Exxon Mobil To Buy Bass Family's Holdings In Permian BasinOil and gas giant Exxon Mobil Corp. is buying the Bass family's Permian Basin holdings in a more than $6 billion stock and cash deal.
Oil Slump Socks Texas Budget, Making Spending Cuts LikelyA prolonged oil slump is leaving Texas with a grim spending forecast, and one top Republican lawmaker says budget cuts are now certain.
Coast Guard Battling Fire On Oil Platform In Gulf of MexicoThe Coast Guard says it's responding to a fire on an oil platform in the Gulf of Mexico off the coast of Louisiana.
Perry Would Bring Oil Industry Ties To Energy Department Former Gov. Rick Perry has close ties to the Texas oil industry. President-elect Donald Trump's pick for Energy secretary also has roles in two companies pushing for the proposed 1,200-mile crude oil pipeline that has stoked mass protests in North Dakota.
Judge: No Deposition From State Official In Climate CaseA federal judge in Texas reversed course on Monday and canceled a scheduled deposition from a Massachusetts official who is looking into whether Exxon Mobil misled the public about the impact of fossil fuels on climate change.
Spokesman Offers Few Clues On Trump's Pipeline StanceDonald Trump isn't offering many clues about how his administration will act regarding the disputed Dakota Access oil pipeline. A spokesman said that he will review the situation "and make the appropriate determination."
Federal Government Blocks Dakota Access Oil Pipeline RouteThe U.S. Army Corps of Engineers said Sunday that it won't grant an easement for the Dakota Access oil pipeline in southern North Dakota, handing a victory to the Standing Rock Sioux tribe and its supporters
OPEC Cuts Will Have A Muted Effect On ConsumersOPEC's decision to cut production gave an immediate boost to oil prices, but the impact on consumers and the U.S. economy is likely to be more modest and gradual.
Local Man Joins Fight Against Dallas Oil Company A Thousand Miles AwayJesse Puente is a heating and air conditioning technician in Dallas. He just returned from a trip to North Dakota, where protesters have clashed for months with police over Dallas-based Energy Transfer Partners' proposed Dakota Access Pipeline.
Texas Shale Oil Field Could Yield 20 Billion BarrelsA vast field of shale rock in West Texas could yield 20 billion barrels of oil, making it the largest source of shale oil that the U.S. Geological Survey has ever assessed, agency officials said.
Vast Field Of Recoverable Oil, Natural Gas Found In TexasThe U.S. Geological Survey says it has discovered in West Texas one of the largest reserves of recoverable oil in the agency's history.
Top Texas Official Says Injection Wells Can Cause QuakesA top Texas official says it's "possible" oil and gas wastewater being injected deep underground can cause earthquakes.

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