Top News & Analysis Texas

  • The FAA on Friday ordered Boeing Chief Executive Dennis Muilenburg to give an "immediate" explanation for the delay in turning over the "concerning" document, which Boeing discovered some months ago. In the messages from November 2016, then-chief technical pilot Mark Forkner tells a colleague the so-called MCAS anti-stall system- the same one linked to deadly...

  • NEW YORK, Oct 18- Former Vice President Joe Biden expanded his lead over more than a dozen other candidates for the Democratic presidential nomination this month as Congress looked into allegations that U.S. Senator Bernie Sanders of Vermont and 15% said they would back U.S. Senator Kamala Harris and former Texas congressman Beto O'Rourke both received 3%.

  • HOUSTON, Oct 18- Carlyle Group said on Friday it had dropped out as a stakeholder in Lone Star Ports LLC, which proposed a $1 billion crude oil export terminal near Corpus Christi, Texas. Carlyle said in a statement Berry Group was "now the sole owner of Lone Star," but did not comment on why it dropped out of the project, which it said continues to be actively developed.

  • HOUSTON, Oct 18- Carlyle Group has dropped out as a stakeholder in Lone Star Ports LLC, which proposed a $1 billion crude oil export terminal near Corpus Christi, Texas, a port official said on Friday. Sean Strawbridge, chief executive of the Port of Corpus Christi, said Carlyle notified the port on Oct. 8 it would no longer proceed with its investment.

  • HOUSTON, Oct 18- Carlyle Group has exited its equity position in Lone Star Ports LLC, which proposed a $1 billion crude oil export terminal near Corpus Christi, Texas, a port official said on Friday. Sean Strawbridge, chief executive of the Port of Corpus Christi, said Carlyle notified the port on Oct. 8 it would no longer proceed with its investment.

  • HOUSTON, Oct 18- Carlyle Group has exited its equity position in Lone Star Ports LLC, which proposed a $1 billion crude oil export terminal near Corpus Christi, Texas, a port official said on Friday. Sean Strawbridge, chief executive of the Port of Corpus Christi, said Carlyle notified the port on Oct. 8 it would no longer proceed with its investment.

  • CARLYLE GROUP TO QUIT $1 BILLION CRUDE OIL EXPORT TERMINAL AT CORPUS CHRISTI, TEXAS- PORT OFFICIAL.

  • NEW YORK/ MEXICO CITY, Oct 18- Mexico's new crude oil formulas that underpin its export sales and oil hedging program highlight the growing reach of U.S. crude exports and Mexico's decision to rely on more liquid, heavily-traded international contracts. Pemex sets formulas that dictate the price at which Mexico's crude is sold worldwide. The new formulas also...

  • LA CAGNADA DE URDANETA, Venezuela, Oct 18- With the $2 he earns in wages each week working as a cargo driver for Venezuelan state oil company PDVSA, 56- year-old Freddy Brito cannot even afford to buy one kilogram of cheese. But Chevron's future in Venezuela now depends on U.S. President Donald Trump, who must decide...

  • Oct 18- Wall Street struggled for direction on Friday as upbeat earnings reports calmed nerves about the global economy after China expanded at its weakest pace in almost 30 years, with Johnson& Johnson also weighing on the blue-chip Dow index. Investors are closely tracking the health of the world's second-largest economy as the bitter trade war with the...

  • Oct 18- Wall Street was set to open flat on Friday, as upbeat earnings reports calmed nerves about the global economy after China expanded at its weakest pace in almost 30 years. Investors are closely watching the health of the world's second-largest economy as the prolonged trade war with the United States fuels fears about a global recession.

  • Oct 18- Schlumberger NV beat Wall Street estimates for profit on Friday, in the first quarter under Olivier Le Peuch, as higher international drilling activity boosted demand for its equipment and services and helped counter weakness in North America. The charge also included $1.58 billion linked to the company's pressure pumping business in North America.

  • Oct 18- Schlumberger NV beat Wall Street estimates for quarterly profit on Friday, as higher drilling activity in international markets boosted demand for its equipment and services and offset weakness in North America. Schlumberger, an industry bellwether, said revenue from its international business rose 8% to $5.63 billion in the third quarter, while...

  • HOUSTON, Oct 16- Kinder Morgan Inc expects to bring the remaining nine units of its liquefied natural gas export facility at Elba Island into service by the first half of next year, Chief Executive Officer Steven Kean said on Wednesday. The first unit of Kinder Morgan's Elba Island facility began producing LNG natural gas for export last month, and is one of...

  • HOUSTON, Oct 16- Kinder Morgan Inc expects to bring the remaining nine units of its liquefied natural gas export facility at Elba Island into service by the first half of next year, Chief Executive Officer Steven Kean said on Wednesday.

  • HOUSTON, Oct 16- Oil rose about 1.4% on Wednesday, gaining support due to signs that OPEC and allied producers will continue to curb supplies in December, a weaker U.S. dollar and as traders covered short positions ahead of an industry report on U.S. crude inventories. Market participants believe the group known as OPEC+ could decide to extend production cuts "and...

  • HOUSTON, Oct 16- Oil rose about 1.4% on Wednesday, gaining support due to signs that OPEC and allied producers will continue to curb supplies in December, a weaker U.S. dollar and as traders covered short positions ahead of an industry report on U.S. crude inventories. Market participants believe the group known as OPEC+ could decide to extend production cuts "and...

  • *OPEC signals on further oil-supply curbs lend support. HOUSTON, Oct 16- Oil rose above $59 a barrel on Wednesday, gaining support due to signs that OPEC and allied producers will make further curbs to oil supply in December, and as traders covered short positions ahead of an industry report on U.S. crude inventories. Market participants believe the group known as...

  • LONDON, Oct 15- U.S. oil and gas employment has started to fall as the sector contracts in response to lower prices over the last year and further job losses are likely in the next few months as the rate of well drilling declines further. The impact was felt intensively in some local areas especially those overlaying the oil- and gas-rich Permian Basin in western...

  • Oct 15- Oil and gas producer Occidental Petroleum nudged its estimate for third-quarter production higher on Tuesday, helped by fewer shutdowns in Colorado's DJ basin and strong performance in its Permian Resources unit. Houston, Texas- based Occidental also said https://www.sec.gov/ix? doc=/ Archives/edgar/data/797468/000114036119018395/form8k. h t m...