Mella McEwen

1 week ago | mrt.com | Mella McEwen

Oil markets are adjusting after Friday’s surge following Israel’s attack on Iran’s nuclear and energy sites. As the conflict continues to intensify, civilian and energy sites coming under attack and the human toll mounting, oil analysts are seeking a direction for the markets.

2 weeks ago | mrt.com | Mella McEwen

U.S. oil and gas producers are already cutting back spending and activity in anticipation of a bumpy ride ahead. A new forecast from S&P Global Commodity Insights details just how bumpy that ride will get. As OPEC+ accelerates its unwinding of production cuts — along with supply growth elsewhere — the company forecasts production of oil and condensate will grow 2.2 million barrels a day in the second half of the year. That compares to expected crude demand growth of just 390,000 barrels per day.

2 weeks ago | mrt.com | Mella McEwen

There’s a new name in downtown Midland. The former Doubletree by Hilton Midland Plaza at 117 W. Wall Street is now the Wyndham Midland Downtown Hotel. Article continues below this adThe property temporality operated as the Midland Plaza Downtown while the conversion process was completed, according to John O’Connor, president of the hotel’s operating company, Hospitality Management Corporation out of Dallas.

2 weeks ago | mrt.com | Mella McEwen

Texas’ multi-year effort to receive primacy over Class VI underground injection wells is nearing its conclusion. The Environmental Protection Agency this week announced its proposed approval of the state’s request to administer permitting under the Safe Drinking Water Act (SDWA) for Class VI underground injection wells in the state. Texas already has primacy to administer underground injection control programs for Class I-V wells.

2 weeks ago | beaumontenterprise.com | Mella McEwen

Hurricane Barbara is roaming the Pacific Ocean off Mexico’s southwestern coast and Tropical Storm Cosme is developing in the same region as hurricane season gets underway. Though West Texas is hundreds of miles away, National Weather Service studies show the region is affected every three to five years by remnants of tropical systems originating in the eastern northern Pacific Ocean.