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Top News & Analysis Houston

  • THUNDER HORSE OIL PLATFORM, Gulf of Mexico, June 27- A bout 300 BP workers commute 150 miles here by helicopter, from the Louisiana coast to a deep-sea drilling platform that can produce more oil in a day than a West Texas rig can pump in a year. This is just one of the four Gulf of Mexico platforms on which BP has staked its future in U.S. oil production.

  • THUNDER HORSE OIL PLATFORM, Gulf of Mexico, June 27- A bout 300 BP workers commute 150 miles here by helicopter, from the Louisiana coast to a deep-sea drilling platform that can produce more oil in a day than a West Texas rig can pump in a year. This is just one of the four Gulf of Mexico platforms on which BP has staked its future in U.S. oil production.

  • CORPUS CHRISTI, Texas— Authorities say a Southwest Airlines flight from Los Angeles to Houston was diverted after a passenger became disruptive and attempted to open an exterior door while the plane was in the air. Southwest Flight 4519 was diverted Sunday to the Texas Gulf coast city of Corpus Christi where the passenger was removed. John Hyland, chief of...

  • NEW YORK— A U.S. government lawyer told jurors Monday that a monthlong trial has revealed the secret long-time owner of a Manhattan skyscraper: Iran. Attorney Michael Lockard expressed confidence that the government had proven through witness testimony, documents and other evidence in Manhattan federal court that the Alavi Foundation must give up its 60...

  • Among major oil- and gas-producing states, Oklahoma added five rigs, North Dakota increased by three rigs, Louisiana gained two and California and Colorado were up one each. Alaska declined by two while New Mexico and Utah declined by one apiece. Arkansas, Kansas, Ohio, Pennsylvania, Texas, West Virginia and Wyoming were unchanged.

  • CORPUS CHRISTI, Texas— An ex-leader of a failed project to build a South Texas power plant must serve two years in prison after prosecutors say he embezzled $1.5 million from the company. Former Chase Power Development CEO John David Upchurch of Spring was sentenced Thursday by a federal judge in Houston. Prosecutors say Upchurch, who was hired in 2008,...

  • IOWA CITY, Iowa— The Iowa Supreme Court on Friday overturned the conviction of a lottery employee implicated in a nationwide cheating scandal, saying his trial over a rigged $16.5 million jackpot was tainted by unjustified delays in the investigation. The deal requires Tipton to plead guilty in Iowa to ongoing criminal conduct for his efforts to rig other...

  • ConocoPhillips says that sensors scattered across its well fields helped it halve the time it once took to drill new wells in Eagle Ford shale basin of South Texas. By comparing data from hundreds of sensors, its program automatically adjusts the weight placed on a drill bit and its speed, accelerating the extraction of oil, said Matt Fox, ConocoPhillips'...

  • Flooding and road closures stretched from east Texas into northwestern Florida after Cindy made landfall early on Thursday near the Louisiana- Texas border and weakened to a tropical depression, the National Weather Service said. At least two tornadoes were reported near Birmingham, Alabama, destroying several buildings and injuring at least four people,...

  • CALGARY, Alberta, June 22- Four of Canada's biggest banks are the largest providers of C $5.5 billion in credit for Kinder Morgan Canada Ltd's Trans Mountain pipeline expansion project, the company said in regulatory filings on Thursday. Along with 20 other banks backing the expansion, they are expected to face increasing pressure from environmental and...

  • June 22- A tropical depression formerly known as Tropical Storm Cindy caused flooding on Thursday in several U.S. southeastern states, spawned a tornado that injured four people in Alabama, and cut 16 percent of Gulf of Mexico oil production. Cindy was a tropical storm when it made landfall near the Louisiana- Texas border about 3 a.m. CT Thursday, then weakened as...

  • June 22- A tropical depression formerly known as Tropical Storm Cindy caused flooding on Thursday in several U.S. southeastern states, spawned a tornado that injured four people in Alabama, and cut 16 percent of Gulf of Mexico oil production. Cindy was a tropical storm when it made landfall near the Louisiana- Texas border about 3 a.m. CT Thursday, then weakened as...

  • NEW YORK, June 22- The operator of the biggest U.S. fuel pipeline system said on Thursday demand to transport gasoline to the country's populous northeast is the weakest in six years, the latest symptom of a global oil market grappling with oversupply. Benchmark U.S. gasoline prices led the energy complex higher and were up about 2.1 percent shortly after midday,...

  • NEW YORK, June 22- The operator of the biggest U.S. fuel pipeline system said on Thursday demand to transport gasoline to the country's populous northeast is the weakest in six-years, the latest symptom of a global oil market grappling with oversupply. The summer is typically when gasoline demand peaks in the world's biggest oil consuming country as motorists...

  • June 22- Tropical storm Cindy moved inland near the Louisiana- Texas border on Thursday morning, bringing heavy rainfall and life-threatening conditions over the northern Gulf Coast, the U.S. National Hurricane Center said. "Life-threatening" flash flooding was possible as the storm could drop three to six inches of rain and as much as 12 inches in some parts of...

  • FORT WORTH, Texas— American Airlines will change uniform suppliers after employees complained the uniforms were causing reactions from hives to wheezing. American told employees Wednesday that it will not renew a contract with Twin Hill, a division of Houston- based Tailored Brands Inc., when the deal expires in 2020.. Fort Worth- based American Airlines Group...

  • NEW YORK, June 21- Oil prices fell about 3 percent to a 10- month low in heavy trading on Wednesday, as nagging fears about the global crude glut fed a sell-off that was interrupted only briefly after news of a larger-than-expected drop in U.S. inventories. "The market wants proof that OPEC cuts are shifting petroleum balances, and it's not getting it.

  • LANSING, Mich.— A company hired to analyze the worst-case scenario of an oil pipeline failure in the Straits of Mackinac has been fired because of a conflict of interest with Enbridge Energy, the state of Michigan announced Wednesday. An employee on the project subsequently worked on another project for Enbridge, which owns Line 5 in northern Michigan.

  • June 20- Communities and oil refining and production facilities from Texas to Florida braced on Tuesday for potential disruptions as Tropical Storm Cindy strengthened over the U.S. On the forecast track, the center of Cindy will approach the coast of southwest Louisiana and southeast Texas late Wednesday, and move inland over southeastern Texas on Thursday,...

  • June 20- Communities and oil refining and production facilities from Texas to Florida braced on Tuesday for potential disruptions as Tropical Storm Cindy meandered over the U.S. It was expected to approach the coast of southwest Louisiana late Wednesday and move inland over western Louisiana and eastern Texas on Thursday. "The winds aren't looking to get...