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NRG adds some power to transmission line debate

NRG Energy has begun building a new power plant in the Houston area, and says the region doesn’t need a proposed new transmission line that would bring power in from plants elsewhere in the state.  More »

Denton voters pass fracking ban

The vote made Denton, which sits atop a large natural gas reserve, the first city in Texas to pass such a ban. It sets up a legal showdown between the city and industry groups that have warned the ban could be followed by lawsuits and a severe hit to Denton’s economy.  More »

Marathon remains committed to shale drilling despite falling oil price

Despite falling oil prices, Marathon Oil said it remains committed to key U.S. shale plays.  More »

Targa profits double in third quarter, led by NGLs

Targa Resources Partners said it saw more volume and fees from its natural gas liquid business.  More »

Marathon’s profit falls 24 percent on crude price slump

Marathon Oil reported a 24 percent drop in third-quarter profit, as lower crude prices offset higher production.  More »

Moody’s: Refineries face flat demand, new competition

Shale oil will continue to give U.S. refineries a cost advantage over their European peers, but a few big refinery expansions in Saudi Arabia could steal market share.  More »

Fracking ban divides Denton

As Election Day nears in this small city 30 miles north of Dallas, a wary unease has settled over the early voting on a local referendum of national significance. If passed, the proposition would be the first to completely ban the petroleum extraction technique known as hydraulic fracturing in one small corner of the great oil and gas boom state of Texas.  More »

Valley hopes for economic boom from Mexico’s energy measures

The Rio Grande Valley, which has missed out on most the oil and gas boom in the nearby Eagle Ford Shale, may get its own boost from increased economic activity tied to Mexico’s energy overhaul.  More »

Q&A: Mexican energy reform is defining moment for translators

The reforms in Mexico’s energy sector, notably opening its state monopoly to private investors, will create new demand for translation services.  More »

Chevron’s profits climb 13 percent thanks to refining boost

The second-largest U.S. oil company also benefited from selling off some some of its assets as part of three-year divestment program.  More »

Who sets gas prices? Look to London, not US, report says

The government’s top energy analysts weighed into the debate on exporting crude Thursday, releasing a study asserting that the cost of gasoline inside the United States is closely tied to the price of international crudes, not domestic oil.  More »

Commentary: New poll shows generation gap applies to energy stances

Respondents to a University of Texas at Austin poll has shown that Americans’ opinions on energy and the environment vary drastically depending on how old they are.  More »

Hess profits increase 140 percent amid asset sale

Hess Corp.’s third quarter profits increased 140 percent to $1 billion, the New York-based exploration and production company announced, as the company enjoyed the proceeds of a massive asset sale.  More »

Anadarko-affiliated partnership to pay $1.5 billion for Permian midstream company

Western Gas Partners, a partnership formed by Anadarko, will pay $1.5 billion cash for Nuevo Midstream, a Houston-based  midstream company focused on gathering, processing and moving oil and gas from the Permian Basin.  More »

Hobgoblins, Fuzzy Math, and Wishful Thinking

In a recent post on the National Journal on-line, the founder of the Stella Group asserted that it is “nonsense…that renewable energy cannot meet the world’s energy needs… and many peer-reviewed global and country studies show just the opposite”.  He went on to state “most or all of our nation’s or globe’s energy needs can […]  More »
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