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Parent of Circle K buying Texas-based CST Brands for $4.4B

Circle K, CST Brands, acquisition

SAN ANTONIO (AP) – The parent company of the Circle K convenience store and gas station chain has agreed to buy San Antonio-based CST Brands in a $4.4 billion deal. Canada-based Alimentation Couche-Tard and CST Brands announced the agreement Monday following approval by their respective boards. The deal is expected to close in early 2017, subject to approval of CST ...

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Texas lawyer acquitted of BP oil spill fraud

BP oil spill fraud

JACKSON, Miss. (AP) — A Texas lawyer accused of making up fake clients to sue BP after the 2010 Gulf of Mexico Oil spill said after his acquittal Thursday that the government’s case against him “fell apart under its own weight of ridiculousness.” Attorney Mikal Watts of San Antonio and four others were acquitted Thursday by a federal jury in ...

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Key Energy Services to pay $5M to settle bribes case

Pemex gas station sign. (Image: Matthew Rutledge via Flickr)

HOUSTON (AP) — A Houston energy company will pay $5 million to settle U.S. allegations of bribing a contract worker for Mexico’s state-owned oil company, Pemex. The Securities and Exchange Commission reached the agreement with Key Energy Services Inc. The case involve $229,000 in payments by subsidiary Key Mexico from 2010 through 2013. Key Energy, in the settlement, does not ...

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1 hurt, firetruck burns in Killeen gas tanker truck blaze

explosion, fire

KILLEEN, Texas (AP) — A tanker truck explosion and fire at a Central Texas gas station left one person dead, destroyed a firetruck and forced more than 50 nearby residents to evacuate. Killeen police did not immediately release details on the person killed in the fiery accident early Friday at a Mickey’s Convenience Store. Police say preliminary information indicates the ...

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Texas reaches deal on weaker voter ID rules for November

vote-661888_640

AUSTIN, Texas (AP) — Texas agreed Wednesday to weaken its voter ID law as courts across the U.S., with only months before the November election, are blocking Republican-controlled states from imposing polling place restrictions that critics say target minorities and the poor. The changes must still be approved by a federal judge. But the looser rules have the important blessing ...

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Odessa cement plant and four others ordered to cut emissions

men-working-978394_640

KNOXVILLE, Tenn. (AP) — A cement manufacturer has agreed to invest about $10 million to cut air pollution emissions at five of its plants in Kentucky, Tennessee, Alabama and Texas, federal officials said Wednesday. Under a consent decree, Cemex Inc. will pay a $1.69 million civil penalty and conduct energy audits at the five plants. It also will spend $150,000 ...

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The Oil & Gas Awards Wants to Celebrate — Texas Style

oil and gas awards

After multiple years of battering from regulation and nose-diving commodity prices, The Oil & Gas Awards believes everyone with their head above water deserves an Award. That said, many companies have survived by adapting to harsh market conditions through streamlining business and embracing innovation. The Texas Oil & Gas Awards will be celebrating those companies that think outside the box, bringing ...

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In Dallas, burgeoning movement overshadowed by shooting

Dallas activists

DALLAS (AP) — The leadership of the Next Generation Action Network drove all night from Baton Rouge, Louisiana, arriving in Dallas early on July 7, just hours before the start of their hastily arranged march that ended in the worst attack on law enforcement since 9/11. Dominique Alexander, a 27-year-old Baptist preacher and the civil rights group’s founder, said that ...

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Exxon Mobil to buy InterOil for $2.5 billion

New Hampshire

DALLAS (AP) — Exxon Mobil Corp. emerged Thursday as the winning bidder for InterOil Corp., which has natural gas holdings in Papua New Guinea. Exxon said it will pay $2.5 billion for InterOil in a deal that will complement its large liquefied natural gas facility in the country. Exxon hopes to capitalize on growing demand for cleaner fuels in Asia. ...

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Sempra gets OK to boost exports from proposed expansion

lng_tanker

CAMERON, La. (AP) — A San Diego energy company says it has federal permission to boost planned exports by 39 percent from a proposed expansion of the plant it’s building in southwest Louisiana. Sempra Energy said Monday that the U.S. Department of Energy approved exporting an additional 1.4 billion cubic feet of natural gas a day to countries outside U.S. ...

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