Retail gasoline prices across Texas have dropped by a penny average this week to $3.09 per gallon.
A San Antonio lawyer being sued by oil giant BP over allegations that he falsely claimed to represent thousands of deckhands who lost money in the 2010 Gulf oil spill has asked a federal court to delay the lawsuit while a criminal investigation plays out.
A key Texas agency announced Tuesday it is hiring a seismologist, part of an effort to tackle a sudden increase in earthquakes in areas with significant oil and gas drilling activities.
Texas is among at least four states that have received complaints of well-water contamination from oil or gas drilling.
TransCanada Corp. began injecting crude oil into the 485-mile, 36-inch pipeline in early December. Spokesman Davis Sheremata says the process involves injecting about three million barrels of oil into the system at Cushing and moving it to the Houston area.
Texas has reported it produced oil at a record rate in September, more than doubling the rate of less than three years ago.
ALVARADO (CBSDFW.COM) – Two families in Johnson County are blaming fracking and earthquakes for damage to their homes. They have filed a lawsuit naming the controversial natural gas drilling process as the cause for cracking […]
High levels of contaminants, including arsenic are present, according to a University of Texas at Arlington study, in private water wells near gas operations.
Exxon Mobil says net income fell 57 percent in the second quarter on weaker refining results, lower production and minus a big gain in the year-ago quarter.
Exxon Mobil shareholders are voting on measures to explicitly ban discrimination against gays and to reduce production of greenhouse gas emissions.
The amount of crude oil U.S. freight railroads hauled last year more than tripled as shale oil production surged in North Dakota and other locations.
Exxon says fourth-quarter earnings rose 6 percent to $9.95 billion with help from higher profit margins in its refining business.