oil industry

As conflict disrupts oil and gas flows through the Middle East, exports from the Port of Corpus Christi have reached new heights, driving jobs and investment along the Texas coast.

Trend lines indicate both are headed downard.

Many Gulf Coast refiners have a stake in the future of Venezuelan oil exports, as they've spent billions to process the country's heavier crude.

The International Energy Agency predicts production to outstrip demand by a record 4 million barrels per day by next year. Meanwhile, there are about a billion barrels in tankers currently at sea.

The expansion has boosted U.S. exports and brought down energy costs here at home.

CERAWeek in Houston has shown that despite agreements to transition away fossil fuels, oil and gas are still deeply entrenched.

New, more productive technology helped, along with pressure for profits.

Publicly held Diamondback Energy is buying privately held oil driller Endeavor Energy Resources, creating a company worth $50 billion.

The two-week United Nations summit on climate change will kick off on Nov. 30 and take place in Dubai this year.

Fifty years ago this fall, Arab members of OPEC cut off their oil exports to the United States.