Government, Business, Fuel

Exxon Pledges to Zero Out Some Permian Basin Emissions by 2030

ExxonMobil Corp. pledged to zero out some greenhouse gas emissions in North America’s biggest oilfield by the end of the decade.

Joe Carroll | Bloomberg News
December 6, 2021
Government, Business, Safety, Logistics

Texas Expands CDL Testing to 6 Days a Week

Texas is expanding truck driver license testing to six days a week in response to a nationwide shortage that has contributed to supply chain snarls across the economy.

Joe Carroll | Bloomberg News
November 4, 2021
Business, Fuel

Shale Driller Sells Gas Fields for Fraction of Purchase Price

Range Resources Corp. is selling its Louisiana shale fields for about one-tenth of what it paid for them just four years ago as depressed natural gas prices hammered the heavily indebted driller.

Joe Carroll | Bloomberg News
August 4, 2020
Government, Business, Safety

Houston Ship Channel Shut as Storm Hits Chemical Disaster Site

The Houston Ship Channel was shut April 7 as violent storms wracked the site of one of the worst Gulf Coast industrial disasters in 14 years.

Joe Carroll | Bloomberg News
April 8, 2019
Business, Fuel

Exxon Not Threatened by Electric Cars, Says Trucks Are ‘Where the Real Action Is’

Exxon Mobil Corp. says the existential threat to oil producers from electric cars is overblown.

Joe Carroll | Bloomberg News
November 2, 2017
Business, Logistics, Fuel

Shell Will Buy BG Group for $70 Billion in Cash and Shares

Royal Dutch Shell agreed to buy BG Group Plc for about $70 billion (47 billion pounds) in cash and shares, the oil and gas industry’s biggest deal in at least a decade.

Joe Carroll | Bloomberg News
April 8, 2015