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In this Tuesday, Feb. 24, 2015, photo, an activist waves a placard calling for the ban of fracking during a news conference outside the Colorado Convention Center in Denver. (AP Photo/David Zalubowski, File)

Ballot fight over fracking could be shaping up in Colorado

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Frank McNulty, a Republican former state lawmaker who sponsored a pro-industry ballot measure in 2014, expects fracking opponents to turn to voters next year.
A spinoff of National Oilwell Varco announced plans to buy a company that supplies the energy industry with pipes, valves and fittings.

Oil rig count grows again after gains in the Permian

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Five oil rigs were added this week in the U.S., although gas and miscellaneous rigs dipped by four, leaving a net gain of one rig for the week, according to data from oil services provider Baker Hughes.
Photographer: Stephen Hilger/Bloomberg News.

IEA: Oil market bottom may still be ahead

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Crude prices may have further to fall before the oil market can re-balance global supply and demand and fix the oil glut that toppled $100 oil last year, the International Energy Agency said Friday.
Exelon Corp. will use GE gas turbines, like the one pictured above, in its Texas plants. (GE)

Exelon expanding gas-fueled power plants near Houston, Fort Worth

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The projects, which are roughly $750 million each, will triple the amount of power production at Exelon’s Colorado Bend Generating Station in Wharton, which is about 45 miles southwest of Houston. The second 1,000-megawatt expansion is for the Wolf Hollow Generating Station outside of Fort Worth.
In this Dec. 17, 2014 photo, workers tend to oil pump jacks behind a natural gas flare near Watford City, N.D. Natural gas, the nation's most prevalent heating fuel, is getting cheaper just as winter is arriving because of mild temperatures and plentiful supplies. (AP Photo/Eric Gay)

U.S. oil output still barreling toward 45-year record

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U.S. oil production edged down in May and will likely continue swooning until early next year as plunging crude prices continue to pummel domestic producers, according to a new federal report.
Low clouds blanket Anchorage, Alaska, east of downtown, on Friday morning, December 7, 2012. An optical illusion known as Fata Morgana distorts the view of the mountains west of Cook Inlet. Alternating warm and cold layers of air bend light to create the effect. (Marc Lester/Anchorage Daily News/MCT)

Hilcorp acquires Exxon Mobil subsidiary’s Alaska assets

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The new deal is part of Hilcorp’s expansion in the state. The company arrived four years ago and has since become a major player in oil and gas in Cook Inlet and the North Slope.
A worker at Valero Energy's refinery in Three Rivers, Texas, Oct. 12, 2012. Refining, once regarded as a low-margin, accident-prone part of the energy industry, is doing better in part because of cheaper natural gas and domestic crude oil. (Michael Stravato/The New York Times)

Chemical plants and refineries hoping to hire laid off oil and gas engineers

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The global oil slump is striking the upstream sector at a critical moment for downstream companies as they scramble to address a growing problem of a lack of qualified middle-management workers rising through the ranks, according to a new analysis by executive search firm Proco Global.
A Linn Energy relief driller loads drill rods onto a rig in Indiana, Pennsylvania in the Appalachian Basin. (AP file photo/Andrew Rush)

Linn Energy sells Permian assets, finalizes $1.5 billion in equity deals

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The assets include 6,400 net acres northeast of Midland for prospective horizontal drilling in the Wolfcamp area of the Permian. The deal also includes existing production from 133 wells in the area.

Demonization: The Death of Civil Discourse

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Presidential campaigns and daily coverage of candidates are a stark reminder that politics has become a blood sport where demonization is the coin of the realm. Candidates and their campaigns spend too little time discussing their views on issues and programs and too much time following the principle of “go negative early”. Civil discourse is […]
Categories: featured, General, p2
(Photo by Eddie Seal for Bloomberg News)

U.S. oil rig count jumps up by a dozen, the first increase in 2015

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The amount of U.S. rigs drilling for oil increased for the first time this year after 29 consecutive weeks of declines.