WTI Crude
49.34
Brent Crude
52.25
Natural Gas
2.80
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Texas sees Mexico as important gas export market

The state economy for Texas is capitalizing on cross-border movements of natural gas to Mexico, a director at a state energy regulator said. Texas Secretary of State Rolando Pablos served as the moderator of a bilateral energy forum that counted members of a Mexican energy trade association and Mexico Energy Regulatory Commissioner Guillermo Garcia Alcocer among its panelists. The panel…
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Saudi Aramco IPO Sparks Rush to Privatize in Middle East

Saudi Arabia’s plan to list Saudi Arabian Oil Co. is sending other Middle Eastern nations rushing to raise capital on equity markets, potentially privatizing swaths of the state-run energy industry for the first time. Three years of lower energy prices have pushed regional governments dependent on oil revenue to tap public markets as a way of plugging holes in their…
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Texas’ oil industry ramps up, makes more money despite low prices

The oil and gas industry in Texas continues to ramp up drilling in 2017 despite continued low oil prices and faltering production cuts from OPEC countries, according to a Texas economist. “It’s clearly in a state of recovery from a very nasty two year downturn,” Amarillo-based oil economist Karr Ingham said from Houston. Ingham’s Texas Petro Index — which uses…
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