Houston-based Micro- Seismic uses instruments called geophones on the surface or buried underground to capture and analyze sounds from a well while it’s being fractured. The technology, called surface microseismic, allows operators to customize the fracturing while it’s in progress, improving the efficiency of the resulting hydrocarbon extraction. More »
The White House on Friday unveiled a broad strategy for curbing greenhouse gas emissions, including regulations clamping down on methane tied to oil and gas development. More »
The Houston-area got its newest compressed natural gas filling station Thursday with the opening of a new facility across the street from local beer distributor Houston Distributing Company.
Total SA plans to seek shale gas with China Petroleum & Chemical Corp. by drilling in Anhui province, moving the third-largest European oil company closer to exploiting Chinese reserves that are the world’s biggest. Total and Sinopec, as the Chinese refiner is known, will search for gas in the 4,000 square-kilometer (1,500 square mile) Xuancheng […] More »
Even though flipping a coin has better forecasting skills than the dastardly groundhog, Punxsutawney Phil has unfortunately been on the money for this winter. Despite April on deck next week there is still snow on the ground (in more places than there should be), while our dearly beloved energy commodities have seen rampant demand, receding inventories, […] More »
Woodside Petroleum, Australia’s second-largest oil producer, missed its target for completing a deal to buy a stake in a natural gas project in Israel, 15 months after signing an initial accord.
Benchmark U.S. crude for May delivery rose $1.02 to close at $101.28 on the New York Mercantile Exchange. That is the highest closing price in three weeks. On Wednesday, oil jumped $1.07 to close at $100.26. More »
A disclosure document filed with the Securities and Exchange Commission by PG&E Corp. and its subsidiary said the company expects the federal government will bring criminal charges against the utility in connection with the Sept. 9, 2010, explosion of its transmission pipeline in San Bruno. More »
Key senators are pressuring the Energy Department to abandon its 2012 plan for processing applications to broadly export natural gas, insisting that the two-year-old approach does not do enough to prioritize projects that have secured financing, signed up customers and are close to winning other needed permits. More »
HOUSTON — European leaders visited Washington this week, urging U.S. lawmakers to allow more natural gas exports overseas, arguing the maneuver would reduce their dependency on Russia as an energy provider. But the largest American chemical company had a simple response: tough luck. More »
The price of oil remained above $100 a barrel Thursday as traders held positions after a surge the day before despite a larger-than-expected increase in oil supplies. More »
The quickest way for the United States to weaken Russia’s influence and help allies abroad is by exporting its crude oil — not its gas — Continental Resources CEO Harold Hamm told lawmakers on Wednesday. More »
U.S. consumers got a glimpse of rising future utility bills during the winter as coal- and nuclear-plant shutdowns boosted reliance on natural gas. More »
The U.S. is poised to become the top exporter of liquified petroleum gas — more commonly known as propane or butane — within just a few years, officials with research analyst IHS said Monday. More »
A detained billionaire who made a fortune as a middleman in Russia’s murky gas trade with Ukraine may hold the key for U.S. lawmakers seeking harsher sanctions against President Vladimir Putin’s inner circle. More »