Fuel Fix

NOV shares tumble on $3B buyback plan

iNOV Grant Prideco's Engineering Technology Center Sept 18, 2014. A worker at the combined load frame.  (Billy Smith II / Chronicle)
Publication History: 	Publication: The Houston Chronicle
PubDate: 9/21/2014 - PageNo: 1 - Section: D - Edition: H6 - CIMAGEID: 131712669
Caption: An employee checks machinery at NOV Grant Prideco's engineering technology center. It's part of National Oilwell Varco.

The oil field equipment maker’s cash back to investors may signal that its pool of buyout targets is running dry. More »
Ed Hirs, managing director of Hillhouse Resources, LLC and an energy economist at the University of Houston, participated in a debate on energy independence at the University of Houston on Sept. 30, 2014. (University of Houston photo)

Best path to U.S. energy security? Depends who you ask

Weaning the United States from crude shipped from overseas requires new policy solutions and a shift in thinking, but whether that means incentivizing oil and gas companies to drill more or investing in renewable energy depends on the perspective.  More »
An oil  train goes through Bakersfield, Calif.  (AP Photo/The Bakersfield Californian, Casey Christie)

Oil industry wants 7-10 years to phase out tank cars

Leading oil industry trade groups on Tuesday told federal regulators that proposed regulations to boost the safety of transporting crude by trains need to be phased in more slowly and should not mandate tank cars with extra-thick shells.  More »
(Mayra Beltran / Houston Chronicle)

Exxon fracking report responds to shareholders

Under pressure from the corporate responsibility group As You Sow, Exxon agreed earlier this year to reveal more about how it manages the risks involved with the drilling technique, known as fracking.  More »
U.S. Senator Ed Markey, D-Mass (SAUL LOEB/AFP/Getty Images)

Democrats to Obama: Get tough on oil companies drilling on public land

At issue is the Interior Department’s proposed rule to tighten standards for wells on federal and Indian lands, including new mandates for the hydraulic fracturing process used to coax oil and gas out of dense rock formations.  More »
This 2007 file photo shows the U.S. Coast Guard icebreaker Healy leaving Seattle for a scientific mission in the Arctic that included breaking ice well north of Barrow, Alaska. (AP Photo/Ted S. Warren, File)

U.S. could press for international Arctic drilling standards

The United States may use its role heading the Arctic Council to push for standards governing oil drilling and development throughout the region, the Obama administration’s top Arctic envoy said Tuesday.  More »
Photo:  GQ.com

Commentary: What does it take to call yourself a “professional”?

Being a professional isn’t then just receiving payment in exchange for a service. It represents a state of “being”, a code you set for yourself that encompasses not only expertise in your chosen field, but also striving for to meet the highest standards of moral behavior and personal conduct.  More »
(Photo by Joe Raedle/Getty Images)

Autumn brings fall in gasoline prices

Gasoline prices are about a dime lower as September ends than at the beginning of the month.  More »
The Empire State tanker is one of five that Kinder Morgan plans to purchase from American Petroleum Tankers, part of a $1 billion deal that also includes four newly built vessels from State Class Tankers. (American Petroleum Tankers)

Condensate export numbers trickle out

New government data about crude exports includes information about the first-known U.S. exports of lightly treated condensate, but the real details are hidden from view.  More »
Yellow oil barrels

Crude oil in U.S. slides most in 22 months on growing supply

Oil for November delivery fell $3.41 to end at $91.16 a barrel.  More »
The Anadarko towers are shown Wednesday, Oct. 9, 2013, in Houston. The new Hackett Tower is shown on the left, and the Allison Tower is on the right. ( Brett Coomer / Houston Chronicle )

Anadarko wants rehearing on oil spill fines

The Woodlands oil explorer wants to clear its name of oil spill penalties stemming from its involvement in the Deepwater Horizon disaster in 2010.  More »
(AP Photo/Pat Sullivan)

New pipelines to end Midland crude discount in coming months, analyst says

The BridgeTex pipeline began its first shipments of oil from the Permian Basin to the Gulf Coast, in what could be an important step toward bringing oil prices in the Midland region back toward parity with the U.S. benchmark set in Cushing, Oklahoma.  More »
Page 1 of 1,38812345...102030...Last »