MIDLAND, TEXAS—The Permian Basin Petroleum Association (PBPA) on Aug. 12 welcomed the ruling by the U.S. District Court for the Western District of Texas vacating the U.S. Fish and Wildlife Service’s (FWS) 2022 listing of the Lesser Prairie-Chicken (LPC) under the Endangered Species Act (ESA). The decision follows FWS’s own admission that the listing […]
Water Center Gaining Momentum at Sul Ross State
The West Texas Water Research Center (WTWRC) at Sul Ross State University in Alpine, Texas, is forging ahead, with interim leadership in place, a seasoned research scientist joining the team, and a stakeholder-driven planning process underway, according to an Aug. 18 report from the WTWRC. Housed within the university’s Borderlands Research Institute (BRI) and launched […]
Global Shale O&G To See Growth Beyond United States
The global shale oil and gas production outlook reflects a positive trend, with notable increases in production expected from top countries over the next few years, including the incumbent leader, the United States. Although the pace of growth has somewhat receded in the United States, optimism around this unconventional resource remains, driven by technological advancements […]
Oxy’s Hollub Named Recipient of Award
WPC Energy announced June 30 that Vicki Hollub, President and CEO of Occidental (since 2016), has been selected as the recipient of the Dewhurst Award, the highest honor bestowed by WPC Energy, in recognition of Hollub’s leadership and contributions to the energy industry. The award will be formally presented during the 25th WPC Energy Congress, […]
TRC Commissioner Applauds Rollback of Greenhouse Gas Ruling
The Trump Administration and Environmental Protection Agency (EPA) Administrator Lee Zeldin stated on July 29 that the agency will reverse the 2009 “endangerment finding” that made greenhouse gases, including carbon dioxide (CO₂), pollutants subject to agency regulation. This finding provided the legal framework to regulate CO₂ and enabled the Net Zero movement to gain traction […]
Venture Capital Firm Expands to Midland
Fortuna Investments, a leading America-first venture capital firm, announced on July 15 the expansion of its operations into Midland, Texas, where it will build upon its focus on rare earth elements, space infrastructure, and uranium and nuclear energy. Known for its investments in critical, high-growth sectors, Fortuna continues to deepen its national presence—now with a […]
Permian Contributes Over $119 Billion And More Than 862,000 Jobs Nationally
The Permian Basin continues to fuel America’s economy and energy future. The Permian Strategic Partnership (PSP) released its 2024 Economic Impact Report on July 21, highlighting the region’s essential role in supporting critical government functions such as public education and teacher support, police and fire departments, roadside safety, community hospitals, and universities. The region generated $119 […]
New Texas Oilfield Lab Seeks to Reshore Chem Testing, Supply
Cathedral Holdings, Inc., a U.S.-based specialty chemical distribution group, announced on July 24 its opening a new 5,000-square-foot technical lab and office facility in The Woodlands, Texas. While the space will support multiple specialty chemical companies under Cathedral’s umbrella, it will serve as the official headquarters for Centrium Energy Solutions, the group’s newly launched oil […]
Energy Sector Drives CCUS Growth
Carbon capture, utilization, and storage (CCUS) is rapidly emerging as a key solution in the global energy transition, offering a realistic path to decarbonize hard-to-abate sectors such as cement, steel, refining, and thermal power generation. Oil and gas companies are playing a leading role in the development and deployment of CCUS. As of 2024, more […]
Texas Legislature Stakes RRC’s Mission
The Texas Legislature took major action this legislative session with historic funding for the Railroad Commission of Texas (RRC), appropriating more than $593 million for the agency over the next two fiscal years. This appropriation includes $100 million for oil and gas well plugging to be used by the RRC’s State Managed Plugging Program (SMP) […]
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