Hunt utility trust announces IPO
The move by InfraREIT Inc. comes as the Hunts position themselves to bid on Texas’ largest power line company, Oncor.
The move by InfraREIT Inc. comes as the Hunts position themselves to bid on Texas’ largest power line company, Oncor.
The Dallas utility is asking the state to authorize $5.2 billion in storage projects it says will lower bills and improve reliability.
This blog has been updated with a response from the vice president of Denton Drilling Awareness Group.
Aubrey McClendon, the former CEO of Chesapeake Energy, said that the U.S. shale drilling boom is unlikely to be replicated in other countries.
Voters on Tuesday made Denton the first municipality in Texas to pass a ban prohibiting hydraulic fracturing, which is used to extract oil and natural gas from shale formations.
The lowest oil costs in years are likely to give motoring consumers a lift but may test U.S. petroleum producers and could pinch nations such as Russia and Venezuela.
The Dallas-based power company must now negotiate with creditor committees on the timing and rules of the auction.
The power utility has come under scrutiny since back-to-back October storms knocked out power to more than 500,000 customers in North Texas.
Exxon Mobil recorded $8.1 billion in profits in the third quarter despite a steep drop in the price of crude since July.
Energy companies, environmentalists work to undermine each other in what would be Texas’ first local hydraulic fracturing ban.
Questions about fees are emblematic of the troubles besieging Energy Future’s $42 billion restructuring effort.
The latest round of campaign finance reports, big oil and gas contributed more than $460,000 between Sept. 26 and Oct. 25. to Denton Taxpayers for a Strong Economy, adding to $225,000 previously contributed.
Critics say the rules do not go far enough in policing injection wells.
The Texas Railroad Commission ruled Tuesday that oil and gas companies must check seismic data for 100 square miles before beginning to drill a waste disposal well.
Evidence is mounting that the fall in oil prices in recent months has yet to put a dent in drilling activity in Texas.
Three weeks after storms cut power to half a million customers, the company still faces criticism over its readiness.
The electric transmission company disputes findings by the PUC that it cut maintenance spending more than 20 percent even as it was adding customers.
The group fighting to ban the drilling practice is badly outgunned in the latest campaign finance reports.
A report filed by Public Utility Commissioner Ken Anderson says Oncor cut its annual maintenance budget by $20 million between 2005 and 2013.
As the Texas PUC weighs higher tariffs, wind developers have found an ally in coal and nuclear generators.
Bankruptcy judge approves $20 million in bonuses for EFH executives despite objections.
Complaints against power companies rose in 2014, following four straight years of decline, according to a report by the ratepayers group Texas Coalition for Affordable Power.
Drilling activity holds steady, but companies ponder 2015 plans.
You've heard the slogan: Texas, it's like a whole other country. Judging by the size of its foreign trade, that's not such a foreign concept.
The power company said its tax bill for selling Oncor could potentially exceed $7 billion.
Troubles continue for the Texas power giant, which filed for bankruptcy protection five months ago.
The Legislature is expected to decide in its next session whether to comply with the law or defy it.
Power executives described starkly different scenarios for their operations should federal carbon dioxide rules go into effect next year, as state hearings into pending federal carbon dioxide rules continued Tuesday.
The deal is the biggest announced purchase of a U.S. crude and natural gas producer by a Canadian company.
Lawmakers considering whether to comply with EPA rule, even as Texas prepares to litigate.
Officials from over 200 Texas cities testified that proposed changes would likely deter challenges and lead to inflated rates.
It commands one of the largest pipelines networks in the country, spanning 71,000 miles from coast to coast.
A new study in a prestigious academic journal says fracking isn’t directly to blame. Rather, it suggests, faulty safeguards in gas wells allowed gas to migrate into groundwater supplies.
The court filing comes six years into a legal fight with ratepayers groups that claim Oncor violated state law when it charged customers for federal taxes that were never paid.
Brown's plan would incentivize water reuse projects, increase local control in groundwater permitting and phase out permits for new hydraulic fracturing wastewater disposal wells.
Unfazed by recent losses, Andrew John Hall is going all in on the idea that the shale boom will end more quickly than expected, sending oil prices higher.
The Advertising Standards Authority says the newspaper ad is misleading, citing several claims.
In Texas, it’s fracking as usual. In Colorado, the oil industry is cutting back on trucks and tamping down on pollution.
Tuesday’s deal avoids potentially bigger payouts and years of costly litigation.
New power plants and wind farms have increased the agency’s capacity 4 percent from a year ago.
The environmental group has been targeting Luminant's East Texas coal plants for closure through the courts and public relations campaigns.
The Energy Information Administration put the national average at $3.45 a gallon for regular, with prices across Texas and much of the South between $3 and $3.30.
Luminant says the coal mine at its Big Brown power plant is shutting down by 2018.
Anyone hitting the road for Labor Day weekend can take some solace at the pump, and the Energy Information Administration expects prices to keep dropping.
The pipeline rupture in Torbert spilled at least 117,000 gallons of oil, some of which flowed into a tributary of Bayou Cholpe which connects into the Intracoastal Waterway.
Exxon Mobil has agreed to pay $1.4 million to settle a federal lawsuit over a 2012 oil pipeline spill outside Baton Rouge, La.
NextEra, Hunt pursuit of Oncor paused as EFH delays bankruptcy auction
EFH said in its filing the decision to delay, "is based on extensive consultations with potential bidders and key creditor constituencies."
Thanks to more efficiencies and higher standards, electricity use isn’t growing like it used to, even in Texas.
They are responding to residents’ concerns about a series of small quakes last year.