services in the United States and Canada.
US Gulf Coast oil expansion will generate half a billion annual tonnes of emissions
More than half a billion tons of additional greenhouse gas emissions per year — equivalent to 8 percent of total U.S. emissions — may be generated by new oil, gas and petrochemical facilities in Texas and Louisiana, University of Texas researchers estimate.
BP, Shell and Chevron evacuate workers from Gulf of Mexico platforms
The top Big Oil operators in the Gulf of Mexico said Tuesday they are evacuating workers from most of their deepwater platforms in response to this hurricane season's first looming disturbance in the area.
Cause of Houston fire still unclear as emergency crews prepare for cleanup
The cause of the dayslong chemical fire at a Deer Park plant remains under investigation as emergency crews douse what's left of the now-extinguished blaze and prepare for clean-up, company officials said Wednesday.
Energy sector heads into ‘kind of purgatory’
The state of the Houston energy sector might be summed up in one word: Meh.
At least one remains in critical condition after Texas pipeline explosion
At least one worker remains in critical condition after an explosion at a natural gas pipeline sent seven people, including two firefighters, to the hospital Wednesday.
SEC charges Energy XXI founder
The federal government charged Houston-based Energy XXI founder John Schiller on Monday with failing to disclose more than $10 million in personal loans and perks from corporate vendors and board members in exchange for contracts and appointments.
Natural gas-fired power plants to set near record this summer
Natural gas-fired power plants are expected to supply 37 percent of the US's electricity generation this summer, near the record set two years ago, the Energy Department reported Wednesday.