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HEI- Energy headlines, a recap

Texas may dodge worst of the oil bust This oil bust may not be so bad. Since the first big gusher came roaring out of…





Phillips 66 Partners $1 billion midstream deal

Houston-based Phillips 66 Partners LP (NYSE: PSXP) will acquire Phillips 66’s (NYSE: PSX) interest in three pipeline systems for $1.01 billion. A global oversupply of…




Texas may dodge worst of the oil bust

This oil bust may not be so bad. Since the first big gusher came roaring out of the ground on Spindletop Hill in Beaumont in…


Brent oil back above $60

Oil rose above $60 a barrel on Friday for the first time this year, bringing its gain this week to almost 4 percent, supported by…


Halliburton to cut about 6,400 jobs

Houston-based Halliburton (NYSE: HAL) plans to lay off about 6,400 employees. Tuesday the oil services provider said it would lay off 8 percent of its…