Halliburton Lays Off 650 Employees
Houston oilfield service company Halliburton laid off 650 employees in four western states from New Mexico to North Dakota as demand for drilling and hydraulic fracturing [...]
Breaking: Huge Oil Tank Explosion Felt Like Earthquake Miles Away
An explosion at an oil storage facility in Crockett on Tuesday afternoon sent a huge fireball into the air in West Contra Costa County California, shaking buildings and [...]
U.S. Rig Count Rises First Time in 2 Months
A bit of good new to end week: After 8 weeks of declining US oil and gas rig counts, we’ve finally edged upward. Puro Pinche Oilfield According to weekly data from Baker [...]
Baker Hughes Reveals New Look
Baker Hughes rolled out its new look Tuesday to mark its independence after more than two years of majority ownership by the industrial conglomerate General Electric Co. [...]
Big Money Banks Helping Smaller Oil Companies Drill More in Texas Permian
Oil majors and large independent exploration companies are beginning to dominate the Permian Basin in West Texas, but smaller, private equity-backed companies are still doing [...]
2 Big Texas Oil Companies in Possible Merger “Texas Strong”
While Callon would acquire for $1.2 billion Carrizo, the sale is pitched as a merger of near-equals of Houston-based producers in an all-stock deal. But New York hedge fund [...]
Big Oil Company Begins Drilling in Texas Under New Name
British oil major BP is drilling under a new name in Texas and Louisiana. 🔥 Texas Oilfield Caps 🔥 Nearly a year after buying the onshore North American assets of [...]
New Huge Pipeline Project Starting From West Texas to South Texas
Houston pipeline operator Kinder Morgan is staring a new pipeline to move natural gas the from the Permian Basin to Corpus Christi ahead of schedule. In a statement, Kinder [...]
Texas Gas Plant Workers Evacuated After Shooting Threat on Social Media
When CBS7 News arrived at the Chevron Gas Plant in Andrews around 2:00 P.M. our reporter found the plant unlocked with apparently no one inside. Texas Oilfield Caps We were [...]
Huge Explosion as Worlds Largest Oilfield Facility Attcked
The U.S. tried to build its case Monday that Iran was behind the fiery weekend attack on key Saudi Arabian oil facilities that raised new war worries and sent energy prices [...]