After fracking ban, a long fight ahead
The Texas Oil and Gas Association filed its challenge in federal court on Wednesday morning, arguing that the city has no right to override state policy favoring subterranean mineral extraction.
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Denton voters pass fracking ban
The vote made Denton, which sits atop a large natural gas reserve, the first city in Texas to pass such a ban. It sets up a legal showdown between the city and industry groups that have warned the ban could be followed by lawsuits and a severe hit to Denton’s economy. More »
Kirby Corp. grows onshore with hydraulic fracturing boom
Kirby Corp., a Houston-based barge shipping company, is growing its business on shore. Since hydraulic fracturing took off, Kirby has found a growing market for its diesel engine services division.
The engines power hydraulic fracturing pumps, and demand has been rising in recent years. More »
Blackfeet urge government to cancel energy leases
Blackfoot tribal leaders from Canada and Montana are calling on the U.S. government to cancel oil and gas leases on sacred land near Glacier National Park, as a lawsuit works its way through the federal courts. More »
Cabot’s profits soar 44 percent on climbing production
The Houston energy producer posted record high production thanks largely to its footprint in the Marcellus Shale and Eagle Ford Shale. More »
Houston co. invents wireless device to map underground oil and gas
Wireless Seismic could be a game changer in the way companies obtain critical seismic data. More »
Oil rout goes unnoticed in Eagle Ford shale
U.S. benchmark West Texas Intermediate oil has dropped 24 percent from its June high, but oil workers in the Eagle Ford shale can’t help but feel optimistic. More »
Tesoro Logistics buying QEP’s gas processing business
Tesoro Logistics LP agreed to buy QEP Resources natural-gas gathering and processing business for $2.5 billion in cash to expand in the Rocky Mountain region and North Dakota. More »
Oil rigs slump by most in two months after prices slide
Rigs targeting oil in the U.S. fell by the most in two months as producers curbed drilling following the biggest price rout since 2012. More »
Eagle Materials drills further into energy sector with acquisition
Eagle Materials is moving further into the energy sector by buying a company that sells an ingredient crucial to the hydraulic fracturing process. More »
Shale boom tested as plummeting prices threaten U.S. drillers
More supply from hydraulic fracturing and horizontal drilling, and less demand, are contributing to the tumble in West Texas Intermediate crude. More »
American Water Works CEO says company could provide fracking services
The largest publicly traded water utility in the U.S. is in discussions about providing additional services to fracking companies. More »
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