oil and gas

The Last Word: DFW’s ‘Fastest-Growing Company’ CEO on Being David in a Goliath Industry

by | Nov 18, 2024
McKinney-based Maverick Power tops both Dallas Business Journal's Fast 50 and SMU's Dallas 100 private company rankings with record-breaking recent growth.
MORE
ExxonMobil Closes $59.5B Acquisition of Irving-Based Pioneer Natural Resources
by | May 3, 2024
ExxonMobil said the merger creates "an unconventional business" with the largest, high-return development potential in the Permian Basin.
MORE
HF Sinclair Corp. Adds Industry Veteran to Its Board of Directors
by | Feb 23, 2024

Jeanne M. Johns has been appointed as an independent director to the board of Dallas-based HF Sinclair Corp.

Her appointment increases the size of the board to 13 directors and increases the number of independent directors on the board from 10 to 11....

MORE

Dallas’ Aethon Energy Announces C-Suite Moves

by | Aug 25, 2023

Aethon Energy Operating LLC announced that Andrea Wescott Passman has been appointed as chief operating officer, Kang Chen as chief information officer, and Kat Lyles as general counsel.

Preston Phillips, senior vice president, A&D and Commercial, also was promoted to chief commercial officer, the Dallas-based company announced.

“We are thrilled to welcome Andrea, Kang, and Kat to our team, and to elevate Preston in recognition of his significant contributions to Aethon over more than 20 years,” Aethon CEO and Partner Albert Huddleston said in a statement....

MORE
HF Sinclair, Holly Energy Partners Announce $1.44B Merger Agreement
by | Aug 17, 2023

Dallas-based energy companies HF Sinclair Corp. and Holly Energy Partners LP have agreed to merge in a what Reuters said is a $1.44 billion deal that will simplify corporate structure, reduce costs, and further support the integration and optimization of the HF Sinclair portfolio.

“We are pleased to announce this strategic transaction which we believe simplifies our corporate structure, reduces costs and further supports the integration and optimization of our portfolio,” HF Sinclair’s Chief Executive Officer and President Tim Go said in a statement....

MORE
Pioneer Natural Resources Names New Chief Executive to Succeed Retiring CEO
by | Apr 27, 2023
Currently Pioneer's president and COO, Richard D. "Rich" Dealy brings more than 30 years of industry experience in roles spanning nearly all operations and business functions at Pioneer and its predecessor company. He will replace the retiring Scott Sheffield. The news comes amid reports that Exxon Mobil Corp. has held preliminary talks with Pioneer about a possible acquisition of the company.
MORE
U.S. Energy Development Corp. Expands Footprint in Permian Basin With $225M Investment
by | Apr 26, 2023
U.S. Energy Development Corp. is expanding its footprint in the Permian basin, building on its existing investments of over $400 million in the region over the past year. According to CEO Jordan Jayson, many operators in the Permian region are turning to innovation and advanced tech to tap into the remaining potential of the area, improve efficiency and safety, and maintain high levels of output.
MORE
Bravis Brown CEO BPS Technology Servant Leadership

Water-Based Chemistry: North Texas Startup Invents Agriculture and Energy Solutions That Are Better for Business AND the Environment

by | Mar 2, 2021
BPS Technology CEO Bravis Brown calls his company's chemical-mechanical technology "revolutionary."

Filing a dozen patents in 2020, the Argyle-based company is moving fast to protect and scale a "first-of-its-kind" innovation called SymMAX that can reduce the amount of chemicals needed by almost any industry. This year the focus is on commercialization.
MORE
Fort Worth’s Energy Domain Launches as First-Ever Oil and Gas Minerals Transaction Platform
by | Nov 12, 2019
Energy Domain, a sister company to Fort Worth-based MineralWare, will provide an all-encompassing platform to list, evaluate, and transact a deal.
MORE
geforce
Oil & Gas Tech Firm Geoforce Moving, Expanding HQ to Plano
by | Aug 21, 2018
Geoforces' platform leverages GPS tracking devices with global satellite and cellular networks for global traceability and track-and-trace solutions to such industries as oil & gas, mining, agriculture, and transportatioin and logistics.
MORE
funding
Follow the Money: Jerry Jones Firm Invests $75M, Gradalis Raises $44M
by | Apr 3, 2018
From oilfield companies, to pharma, and elevator services, here are some of the latest capital raises, mergers, and acquisitions with North Texas ties that are giving the economy a lift.
MORE
forbes

3 DFW Biz Giants Among 100 Writers for Forbes’ Centennial

by | Sep 20, 2017
Jerry Jones, T. Boone Pickens, and H. Ross Perot Sr. relate how their life experiences helped them succeed in business.
MORE
plasma
ReStimCo: Plasma Fracking Could Inject New Life to Oil Fields
by | Oct 20, 2016
Plasma fracking could eliminate the need for water, sand, and chemicals in the fracking process.
MORE
Facebook
3 Things: Will Facebook Go All Video in 5 Years?
by | Jun 15, 2016
Today’s stories include the future of Facebook, Texas' economy is still a powerhouse, and a famed manufacturer is going to roll out an all-electric motorcycle.
MORE