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Ryan Holeywell

Petrol Prices At U.K. Gas Stations As Price Of Oil Continues To Fall

Cheap gasoline is helping some states rake in more tax revenue

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Low oil prices could help shore up some states’ coffers, since increased driving brought on by cheap fuel will also result in more gas tax revenue.
Marathon Bakken drilling

U.S. oil rig count down 42 as industry’s slowdown accelerates

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The number of rigs drilling for oil in the U.S. fell by 42 this week, a reversal from previous figures that suggested the industry’s pull back was slowing down.
(Photographer: Daniel Acker/Bloomberg)

Wages for oil and gas workers are growing the slowest of any industry

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Falling oil prices and a slowdown in the energy sector have prompted wage growth in the oil and gas industry — as well as Houston at-large — to come to standstill, according to new data.
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(Paul O'Driscoll/Bloomberg News)

Shell sets $70 billion deal to buy BG Group

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Shell said that bringing the two companies together would produce financial gains of about $2.5 billion a year.
An Energy Department grant helped CenterPoint install smart meters in its entire service area two years ahead of schedule.  ( Melissa Phillip / Houston Chronicle )

Feds say CenterPoint was smart with grid grants

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Energy Department grants funded more than a fourth of CenterPoint’s $750 million project to reduce the duration of power outages and provide customers timely information about their electricity use.
A Tenaris Conroe employee lines up a stack of pipes so a Petibone forklift can pick the up to put into another pile waiting to be finished for sale Tuesday, April 13, 2010, in Conroe.  (Nick de la Torre/Chronicle)

Hundreds more Houston-area jobs cut as oil-equipment demand falls

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Falling oil prices have prompted businesses affiliated with the the energy industry to announce more than 400 job cuts in the Houston area as demand for their products and services falls.
EV ENERGY PARTNERS, LP LOGO

Houston-based oil and natural gas developer sells Utica stake for $575 million

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EV Energy Partners will sell its 21 percent stake in a system of natural gas gathering and compression facilities in eastern Ohio for $575 million, it announced Monday morning.
(Photo by Robert Nickelsberg/Getty Images)

Odessa coal-to-gas power plant to break ground this year

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A new power plant in West Texas that essentially transforms coal into cleaner-burning natural gas is poised to break ground later this, an executive in charge of it said at a conference in Houston Wednesday.
(Apache Corp.)

Apache has pumped almost 1 million barrels of oil from its Egypt fields since November

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Apache has already spent $14 million to install production facilities at two fields in Egypt’s Western Desert.
Rep. Sylvester Turner speaks at the Texas State Capitol in 2009. (Jay Janner/Austin American-Statesman)

Electric industry pushes back against bill restricting minimum-use fees

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During a late-night hearing in Austin on Wednesday, the companies argued that “minimum use fees” — charged to customers who use too-little electricity each month — are fundamental to the economics of some power plans.