Endeavour International plugs and abandons North Sea petroleum well as noncommercialHOUSTON — Endeavour International Corp. said Tuesday it abandoned a North Sea petroleum well after it failed to encounter commercial amounts of hydrocarbons. Crude prices briefly touch $75, then tumbles on deficit forecastHOUSTON — Oil prices fell more than 3 percent Tuesday after a new report from Washington projected a cumulative $7 trillion U.S. deficit for the next decade. Crude prices briefly touch $75, then fall on deficit forecastHOUSTON — Oil prices fell more than 2 percent Tuesday after a new report from Washington projected a cumulative $7 trillion U.S. deficit for the next decade. Newfield Exploration to curtail portion of its natural gas production; maintains year outlookHOUSTON — Newfield Exploration Co. said it will voluntarily curtail about 2.5 billion cubic feet equivalent of its third-quarter production in response to low natural gas prices. Lawyer: Police twisted Jackson doctor’s account of singer’s final hoursLOS ANGELES — A lawyer for Michael Jackson’s personal doctor says police have twisted his client’s account of the singer’s last hours. All 7 astronauts on space shuttle mission are parents, have 20 children among themCAPE CANAVERAL, Fla. — All seven astronauts on space shuttle Discovery’s mission are parents, and they have 20 children among themselves. Police searching for up to 5 suspects in weekend slaying of Texas doctorBELLVILLE, Texas — Police are searching for four suspects in connection with the weekend shooting death of a suburban Houston doctor. Oil prices approach $75 a barrel on global economic optimism and possible rebound in demandHOUSTON — Oil prices approached $75 a barrel Monday for the first time in 10 months amid growing optimism that the world’s economies are on the mend. Westlake Chemical boosts quarterly dividend 9.5 percent, to 5.75 cents per shareHOUSTON — Westlake Chemical Corp. on Monday said its board declared a 9.5 percent increase in its quarterly dividend, to 5.75 cents per share. Get off the bus: Cash-strapped US districts cut school bus service, raising safety concernsHOUSTON — As a mother of two, Feleccia Moore-Davis is accustomed to the usual back-to-school swirl of new supplies, new clothes and new routines. But this year, that final flurry of summer is accompanied by an unusual worry. Court records say stolen Mexican oil sold to German chemical giant BASFMEXICO CITY — A Texas oil executive says his small company was one of several that bought millions of dollars worth of stolen Mexican petroleum and then sold the illicit products to larger U.S. companies including chemical giant BASF. Number of active rigs in the US up by 17 this weekHOUSTON — The number of rigs actively exploring for oil and natural gas in the United States rose by 17 this week to 985. New KBR group to oversee its activities in the government, defense and infrastructure marketsHOUSTON — KBR Inc. formed a new business group to serve customers in North America, the Middle East, United Kingdom and Australia. HCC Insurance raises dividend to 13.5 cents per share from 12.5 cents per shareHOUSTON — HCC Insurance Holdings Inc. on Friday said that its board increased its dividend by 8 percent, to 13.5 cents per share from 12.5 cents per share. KMG Chemicals declares regular quarterly dividend of 2 cents per share, payable Sept. 18HOUSTON — Chemicals maker KMG Chemicals Inc. said Thursday its board approved a regular quarterly dividend of 2 cents per share. ExpressJet adds $10 million to repurchase securitiesHOUSTON — ExpressJet Holdings Inc. said Thursday it added $10 million to its program for repurchasing securities. 4 Katrina evacuees helped by “Oprah’s Angel Network” charged with fraud over FEMA assistanceHOUSTON — Four Hurricane Katrina evacuees are charged with wrongfully obtaining federal rental assistance after buying new homes financed by the “Oprah’s Angel Network” charity, authorities announced Wednesday. KBR to provide engineering services for proposed Angolan refineryHOUSTON — KBR said Wednesday it has been hired to provide engineering services for a proposed refinery in Lobito, Angola. Known for oil, Exxon Mobil focused on growing natural-gas productionHOUSTON — Exxon Mobil may be synonymous with Big Oil, but two major deals announced this month show the company is focused on expanding natural-gas output. Oceaneering International to provide engineering equipment for Esso Exploration AngolaHOUSTON — Oceaneering International Inc. said Tuesday it has agreed to supply Esso Exploration Angola Ltd. equipment for a petroleum exploration operation off the coast of West Africa. KBR announces 2 executive appointments in hydrocarbons groupHOUSTON — KBR Inc., the engineering and construction firm spun off from Halliburton, announced two management appointments in its hydrocarbons group on Tuesday. Texas mother sentenced for 99 years after sexually mutilating son
Ex-Stanford adviser: SEC was warned of shady dealings 5 years before firm was shut downBATON ROUGE, La. — A former financial adviser with R. Allen Stanford’s financial company told a U.S. Senate panel on Monday that she warned the Securities and Exchange Commission about the firm’s hawking of shady investments five years before it closed the firm and accused the Texas billionaire of running a Ponzi scheme. Continental announces Houston-to-Edmonton service; flights expected to begin Nov. 1HOUSTON — Continental Airlines said Monday it plans to begin nonstop flights from Houston to Edmonton International Airport beginning Nov. 1. Sen. Hutchison announces run for Texas governor, says Gov. Perry has overstayed his welcomeSAN ANTONIO — If there was any doubt that Texans would witness a red-hot Republican race for governor, U.S. Sen. Kay Bailey Hutchison removed it Monday when she kicked off a five-day announcement tour and delivered her harshest attack ever on Gov. Rick Perry. Recession felt more than a hurricane in energy markets; prices fall despite stormy AtlanticHOUSTON — The season’s first Atlantic hurricane and two other storms have done nothing to spur a rise in energy prices, largely because supplies are high and demand low, but oil companies are keeping close watch on their offshore operations in the Gulf of Mexico. Continental Airlines to join Star Alliance, which includes United Airlines and LufthansaHOUSTON — Continental Airlines said Monday that it will officially join the Star Alliance that includes United Airlines and Lufthansa on Oct. 27. Oil and gas company Apache declares regular quarterly dividend, payable Nov. 23HOUSTON — Oil and gas company Apache Corp. on Monday said its board declared a regular quarterly dividend of 15 cents per share. Mexico nabs gas thieves; arrests do little to stop stolen oil from ending up in US refineriesMEXICO CITY — They bleed the fuel lines just about anywhere, drug cartel members and other criminals, sucking millions of dollars of Mexican petroleum from makeshift taps hidden in sheds or on remote desert stretches, with thousands of gallons ending up in U.S. refineries. Baker Hughes says number of active oil rigs grew by 2 to 968HOUSTON — The number of rigs actively exploring for oil and natural gas in the United States went up by two this week to 968. |
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HOUSTON — A jury has sentenced a Texas mother convicted of mutilating her infant by cutting off his genitals to 99 years in prison.
