Texas

The $25 million is an initial grant from the recent Bipartisan Infrastructure Law passed last November.

A recent survey by the Dallas Fed indicates significant improvement in oil and gas companies’ outlooks, tempered by high levels of uncertainty in oil prices, ongoing supply-chain limitations, and workforce shortages. Small operators outpace large operators in expected increases in production.

The two companies will explore carbon capture solutions of various sizes over an initial 9-month evaluation period.

Regulatory uncertainty continues to hamper Canadian provinces in competition for hydrocarbon investment.

A recent survey presented by the Dallas Fed offers hints to why production in Texas and neighboring states has not seen a boost from rising prices. One big problem? Workers.

Ranchers and regulators are contending with uncontrolled leaks from thousands of abandoned oil and gas sites that could render some land “functionally uninhabitable.”

Those who work for the many small businesses in the oil patch see the business, and its future, differently from the energy and financial giants that get most of the coverage.

Oil prices are up and so is the outlook for companies at the heart of the US unconventional oil sector, but they still have their concerns.

A new white paper reports that Houston is better poised than anywhere else in the US to play a far more significant role in reducing emissions from industrial sources.

A $3-million investment by a climate fund founded by TED curator Chris Anderson and an additional $2-million investment by a subsidiary of Helmerich & Payne will fund a hybrid CLG/EGS demonstration well in Texas. Drilling could begin this summer.