Fuel Fix

Study: East Coast states could cash in on offshore drilling

South Carolina would be among the states to reap benefits from offshore drilling, but some officials argue fishing and tourism could be threatened. Pictured, North Myrtle Beach, South Carolina. (Photo by Loren Steffy)
North Carolina, South Carolina and Virginia could rake in billions if the Interior Department opens up auctions on leases along the Atlantic Coast, according to the study. More »
The Chevron Corp. flag flies in front of the company's administrative building in Richmond, California. (David Paul Morris/Bloomberg)

Chevron first energy giant to meet new sustainable shale standards

The Center for Sustainable Shale said Thursday that Chevron Corp. is the first energy company to pass a review of 22 production sites in Pennsylvania, Ohio and West Virginia.  More »
Ferus Natural Gas trailers carry white tubes of compressed natural gas that power a Statoil drilling rig in North Dakota's Bakken Shale. Statoil, Ferus and GE are in partnership on a project to fuel the equipment with natural gas that Statoil produces along with oil in the Bakken. The company otherwise might burn that gas off through flare stacks because the remote region lacks infrastructure to get it to market. Statoil said Sept. 10, 2014 that it would expand the effort beyond an eight-month pilot project. ( Jay Pickthorn/AP/Statoil).

North Dakota needs $800 million for new housing, schools in wake of oil boom, state GOP says

North Dakota Republicans have put forward a plan to spend millions on rising problems in the wake of the oil boom in the state and the population increase that has resulted.  More »
Sen. Lisa Murkowski, R-Alaska (AP Photo/Chris Miller)

Lawmakers urge close look at energy costs

Republican Sens. Lisa Murkowski and Tim Scott want their Capitol Hill colleagues to examine how proposed policies will affect energy bills and the families paying them.  More »
Charif Souki, CEO of Cheniere Energy, was 2013's top-paid public company CEO in Houston and the nation. (James Nielsen / Houston Chronicle )

Cheniere Energy shareholders say ‘nay’ on pay

In a non-binding vote, Cheniere Energy shareholders have rejected the company’s 2013 compensation for its top brass, including $142 million in salary and stock grants for CEO Charif Souki.  More »
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Medlock: Without oil exports, drilling rigs could flee U.S.

It will take a “train wreck” of falling prices, declining oil production and idle drilling rigs before the United States lifts its longstanding ban on exporting crude, Rice University economist Kenneth Medlock predicted Wednesday.  More »
Jack Stark of Continental Resources Inc.

Continental Resources appoints new president to replace Bott

Jack Stark replaces outgoing W.F. “Rick” Bott, who resigned Sept. 11.  More »
ConeMidstrem Partners

Cone Midstream Partners launches IPO

Cone Midstream Partners L.P., a master limited partnership formed by Consol Energy and Noble Energy, announced Wednesday it will offer 17.5 million common units for sale to the public.  More »
(Billy Smith II/Houston Chronicle)

Enbridge to shift $900 million pipeline segment to Houston affiliate

Enbridge Inc. has announced a $900 million deal shifting its 66.7 percent interest in the U.S. segment of the Alberta Clipper Pipeline to its Houston-based affiliate, Enbridge Energy Partners L.P.  More »
A row of pump jacks operate in Apache Canada’s Provost field, located in the southeast part of Alberta (Apache Corp.)

Canadian bank takings bid on Apache assets in Alberta

The Bank of Nova Scotia is taking bids for Apache Corp. assets in Alberta, according to marketing materials on its website, in what could signal the latest divestment effort by the Houston-based exploration and production company.  More »
The Nissan LEAF Electric Car on display at the Houston Auto Show on Jan. 21, 2014. The Nissan LEAF gets the equivalent of about 129 miles per gallon in the city. (Marie D. De Jesus/Houston Chronicle)

Electric vehicles are getting cleaner, group says

Most Americans now live in regions where electric vehicles produce fewer greenhouse gas emissions than the most efficient hybrid cars, according to a new analysis.  More »
CenterPoint Energy says it must build a new transmission line to meet Houston's future electricity needs.  (AP Photo/Mark Duncan, File)

Proposed transmission line puts corporate powerhouses at odds

The Public Utility Commission of Texas will decide whether CenterPoint Energy can build a new transmission line that two Houston generating companies oppose.  More »
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