Category: featured

Shell formally launches 2015 Arctic drilling bid

Shell’s campaign to resume Arctic drilling in 2015 took a major step forward Thursday, as the company gave federal regulators a broad drilling blueprint that lays out plans for boring new exploratory oil wells in the Chukchi Sea. It is the strongest evidence yet that the company will keep pursuing a big discovery in the U.S. Arctic, after a mishap-plagued 2012 exploration campaign ended with the grounding of a drilling rig and a $200 million writeoff.  More »

Texas lawmakers focus on oil boom

Above all, the oil boom has emerged as a singular force driving the state’s great challenge of the 21st century, the post-urbanization population surge.  More »

Drillers in Colorado especially mindful of the neighbors

Producers are finding ways to centralize oil field operations in a bid to boost efficiencies, cut costs and minimize disruptions for residents in the populous Colorado Front Range.  More »

Voters go with oil companies in fight over Alaska taxes

Alaskans narrowly defeated an effort to repeal an industry-friendly oil tax regime adopted last year.  More »

Saudi Aramco invests $30 million in methane-to-gasoline startup

Siluria Technologies has received $100 million investment in its effort to develop a more efficient process for making gasoline from methane–the main component of natural gas, which is so plentiful in the United States now that some is burned off in flares because it isn’t marketable.  More »

Hoping for its own shale gale, China seeks U.S. know-how

U.S. companies are entering joint ventures to provide China with the tools it needs to get at oil and gas locked in shale.  More »

Refiners adapt as oil supply tips away from imports

As more U.S.-produced oil makes its way to Gulf Coast refineries, they’re having to retool to process the domestic crude — which is a different grade than the imported oil they’re designed for but also is often cheaper.  More »

Slaying of Apache Corp. worker underscores dangers in Egypt

The shooting death of an Apache Corp. oil worker in Egypt last week underscored the dangers of working in Egypt’s remote oil patches, and may make investors nervous about the Houston company’s continued presence there.  More »

Kinder Morgan to unite a house divided in $44 billion deal

Kinder Morgan Inc. will acquire three publicly traded subsidiaries in a $44 billion deal combining the components of the giant Houston-based pipeline empire.  More »

Mexico’s new energy rules could bring profits and problems

Private oil companies will look carefully before they leap into Mexico’s new energy environment.  More »

Old power plant site may provide energy again.

An old Houston Lighting & Power generating plant just outside South Loop 610 could get new life turning natural gas into crude oil.  More »

North Dakota’s crude production continues to grow on strength of Bakken, Three Forks

Drillers are gaining new insights into the geologies of the Bakken Shale in North Dakota, where production is topping 1 million barrels a day.  More »
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