oil and gas News

West Texas Lawmakers Want to Divert Oil and Gas Taxes to Address Oil Patch Repairs

The fracking boom that resuscitated the Texas oil fields has also beaten up the infrastructure in the Permian Basin, the state’s biggest oil and gas drilling region. More heavy trucks drove through small towns, tearing up roads. Companies built temporary …

Delay in Federal Permits Hinders Texas Oil Companies’ Carbon Capture Projects

Texas oil companies and regulators have waited years for federal permits that would allow those companies to suck carbon dioxide — the largest contributor to climate change — from the atmosphere and inject it underground. After sweeping environmental reviews and …

Less Methane Leaked in West Texas, Report Says; Environmentalists Are Skeptical

Less methane escaped into the atmosphere from certain oil and gas equipment and oil wells in 2023, according to a report released earlier this month by an energy analytics firm that industry leaders promoted. Environmental experts said more information was …

Texas Regulators Overhaul Oilfield Waste Rule

Texas regulators have completed the first overhaul of oilfield waste rules in over 40 years. The Railroad Commission of Texas last month adopted revisions for Chapters 3 and 4 of its rules that govern commercial oilfield waste landfills and on-site …

Texas Refineries Prepare for First Winter Storm, Frigid January

Texas refineries are bracing for an onslaught of cold, snow and freezing rain as the US South’s first major winter storm sweeps in during what’s projected to be a frigid month. While temperatures in the upcoming storm aren’t expected to …

Biden to Ban More Offshore Oil Drilling Before Trump Arrives

President Joe Biden is preparing to issue a decree permanently banning new offshore oil and gas development in some US coastal waters, locking in difficult-to-revoke protections during his final weeks in the White House. Biden is set within days to …

‘Drill, Baby, Drill’ Is Unlikely Under Trump, Exxon Says

Oil and gas producers in the US will not raise output significantly in the coming years despite calls from President-Elect Donald Trump to “drill, baby, drill,” said Exxon Mobil Corp.’s Upstream President Liam Mallon. “I think a radical change is …

About 17% of Gulf of Mexico Oil Production Shut Due to Hurricane Rafael

About 17% of crude oil production and 7% of natural gas output in the U.S. Gulf of Mexico was shut in response to Hurricane Rafael, the U.S. Bureau of Safety and Environmental Enforcement said on Wednesday. Energy producers had shut …

Texas Agency Seeks $100M to Tackle Well Blowouts

Unable to keep up with the growing number of leaking and erupting wells in the state’s oil fields, the Texas Railroad Commission, which regulates the state’s oil and gas industry, has asked lawmakers for an additional $100 million in emergency …

West Texas Town Endures Another Well Blowout, Putting Residents at Risk

TOYAH — After a restless night of sleep, Elida Machuca texted her neighbor, searching for answers. The air around her house in this West Texas town stunk of rotten eggs. “Last night, about 1 a.m., it was so bad we …