Simone Sebastian

Simone Sebastian

Simone is assistant editor for She's an award-winning journalist who has covered energy for the Houston Chronicle and education for the San Francisco Chronicle, among other major newspapers. You can follower her on Twitter, @SimonesNews. Contact her at 713-362-6145 or

Key Energy lowers third-quarter expectations

Key Energy Services forecasted that revenue will drop 4 percent to 5 percent compared to the second quarter, citing a decline in activity in the nation’s oil and natural gas fields.  More »

Tax credit has little impact on electric vehicle buys, CBO says

The Congressional Budget Office said the electric vehicle tax credit will cost nearly $2 billion, but doesn’t make electric vehicles cost competitive.  More »

Auto industry revs up for race to meet fuel standards

A federal mandate to slash the nation’s fuel demand has refiners bracing for a sales hit. But automotive and petrochemical engineers are heading into overdrive to create gas-saving technologies.  More »

Gulf oil activity approaching record levels, researchers say

Chevron and BP received more than half of the deep-water drilling permits granted in early 2012, according to a report by research firm GlobalData.  More »

IEA: Vehicles’ fuel needs can be cut in half by 2030

The Paris-based International Energy Agency encouraged governments to remove fuel subsidies and align vehicle-purchase taxes with fuel economy to help drive down the world’s carbon emissions.  More »

Politics are causing LNG export delays, attorney says

The United States will approve some plans to export its LNG regardless of the election outcome. But the decisions likely won’t come until next year, said energy attorney David Bloom.  More »

Phillips 66 CEO says exports will ease U.S. refining challenges

Despite growing focus on using exports of refined fuels to boost sales, CEO Greg Garland said Phillips 66′s future growth will be based in chemicals and natural gas processing.  More »

High gas prices boost nation’s August sales report

A nearly 31-cent jump in gasoline prices during August helped national retail sales grow 0.9 percent during an otherwise lackluster month, according to a federal report released today.  More »

Mideast woes, Fed move send oil to 4-month high

Turmoil in the Middle East and the announcement of Federal Reserve plans to stimulate the economy sent the price of crude oil rising Thursday to its highest level in four months.  More »

Anti-fracking activists plan global day of protests

Mock wrestling matches against oil executives are among the demonstrations organizers of #GlobalFrackdown hope to hold on Sept. 22. More than 100 protests are scheduled worldwide.  More »

Phillips 66 to build global headquarters in West Houston

The new refining giant, which split from ConocoPhillips in May, will build its global headquarters in the Westchase District.  More »

Researchers say bacteria consumed oil from Macondo oil spill

Use of chemical dispersant and the subsea location of oil released in the 2010 Gulf of Mexico disaster gave bacteria easy access to dissolve 200,000 tons, according to research published this week.  More »

Perry staffer takes helm at Texas Railroad Commission

The Texas Railroad Commission has appointed Milton Rister, a longtime player in Republican state politics, as executive director of the state’s top energy regulatory agency.  More »

Spectra plans export network for natural gas in Canada

Spectra Energy has joined the race to export Canada’s natural gas riches with plans to develop a multibillion-dollar pipeline to a proposed export facility near British Columbia’s Pacific coast, the company announced.  More »

Spectra Energy to build pipeline for Canadian LNG exports

Spectra Energy will develop a 525-mile pipeline to move natural gas to a proposed Canadian export facility near the Pacific coast, the company announced Monday.  More »
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