Posted on July 23, 2012 at 1:04 pm by Simone Sebastian in
Deals,
Electricity
The company has no plans to expand power generation in Texas, NRG CEO David Crane said in a press call Monday.
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Posted on July 20, 2012 at 11:08 am by Simone Sebastian in
General
Despite struggles in the U.S. hydraulic fracturing market, Baker Hughes improved its U.S. operations and benefitted from more drilling activity overseas.
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Posted on July 20, 2012 at 6:40 am by Simone Sebastian in
Accidents,
Refining
The brand-new crude distillation was shut down in June after it suffered severe damage from a chemical leak.
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Posted on July 19, 2012 at 1:59 pm by Simone Sebastian in
Coal
U.S. coal exports nearly doubled between 2009 and 2011, according to a report released today by Democratic members of the House Natural Resources Committee.
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Posted on July 18, 2012 at 6:52 pm by Simone Sebastian in
Pipelines
Second-quarter profit fell 33 percent decline as Kinder Morgan prepared to sell off assets to meet regulatory requirements for its El Paso acquisition.
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Posted on July 13, 2012 at 6:41 am by Simone Sebastian in
Wind
The Obama administration touted its “all-of-the-above” energy approach in Houston on Thursday with dual promotions supporting natural gas vehicles and a federal tax credit for wind power.
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Deputy Energy Secretary Daniel Poneman promoted the wind power Production Tax Credit and new federal grants for natural gas vehicles.
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Posted on July 12, 2012 at 12:31 pm by Simone Sebastian in
Crude oil
The Gulf of Mexico helped grow oil and natural gas volumes in the U.S. by 14,000 barrels per day during the first two months of the quarter, Chevron said in its interim financial update.
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Posted on July 12, 2012 at 8:17 am by Simone Sebastian in
General,
Pipelines
Shells plan to move fuels eastward from Houston to Houma, La. is winning customers and federal approvals, the company said.
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Posted on July 11, 2012 at 11:59 am by Simone Sebastian in
Crude oil,
Deals,
Natural gas
Noble will sell 900 wells in the Anadarko Basin, largely producing natural gas, to Unit Petroleum in a $617 million deal.
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Posted on July 11, 2012 at 6:55 am by Simone Sebastian in
Coal,
Electricity,
Natural gas
In the latest signs of coal’s decline, a Midwestern company files for bankruptcy just as coal is dethroned as the nation’s leading power producer.
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Posted on July 11, 2012 at 6:04 am by Simone Sebastian in
Wind
The wind power industry, which has been one of the nation’s fastest growing energy sectors, is facing layoffs and factory closings as a federal subsidy nears an end.
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