The Houston-based Sanchez Energy Corp. said in a recent call with analysts that it thinks it will soon have about 34 million barrels of proven reserves in the Eagle Ford Shale. More »
As legislators considered the possibility that there won’t be a last-minute reprieve for the agency that regulates oil and gas drilling in Texas, the Railroad Commission adopted long-awaited requirements Friday spelling out new regulations for oil and gas operators. More »
Though it produces lower carbon emissions than other fossil fuels, natural gas should be viewed as a bridge to a more renewable energy-driven economy, Moniz said. More »
Putting safety first is one of the most important ingredients to a successful major energy company, said former Shell CEO, Jeroen van der Veer, sharing a list of problems that executives need to watch out for. More »
Drivers paid $3.42 for a gallon of regular unleaded gasoline in Houston Friday, up one cent from a week ago but down 12 cents from last Memorial Day. More »
InterOil Corp., the Australian energy company with licenses to explore about 3.9 million acres, said it entered exclusive talks with Exxon Mobil Corp. to develop natural gas fields in Papua New Guinea. More »
Testimony in the grounding of a Royal Dutch Shell PLC drill barge off a remote Alaska island focused Thursday on why its towing vessel unexpectedly lost power in stormy conditions in the Gulf of Alaska. More »
The three oil producers under investigation by the European Commission for manipulating oil prices are being sued in a class-action lawsuit in the U.S. More »
British Columbia, the Canadian province whose official slogan to its own beauty is “Super, Natural,” is invoking another saying: “No more supertankers.” More »