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Q&A: With rock-bottom prices, will the oil industry recover?

By CATHY BUSSEWITZ AP Business WriterNEW YORK (AP) — With a barrel of crude oil costing less than a New York pizza,...

Diamond Offshore files for bankruptcy as oil prices crash

BANGKOK (AP) — Contract driller Diamond Offshore has filed for bankruptcy with debts of $2.6 billion, as the energy industry is hammered...

Energy Alliance new board officers, all from Fort Worth companies

 The Texas Alliance of Energy Producers board of directors recently unanimously elected Cye Wagner of Cooper Oil and Gas in Fort Worth...

Texans in Congress look for ways to help as oil prices tank

By Sam Manas, The Texas Tribune April 22, 2020 "Texans in Congress look for...

Q&A: Oil prices hit new lows as economic pain deepens

By CATHY BUSSEWITZ AP Business WriterNEW YORK (AP) — A barrel of oil now costs less than a cheap bottle of wine.U.S....

Texas oil price plummets below $1 as the coronavirus pandemic’s economic woes continue battering the state

By Mitchell Ferman, The Texas Tribune April 20, 2020 "Texas oil price plummets below...

Halliburton posts 1Q loss as energy price drop squeezes oil services sector

HOUSTON (AP) _ Halliburton Co. (HAL) on Monday reported a first-quarter loss of $1.02 billion, after reporting a...

Fort Worth oil services firm receives notice from NYSE on compliance

FTS International Inc. (NYSE: FTSI) on April 15 announced it received written notice from the New York Stock Exchange that the company...

Tanks are full

Producers are pumping way more oil than the locked-down world can use, and storage tanks are filling up fast. After oil is...

Texas’ oil and gas regulators aren’t ready to cut production yet. They’re not even sure how it would work if they did.

By Mitchell FermanApril 15, 2020 Facing a steep drop in oil demand with much of the world staying home...

World oil demand forecast to suffer biggest drop ever

By CARLO PIOVANO Associated PressLONDON (AP) — Global demand for oil will fall this year by the most ever due to the...

Railroad Commission discusses cutting oil output as divided industry weighs in

In a seemingly endless session, the Railroad Commission of Texas on Tuesday, April 14 debated cutting oil output in response to falling...

Most Read

Kirk 2.0: Capt. Pike of new ‘Star Trek’ a welcome new icon

By TED ANTHONY AP National WriterIn the beginning, in the "Star Trek" universe, there was only Captain Kirk. At least to the...

Eddie Sutton, Hall of Fame basketball coach, dies at 84

By CLIFF BRUNT AP Sports WriterEddie Sutton waited so long to be inducted into the Naismith Memorial Basketball Hall of Fame. He...

Baylor Scott & White Health donation from Reliant supports remote monitoring of COVID-positive patients

Baylor Scott & White Health has received a $100,000 donation from Reliant in support of its MyBSWHealth mobile app.Launched in 2018, the...

Trump’s urging stokes furor in debate over in-person worship

By ELANA SCHOR Associated Press NEW YORK (AP) — President Donald Trump's declaration that religious services should be "essential"...