Posts by Author

Bloomberg

Senate Minority Leader Mitch McConnell, R-Ky., speaks to reporters this week. (AP Photo/J. Scott Applewhite)

Odds grow longer for Obama’s nominee to energy commission

on
Coal-industry and free-market groups have said Ron Binz promoted renewable energy over coal.
Categories: Coal, Politics/Policy
(Jerry Lara/San Antonio Express-News)

Opinion: Will the US squander its energy bounty?

on
Almost every aspect of the U.S. energy landscape is changing drastically — except government policy. Consider: The global price of oil has soared to more than $100 today from $30 a barrel in 2004. As a result, the U.S.’s annual bill for oil imports has risen to $365 billion, even though domestic oil production has jumped in the past two years to 7.5 million barrels a day from 5.5 million barrels.
Categories: Crude oil, Natural gas
The Eirik Raude semi-submersible rig operates on the Jubilee Field offshore Ghana. (Photo: Tullow Oil)

Tullow expects oil find in Madagascar as drilling set to start

on
Tullow Oil Plc (TLW), a U.K. explorer with most of its licenses in Africa, expects to find oil in Madagascar when it begins drilling in the south of the Indian Ocean island next year, a company official said.
Categories: Crude oil, Offshore
capitol building

Democratic senator says he’ll vote against Obama FERC nominee

on
Democratic Senator Joe Manchin said he’ll vote against President Barack Obama’s choice to lead the U.S. Federal Energy Regulatory Commission, throwing the confirmation of Ron Binz into uncertainty.
Dan Gertler, seen in this Sept. 18, 2000, file photo,  sits in his office in Ramat Gan near the Israeli city of Tel Aviv. Getler, 27, struck a deal that gives him exclusive rights to buy diamonds produced in the Congo. He claims the Congolese goverment's tax take from diamonds sales has surged 600 percent as a result. But goverment officials want out of the contract, arguing that Congo is losing money on it's valuable export.(AP Photo/Mati Stein)

Billionaire Gertler seeks partner for potential Congo oil find

on
Billionaire Dan Gertler is looking for partners to develop oil blocks in the Democratic Republic of Congo after seismic studies revealed “a lot” of oil, the director of Gertler’s Oil of DR Congo sprl said.
Categories: Africa, Crude oil
Megan Sakkal fills her vehicle with gasoline at the  Shell Station in the 300 block of South Shepherd Drive Tuesday, Aug. 27, 2013, in Houston.
( James Nielsen / Houston Chronicle )

What happens when the US isn’t the biggest gas guzzler?

on
Americans burn through 1.2 gallons of gasoline per person each day. There’s no other country that comes close. Even Canadians, themselves gas hogs, use almost a third less.
Categories: Gasoline
Jack  Gerard, CEO American Petroleum Institute during an editorial board interview on Wednesday, April 21, 2010, in Houston. (James Nielsen/Houston Chronicle)

Oil group chief says tax-code revamp unlikely to pass

on
A divided U.S. Congress probably won’t agree to revamping the tax code this year, according to the head of the American Petroleum Institute, which is lobbying to protect breaks for the oil and gas industry.
Union Pacific Railroad restored passenger train in Eugene, Ore. (AP Photo/The Register-Guard, Kevin Clark, File)

Railroads look past US oil-move costs helping pipelines

on
As 57,000 miles of U.S. crude pipelines threaten to lure business from railroads, Burlington Northern Santa Fe LLC and Union Pacific Corp. (UNP) are sticking to their bet on the nation’s energy boom.
Categories: Pipelines
A worker inspects  facilities on an oil drilling platform. (Getty Images)

Nigerian oil companies boost production as majors retreat

on
Nigerian-owned oil companies are boosting their share of the country’s output by taking up fields in restive areas as international energy companies retreat, Ecobank Research said.
Categories: Crude oil
Crewmen work a site for TransCanada's Keystone XL project in Wood County, Wednesday, Oct. 24, 2012, in Winnsboro. (Cody Duty / Houston Chronicle)

Keystone’s lobbying slugfest compared to big banking bill

on
The fight over the Keystone XL pipeline enters its sixth year this week with no signs of slowing down, making it one of Washington’s most protracted and pricey lobbying campaigns.