Forest Oil to sell Texas fields that may fetch up to $1 billion
Forest Oil Corp. intends to sell oil and natural gas fields in the Texas Panhandle that may fetch as much as $1 billion, more than the company’s market value.
View ArticleA&M engineer floats plan to harness offshore wind power
For most of the country, the greatest potential for wind energy lies offshore. Developers are pushing ahead with projects on the East Coast and elsewhere despite environmental concerns about fishing...
View ArticleForest Oil selling Texas Panhandle assets for $1B
Forest Oil Corp. said Thursday that it will sell Templar Energy LLC its Texas Panhandle oil and gas assets for $1 billion as it works to cut its debt.
View ArticleCost of West Texas power lines could shock ratepayers, author says
The cost of the transmission lines to West Texas may come back to haunt ratepayers across the state, while their importance to the grid has diminished, an industry expert said at a luncheon sponsored...
View ArticleGoogle adds to big energy spending with new solar projects
Google is investing another $80 million in renewable energy, likely pushing its total spending on green power close to $1.5 billion.
View ArticleApache’s production hit by weather, asset sales and spending cut
Apache Corp. said Thursday that its Permian Basin and central region production took a hit in the fourth quarter due to severe weather.
View ArticleTexas tops nation in new wind power construction
Developers were installing a record level of wind turbines as 2013 came to a close, with most of the new capacity coming in Texas, according to new figures released Thursday.
View ArticleCold weather prompts call for power conservation in Texas
The state's main grid operator is asking consumers to reduce electricity use to ensure adequate power as temperatures fall overnight.
View ArticleGE in Texas wind farm deal
General Electric’s Energy Financial Services unit and E.ON Climate and Renewables North America are forming an investment partnership to own and operate a Texas wind farm.
View ArticleTexas wind cracks 10 percent threshold
The amount of wind power generated in the state cracked the 10 percent threshold last year for the first time as the industry continues to make strides in the western and Panhandle regions of Texas.
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