Post Tagged with: "Texas Railroad Commission"

Texas challenges Biden’s methane rule that is “detrimental” to U.S. oil and gas industry

Texas challenges Biden’s methane rule that is “detrimental” to U.S. oil and gas industry

World Oil


(WO) – The Environmental Protection Agency (EPA) published the Methane Rule in the Federal Register on Friday, March 8. Texas is challenging this rule, which is detrimental to the oil and gas industry, which is not only vital …

Source: World Oil

Texas regulator assess over $2 million in penalties against oil, gas operators

World Oil


AUSTIN – The Railroad Commission of Texas assessed $2,425,495.50 in fines involving 597 enforcement dockets against operators and businesses at the Commissioners’ Conference on Tuesday. The Commission has primary oversight and enforcement of the state’s oil and gas …

Source: Oil Price

Texas Railroad Commission issues cold weather warning to oil & gas industry

Oil Price


The Railroad Commission of Texas has issued a warning on Thursday to oil and gas pipeline operators that next week will see “significantly colder temperatures.”

 

A statement from the RRC of Texas cited the National Weather Service, …

December 15, 2022 - 3:45 pm Closing Bell Story‎, Crude Oil News, Energy News
Source: Reuters

Texas proposes rules to ready natgas industry for weather emergencies

Reuters


The Texas Railroad Commission, which oversees the state’s oil and natural gas industries, approved a proposed weatherization rule to help protect Texans during emergencies that could occur any time of the year.

The proposed rule is the latest in …

Source: World Oil

Wayne Christian re-elected Chairman of the Railroad Commission of Texas

World Oil


AUSTIN – At an open meeting of the Railroad Commission of Texas, Commissioner Wayne Christian was unanimously elected Chairman for a second time. Following the vote, Christian released the following statement:

“It has been an honor of my …

September 29, 2021 - 10:30 am Closing Bell Story‎, Crude Oil News, Energy News, People
Source: World Oil

Texas oil regulator proposes tax credits for natural gas infrastructure

World Oil


(Bloomberg) –The natural gas industry should receive tax incentives similar to those provided for renewable energy projects, according to one of Texas’s top oil and gas regulators.

Texas Railroad Commissioner Jim Wright, who sits on the powerful agency …

Source: Reuters

Texas regulators do not mandate oil production cuts

Reuters


HOUSTON – Texas energy regulators on Tuesday said they will not mandate oil production cuts, ending a month-long debate about whether or not they would wade into global oil politics for the first time in 50 years as crude …

These are the three big things to focus on from OPEC and the G-20 meetings over the next 48 hours

These are the three big things to focus on from OPEC and the G-20 meetings over the next 48 hours

CNBC


There are three big things to focus on from OPEC and the G-20 meetings over the next 48 hours: 1) total global output cut, 2) benchmark production levels for those cuts, and 3) the length of time of any

April 10, 2020 - 1:00 pm Closing Bell Story‎, Crude Oil News, Energy News, OPEC
Source:Reuters

U.S.-Saudi oil alliance idea born at White House, put on back burner for now

Reuters


WASHINGTON  – Top U.S. officials have for now put aside a proposal for an alliance with Saudi Arabia to manage the global oil market, according to three sources with knowledge of the matter, an idea one of them said …

Source: Houston Chronicle

Pipeline operators ask oil companies to stop production as storage fills up

Houston Chronicle


A new problem attributed to the coronavirus pandemic is slowly brewing out in the oil patch.

Pipeline operators with full storage tanks are asking some Texas oil companies to stop production as the ongoing price war between Russia …

Is Depression-Era Production Regulation What OPEC Really Wants To See?

Is Depression-Era Production Regulation What OPEC Really Wants To See?

Journal of Petroleum Technology


Oil & Gas Publishers Note: Excellent piece by Steve Rassenfoss. Our host, Michael Tanner, on the 360 Digital Closing Bell reported on the Texas Railroad Commission has been invited to the next OPEC meeting. This is

Source: Houston Chronicle

Texas Railroad Commissioner Ryan Sitton unseated in GOP primary upset

Houston Chronicle


South Texas rancher Jim Wright unseated incumbent Texas Railroad Commissioner Ryan Sitton in an upset Republican primary victory.

With nearly two-thirds of precincts reporting and Wright had more than 55 percent of the vote in the two-way race …

March 4, 2020 - 2:00 pm Closing Bell Story‎, Energy News, People, Regulatory
Source; Houston Chronicle

Report: U.S. oil producers burning record amount of natural gas

Houston Chronicle


U.S. oil companies are wasting a record amount of natural gas instead moving it to market and selling it, a new report from the Energy Information Administration shows.

In a pair of industry practices known as venting and …

December 6, 2019 - 2:30 pm Energy News, Natural Gas News, Regulatory
Dallas Morning News Endorses Christi Craddick for Texas Railroad Commission

Dallas Morning News Endorses Christi Craddick for Texas Railroad Commission

From the Dallas Morning News

There’s little question that the oil and gas industry is a major engine that helps drive Texas’ economic growth, providing thousands of jobs and valuable resources.

This state needs Texas Railroad Commission members with a …

September 10, 2018 - 1:11 pm Closing Bell Story‎, Energy News, Regulatory
What’s Worth More to the State of Texas—Land or Oil?

Texas Railroad Commission Keeps its Name, Commissioner Discusses Innovative Disruption

Sitton is Texas Railroad Commission’s first engineer in 50 years

Texas Railroad Commissioner Ryan Sitton met with 100 senior level oil and gas executives in Houston this week for An Energy Evening.

Sitton was elected to the Railroad Commission in …