Top News & Analysis Houston

  • Dec 5- A unit of Venezuela's state-run oil company PDVSA has asked a U.S. court to order two businessmen to compensate it for carrying out a "staggering" bribery scheme that cost the company $600 million in losses. A motion filed last Wednesday in federal court in Houston marked the first time PDVSA had formally intervened in the case, part of a U.S. Justice...

  • HOUSTON, Dec 5- The U.S. Army's denial of an easement for the Dakota Access Pipeline, after permitting and legal obligations were followed, sets an uncertain precedent for new projects despite President-elect Donald Trump's promise to support energy infrastructure. While most of the 1,172- mile pipeline is complete, Energy Transfer Partners, the line's owner,...

  • CANNON BALL, N.D./ WASHINGTON, Dec 4- The U.S. Army Corps of Engineers said on Sunday it turned down a permit for a controversial pipeline project running through North Dakota, in a victory for Native Americans and climate activists who have protested against the project for months. The line, owned by Texas- based Energy Transfer Partners LP, had been complete except...

  • CANNON BALL, N.D./ WASHINGTON, Dec 4- The U.S. Army Corps of Engineers said on Sunday it turned down a permit for a controversial pipeline project running through North Dakota, in a victory for Native Americans and climate activists who have protested against the project for several months. The line, owned by Texas- based Energy Transfer Partners LP, had been complete...

  • CANNON BALL, N.D./ WASHINGTON, Dec 4- The U.S. Army Corps of Engineers said on Sunday it turned down a permit for a controversial pipeline project running through North Dakota, in a victory for Native Americans and climate activists who have protested against the project for several months. The line, owned by Texas- based Energy Transfer Partners LP, had been complete...

  • San Antonio Fire Department spokesman Woody Woodward says that when the plane landed Sunday afternoon its nose gear collapsed. Skywest Airlines said Skywest Flight 5588 operating as United Express from Houston to Monterrey, Mexico, diverted to San Antonio after the crew got a gear indication. Skywest says there were 51 passengers and four crew members...

  • CAMARILLO, Calif.— The average price of regular grade gasoline is unchanged nationally over the last two weeks, holding steady at $2.20 a gallon. Lindberg says to expect higher prices after OPEC's decision to cut production. Gas in San Diego was the highest in the continental United States at $2.69 a gallon on average on Friday.

  • HOUSTON— BP PLC is moving ahead with a $9 billion oil project in the Gulf of Mexico after a cost-cutting redesign, a sign of confidence about future prices for crude. The UK- based oil giant announced it would continue with the second phase of its Mad Dog project off the Louisiana coast just a day after OPEC ministers agreed to cut production, a move that sparked a...

  • Houston oilfield services company Baker Hughes Inc. said Friday that 477 rigs sought oil and 119 explored for natural gas this week. Louisiana declined by four, Colorado and North Dakota each fell by two and Utah lost one. Alaska, Arkansas, California, Kansas, New Mexico, Ohio, Pennsylvania and West Virginia were unchanged.

  • SHANGHAI/ SHELTER ISLAND, New York, Dec 2- Thomas Benson once ran a small liberal arts college in Vermont. They recruited dozens of U.S. admissions officers to fly to China and meet in person with the companies' student clients, with the companies picking up most of the travel expenses. Among the schools that participated: Cornell University, the University of...

  • CANNON BALL, N.D., Nov 30- More than 2,000 U.S. military veterans plan to form a human shield to protect protesters of a pipeline project near a Native American reservation in North Dakota, organizers said, just ahead of a federal deadline for activists to leave the camp they have been occupying. It comes as North Dakota law enforcement backed away from a previous...

  • CANNON BALL, N.D., Nov 30- More than 2,000 U.S. military veterans plan to form a human shield to protect protesters of a pipeline project near a Native American reservation in North Dakota, organizers said. Meanwhile, North Dakota law enforcement will not make spot checks on vehicles headed to the camp where activists are based, the governor's office said on...

  • SMITHVILLE, Mo.— A fire erupted when a gas pipeline ruptured north of Kansas City, Missouri, but authorities say no one was injured. A Platte County Sheriff's Department dispatcher says the fire was reported about 6:30 p.m. Tuesday in Platte County, not far from Kansas City International Airport. Houston- based Enterprise Products Partners says it's...

  • CANNON BALL, N.D., Nov 29- North Dakota officials on Tuesday moved to block supplies from reaching oil pipeline protesters at a camp near the construction site, threatening to use hefty fines to keep demonstrators from receiving food, building materials and even portable bathrooms. Law enforcement would take a more "passive role" than enforcing a blockade, said...

  • CANNON BALL, N.D., Nov 29- North Dakota officials on Tuesday moved to block supplies from reaching oil pipeline protesters at a camp near the construction site, threatening to use hefty fines to keep demonstrators from receiving such critical supplies as food, building materials and even portable bathrooms. Law enforcement would take a more "passive role" than...

  • CANNON BALL, N.D., Nov 29- North Dakota officials on Tuesday backed away from plans to physically block supplies from reaching oil pipeline protesters at a camp near the construction site, saying they will instead use financial deterrents to prevent food and building materials from coming in. Earlier on Tuesday, Maxine Herr, a spokeswoman for the Morton County...

  • Brokers pointed to record volumes in call options that allow the holder to buy January futures at $60 per barrel, as a sign that some market participants were expecting a significant rally if members of the Organization of the Petroleum Exporting Countries agree on a deal. OPEC said in September it aimed to cut crude output to 32.5 million to 33 million barrels...

  • CANNON BALL, N.D., Nov 29- North Dakota state officials on Tuesday backed away from plans to block supplies from reaching protesters at a camp near the construction site of an oil pipeline project after the governor's office said no such action was planned. Earlier on Tuesday, Maxine Herr, a spokeswoman for the Morton County Sheriff's Department, said food,...

  • LONDON, Nov 29- UK- based law firm Eversheds is in merger talks with U.S. peer Sutherland Asbill& Brennan in the latest attempt by the British firm to secure a U.S. tie-up. Eversheds' Chief Executive Bryan Hughes outlined plans in 2012 to become a "global leader" by 2020, partly to better serve the global needs of clients, and the firm has been openly keen to clinch a U.S....

  • NEW YORK, Nov 29- At least four U.S. agencies are investigating former officials of a now-bankrupt oil and gas company once majority owned by troubled hedge fund manager Platinum Partners, according to a legal filing submitted last week. Attorney's office in Brooklyn, New York, the U.S. Securities and Exchange Commission, the Internal Revenue Service, and the U.S....