Page 3 - Texas

Texas power cooperative files for bankruptcy, citing $1.8 billion grid debt

The largest and oldest electric power cooperative in Texas filed for bankruptcy protection in Houston on Monday, citing a disputed $1.8 billion debt to the state's grid operator

Texas power firm files for bankruptcy citing claims from grid operator

The fallout threatens utilities and power marketers, which collectively face billions of dollars in blackout-related charges, executives said

US President Biden surveys Texas weather damage, encourages virus shots

President Joe Biden heard firsthand from Texans clobbered by this month's brutal winter weather on Friday

Texas lawmakers look to lay blame for deadly blackout, investigation on

"Who's at fault?" State Representative Todd Hunter demanded of utility executives. "I want to hear who's at fault. I want the public to know who screwed up"

Oil rises after data shows slump in US output amid Texas freeze

NEW YORK (Reuters) - Oil prices climbed on Wednesday to fresh 13-month highs after U.S. government data showed a drop in crude output after a deep freeze disrupted production last week.

Oil prices rise after data shows slump in US output amid Texas freeze

Gasoline production last week declined as a result of the Texas refinery shutdowns, to 7.7 million bpd

Texans will pay for decades as crisis tacks billions onto electricity bills

The price tag so far: $50.6 billion, the cost of electricity sold from early Monday, when the blackouts began, to Friday morning

Texas freeze: Extreme weather testing Biden's disaster management skills

Biden said Friday that he hopes to travel to Texas next week but doesn't want his presence and the accompanying presidential entourage to distract from the recovery

Texas freeze: State running out of food as weather disrupts supply

With grocery stores across the state shuttered for power outage, supermarkets that remain open have seen supplies dwindle

Power outages and water shortages as Texas shivers, says report

Misery deepens as a new storm threatens the US east coast

Brent crude oil prices give up gains after rising above $65 on Texas freeze

U.S. West Texas Intermediate (WTI) crude futures rose 5 cents to $61.19 a barrel, after earlier reaching $62.26, the highest since Jan. 8, 2020

Brent gives up gains after rising above $65 on Texas freeze

Prices also gained support from a larger-than-anticipated draw in the US crude oil inventories

Oil prices close to 13-month highs, supported by Texas cold snap

Benchmark Brent crude slipped 37 cents

Power cut across Texas as snow, ice blanket southern Plains

Officials in Houston had warned people to prepare for outages and hazardous roads conditions similar to what residents might see in the wake of a Category 5 hurricane

Can influx of high-tech industry transform Texas into 'new Silicon Valley'?

If Silicon Valley loses its marquee status, it will almost certainly give way to several hubs in Texas

US: Texas sues Joe Biden's administration over halt to deportations

The federal lawsuit seeks a halt to the deportation moratorium "for certain noncitizens" that was to begin Friday

The stampede from Silicon Valley

Regulatory burden is pushing big firms out of California

Texas suing Google over alleged anti-competitive ad tech practices

In a tweet on Wednesday, Texas Attorney General said his suit centres on the lucrative market for digital ads, where Google obtains most of its revenue

Texas becomes first US state to surpass 1 million coronavirus cases

Texas recorded 10,865 coronavirus cases on Tuesday

Texas becomes first US state to surpass one million coronavirus cases

There have been more than 1.2 million deaths from the disease worldwide since the pandemic started