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Top News & Analysis Texas

  • HOUSTON/ PUNTO FIJO, Venezuela, Jan 26- More than 4 million barrels of Venezuelan crude and fuels are sitting in tankers anchored in the Caribbean sea, unable to reach their final destination because state-run PDVSA cannot pay for hull cleaning, inspections, and other port services, according to internal documents and Reuters data. Dirty tankers are the latest of...

  • The three kitchen facilities are in Everett, Massachusetts, Landover, Maryland and Atlanta, a company spokeswoman said in an emailed statement. In June, U.S. food safety regulators warned the grocer that inspections at its Everett plant turned up violations that could result in food being "contaminated with filth or rendered injurious to health."

  • Jan 25- Share prices surged on Wednesday for U.S. companies that could benefit from U.S. President Trump's plans to push ahead with a border wall with Mexico and his approval of key energy pipeline expansion projects. "It seems clear that there's guys putting on trades related to the wall," said Adam Thalhimer, analyst at Thompson, Davis& Company.

  • NEW YORK, Jan 25- BNSF Railway Co will start offering discounts to ethanol shippers this April if they agree to use new, safer train cars, as it pushes to scrub puncture-prone ones from its rail lines at a faster pace than required by U.S. regulations. There were 35,252 tank cars hauling ethanol in September, and 84 percent, or 29,597, were DOT 111 s, according to the...

  • President Donald Trump has threatened to scrap the move to normalize relations between Washington and Havana, one of former President Barack Obama's signature foreign policy initiatives, if he doesn't get a better deal. "We're hopeful that when the Trump Administration conducts a thorough review of U.S.- Cuba policy, they will see how enhanced cooperation...

  • Shares of New York- based Hess fell about 0.7 percent to $57.12 in morning trading, in line with a dip in oil prices. Gulf of Mexico, Thailand and Guyana. Net loss attributable to Hess in the fourth quarter of 2016 widened to $4.89 billion, or $15.65 per share, from $1.82 billion, or $6.43 per share, a year earlier.

  • VIENNA, Jan 25- Russian state-controlled gas producer Gazprom expects Donald Trump's election as U.S. president, Brexit and upcoming elections in France and Germany to improve Western attitudes towards Moscow, Gazprom's deputy head Alexander Medvedev said. Some observers in Moscow also see changing attitudes towards Russia in Europe following the wave of...

  • Oil producers in Canada and North Dakota are expected to benefit from a quicker route for crude oil to U.S. Gulf Coast refiners. Before taking office he said the Dakota pipeline should be completed and that he would revive the C $8 billion Keystone XL project, which was rejected in 2015 by then-President Barack Obama. Even though Canada is already the biggest...

  • Oil producers in Canada and North Dakota are expected to benefit from a quicker route for crude oil to U.S. Gulf Coast refiners. Before taking office he said the Dakota pipeline should be completed and that he would revive the C $8 billion Keystone XL project, which was rejected in 2015 by then-President Barack Obama. Even though Canada is already the biggest...

  • Former Republican U.S. presidential candidate Senator Ted Cruz speaks during the third night of the Republican National Convention in Cleveland, Ohio.

    Texas Sen. Ted Cruz and Rep. Ted Poe reintroduced a controversial bill that allows governors to bar refugees from entering their state, The Hill reports.

  • Jan 24- Plains All American Pipeline LP said it would buy a crude oil gathering system in the Permian Basin for about $1.22 billion, bolstering its presence in the top U.S. oil field. In a separate deal, Targa Resources Corp said it would buy Outrigger Energy's assets in the Delaware and Midland basins, two of the main portions of the Permian Basin, for up to $1.5...

  • Oil producers in Canada and North Dakota are expected to benefit from a quicker route for crude oil to U.S. Gulf Coast refiners. Before taking office he said the Dakota pipeline should be completed and that he would revive the C $8 billion Keystone XL project, which was rejected in 2015 by then-President Barack Obama. Even though Canada is already the biggest...

  • Jan 24- A U.S. judge overseeing the bankruptcy of Linn Energy LLC said on Tuesday he is prepared to confirm its restructuring plan with slight tweaks, backing the oil-and-gas producer's goal of shedding $5.5 billion in debt and splitting into two companies. Bankruptcy Judge David Jones at the end of a hearing in Houston congratulated Linn's legal team and...

  • WASHINGTON, Jan 24- Oil companies Shell and Phillips 66 together bought 6.4 million barrels of oil last week from the Strategic Petroleum Reserve, according to a Department of Energy document released on Tuesday. The federal government held the sale to fund a revamp of the emergency oil stash, which is stored in salt caverns in Louisiana and Texas along the Gulf...

  • While oil producers in Canada and North Dakota are expected to benefit from a quicker route for crude oil to U.S. Gulf Coast refiners, going ahead with the projects would mark a bitter defeat for Native American tribes and climate activists, who vowed to fight the decisions through legal action. The application will be reviewed by the U.S. State Department, which...

  • WASHINGTON, Jan 24- Oil companies Shell and Phillips 66 bought more than 6 million barrels of oil last week from the Strategic Petroleum Reserve, according to a Department of Energy document released on Tuesday. Shell bought 6.2 million barrels of oil and Phillips 66 bought 200,000 barrels on Jan. 18, said the department document, seen by Reuters.

  • *Dakota pipeline would boost capacity out of North Dakota. While oil producers in Canada and North Dakota are expected to benefit from a quicker route for crude oil to U.S. Gulf Coast refiners, a revival of the projects would mark a bitter defeat for Native American tribes and climate activists, who vowed to fight the decisions through legal action.

  • WASHINGTON, Jan 24- A leading Republican lawmaker warned on Tuesday that Congress will not be able to lower the U.S. corporate tax rate to the 15 to 20 percent range sought by President Donald Trump unless a controversial "border adjustment" proposal remains part of tax reform. Escalating the war of words over a measure opposed by retailers, oil refiners and...

  • *Dakota pipeline would boost capacity out of North Dakota. While oil producers in Canada and North Dakota are expected to benefit from a quicker route for crude oil to U.S. Gulf Coast refiners, a revival of the projects would mark a bitter defeat for Native American tribes and climate activists, who vowed to fight the decisions through legal action.

  • The company's shares rose as much as 5.88 percent, their biggest intraday percentage jump since Nov. 10, 2015. Orders, an indicator of future revenue for homebuilders, rose 14.6 percent to 9,241 homes in the first quarter ended Dec. 31, D.R. The average selling price for the quarter was $297,000, up 2 percent from a year earlier, the company said.