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Gulf Coast refineries are welcoming the surge from Venezuela during the prolonged Strait of Hormuz closure that’s virtually halted imports from Iraq and Saudi Arabia.
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The December 2022 rupture was one of the largest inland oil spills in recent history, and the $40 million will go toward work on the pipeline to prevent future similar spills, a news release from the U.S. Justice Department said.
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Texas oil companies stand to profit from Iran war disruptions while consumers face higher gas pricesTexas' status as the nation's largest oil producer will partially insulate its residents from some gas price hikes, but it's not immune to disruptions, experts say.
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Senate Bill 1150, which is on its way to Gov. Greg Abbott, is a rare example of the Texas Legislature regulating the state’s oil and gas industry.
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The Senate Energy Committee passed the proposed legislation in a Thursday meeting.
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Attorney General Gentner Drummond joined the challenge last year against Democrat-led states that filed lawsuits against fossil fuel entities like BP, Exxon Mobil and the American Petroleum Institute.
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It took a man actively trying not to find oil to make the biggest oil discovery in U.S. history.
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Researchers are looking into whether sites in Osage and Kay Counties can be used for permanent underground carbon storage.
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The new report tallied thousands of excess deaths and health impacts tied to pollution, with Texas among the most impacted states.
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Kansas oil production continued its decline in 2017 even as prices began to tick up.