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U S shale producers to reduce Permian drilling emissions, increase reliability with nuclear reactors

U S shale producers to reduce Permian drilling emissions, increase reliability with nuclear reactors
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Tankers tied to the Russian oil trade hit by U S sanctions

Texas oil and gas production surges even as federal government clamps down on environmental regulations

Rig count rises as crude prices climb above $55

Rig count rises as crude prices climb above $55 FacebookTwitterEmail A Diamondback Energy oil rig drills for oil and gas Wednesday, Sept. 14, 2016 outside of Midland. The number of drilling rigs operating in the U.S. rose this week as crude prices climbed above $55 a barrel.Michael Ciaglo, Staff Photographer / Houston Chronicle The number of drilling rigs operating in the U.S. rose this week as crude prices climbed above $55 a barrel. Drillers added eight rigs, bringing the nation’s count to 392, according to oil-field services company Baker Hughes and Enverus, which provide the weekly tally. The industry has just about half of the 790 rigs operating a year ago, before the coronavirus pandemic crushed crude demand and sent prices tumbling.

Texas lost nearly 60,000 oil and gas jobs in 2020, trade group says

Texas lost nearly 60,000 oil and gas jobs in 2020, trade group says FacebookTwitterEmail A Diamondback Energy oil rig drills for oil and gas Wednesday, Sept. 14, 2016 outside of Midland. Nearly 60,000 oil exploration and production jobs in Texas were lost in 2020, a staggering figure that underscores the deep industry wounds caused by the global pandemic and oil crash.Michael Ciaglo, Staff / Houston Chronicle Nearly 60,000 oil exploration and production jobs in Texas were lost in 2020, a staggering figure that underscores the deep industry wounds caused by the global pandemic and oil crash. Employment in Texas’ oil drilling and extraction sector fell by more than a quarter as the coronavirus pandemic crushed demand for crude and petroleum products, forcing oil and gas companies to cut production and lay off thousands of workers.

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