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Author Archives: Zachary Toliver

Vanguard Natural Resources to acquire Eagle Rock Energy

pumpjacked

HOUSTON — Vanguard Natural Resources LLC will acquire Eagle Rock Energy Partners LP in a $474 million deal. The agreement was announced Thursday by the Houston-based companies. Vanguard Natural Resources will also assume $140 million of debt from Eagle Rock Energy Partners, which will become a wholly-owned indirect subsidiary. The agreement requires approval of the boards of both companies. Vanguard ...

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U.S. drivers yield ‘swing’ oil demand crown to Saudis

NEW YORK – As the United States raced over the past five years toward becoming a global petroleum powerhouse, the world’s biggest oil exporter Saudi Arabia quietly seized a market milestone from America: the largest source of peak summer demand. From June through August, when temperatures in Riyadh routinely rise above 100 degrees Fahrenheit (38 degrees Celsius), Saudi Arabia diverts ...

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Not in my state! Texas just protected the impossibility of buying a Tesla vehicle

Tesla motors experienced a substantial setback in the Lone Star state last week as the deadline passed for legislation to allow the company to sell cars in Texas at up to 12 locations. Midnight Thursday was the last opportunity for House Bill 1653 to gain full-chamber approval. Although the bill had support from both parties, strong opposition from car dealers ...

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Federal study of dolphin deaths after BP spill due

NEW ORLEANS — The results of a federal study into possible links between BP’s catastrophic 2010 oil spill and a spate of dolphin deaths since the spill is set to be released Wednesday. The study is part of a wide-ranging assessment of ecological damage caused by the spill. Federal scientists have indicated that they believe there is a connection between ...

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