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Fire reported at saltwater disposal well in Atascosa County

Authorities are investigating a large fire and a series of explosions about 70 miles south of the Alamo City at a saltwater disposal well owned by San Antonio-based Whitewater Resources LLC. Firefighters and deputies from the Atascosa County Sheriff's Office were called mid-Tuesday afternoon to the fire on the 11000 block of FM 99. No injuries were reported while the fire, which remains burning, is contained inside storage tanks on the property. With reports of explosions still taking place, the…

Exclusive: University Health System advancing $452M hospital expansion plan

University Hospital will gain 500,000 square feet of space designed to accommodate more than 300 new beds.

CPS Energy's course unchanged after Trump administration rollback of Clean Power Plan

CPS Energy remains committed to closing its coal-fired Deely Power Plant plant this year regardless of a Trump administration proposal to roll back the Obama-era Clean Power Plan. Under the Affordable Clean Energy Rule, which President Donald Trump announced Tuesday, the U.S. Environmental Protection Agency would give states the power to write their own rules to oversee emissions from coal-fired power plants. "We’re ending intrusive EPA regulations that kill jobs … and raise the price of energy…

SA private equity firm provides $200M to midstream energy company

San Antonio-based private equity firm EnCap Flatrock Midstream is backing a recently created pipeline and storage terminal company with $200 million in venture capital, the firm announced Tuesday. Candor Midstream LLC — formed in August 2017 to move and store natural gas, crude oil and waste water from drilling sites — plans to use the money from EnCap Flatrock to buy pipeline and storage terminal assets or to develop its own infrastructure. Houston-based Candor's management team includes former…

Telecom seeks state incentives to add hundreds of jobs in San Antonio

Telecommunications giant Charter Communications Inc. wants to open a new customer and accounts service center in San Antonio and significantly expand its local workforce. And it's seeking Bexar County's help to obtain a Texas Enterprise Zone designation that would reduce its state sales tax. In return, Charter plans to invest more than $9 million in the new center on Silicon Drive in Northwest Center, where it would house about 750 employees, including 455 net new hires. Just under 190 of the jobs…

Former Oxy CEO enters $191M deal to expand new company's South Texas footprint

Former Occidental Petroleum Corp. CEO Steve Chazen has entered into a $191 million deal to buy almost all of Harvest Oil & Gas Corp.'s assets in South Texas. Chazen's recently formed Magnolia Oil & Gas Corp. (NYSE: MGY) agreed to pay $135 million in cash and 4.2 million shares of its stock, worth an estimated $56 million, for Harvest's assets, Houston-based Magnolia announced Tuesday. The deal, which is expected to close Aug. 31, involves 15 oil and natural gas production sites in Karnes County…

Development partners bringing Class A office space to Government Hill

Bought in 2016 as a place to house a family office, the developers quickly realized the building's potential.

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