×

Top News & Analysis Texas

  • 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,...

  • NEW YORK, Nov 19- General Electric Co shares stabilized after a brutal slide last week sent the stock near six-year lows, but the worst may not be over. "In a sense, the stock is trying to find an investor," said Scott Lawson, vice president of Westwood Holdings Group in Dallas, who follows industrial stocks, as the stock was sliding last week. The stock edged back up over the...

  • The Nebraska Republican, who addressed an evangelical conservative group Saturday night, told reporters after his speech that he likes the tax bill moving in the Senate. GOP leaders in Congress and around the country have suggested a tax cut bill could boost enthusiasm for Republicans when they campaign in 2018 to retain their control of Capitol Hill.

  • FLAGSTAFF, Ariz.— Unions that represent Navajo workers in New Mexico say tribal members are being passed over for jobs at a power plant on the reservation in violation of Navajo labor laws. In an area where unemployment hovers around 50 percent and jobs are scarce, they say the law is vital for protecting Navajo workers. "If we do get the first priority or they go by the...

  • WASHINGTON— The White House has sent Congress a $44 billion disaster aid request that's already under attack from lawmakers from hurricane-hit regions as way too small. The request issued Friday, President Donald Trump's third since hurricanes Harvey, Irma and Maria slammed the Gulf Coast and Caribbean, would bring the total appropriated for disaster...

  • Senate staffers must make their bill comply with procedural rules allowing it to be approved by a simple majority of 51 votes. TUESDAY, NOV. 28: Senate reconvenes after a week-long holiday break. THURSDAY, NOV. 30: Possible, although far from certain, final Senate vote on tax bill.

  • 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.

  • The spill of an estimated 210,000 gallons of crude oil in South Dakota on Thursday from TransCanada's Keystone Pipeline is one of the 20 largest onshore oil or petroleum product spills since 2010. —July 25, 2010: 843,444 gallons, crude oil, Enbridge Energy, Marshall, Michigan, $927,270,213. —June 4, 2011: 513,618 gallons, crude oil, Enterprise Crude Pipeline LLC,...

  • CALGARY, Alberta/ LINCOLN, Neb., Nov 17- A major oil spill on the Keystone pipeline in South Dakota helped push U.S. crude prices higher on Friday, while fueling opposition to another pipeline project by owner TransCanada Corp that faces a crunch decision in Nebraska next week. Keystone carries 590,000 barrels per day of crude from Alberta's oil sands to markets in...

  • CALGARY, Alberta/ LINCOLN, Nebraska, Nov 17- The crude oil spill on the Keystone pipeline in South Dakota will take months to clean up, a state official said on Friday, just days before Nebraska was due to decide on another pipeline project by the owner, TransCanada Corp.. Keystone carries 590,000 barrels per day of crude from Alberta's oil sands to markets in the...

  • 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.

  • SAN JUAN, Puerto Rico— The director of Puerto Rico's power company resigned on Friday amid ongoing blackouts and scrutiny of a contract awarded to a small Montana- based company to help rebuild the electric grid destroyed by Hurricane Maria. Puerto Rico's Electric Power Authority said Ricardo Ramos presented his letter of resignation to the company's board...

  • WASHINGTON, Nov 17- U.S. homebuilding jumped to a one-year high in October as disruptions caused by recent hurricanes in the South faded and communities in the region started replacing houses damaged by flooding. The sharp rebound in home construction reported by the Commerce Department on Friday was also driven by robust gains in the Northeast and Midwest...

  • WASHINGTON— Unemployment rates fell to record lows in Idaho and Tennessee in September, and dropped in 9 other states. The Labor Department's report on state unemployment, released Friday, also showed the extent of Hurricane Irma's damage in Florida, which lost 127,400 jobs that month, or about 1.5 percent of the state's total jobs. The jobless rate dropped to 2.8...

  • WASHINGTON, Nov 17- U.S. homebuilding jumped to a one-year high in October likely as disruptions caused by recent hurricanes in the South faded and communities in the region started replacing houses damaged by flooding. The sharp rebound in home construction reported by the Commerce Department on Friday could ease concerns about the housing market, which has...

  • 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...