Dawson Geophysical reports fiscal 4Q loss, but says overall demand no longer falling

Dawson Geophysical posts fiscal 4Q loss

MIDLAND, Texas — Dawson Geophysical Co., which provides seismic data to oil and gas companies, on Tuesday reported a loss for its fiscal fourth quarter, hurt by lower prices and downtime due to foul weather.

Dow names Merszei president of Dow Europe, Middle East, Africa; chairman of Dow Europe

Dow names CFO Merszei to overseas posts

MIDLAND, Mich. — Dow Chemical Co. on Tuesday said chief financial officer Geoffery Merszei will leave that post and take on the roles of president of Dow Europe, Middle East and Africa, chairman of Dow Europe and executive vice president of The Dow Chemical Co.

Chemical Financial declares regular quarterly dividend of 29.5 cents, payable Dec. 18

Chemical Financial sets dividend of 29.5 cents

Dow Chemical revenues tumble and company is not counting on improving conditions for 2010

MIDLAND, Mich. — Dow Chemical said Thursday that revenues slid in the third quarter and the company that makes the basic ingredients for everything from toys to cars is not counting on better conditions this year or next.

Clayton Williams abandons exploratory well in Liger Prospect, expects $18.5M 3rd-qtr charge

MIDLAND, Texas — Oil and natural-gas producer Clayton Williams Energy Inc. said Wednesday that it ended drilling operations on an exploratory test well because no commercial quantities of hydrocarbons existed in the sands.

Texas sheriff reprimands deputies over photo of scantily dressed waitress on squad car

MIDLAND, Texas — An embarrassed Sheriff Gary Painter fired one Midland County deputy and suspended three others without pay after a scantily dressed waitress holding a rifle posed for photographs on the hood of a patrol vehicle. Round Rock officers were dispatched to the restaurant after someone reported the waitress with the weapon, which had been given to her by one of the deputies who had been attending a training session near Austin.

Basic Energy shares move high as company reports flat rig count for July

MIDLAND, Texas — Shares of Basic Energy Services climbed Wednesday after the company, which services oil and gas wells, reported that its well servicing rig count remained unchanged during July and that demand showed modest, yet steady, improvement in its oil producing markets.

Dow Chemical prices $2.75B debt offering, on track to pay off bridge loan by year-end

MIDLAND, Mich. — Dow Chemical Co. said Tuesday it priced a $2.75 billion public debt offering, and will use the proceeds to help repay a loan used to acquire smaller rival Rohm & Haas Co. for $16.5 billion earlier this year.

Dow Chemical posts 2nd-qtr loss on special charges related to Rohm & Haas acquisition

MIDLAND, Mich. — Dow Chemical Co. on Thursday posted a second-quarter loss driven by charges related to the buyout of rival Rohm & Haas and dismal sales for chemicals used in everything from plastic bags to cars.

Basic Energy Services predicts Q2 loss, revenue shy of expectations

MIDLAND, Texas — Basic Energy Services Inc., an oil and gas well site services provider, on Wednesday predicted a second-quarter net loss and revenue just shy of analyst expectations.

Dow Chemical to close 3 Louisiana plants as company moves further into specialty chemicals

NEW YORK — Dow Chemical Co. said Wednesday it will close three Louisiana plants as part of a shift away from basic chemicals toward the lucrative business of specialty chemicals.

EPA, Dow Chemical resuming negotiations over plans for dioxin cleanup near Midland plant

MIDLAND, Mich. — Federal officials are resuming negotiations with Dow Chemical Co. over cleanup of dioxin pollution near the company’s Midland plant.

Hiring underway at Evergreen Solar’s $55 million Midland plant for making solar panel parts

MIDLAND, Mich. — Hiring is underway at Evergreen Solar Inc.’s new $55 million plant in Midland, which will make silicon components for solar panels.

Dow Chemical profits tumble 97 percent but still beats Wall Street expectations

MIDLAND, Mich. — Dow Chemicals says its first-quarter profit tumbled 97 percent because of falling sales, job cuts, and the acquisition of specialty chemicals company Rohm & Haas.