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George Mitchell honored on floor of U.S. House

U.S. Rep. Randy Weber, R-Friendswood, honored George Mitchell, who died Friday at the age of 94, on the floor of the U.S. House of Representatives.  More »

Commentary: Ten reasons I love my career in oil & gas

Everything I participate in, from work, to school, to this column, to “The Way Ahead”, to get-togethers with my friends and the conversations I have with my family, involves oil & gas. From the moment I wake up, to the moment I go to sleep, I deal with oil & gas, and it’s been that way for nearly six years (and counting!). It’s time consuming, it’s exhausting, but I love it. It’s a part of my identity and my level of involvement is a choice I make consciously, by myself, and it’s one I’m proud of.  More »

Mexico opposition party seeks legislation for Pemex to sell shares

The changes would require additional legislation to enable a “small” share sale, said Salvador Vega, the party’s top member on the Senate Energy Committee. The proposal would also break the monopoly on electricity generation and distribution held by state power company Comision Federal de Electricidad.  More »

Drilling rigs in the Eagle Ford – and across the U.S.

Texas has 848 drilling rigs hunting oil and gas – 47.7 percent of U.S. rigs, 24.6 percent of all rigs worldwide, according to the latest Baker Hughes rig count. The Permian Basin in West Texas has the biggest share – by a bunch – of the state’s drilling rigs, with 386. The Eagle Ford Shale  Read More  More »

Domestic biodiesel production hits record in May

U.S. biodiesel production hit a record level of 111 million gallons in May, according to data released Wednesday by the U.S. Energy Information Administration.  More »

BP not expecting spill settlement (video)

BP Chief Executive Officer Bob Dudley said it’s unlikely Europe’s second-biggest oil company will reach a settlement with the U.S. over the Gulf of Mexico disaster as provisions set aside to pay for the spill rose.  More »

Direct Energy is buying Hess unit for $1.3B

Direct Energy Resources, a North American subsidiary of Centrica that is based in Houston, will buy the marketing business of Hess Corp. for $731 million in cash.  More »

Wildlife area becomes site for gas drilling

The Lewis Wetzel Wildlife Management Area in Wetzel County has become home to more than deer and other critters. Several energy companies have moved into Lewis Wetzel to drill for natural gas.  More »

Crews ready rig to drill relief well at blowout site

Crews are preparing to drill a relief well to seal the one that blew out Tuesday, triggering a natural gas leak and rig fire in the Gulf of Mexico.  More »

Commentary: “Holy Frac, My Brakes Aren’t Working!”

Well, after posting last week’s article on celebrities and fracing, I’ve come to the conclusion that the key to getting traction with the readers of “Building Hydrocarbon Bonds” is…dropping Zooey Deschanel’s name (or maybe it was making her picture the article thumbnail).  Ironically, my article advocating for people not to pay attention only to celebrity […]  More »

Chevron to promote shale drilling in Europe

Chevron Corp. (CVX) is betting it can win over eastern Europeans with the idea of energy independence even after dry wells and government delays led Exxon Mobil Corp. and Talisman Energy Inc. (TLM) to scrap efforts to tap natural gas deposits in Polish shale.  More »

Nothing New Under the Sun or Who’s to Blame for High Gasoline Prices

When gasoline prices go up so does the level of agitation on Capitol Hill.  It is as predictable as sunrise. Last week, the Senate Energy and Natural Resources Committee held a hearing, ostensibly, to find out why gasoline prices are rising when domestic oil production has reached levels not seen in 20 years.  It would […]  More »