The Oil Industry Keeps Getting Younger
Transactions like this week’s $26 billion Diamondback-Endeavor deal signal a changing of the guard.
Transactions like this week’s $26 billion Diamondback-Endeavor deal signal a changing of the guard.
If Occidental Petroleum acquires CrownRock, the right-wing Midland oilman could become an even bigger power broker—in Texas and perhaps nationally.
Defunct companies have left behind energy facilities that leak toxins into fragile coastal ecosystems. And guess who has to clean them up?
The movie uses a classic heist format to tackle the hot topic of climate change.
Former House Speaker Tom Craddick and his family—including his daughter, Railroad Commission chairman Christi Craddick—earned about $10 million last year from oil and gas rights.
They washed the crude off their hands and put on suits and ties. Or sensible blazer-and-skirt combos.
Cecilia Ballí recalls reporting on her family’s legal victory over the lawyer who swindled the Ballís out of lucrative land rights on Padre Island.
Patching it cost the state $1.6 million. Many others are similarly falling into disrepair, and the agencies charged with their oversight are doing nothing about them.
The Texas Railroad Commission candidate stripped down in a campaign video to get attention for her issues—and landed a spot in the May 24 Republican runoff. Which means it’s time to hear her out.
Russia’s war on Ukraine has made it practically patriotic to pump oil, but the Permian hasn’t ramped up production. Don’t blame Washington. Blame Wall Street.
Texas start-ups are harnessing know-how born of the shale boom in pursuit of a greener future.
Major setbacks this week may force the oil giants to speed efforts to curb carbon emissions and invest in renewables—and perhaps even abandon the search for new fossil-fuel plays.
The state's energy business has long counted on tax breaks and other largesse. Whether renewables or fossil fuels get more depends on how you do the math.
Local petrochemical facilities pump out essential plastic goods—for gloves, masks, gowns, and more—as well as harmful pollutants.
The East End neighborhood of Freeport was once a thriving community. Today, the few remaining residents are about to be pushed out by the port. What happened?
Surprising statements by oil industry leaders have grabbed headlines. But the bigger change is underway more quietly, among young Republicans.
The Suffers’ front woman, Kam Franklin, on quitting her job to do music full time.
Historically, the Lege has met shortfalls with tax increases or spending cuts. Whether Dems or the GOP are in power makes all the difference.
Record-breaking oil production in the Permian Basin has brought the boom to the Big Bend’s doorstep for the first time. Is it too late to save this pristine landscape?
No oil and gas baron since John D. Rockefeller has made more of an impact on society than George P. Mitchell. But this son of poor Greek immigrants who died a billionaire wanted to leave a legacy beyond oil and gas.
Christian talks with renowned business writer Bethany McLean about how the finances of fracking aren't what they're cracked up to be.
The Santa Rita oil well, named after the patron saint of impossible dreams, launched the first Permian Basin boom and has been fueling the dreams of West Texas wildcatters ever since.
In her new book, Bethany McLean explores the unstable financial future of fracking.
How Aubrey McClendon, “America’s most reckless billionaire,” left some Houston energy firms holding the tab.
So what’s with all those earthquakes in North Texas? Is fracking really to blame? Let us give you a visual.
A funny thing happened on the way to the San Angelo fracking sand transloading facility.
Skip Hollandsworth drills into the surprising (and not so surprising) fortunes of Denton’s anti-fracking ballot measure.
Luling’s artful pump jacks.
Energy reporter Russell Gold gives us a reason to give a frak about fracking.
The oil boom is back, so it stands to reason that other affectations of Oil Patch abundance wouldn’t be far behind. Like the “friendly lawsuit.”
Federal officials like to remind the public that the invention of hydraulic fracturing owes a great debt to government funding and support. Houston oilman George P. Mitchell would have disagreed.
George Mitchell didn’t set out to launch one of the biggest oil and gas rushes in world history—he just wanted to coax some more gas out of an old well near Fort Worth.
“I haven’t thought about the bust or what I’ll do then. I live one day at a time. I’ll go with it as long as I can.”
The chain's parent company's strategy of investing more in a digital media campaign targeting moms seems to have backfired, with profits dropping 33 percent.
Once an oil-field service boomtown, Alice doesn’t live well anymore.
The death of an oil well keeps an oil-field service company alive.
One school of thought holds that when the economy is in a nosedive, that’s the time to go into business. At least that’s what a farmer, an oilman, a developer, and a banker believe.
Tapped by destiny, one man in Austin is forging an unlikely alliance between Texas oilmen and the friends of Israel.
An old hand at Pickens-watching reveals the key to the Amarillo oilman’s corporate-takeover antics.
Reading Big Oil’s annual reports for the truth about profits is a little like drilling for oil in the Baltimore Canyon: you know it’s there, but how deep will you have to go to find it?
How did we get into this sorry energy mess? By making sorry decisions.
Oil is a slippery business.
Show us the hardest working man in Texas and we’ll show you a roughneck.
Second-generation refinery workers don’t believe in politicians or corporations and some of them don’t believe in unions. The question is, do they believe in strikes?
Look out, offshore operators, they're headed your way!