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Tuesday, September 22, 2020

Houston company announces complete line of oilfield products

Rockhopper Industrial, a new Houston-based company says it is implementing an innovative direct-to-market supply chain model to eliminate the costs traditionally associated with engineering, producing, testing, transporting, and delivering pipe, valves and fittings (PVF)...

MineralWare founder launches new online marketplace to buy, sell, lease minerals, royalty interests

A Fort Worth-based technology firm is offering the mineral industry's first end-to-end transaction platform. Energy Domain, a new marketplace to buy, sell or lease oil and gas minerals and royalty interests, announced its company launch...

Iran’s president: New oil field found with over 50B barrels

TEHRAN, Iran (AP) — Iran has discovered a new oil field in the country's south with over 50 billion barrels of crude, its president said Sunday, a find that could boost the country's proven...

Earthquakes in West Texas have dramatically increased, according to new University of Texas study

Every year West Texas experiences more and more small earthquakes. The study by the University of Texas at Austin documented more than 7,000 starting in 2009.

Trump administration eases Obama-era rules on coal pollution

WASHINGTON (AP) — The Trump administration accelerated the pace of its environmental rollbacks for the country's coal-fired power plants Monday, proposing to weaken two Obama-era rules aimed at cleaning up dangerous heavy metals and...

Exxon Mobil profit falls 49% as oil and gas prices decline

NEW YORK (AP) — Exxon Mobil's profits fell dramatically in the third quarter as the company was hurt by lower prices for crude oil and natural gas. The Texas oil giant reported $3.17 billion in...

Goff appointed chairman at Contango Oil & Gass

John C. Goff, chairman of Fort Worth-based Crescent Real Estate LLC, has been appointed non-executive chairman at Contango Oil & Gas Company (NYSE American: MCF). Goff is a current director and the company’s largest...

Rick Perry planning to step down as energy secretary by year end

The departure of the energy secretary and former Texas governor makes him one of about a dozen Cabinet members to leave their post during President Trump’s administration.

Saudi Arabia says Iran missiles, drones attacked oil sites

RIYADH, Saudi Arabia (AP) — Saudi Arabia alleged Wednesday an attack by drones and cruise missiles on the heart of the kingdom's oil industry was "unquestionably sponsored by Iran," naming but not directly accusing...

US economy could shrug off oil prices if disruption is brief

DALLAS (AP) — The price of gasoline crept higher after a weekend attack devastated Saudi Arabian oil output, but if the disruption to global supplies is short-lived, the impact on the U.S. economy will...