Survey: Oil, manufacturing had best luck with pandemic loans
AP News -
By MIKE SCHNEIDER Associated Press Almost 75% of small businesses in a survey applied for help from a federal...
Texas oil producers were cutting output before Railroad Commission chose not to, Commissioner Christi Craddick says
By Cassandra PollockMay 12, 2020 Texas Railroad Commissioner Christi Craddick on Tuesday doubled down on the agency’s recent decision...
Chesapeake Energy
Shares of Chesapeake Energy slumped in Monday trading after the company said in a regulatory filing that “management has concluded that there...
Houston confronts one-two punch of COVID-19 and oil bust
AP News -
By JUAN A. LOZANO Associated Press HOUSTON (AP) — When you're known as the energy...
Texas eases underground oil storage rules, raising concerns
AP News -
CATHY BUSSEWITZ AP Business WriterNEW YORK (AP) — Texas regulators are relaxing rules about where companies can store oil underground, raising concern...
Texas agency won’t cut oil production despite cratering prices
By Mitchell Ferman, The Texas Tribune May 5, 2020 "Texas agency won't cut oil...
Exxon profits drop as most of world stays home, forgoes fuel
AP News -
By CATHY BUSSEWITZ AP Business WriterNEW YORK (AP) — Profits fell at Exxon Mobil as the global pandemic began to erode oil...
A bright spot in the beleaguered industry
If there is one sector of the oil and gas industry that might be smiling during the current...
Q&A: With rock-bottom prices, will the oil industry recover?
CATHY BUSSEWITZ Associated Press With a barrel of crude oil costing less...
Halliburton shuts Texas sites, lays off 240 Oklahoma workers
AP News -
HOUSTON (AP) — Oilfield services giant Halliburton has closed down two sites in Texas and laid off 240 employees in Oklahoma in...
Cantey Hanger attorney Tatum Jr. hired by EPA Region 6
Stephen L. Tatum Jr., a partner with Cantey Hanger LLP, has accepted the assistant – the chief of staff – position to...
Fort Worth oil field services company reports 1Q results, cuts expenses, reduces salaries, cut crews
FTS International Inc. (NYSE: FTSI) on April 30 reported its financial and operational results for the first quarter 2020 reporting a drop...
Most Read
Pending home sales plunged 21.8% in April on a monthly basis
By JOSH BOAK AP Economics Writer BALTIMORE (AP) — April had a record collapse in Americans signing contracts to...
US layoffs climb to 41 million, despite business reopenings
By CHRISTOPHER RUGABER and VLADIMIR ISACHENKOV Associated Press WASHINGTON (AP) — An estimated 2.1 million Americans applied for unemployment...
US economy shrank at 5% annual rate in Q1
By MARTIN CRUTSINGER AP Economics Writer WASHINGTON (AP) — The U.S. economy shrank at an even faster pace than...
Baylor Scott & White to cut some jobs due to COVID-19 impact
Baylor Scott & White Healthcare System on Tuesday announced it will be cutting some costs and jobs in response to economic conditions...