Category: featured

Drivers aren’t picking up on natural gas-powered F-150

Early sales numbers show that the public isn’t exactly clamoring for an F-150 powered by compressed natural gas.  More »

Texas crude production hits highest level since 1980

An index that measures oil and gas activity in Texas reached a record level last month, bolstered by rising production and wellhead prices.  More »

Big Oil comes up short in shale

The same North American oil patches that have lifted Pioneer and other independent oil producers to an unprecedented status in the energy industry haven’t come up gushers for major integrated oil companies like Royal Dutch Shell and BP.  More »

Executive pay drops as shareholder pressure rises on oil giants

Several of the largest U.S. energy companies cut into top-shelf executive pay last year as activist investors pushed them to shrink their oil empires and steer more capital to shareholder pockets.  More »

Inside University of Houston’s new high-tech research center (photos)

The University of Houston has been showing off its high-tech energy research center to political and industry leaders from around the world.  More »

Oil towns lead nation in population growth

New census data show a population surge as the oil boom draws workers and families to oil fields around the country. Some of the nation’s fastest-growing communities include two Texas towns in the Permian Basin and three cities near North Dakota’s Bakken Shale.  More »

Family says BP lied about man’s cause of death in terrorist attack

The family of a Houston man killed in a terror attack on a BP plant in Algeria early last year claims the oil company lied about how the man died and that its Internet access policy contributed to his death.  More »

Report: Bakken oil output to soar as spending hits $15B

Oil production in North Dakota and Montana’s Bakken and Three Forks formations will average 1.1 million barrels per day this year, according to estimates announced Wednesday by a research firm.  More »

Report: Clean energy investments drop globally

Global investment in clean energy technology fell 11 percent to $254 billion last year, according to a new study released Thursday by the Pew Charitable Trusts.  More »

Economists: Energy industry growth slowing, could hit Houston economy

Experts on Houston’s energy economy say the oil and gas industry is facing a slowdown that will affect job growth, mirroring the tempered outlook energy executives showed in a recent survey.  More »

Texas producing 36 percent of US crude

More than one of every three barrels of U.S. crude is pumped in Texas, according to the latest monthly figures from the federal Energy Information Administration.  More »

Energy executives turn pessimistic about industry’s future

Chief financial officers of some of the largest energy companies are more pessimistic than the rest of the business community on earnings growth, according to a new survey released by the consulting firm Deloitte.  More »
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