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  • TX-based co. drills exploratory well in NY shale Thursday, 11 Oct 2012 | 8:59 AM ET

    OWEGO, N.Y.-- A Texas company has begun drilling a vertical well to explore the potential of the Marcellus Shale natural gas formation, joining about a dozen others probing the potentially lucrative rock beneath New York's southern tier. Carizzo Oil& Gas of Houston recently started digging its first well north of the Tioga County village of Owego.

  • Oct 11- Devon Energy Corp:. *Will close its office in Houston. *Reorganization charges are expected to approximate $125 million, with $100.

  • Man with assault rifle robs Houston-area Tiffany's Thursday, 11 Oct 2012 | 7:12 AM ET

    THE WOODLANDS, Texas-- Investigators say a man with an assault rifle has robbed a Houston- area Tiffany& Co. store and fled with some expensive jewelry. The Montgomery County Sheriff's Office on Thursday worked to identify the suspect, whose image has been captured on store surveillance video.

  • *Turkey warns Syria about cross-border shelling. Oil markets, which have been balancing concerns of lower global fuel demand against the risk of supply disruptions in the Middle East and loading delays of crude from the North Sea, also.

  • PORTLAND, Ore., Oct 10- Lawyers for 12 Oregon National Guardsmen suing contractor KBR Inc for negligence and fraud told a jury in Portland, Oregon on Wednesday that the soldiers were knowingly exposed to toxic chemicals in Iraq that made them ill.

  • BRIEF-GASFRAC provides operational review update Wednesday, 10 Oct 2012 | 6:18 PM ET

    Oct 10- Gasfrac Energy Services Inc:. *Overhead staffing in the Houston office has been reduced from 16 to a sales. *Sees revenue for Q3 to be approximately $40 million with approximately $25.

  • *Turkey warns Syria about cross-border shelling. Oil markets, which have been balancing concerns of lower global fuel demand against the risk of supply disruptions in the Middle East and loading delays of crude from the North Sea, also.

  • *Turkey warns Syria about cross-border shelling. Oil markets, which have been balancing concerns of lower global fuel demand against the risk of supply disruptions in the Middle East and loading delays in crude from the North Sea, were also closely watching forecasts from the U.S. government and the Organization of the Petroleum Exporting Countries.

  • Endeavour Intl. prices offering of $54M in notes Wednesday, 10 Oct 2012 | 3:31 PM ET

    HOUSTON-- Endeavour International Corp. on Wednesday priced its private offering of an additional $54 million of its 12 percent first priority notes due 2018.. The Houston oil and gas company said the notes were priced at 109 percent of par, at a yield worst of 9.436 percent. Endeavor shares fell 53 cents, or 5.7 percent, to $8.83 in afternoon trading.

  • DeLay attorneys: Ex-GOP star didn't launder money Wednesday, 10 Oct 2012 | 1:52 PM ET

    House Majority Leader Tom DeLay told an appeals court Wednesday that the onetime GOP heavyweight's efforts to influence Texas elections may have been distasteful but weren't illegal.

  • CAPE CANAVERAL, Fla., Oct 10- Astronauts plucked a commercial cargo ship from orbit on Wednesday and attached it to the International Space Station, marking the reopening of a U.S. supply line to the orbital outpost following the space shuttles' retirement last year.

  • SpaceX cargo ship reaches International Space Station Wednesday, 10 Oct 2012 | 9:07 AM ET

    CAPE CANAVERAL, Fla., Oct 10- Astronauts aboard the International Space Station plucked a commercial cargo ship from orbit on Wednesday, a key maneuver in the first U.S. supply run to the orbital outpost since the retirement of the cargo-hauling space shuttles last year.

  • Airline passenger charged in Houston heroin case Wednesday, 10 Oct 2012 | 7:24 AM ET

    HOUSTON-- An airline passenger who says she's a law school student from Mexico has been arrested in a Texas heroin smuggling case. Federal prosecutors in Houston on Tuesday announced the arrest of 21- year-old Yessica Chanel Cabanillas-Torres, who remains in custody pending a detention hearing.

  • *Richmond outage cut Chevron's 3rd quarter 2012 output. HOUSTON, Oct 9- Chevron Corp said on Tuesday the central crude oil refining unit at its 245,000 barrel-per-day Richmond, California, refinery would remain shut for the rest of the year.

  • *Richmond outage cut Chevron's 3rd quarter 2012 output. HOUSTON, Oct 9- Chevron Corp said on Tuesday the central crude oil refining unit at its 245,000 barrel-per-day Richmond, California, refinery would remain shut for the rest of the year.

  • HOUSTON, Oct 9- Chevron Corp said on Tuesday that the central crude oil refining unit at its 245,000 barrel-per-day Richmond, California, refinery would remain shut through the rest of the year.

  • *Terms of the deal with Phillips 66 not disclosed* Terminal has 5 million barrels of storage capacity* It is located 80 miles east of New York Harbor.

  • HOUSTON Oct 9- Marathon Petroleum Corp and Harvest Pipeline Company said on Tuesday they have agreed to jointly build a truck-to-barge system on the Ohio River to transport crude oil produced in the Utica shale oil play to refineries for processing.

  • *Alcoa settlement also includes alumina supply contracts. DUBAI, Oct 9- Alcoa Inc will pay $85 million in cash and enter long-term raw material supply contracts with Aluminum Bahrain to settle the Bahraini firm's racketeering and fraud lawsuit against Alcoa, the companies said on Tuesday.

  • NEW YORK, Oct 9- United Refining Inc has agreed to buy Phillips 66' s marine terminal and associated assets near New York Harbor, a deal that will add a five-million-barrel oil storage facility to the company's northeast assets, the two companies said on Tuesday.