The threat of war in the Middle East is pushing oil prices higher again, capping one of the most dramatic ever weeks for crude in which 5% of the world’s supplies were cut by attacks on Saudi production facilities.
President Donald Trump scoffed yet again at a source of electricity championed by his own energy secretary, saying wind power doesn’t work “all that well.”
An extreme heat that propelled electricity demand in Texas to an all-time high and sent power prices surging to a record on Monday afternoon is threatening to do it all over again Tuesday.
A man who stole deepwater trade secrets on behalf of China was convicted in federal court, highlighting the fierce competition between the world’s economic superpowers for oil-drilling supremacy.
As Blake Roberts bounced along a single-lane dirt road in his red Ford Super Duty pickup he pointed to a pumpjack bobbing in the West Texas heat.
The petrochemical giant owned by Britain's richest man Jim Ratcliffe is expanding its Chocolate Bayou chemical plant in Texas to tap into a fast-growing ethylene oxide market.
The Refuge Bar & Bistro, just a short walk from Anadarko Petroleum's headquarters, is becoming a place for Anadarko workers to drown their sorrows as they update resumés and contemplate the future of The Woodlands without its flagship employer, which recently agreed to be acquired by Occidental Petroleum.
A Dyce-headquartered energy services group said “stable” North Sea activity levels helped it more than double profits in 2018.
The US Department of Energy has appeared to rebrand the country's natural gas as "molecules of freedom".
For dozens of north-east delegates attending this year’s Offshore Technology Conference (OTC) in Houston, the trip was the place to tout for international business and make invaluable contacts.
As the global industry assembles in Houston for the Offshore Technology Conference, it will be in the midst of a quiet American revolution.
Moss Creek Resources recently set a new record for drilling a well in the Permian Basin, the onshore resource that has dramatically transformed the fortunes of the US oil and gas industry.
A Texas businessman who hails from the north-east of Scotland has celebrated the expansion of his business incubator venture in Houston.
An entrepreneur who left Aberdeen for Texas almost 25 years ago has a burning ambition to put down roots for his company in the Granite City.
Exxon Mobil will pour $2 billion into expanding its Baytown chemical complex, creating 2,000 construction jobs and further cementing the region's role as a petrochemical hub.
Texas, home to the world’s largest oil reserve and America’s biggest source of coal-fired power, is on the verge of a clean-energy boom.
The waters off the Gulf Coast could be an attractive place to install offshore wind farms. The winds are decent and there's plenty of space but at the moment, electricity prices in Texas are low, thanks to cheap wind coming from West Texas wind farms, and aren't high enough to justify the expense of engineering and building off the coast.
An Aberdeen travel firm has reported strong interest from north-east busiensses interested in going to the Offshore Technology Conference (OCT) in the US.
Wood has been awarded a £34m contract by a large-cap midstream company to construct 80 miles of steel pipeline in west Texas.
Exxon Mobil Corp. will use renewable energy to produce oil in West Texas.
Texas energy companies are pouring millions of dollars into Washington state to fight a ballot measure that, if passed, would create the nation’s first carbon fee, raising the cost of gasoline and other fossil fuels and likely hurting demand for petroleum products.
Texas lost two drilling rigs over the last week, both in the high-producing Permian Basin oil field of West Texas.
Exxon Mobil has completed a nearly $500 million refining expansion at its Beaumont campus with plans for much more oil refining and plastics growth to come at the complex.
At the beginning of this century, the British energy company BP achieved its own American dream, becoming the largest oil and gas producer in the United States after spending a combined $75 billion to buy the oil companies Amoco and ARCO in audacious back-to-back deals.
Oil exports exceeded imports along Texas' Gulf Coast in April for the first time on record.
