The future of the region is uncertain—but Texas-based companies are holding on to assets there.
Recruiting new talent may become more challenging at a time when oil and gas companies need it most.
Also: Occidental’s Harvey losses hit $70 million, Texas exports to India, and Valero renews its golf sponsorship.
The plan keeps a deduction for intangible drilling costs and lowers the corporate tax rate, but the future of other exemptions is uncertain. Renewables like wind and solar appear less advantaged under the new plan.
The San Antonio Republican is focused on this one issue in his inquiry on Russian interference with domestic business.
The Irving-based company fell all the way from first to ninth.
SeaChange Technologies wants to release O&G wastewater into the atmosphere.
Plus: a Texas energy conman was also involved in California’s real estate market, an Eagle Ford Shale dispute is settled, and the Public Utility Commission of Texas gets a new appointee.
Danny Burch was taken by armed men ”in broad daylight.”
And more could be on their way, especially if drilling activity in the Barnett Shale region grows.