GO
Loading...

Houston

More

  • The train originated in North Dakota and was bound for Tesoro Corp's 120,000 barrel-per-day Anacortes oil refinery, 80 miles north of the city, Tesoro confirmed.

  • Noble Energy 2Q profit falls 49 percent Thursday, 24 Jul 2014 | 11:23 AM ET

    HOUSTON— Noble Energy Inc. on Thursday reported earnings that decreased by 49 percent in its second quarter, and beat analysts' expectations. The Houston- based company said net income fell to $192 million, or 52 cents per share, from $377 million, or $1.04 per share, in the same quarter a year ago.

  • Breitburn buying QR Energy in $1.46 billion deal Thursday, 24 Jul 2014 | 7:02 AM ET

    HOUSTON— Breitburn Energy is buying QR Energy LP in a deal worth about $1.46 billion. QR unitholders will receive approximately 72 million common units of Breitburn Energy Partners LP, or 0.9856 of a Breitburn unit, for each unit of QR Energy that they own. Shares of Houston's QR Energy rose more than 8 percent before the opening bell Thursday.

  • Texas governor's startup fund is not all it seems Thursday, 24 Jul 2014 | 2:36 AM ET

    A few have forfeited their right to do business in Texas by not filing tax reports. Perry, the longest-serving governor in Texas history and a possible 2016 presidential candidate, has for several years travelled the country extolling the strength of the Texas economy and bragging about his efforts to bring new investment to the state, including the tech fund.

  • Cruise passengers recount horror stories to Senate Wednesday, 23 Jul 2014 | 8:14 PM ET

    WASHINGTON— Laurie Dishman told senators through tears Wednesday that she was choked and raped on a Royal Caribbean cruise by one of the line's employees, using her experience to shed light on the dangers that passengers might face on cruises.

  • HOUSTON, July 23- A top U.S. railcar maker, The Greenbrier Companies Inc, said on Wednesday a two-year timeline to retire older railcars that carry dangerous flammable liquids, including North Dakota Bakken crude, is "aggressive" but can be done.

  • *U.S. crude stocks down 4 mln barrels, Cushing down 1.4- EIA. NEW YORK, July 23- Crude oil futures rose on Wednesday, as oil stockpiles in the United States fell more than expected and geopolitical tensions in Eastern Europe and the Middle East persisted.

  • CALGARY, Alberta, July 22- Canada's largest pipeline company Enbridge Inc may build a 140,000 barrel per day unit train unloading terminal in Pontiac, Illinois, to relieve congestion on its crude oil export network.

  • Halliburton 2Q profit rises, boosts buyback Monday, 21 Jul 2014 | 7:51 AM ET

    HOUSTON— Halliburton Co. said Monday that its second-quarter earnings rose 20 percent, and it raised its share buyback authorization to $6 billion. The Houston- based company, which provides drilling services to oil and gas operators, earned $774 million, or 91 cents per share, for the period ended June 30.

  • Project at Ky. coal plant to catch carbon dioxide Monday, 21 Jul 2014 | 3:02 AM ET

    HARRODSBURG, Ky.— Political leaders and researchers say a new project to capture carbon dioxide at a central Kentucky power plant is a crucial step to continue burning coal for electricity in a time of tougher environmental regulations.

  • VANCOUVER, Washington, July 21- California's chance to keep a lid on some of the nation's highest gas prices and join in the spoils of a domestic oil production boom is threatened by quickly growing opposition to a rail terminal in Washington state.

  • NEW YORK, July 18- Brent and U.S. crude eased at midday on Friday after sharp gains sparked by heightened geopolitical risk from the downing of a Malaysian jetliner over eastern Ukraine and as Israeli ground troops advanced into Gaza.

  • NEW YORK, July 18- Brent and U.S. crude eased at midday on Friday after sharp gains sparked by heightened geopolitical risk from the downing of a Malaysian jetliner over eastern Ukraine and as Israeli ground troops advanced into Gaza.

  • NEW YORK, July 18- After more than a year of scaling back in commodities, Morgan Stanley is ready to expand. For example, Morgan Stanley is looking at making more loans to energy producers and sell more commodity-linked products to retail investors, the sources told Reuters. Commodities trading was big for Morgan Stanley before the financial crisis.

  • North Texas storms blamed for rain, travel delays Friday, 18 Jul 2014 | 7:18 AM ET

    The National Weather Service issued a flash flood watch through Friday afternoon for the Dallas-Fort Worth area and points north, including Denton, Gainesville, Sherman and Denison.

  • Schlumberger 2Q profit drops 24 percent Thursday, 17 Jul 2014 | 4:59 PM ET

    HOUSTON— Schlumberger NV on Thursday reported profit that declined by 24 percent in its second quarter, and beat analysts' expectations. The Houston- based company said earnings decreased to $1.6 billion, or $1.21 per share, from $2.1 billion, or $1.57 per share, in the same quarter a year ago.

  • SAN FRANCISCO, July 17- U.S. crude oil jumped by as much as $2 Thursday after a Malaysian airliner crashed over eastern Ukraine on the heels of fresh U.S. sanctions on Russia that had raised geopolitical concerns.

  • *U.S. sanctions on Russia add risk premium to crude. SAN FRANCISCO, July 17 (Reuters)- U.S. crude oil jumped by more than $1 on Thursday after tougher U.S. sanctions on Russia raised geopolitical concerns and the prospect of increased European demand for refined products from the United States.

  • United defends bird kill at Houston airport Wednesday, 16 Jul 2014 | 6:55 PM ET

    DALLAS— United Airlines is defending the poisoning of birds at Houston's biggest airport, saying it was done for health and safety reasons. The bait manufacturer, Avitrol Corp., says a lethal dosage causes birds to show distress— including alarm cries and trembling— that frightens away other birds.

  • Ex-prosecutor asks for pardon in fatal GM crash Wednesday, 16 Jul 2014 | 5:55 PM ET

    HOUSTON— A former Texas prosecutor has asked the state to pardon a woman who pleaded guilty in a 2004 car crash that killed her fiance, saying she now believes the accident was caused by a faulty General Motors ignition switch.