Oil thefts continue in Mexico; US refineries implicated

MEXICO 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.

SEC, worried about runaway receiver, is opposing man it recommended for Stanford case

DALLAS — The attorney supposed to clean up what the government says was Texas businessman R. Allen Stanford’s multibillion-dollar Ponzi scheme is managing to anger just about every party involved in the case.

Expert supports mother’s claim it might have been dog and not her who mutilated infant son

HOUSTON — An animal behavior expert told jurors Thursday that it’s possible a small dog could have severed an infant boy’s genitals, something that prosecutors accuse the child’s mother of doing.

US returns $2.4M in proceeds from stolen oil products to Mexican authorities

SAN ANTONIO — Mexico received $2.4 million Tuesday that was forfeited by a U.S. oil importer after the company president admitted knowingly buying and reselling petroleum products stolen from Mexico’s oil monopoly.

Flotek Industries privately placing mix of stock, warrants in $16 million offering

HOUSTON — Specialty chemical company Flotek Industries Inc. said Tuesday it will privately place $16 million in convertible preferred stock and warrants to purchase shares of common stock.

Boardwalk Pipeline to offer 7 million common units representing limited partner interest

HOUSTON —Natural gas pipeline operator Boardwalk Pipeline Partners LP said the company plans to offer 7 million common units representing limited partner interests.

Prosecutors tell jurors Houston mom accused of mutilating infant son was a drug abuser

HOUSTON —Prosecutors told jurors Monday that a Texas woman accused of cutting off her infant son’s genitals two years ago was a drug abuser who showed no remorse or concern for her child as he was on the verge of death.

Swift Energy closes offering of 5.4 million shares; underwriters’ option fully exercised

HOUSTON —Oil and natural gas producer Swift Energy Co. said Monday that it closed a public offering of 5.4 million shares of its common stock.

Helicopter company Bristow Group names Elizabeth D. Brumley as new chief financial officer

HOUSTON —Helicopter company Bristow Group Inc. said Monday that Elizabeth D. Brumley has been named chief financial officer, effectively immediately.

Orion Marine Group to sell 3.5 million shares in public offering

HOUSTON —Marine construction and services contractor Orion Marine Group Inc. on Monday said it plans to sell 3.5 million common shares in a public offering.

Obese Texas inmate admits hiding gun in his flabs of fat after searches failed to find it

HOUSTON —An obese inmate in Texas has been charged after officials learned he had a gun hidden under flabs of his own flesh.

Obese TX inmate admits hiding gun in his flabs of fat after searches failed to find it

HOUSTON —An obese inmate in Texas has been charged after officials learned he had a gun hidden under flabs of his own flesh.

Natco records higher 2Q profit as lower costs help beat analyst estimate

HOUSTON — Oil services company Natco Group Inc. posted a slightly higher second-quarter profit Friday, as lower costs for goods helped it beat Wall Street estimates.

Judge issues retrial date for 2 Merrill Lynch execs in Enron case

HOUSTON — Two former Merrill Lynch & Co. executives whose 2004 Enron-related fraud and conspiracy convictions were overturned are set to be retried next year, a federal judge ordered Friday.

Houston man sentenced to 4½ years in prison for planning to aid Taliban, fight US forces

HOUSTON — A Houston man apologized for his actions before being sentenced Friday to 4½ years in prison for conspiring to join the Taliban and fight against U.S. forces.

Manson follower, would-be Ford assassin “Squeaky” Fromme to be freed from Texas federal prison

HOUSTON — The Charles Manson follower convicted of attempting to assassinate President Gerald Ford is set to be released from a federal prison in Texas later this month after serving more than 30 years behind bars.

‘Crazy’ ants attacking honeybees as they spread across southeast Texas, vexing beekeepers

DALLAS — A species of ant that has ruined sewage pumps, fouled computers and made it difficult for homeowners to enjoy their yards has a new target: the honeybee.

Petrohawk Energy 2nd-qtr loss narrows; plans public offering of up to 25 million shares

HOUSTON — Oil and gas company Petrohawk Energy Corp. on Tuesday reported a narrowed second-quarter loss, due to lower drilling costs and increased production.

More Americans bobbing and weaving to save money, stay green

HOUSTON — The rules in the sewing lounge read like metaphors for good living: Know where your fingers are at all times. No running with scissors. Look before you cut.

At least 26 hurt as turbulence slams flight from Rio to Houston, forcing landing in Miami

MIAMI — A Continental Airlines jet carrying 179 people from Brazil to Texas hit severe turbulence over the Atlantic early Monday, injuring at least 26 — including four seriously — and forcing an emergency landing in Miami, officials said.

Judge: Receiver in Allen Stanford $7B Ponzi scheme case can only go after investment interest

DALLAS — A federal judge ruled Friday that a court-appointed receiver who took over companies run by Texas billionaire R. Allen Stanford can recover only the interest — not the principal — on investments that federal prosecutors say fed a multibillion-dollar Ponzi scheme.

Evacuation orders lifted after fire at Texas chemical plant; welding eyed as cause

BRYAN, Texas — Evacuation orders have been lifted after a fire at a central Texas chemical plant forced thousands of people from their homes and closed Texas A&M University’s main campus.

Evacuation order lifted for thousands in Texas after chemical plant fire brought under control

HOUSTON — An evacuation order was issued for thousands of central Texas residents and Texas A&M University campus was closed Thursday as a fire burned at a chemical plant and warehouse that processes explosive ammonium nitrate.

Waste Management posts sharp drop in 2nd-qtr profit on recycling prices

HOUSTON — Waste Management, the nation’s largest trash hauler, said Thursday its second-quarter profit fell sharply due largely to a continuing drop in recycling prices.

Waste Management posts sharp drop in 2nd-qtr profit due to falling recycling prices

HOUSTON — Waste Management, the nation’s largest trash hauler, says its second-quarter profit fell sharply due largely to a continuing drop in recycling prices.

Anadarko Petroleum announces deepwater oil discovery in Gulf of Mexico

HOUSTON — Oil company Anadarko Petroleum Corp. said Wednesday an exploration well being drilled encountered more than 250 net feet of oil pay in the deep waters of the Gulf of Mexico.

New technology aimed at increasing oil production; lots of oil left in the ground

HOUSTON — Imagine having a nice ripe orange, ready for squeezing, but being able to get out only a small amount of juice. There’s got to be more, you just can’t get at it.

ConocoPhillips says 2Q profit fell 76 percent amid lower crude and natural gas prices

HOUSTON — ConocoPhillips became the second oil major in as many days to report plunging profits for the second quarter, saying Wednesday its earnings fell a whopping 76 percent because of the year-over-year fall in oil and gas prices and lousy refining results.

Authorities target property of Jackson doctor for second time in week in ongoing investigation

LAS VEGAS — For the second time in less than a week, authorities have targeted the property of Michael Jackson’s personal doctor in their investigation into whether he committed manslaughter by administering a powerful anesthetic to help the pop singer sleep.

Agents search Las Vegas home, office of Michael Jackson’s doctor in manslaughter investigation

LAS VEGAS — Federal agents searched the home and office of Michael Jackson’s personal physician Tuesday in a widening investigation of whether administering a powerful anesthetic as a sleep aid was so reckless that it constitutes manslaughter.

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