EXCO Resources, Inc. announced an agreement to acquire producing oil and natural gas properties, acreage and other assets in multiple fields located in the Mid-Continent, South Texas and Gulf Coast areas of Oklahoma and Texas from Anadarko Petroleum Corporation for $860 million in cash, subject to customary purchase price adjustments. The acquisition includes [...]

Pioneer Natural Resources Company announced that Scott Sheffield, Chairman and CEO, will present at The Credit Suisse Energy Summit on February 8, 2007 at 8:50 a.m. MT.
Any interested person may listen to the live presentation and view the presentation slides during the conference, or hear an archived version afterwards, by logging on to Pioneer’s [...]

Celanese Corporation , a global hybrid chemical company, today announced completion of the acquisition of the cellulose acetate flake, tow and film business of Acetate Products Limited (APL), a subsidiary of Corsadi B.V. The transaction excludes the limited business activity in Romania as regulatory review continues and is expected to be completed by the end [...]

Heartland Oil and Gas Corp. announced that its Board of Directors has approved a resolution to evaluate strategic alternatives to maximize value for the Company’s investors. Such alternatives would include, but are not limited to, additional equity or debt, mergers, acquisitions, or divestitures of all or part of the Company.
The Company has engaged Dallas-based Energy [...]

That’s what environmental protesters dressed in business suits and stovepipe hats delivered to the Wall Street investment bank on Tuesday.
“Billionaires for Coal” and members of the nonprofit Rainforest Action Network staged the stunt to protest the bank’s role in financing Dallas-based utility company TXU’s plan to build 11 new coal power plants across Texas in [...]

Exxon Mobil Corp. plans to develop gas wells in Dallas-Fort Worth with an affiliate of the Harding Co., Harding said Monday.
Through a partnership Cinco County Barnett Shale LLC, Irving-based Exxon Mobil plans to produce and market gas from the Barnett Shale natural gas formation through an extensive, existing pipeline network.
Financial terms were not disclosed.

The domain of snakes, scorpions and scrub brush since time immemorial, a stretch of desert in northwest Peru could soon become an unlikely generator of jobs and economic well-being, thanks to the booming U.S. market for ethanol.
At a ceremony this month, energy firm Maple Cos. closed a deal to buy 25,000 acres of unused and [...]

Exxon Mobil, the oil conglomerate whose operations span the globe, is now drilling for natural gas very close to home, according to a news report Monday.
The world’s largest publicly traded oil company, by market capitalization, has begun drilling in the Barnett Shale gas field around Forth Worth, Texas, said The Wall Street Journal.
Exxon’s global [...]

Three men were taken to the hospital Friday evening following a drilling rig collapse in Upshur County, according to a Gilmer Fire Department official.
The men, whose names have not yet been released, were working on a rig owned by Dallas-based energy company Matador Resources off Highway 271 and FM 2088.
Officials said a derrick collapsed [...]

TXU Corp., facing a string of global-warming bills, is ramping up efforts to lobby the new Congress over its controversial plans to build coal-fired power plants across Texas.
Dallas-based TXU has been betting that lawmakers wouldn’t enact environmental legislation penalizing the company for the 11 plants it wants to build. But Democratic leaders in Congress have [...]