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Crude inventories take another dive

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Crude stockpiles plunged for second consecutive week, lifting oil prices that have come under pressure as OPEC considers lifting production caps in place for more than a year.

Fears mount as rumors spread that Kirby Mansion close to sold

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The future of the Kirby Mansion, a 1920s English-style manor on the cusp of downtown, is in peril as a buyer seeks to purchase the historic property, according to people familiar with the sale.

Houston car sales fall for the first time this year

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New car sales in May fell for the first time this year, an unexpected performance for an industry that had been buoyed by strong sales in recent months.

Top Stories in last day

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SEC charges Texas Coastal Energy, CEO with fraud

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Dallas-based Texas Coastal Energy Company and its chief executive officer committed federal securities fraud by lying to investors and misappropriating $2.6 million of their money, the U.S. Securities and Exchange Commission said Tuesday.

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Shell sells stakes in Norwegian offshore projects for $556 million

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Royal Dutch Shell said Wednesday it is selling its stakes in two North Sea oilfield projects offshore of Norway for $556 million.

Stakes high for Houston, Texas as OPEC debates caps

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The Texas oil boom and the higher crude prices that have driven it could take hits after OPEC meets in Vienna Friday, as the strengthening alliance between Saudi Arabia and Russia pushes the cartel to lift production caps and increase…

OPEC races to salvage oil deal after Iran clashes with Saudis

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OPEC officials meeting in Vienna raced to salvage an oil-production deal on Wednesday after Iran said it was likely to reject any agreement that raised output from the group.

Empire Communities to build moderately priced homes in Balmoral

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Empire Communities has introduced a a line of homes designed for small lots in Balmoral, a 580-acre development of Land Tejas in Humble.

Houston Summer Boat Show: Attendance, sales suggest strong retail season ahead

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Organizers say the Houston Summer Boat Show generated increased attendance and strong sales in 2018, reflecting the continued rebound from the effects of Hurricane Harvey in August.

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Brent crude near $75 as pre-OPEC meeting tensions persist

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Brent crude traded near $75 a barrel as friction endures between Saudi Arabia and Iran over whether OPEC should agree to pump more oil when the group meets Friday. Futures in London earlier rose as much as 1 percent before slipping to…

Shale giant says Permian oil faces shut ins on pipe shortage

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The biggest U.S. shale region will have to shut wells within four months because there aren’t enough pipelines to get the oil to customers, the head of one of the industry’s largest producers said.

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Houston produces a lot of chlorine so responders need to be prepared

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Roughly 100 first responders are attending rail safety and hazmat emergency response training sessions in Houston hosted by the Chlorine Institute, BNSF Railway and Union Pacific Railroad on Tuesday and Wednesday.

Q&A: Land broker Stan Creech says land prices are up with oil

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Stan Creech, a veteran land broker with Stan Creech Properties in the Houston area, says land prices are going up.

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By the Numbers: Houston’s Most Lively District

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Testing, I wonder what this "Abstract" area is used for or where it shows up. Hmm... I wonder how I could figure that out? God I'm already so bored already

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Corpus Christi port approves $217 million for improvements

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The Port of Corpus Christi has approved $217 million in funds for capital improvements.

Tuesday, Jun 19

Kiewit Engineering Group opens Energy Corridor office

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Kiewit Engineering Group is expanding its footprint in Houston with the opening of a new office in the Houston Energy Corridor.

Abuelo's Mexican Restaurant to open second Houston-area location

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Abuelo's Mexican Restaurant will open at 2505 South Gulf Freeway in League City on Monday, June 25, 2018.

Oxy considering carbon capture project

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The Houston oil company Occidental Petroleum is studying a carbon capture project to deliver carbon dioxide to its oil fields in West Texas, the company announced Tuesday.

OPEC faces a bigger problem in Washington than Trump tweets

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American politicians are at it again: punching OPEC. The cartel has often been a bogeyman for U.S. politicians since the first oil crisis in 1973. Now OPEC is facing a renewed political assault in Washington, directly from President…

Monday, Jun 18

Oil climbs as OPEC producers discuss size of output increase

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Brent crude erased earlier losses as OPEC was said to discuss a smaller-than-expected increase in production. Futures rose as much as 1.2 percent in London after earlier dropping 1.4 percent.

OPEC said to debate output hike of 300,000 to 600,000 B/D

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OPEN members are discussing a compromise agreement that would see an oil production increase of between 300,000 and 600,000 barrels a day over the next few months, according to people briefed on the talks.

Gas prices continue to slide in Houston

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Gasoline prices in Houston and across the country again fell last week ahead of a meeting where OPEC and its allies are expected to decide whether to raise crude oil output.

Cyber security rules needed for pipelines: FERC commissioners

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Given our growing dependence on natural gas , the time has come to adopt cyber security standards for pipelines, argue two FERC commissioners.

Sunday, Jun 17

Small-business Q&A: How to stay productive in slow times

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Q: If past summers are any indication, I know I’ll have some slow times to look forward to during the next few months. I guess customers are on vacation or just taking it easy instead of spending money at my shop. Any ideas for staying…

Business calendar

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A listing of the week’s business events.

Canada-US relations at a low after Trudeau-Trump trade tiff

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For Canadians — who don’t totally reject their stereotyped image as self-effacing and nice — the eruption seemed completely at odds with their own national temperament.

Friday, Jun 15

Rig count falls by three

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The number of operating drilling rigs in the United States fell by three this week,

Study: Houston ranks no. 6 for real estate investing

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Houston ranked no. 6 in a list of the top 10 market for real estate investing as rebounding energy prices bolster the employment outlook, according a new study.

Texas job growth beat goes on

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Texas employers boosted their payrolls by another 35,000 jobs in May, continuing a streak ofgains that began nearly two years ago.

LyondellBasell in talks to acquire Braskem

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LyondellBasell is in talks to acquire Braskem, a South American petrochemical maker with several plants along the Gulf Coast.