PHILADELPHIA-- Brokenhearted skateboarders long banned from Philadelphia's internationally renowned shredding paradise of Love Park may have a new object of affection: Paine's Park. Paine's Park sits next to a popular exercise path along the Schuylkill River, just below the Philadelphia Art Museum.
HOUSTON-- A man accused of vandalizing a 1929 Pablo Picasso painting in a Houston museum _ an act that was caught on cellphone video _ agreed Tuesday to a two-year prison term as part of a plea deal with prosecutors.
HOUSTON-- Bristow Group Inc., which flies helicopters for energy companies, said Tuesday that it will raise its quarterly dividend by 5 cents, or 25 percent, to 25 cents. The dividend will be paid June 14 to all stockholders on May 31. Shares slipped 37 cents to $67.52 in midday trading.
HARRISBURG, Pa.-- Another natural gas exploration company says it's experimenting with the gas to power huge pump engines that drive the hydraulic fracturing process. Cabot Oil and Gas Corp. said Monday that it successfully tested an engine last month in northern Pennsylvania's Susquehanna County with gas from other wells it had already drilled.
HOUSTON, May 20- Oklahoma Gas& Electric Co, a unit of OGE Corp, has begun to assess damage to its electric grid following Monday's tornado which left a path of destruction near Oklahoma City, a spokesman said Monday evening. OG&E spokesman Brian Alford could not supply details about possible damage to OG&E's high-voltage network on Monday.
We've worked with Boeing to fix them. Smisek and Boeing CEO Jim McNerney were on the flight from Houston on Monday. Regulators grounded the Dreamliner worldwide on Jan. 16 after batteries burned on two jets, prompting Boeing to redesign the battery system.
HOUSTON-- Hercules Offshore Inc. said Monday that it will sell the bulk of its inland barge rigs as part of the oil and gas drilling company's shift to focus on more profitable parts of its business. The Houston- based company said it will sell 11 inland barge rigs, three of which are active, for $45 million.
AUSTIN, Texas-- New revisions to a major water bill calls for ousting the six-member Texas Water Development Board and its top official before the state embarks on a new $2 billion fund to provide low-interest loans for projects.
PHOENIX-- Freeport-McMoRan Copper& Gold and Plains Exploration& Production said Monday that they both will pay special one-time cash dividends when Freeport-McMoRan's acquisition of the oil and gas company closes.
LOS ANGELES, May 20- In October 2004, then California Governor Arnold Schwarzenegger rolled up to a pioneering fueling station at Los Angeles International Airport in a hydrogen-powered metallic blue Hummer loaned to him by General Motors Corp..
HOUSTON/ NEW YORK, May 20- For the past three years, the boom in the U.S. shale oil industry has outstripped all expectations. News from two of the country's less developed shale plays in Colorado and Ohio last week offer a reality check for the wave of euphoria that has washed across the industry.
HOUSTON, May 17- Independent western U.S. refiner Tesoro Corp said on Friday that it has signed a side letter agreement with California Attorney General Kamala Harris on its planned $2.4- billion purchase of BP Plc's Los Angeles- area refinery and other assets.
HOUSTON-- Southwestern Energy has closed on the purchase of about 162,000 acres of land in Pennsylvania. The Marcellus Shale, a massive underground gas reserve stretching from New York across Pennsylvania and West Virginia to Ohio. Southwestern Energy Co., based in Houston, financed the deal with existing debt.
HOUSTON-- Stage Stores' first-quarter loss widened as it spent to consolidate some facilities and, like other retailers, struggled to get shoppers out of the house and through their doors in some nasty spring weather.
*BP Arco station owners told sale could happen by June 1. HOUSTON/ WASHINGTON, May 16- Independent western U.S. refiner Tesoro Corp may take ownership of BP Plc's 240,000 barrel per day refinery in Carson, California, as early as June 1, sources familiar with the transaction said on Thursday.
HOUSTON/ MILAN, May 16- A trio of hawkish regional Federal Reserve officials are calling for the U.S. central bank to stop buying mortgage-backed bonds, citing the recent improvement in the housing market.
HOUSTON/ MILAN, May 16- A trio of hawkish regional Federal Reserve officials are calling for the U.S. central bank to stop buying mortgage-backed bonds, citing recent improvement in the housing market.
HOUSTON, May 16- Independent western U.S. refiner Tesoro Corp may take ownership of BP Plc's 240,000 barrel per day Carson, California, refinery, 800- station retail network and distribution and storage assets as early as June 1, said sources familiar with the transaction on Thursday.