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Search resuls for: "Railroad Commission"


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They immediately ran into a problem finding a candidate to oppose the incumbent. There were only 16 practicing lawyers in the three counties that make up the deep-red district, including the present Democratic office-holder, Randy Reynolds, who some said was not an effective prosecutor. Desperate for a challenger, they turned to Sarah Stogner, an oil-and-gas lawyer who, on paper, would seem to be an unlikely candidate to boost the Republican Party in what ought to have been one of its strongholds. She has never tried a criminal case. And she’s made her mark in Texas oil law mainly for suing Chevron over environmental damage from abandoned oil wells.
Persons: Randy Reynolds, Sarah Stogner, she’s Organizations: Republican Party, Chevron, Texas Railroad Commission Locations: Texas, El Paso
New York CNN —Scott Sheffield, the founder and longtime CEO of a leading American oil producer, attempted to collude with OPEC and its allies to inflate prices, federal regulators alleged on Thursday. Regulators say Sheffield, then the CEO of Pioneer Natural Resources, used WhatsApp conversations, in-person meetings and public statements to try to “align oil production” in the Permian Basin in Texas with that of OPEC and OPEC+, the wider group that includes Russia. Unlike with OPEC nations, US oil production is supposed to be decided by the free market, not by coordination among the major players. The FTC said that while Sheffield was discussing efforts to coordinate output with other Texas producers, the Pioneer CEO said: “If Texas leads the way, maybe we can get OPEC to cut production. Exxon said that in response to the FTC’s concerns, it will not add Sheffield to its board.
Persons: New York CNN — Scott Sheffield, “ Mr, , Kyle Mach, Sheffield “, Douglas Farrar, Sheffield, , Exxon Organizations: New, New York CNN, OPEC, Federal Trade Commission, Sheffield, Organization of, Petroleum, Saudi Arabia, Regulators, Pioneer Natural Resources, FTC, ExxonMobil, Competition, CNN, Railroad Commission, Texas, Exxon Locations: New York, American, Saudi, Sheffield, Texas, OPEC, Russia, FTC’s, Saudi Arabia
Jan 29 (Reuters) - The Texas oil regulator on Sunday advised oil and gas pipeline operators to secure equipment and facilities after forecasts for severe weather over the next several days. The Railroad Commission of Texas (RRC), which oversees the state's oil and gas industries, issued the notice after the National Weather Service forecast wintry precipitation and ice accumulations across several parts of the state. The oil regulator advised the operators to secure all personnel, equipment and facilities to prevent injury or damage, and monitor and prepare operations for potential impacts. It also asked the operators to "heed" all watches, warnings and orders issued by local emergency officials and monitor weather reports. Some sleet will be possible," the National Weather Service said in a forecast for portions of north central, northeast and south central Texas.
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