Oil in New York posted the biggest weekly gain since June after Saudi Arabia surprised the market with a significant supply cut beyond what was agreed to with fellow OPEC+ members. Awesome Oilfield Caps WTI settled 1.3% higher on Friday after Saudi Arabia’s Energy Minister Prince Abdulaziz bin […]
About 112 workers at Pumpco Energy Services in Odessa were laid off Nov. 25, according to a bulletin released Monday from the Texas Workforce Commission advisory, which also showed 85 layoffs from National Oilwell Varco in Harris County, comes after several weeks of declining rig activity in the […]
The fate of crude oil prices and the health of the U.S. energy sector heading in 2020 may be determined this week in Vienna when OPEC and its allies meet to determine whether to extend or deepen production cuts that have kept the market from crashing. Texas Land […]
What was originally reported as two turned into three people were injured when a trench collapses in Gregory. The incident happened just before noon Tuesday at a worksite near the Glades of Gregory apartment complex. Texas Oilfield Caps 👇🏽 The Gregory police chief Tony Cano said construction workers […]
GREGORY, Texas — Emergency crews were called to a work site in Gregory, Texas, around noon Tuesday after two men became buried when the walls caved in at a construction site, according to San Patricio County Sheriff Oscar Rivera. Texas Land & Oil Caps The sheriff took to […]
Houston oilfield service company Halliburton plans to close an office just west of Oklahoma City where more than 800 employees are losing their jobs. Click Link 👇🏽 In a Monday morning letter filed with the Oklahoma Office of Workforce Development, Halliburon Vice President of the MidCon Area Michael […]
Two employees and one contractor have been injured after a refinery explosion rocked the area around Port Neches Wednesday morning. Texas Land & Oil Caps The Nederland Fire Department reports that around 1 a.m. the TPC plant exploded off Highway 366 near Merriman. That’s near Nederland and Beaumont, […]
Houston pipeline operator Enterprise Products Partners Reports a $1 Billion Profit During the Third Quarter but missed Wall Street revenue expectations amid weaker commodity prices for crude oil, natural gas and natural gas liquids such as ethane, propane and butane. Enterprise reported a $1 billion profit on nearly […]
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 services remains week amid lackluster oil prices. American Oilfield Caps Halliburton filed a notice this week with the Colorado Department of Labor […]
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 rattling windows for miles around and igniting a fire at that was expected to burn for hours. Puro Pinche Oilfield […]
