Rosetta Resources shares rise 7.5 percent following financial, operational updateHOUSTON — Shares of Rosetta Resources Inc. rose on Friday a day after the oil and gas company affirmed its full-year capital budget, said it expects to build cash during the year and maintained its full-year production outlook. Gov. Rick Perry says Texas Ranger teams headed for Texas-Mexico borderHOUSTON — Special teams of Texas Rangers will be deployed to the Texas-Mexico border to deal with increasing violence because the federal government has failed to address growing problems there, Gov. Rick Perry said Thursday. “It is an expansive effort with the Rangers playing a more high-profile role than they’ve ever played before,” Perry said of the Department of Public Safety’s elite investigative unit. Gov. Perry says Texas Ranger teams headed for Texas-Mexico borderHOUSTON — Special teams of Texas Rangers will be deployed to the Texas-Mexico border to deal with increasing violence because the federal government has failed to address growing problems there, Gov. Rick Perry said Thursday. Federal judge throws out police officers’ lawsuit challenging Houston department’s beard banHOUSTON — A federal judge has dismissed a lawsuit challenging the Houston Police Department’s ban on beards. Vanguard raises its full-year profit outlook to include impact of new oil and gas propertiesHOUSTON — Oil and natural gas company Vanguard Natural Resources LLC on Thursday raised its full-year profit outlook to reflect the impact of newly acquired natural gas and oil properties. VA service dog program that began in 2001 helped just 2 vets, agency vows to help moreHOUSTON — The drone of helicopters still haunts William Callahan decades after Vietnam combat left him paralyzed, but he said government bureaucracy stood in the way of getting the one thing that made the echoes stop and kept him independent: a service dog. Enterprise announces private sale of $150 million of sharesHOUSTON — Enterprise Products Partners LP, which transports natural gas and oil through its pipeline network, on Friday said it agreed to sell $150 million worth of common stock. Number of active rigs in the US up by 10 this week to 1009; number stood at 2,013 a year agoHOUSTON — The number of rigs actively exploring for oil and natural gas in the U.S. rose by 10 this week to 1009. Plains All American completes public offering, to use $494M proceeds to pay borrowingsHOUSTON — Plains All American Pipeline LP said Friday it received $494 million in net proceeds from a recent offering of senior unsecured notes. Plains All American buys remaining 50 percent stake in natural gas unit, gains full ownershipHOUSTON — Crude oil transporter Plains All American Pipeline LP said it bought Vulcan Capital’s indirect 50 percent interest in PAA Natural Gas Storage LLC. Obama’s back-to-school address touches off a new confrontation with conservativesDALLAS — When kids all across the country return to school Tuesday, some will see a welcoming message from President Barack Obama and some won’t. Key Energy lifts stake in Russian oilfield services company GeoStream, can pick most of boardHOUSTON — Key Energy Services Inc. said Thursday it closed the second part of its investment in Russian oilfield services company OOO GeoStream Services Group this week. Obama’s back-to-school address inflames conservatives; some schools will not air itDALLAS — President Barack Obama’s back-to-school address next week was supposed to be a feel-good story for an administration battered over its health care agenda. Now Republican critics are calling it an effort to foist a political agenda on children, creating yet another confrontation with the White House. 3rd man arrested in fatal shooting of the prominent Houston doctor who was killed at his ranchBELLVILLE, Texas — Authorities have arrested a third suspect in the death of a prominent Houston physician who was shot several times as he arrived at his sprawling countryside ranch with his family. Baseline Oil & Gas files for Chapter 11 bankruptcy protection under prepackaged planHOUSTON — Energy producer Baseline Oil & Gas Corp., citing turmoil in the economy and global credit markets, said Monday it has filed for Chapter 11 bankruptcy protection after securing agreements with some creditors. Baker Hughes to purchase BJ Services in cash-and-stock deal valued at $5.5 billionNEW YORK — Oilfield services company Baker Hughes Inc. said Monday that it will buy BJ Services Co. in a cash-and-stock deal valued at $5.5 billion, a move that could kick off further consolidation in the industry. Texas justice’s wife cleared of arson charges
Number of active rigs in the US up by 14 this week; number stood at 2,031 a year agoHOUSTON — The number of rigs actively exploring for oil and natural gas in the United States rose by 14 this week to 999. Life of Houston doctor ends violently at ranch where he found respiteHOUSTON — On the last morning of his life, Jorge Mario Gonzalez drove to his beloved Four Oaks Farm, a 30-acre ranch tucked away in the bucolic Texas countryside, his pregnant wife and 21-month-old son by his side. Tie between energy costs and the weak dollar on display in end-of-week tradingHOUSTON — The effect of the weak dollar is again pushing oil prices higher in the face of little demand for energy and huge surpluses of crude. Falling dollar continues to drive up the cost for energy as investors rush to energy marketsHOUSTON — The effect of the weak dollar is again pushing oil prices higher in the face of little demand for energy and huge surpluses of crude. Former Texas sheriff, teacher among those sentenced for helping Mexican drug traffickersMcALLEN, Texas — A former South Texas sheriff and a Houston elementary school teacher were among 11 people sentenced to prison Thursday for their role in a conspiracy that moved marijuana and cocaine from Mexico, through Houston and as far as Delaware. Ex-Stanford exec plea deal reveals new details about alleged $7 billion fraudHOUSTON — The former finance chief for jailed Texas financier R. Allen Stanford said his boss created a business empire where blood oaths were taken to secure loyalty, bribes were paid from a secret Swiss bank account and investor profits were more fiction than financial genius. AP Exclusive: Bus driver in Texas crash that killed 17 last year had recently used cocaineDALLAS — A drug test conducted on the driver involved in the Texas charter bus crash that killed 17 passengers last year showed he had recently used cocaine but was apparently not under its influence at the time of the wreck, according to records obtained by The Associated Press. NCI Building Systems’ shares plunge after company announces debt exchange termsHOUSTON — Metal building-components maker NCI Building Systems Inc. said Thursday it would proceed with an offer to exchange the notes of existing bondholders with cash and a minority stake in the company. Jailed financier Stanford taken to hospital, ex-CFO Davis pleads guilty in massive fraudHOUSTON — Texas financier R. Allen Stanford, jailed on charges of bilking investors out of $7 billion, was hospitalized Thursday with an irregular heartbeat and high pulse, just hours before his ex-finance chief became the first person to plead guilty in the case. Ex-Stanford CFO Davis is scheduled to change his plea to guilty in $7 billion fraud caseHOUSTON — The first guilty plea in the multibillion dollar Ponzi scheme that authorities say was perpetrated by Texas financier R. Allen Stanford’s business empire is set to be entered in court. Continental Airlines adds $50 fee for second checked bag for some on international flightsHOUSTON — Continental Airlines Inc. said Wednesday it will charge some coach passengers on international flights $50 to check a second bag, joining several other carriers in imposing the fee. Vanguard gets $5.9 million in proceeds from recent public offeringHOUSTON — Oil and natural gas company Vanguard Natural Resources LLC said Wednesday it received $5.9 million in proceeds from a recent public offering. Oil prices dip to $71 as government reports crude supplies on riseHOUSTON — The price of oil fell again Wednesday with new government data showing that U.S. crude supplies increased last week, a sign that demand remains weak. |
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HOUSTON — Arson charges have been dropped against the wife of a Texas Supreme Court justice in a fire that destroyed their home in a Houston suburb. The Harris County District Attorney’s Office dismissed felony arson and felony criminal mischief charges against Francisca Medina, the wife of Justice David Medina.
