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Top News & Analysis Houston

  • LINCOLN, Neb./ CALGARY, Alberta, Nov 20- Nebraska regulators approved a route for TransCanada Corp's Keystone XL pipeline through the state on Monday, removing a big regulatory obstacle for the long-delayed project backed by President Donald Trump, but leaving its future shrouded in legal and market uncertainty. The 3-2 vote by the Nebraska Public Service...

  • Nov 20- Hundreds of victims of the Oct. 1 mass shooting in Las Vegas filed five lawsuits on Monday in a California court against the operators of the hotel from which the gunman fired, the organizers of the country music festival he targeted and the killer's estate. Muhammad Aziz, a Houston- based lawyer heading the lawsuits, said they were filed in California...

  • LINCOLN, Neb./ CALGARY, Alberta, Nov 20- Nebraska regulators approved a route for TransCanada Corp's Keystone XL pipeline through the state on Monday, removing a big regulatory obstacle for the long-delayed project backed by President Donald Trump, but leaving its future shrouded in legal and market uncertainty. The 3-2 vote by the Nebraska Public Service...

  • HOUSTON/ DUBAI, Nov 20- As Venezuela's dilapidated energy sector struggles to pump enough crude oil to meet the country's OPEC output target, rival producers within the exporters group have started to plug the gap, OPEC and industry sources said. Some OPEC members expect the fall to accelerate in 2018, reaching at least 300,000 bpd, OPEC sources said.

  • It's the last major regulatory hurdle facing project operator TransCanada Corp.. The Nebraska Public Service Commission's ruling is on the Nebraska route TransCanada has proposed to complete the $8 billion, 1,179- mile pipeline to deliver oil from Alberta, Canada, to Texas Gulf Coast refineries. The proposed Keystone XL route would cross parts of Montana,...

  • HOUSTON/ DUBAI, Nov 20- As Venezuela's dilapidated energy sector struggles to pump enough crude oil to meet the country's OPEC output target, rival producers within the exporters group have started to plug the gap, OPEC and industry sources said. Some OPEC members expect the fall to accelerate in 2018, reaching at least 300,000 bpd, OPEC sources said.

  • It's the last major regulatory hurdle facing project operator TransCanada Corp.. The Nebraska Public Service Commission's ruling is on the Nebraska route TransCanada has proposed to complete the $8 billion, 1,179- mile pipeline to deliver oil from Alberta, Canada, to Texas Gulf Coast refineries. The proposed Keystone XL route would cross parts of Montana,...

  • HOUSTON _ PrimeEnergy Corp. on Friday reported a third-quarter loss of $2 million, after reporting a profit in the same period a year earlier. The Houston- based company said it had a loss of $1.22 per share. PrimeEnergy shares have declined roughly 7 percent since the beginning of the year.

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

  • WASHINGTON, Nov 16- From Pataskala, Ohio, to Conroe, Texas, local government leaders worry that if Republican tax-overhaul plans moving through the U.S. Congress become law, it will be harder for them to pave streets, put out fires, fight crime and pay teachers. The proposed repeal of the state and local tax deduction is part of an "assault on local governments" by...

  • CARACAS, Nov 16- Venezuela's cash-strapped leftist government has defaulted on sovereign debt and bonds issued by state oil firm PDVSA after failing to make timely payments, a New York- based derivatives group ruled on Thursday. But investors said they did not expect a significant market reaction from the ISDA decision, given that Venezuela is making efforts...

  • WASHINGTON, Nov 16- From Pataskala, Ohio, to Conroe, Texas, local government leaders worry that if Republican tax-overhaul plans moving through the U.S. Congress become law, it will be harder for them to pave streets, put out fires, fight crime and pay teachers. The proposed repeal of the state and local tax deduction is part of an "assault on local governments" by...

  • CARACAS, Nov 16- Venezuela's cash-strapped leftist government has defaulted on sovereign debt and bonds issued by state oil firm PDVSA after failing to make timely payments, a New York- based derivatives group ruled on Thursday. But investors said they did not expect a significant market reaction from the ISDA decision, given that Venezuela is making efforts...

  • DALLAS— The county that's home to Houston has asked a state court to order safeguards and fine the owner of a chemical plant that partially exploded during Hurricane Harvey. In a lawsuit filed Thursday, the Harris County Attorney's Office says Arkema Inc.' s facility in Crosby violated Texas environmental laws by releasing toxic chemicals during flooding and...

  • *OPEC expected to extend cuts at Nov 30 meeting. NEW YORK, Nov 16- Oil prices ended lower again on Thursday on increased concerns about growth in U.S. production and inventories, despite expectations that major world producers will extend a supply-cut deal later this month. Expectations that the Organization of the Petroleum Exporting Countries will agree to...

  • HOUSTON _ Stage Stores Inc. on Thursday reported a loss of $17.7 million in its fiscal third quarter. On a per-share basis, the Houston- based company said it had a loss of 64 cents. Stage Stores expects full-year results to range from a loss of $1.25 per share to a loss of 90 cents per share.

  • Nov 15- AT&T Inc on Wednesday said that some U.S. customers were not able to make wireless calls but that restarting their cellphones would fix the issue. DownDetector.com, which monitors outages, said customers across the country reported outages, including in Houston, New York and San Francisco. According to DownDetector.com, customers reported more than...

  • NEW YORK- Bank of Canada Senior Deputy Governor Carolyn Wilkins will give a speech at Money Marketeers of New York University Inc- 0000 GMT. LJUBLJANA- ECB Governing Council member Bostjan Jazbec speaks at an investment conference- 0800 GMT. LIVERPOOL- Bank of England Governor Mark Carney, Bank of England Deputy Governor for Monetary Policy Ben Broadbent, Bank of...

  • NEW YORK- Bank of Canada Senior Deputy Governor Carolyn Wilkins will give a speech at Money Marketeers of New York University Inc- 0000 GMT. LJUBLJANA- ECB Governing Council member Bostjan Jazbec speaks at an investment conference- 0800 GMT. LIVERPOOL- Bank of England Governor Mark Carney, Bank of England Deputy Governor for Monetary Policy Ben Broadbent, Bank of...

  • HOUSTON, Nov 15- Libya's National Oil Corp plans to open a U.S. procurement office, its first international facility since a 2011 revolt left the country in disarray, to expand suppliers and convince the Trump administration to support its oil sector. "It is very important to us," Sanalla said in a telephone interview from Washington. Production partners including...