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Last week cargo giants Maersk (MAERSK-A.CO, MAERSK-B.CO) and German shipment company Hapag-Lloyd said they would pause voyages through the region until further notice.Goldman Sachs analysts ...
The session high was more than $80, highest this year so far. U.S. West Texas Intermediate crude futures climbed 66 cents, or 0.9%, to settle at $72.68, paring gains after touching a 2024 high of ...
The Texas industry produced 5.86 million barrels per day of crude oil in October 2024 – led by production in west Texas in the Permian Basi 2024: Another record-breaking year for Texas oil and ...
May 5 – A leak occurred in a relief line, at a Keystone Pipeline Terminal in Beaumont, Texas. About 18,500 gallons of crude oil were spilled. The cause seemed to be internal corrosion. [5] July 28 – A gas line explosion and fire occurred in Martin County, Texas, which injured four workers. A ditching truck hit an existing high-pressure gas ...
Representation of a oil derrick. The Texas oil boom, sometimes called the gusher age, was a period of dramatic change and economic growth in the U.S. state of Texas during the early 20th century that began with the discovery of a large petroleum reserve near Beaumont, Texas.
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Shutdown averted. Trump says Musk can't be president. More snow expected in Northeast and Great Lakes region before Christmas. Blake Lively sues Justin Baldoni.
Chevron, the second-largest US oil company, plans to leave its historic headquarters in California and relocate to Texas over the next five years, citing increased regulations and state climate ...