Fuel Fix

Sanchez Energy adds up its Eagle Ford barrels: 34 million

Sanchez Energy's Prost well in the Marquis area in Fayette County in the Eagle Ford Shale. (Sanchez Energy)
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 »
A natural gas drilling site in the Eagle Ford Shale. (Jake Lacey/Houston Chronicle file photo)

Excitement grows for another South Texas shale

The Eagle Ford Shale is a behemoth oil and gas field in both size and profits. But it’s not the only shale in South Texas.  More »
(Photo: Julien Tromeur, Flickr)

Oil ends week down 2 percent on tepid demand outlook

The price of oil was knocked lower Friday by a combination of ample supplies and lukewarm demand.  More »
Sanchez Energy's Prost A1H well in Fayette County, in the Eagle Ford Shale. (Sanchez Energy)

Railroad Commission approves well integrity rules

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 »
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Dr. Ernest Moniz speaks after being sworn in as Energy Secretary. (AP Photo/Susan Walsh)

Moniz: ‘This is the crucial decade’ to develop renewable energy

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 »
A joint venture between Total and BASF in Port Arthur is taking advantage of abundant shale gas. (AP file photo/Jacques Brinon)

BASF Total adapts steam cracker to take advantage of shale gas

BASFTotal Petrochemicals has revamped its Port Arthur steam cracker to process ethane, taking advantage of abundant U.S. shale gas.  More »
Former Shell CEO Jeroen van der Veer speaks during KPMG's Global Energy Conference at the Sonesta Hotel in Houston. (Cody Duty / Houston Chronicle)

Former Shell CEO: Safety must come first. And second. And third.

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 »
Gas prices are expected to hold steady in Texas over the holiday weekend. (AP Photo/Alex Brandon)

Gas prices hold steady for holiday travel

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 »
ExxonLogo

InterOil in talks with Exxon on developing natural gas fields

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 »
Shell's drilling rig Kulluk ran aground off a small island near Kodiak Island Tuesday Jan. 1, 2013. Opponents criticized the growing race to explore the Arctic for energy resources. (AP Photo/U.S. Coast Guard)

Tow vessel fuel problems preceded Shell grounding

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 »
An oil pump jack in motion. (AP Photo/Hasan Jamali)

BP, Shell, Statoil face U.S. lawsuit after EU oil price probe

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 »
(Photo: Loozrboy/Flickr)

Crude landlocked as Canadians join U.S. to halt pipelines

British Columbia, the Canadian province whose official slogan to its own beauty is “Super, Natural,” is invoking another saying: “No more supertankers.”  More »
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