In this photo released by Saudi Press Agency, Deputy Crown Prince of Saudi Arabia, Prince Muqrin bin Abdulaziz Al Saud, front, receives Venezuelan President Nicolas Maduro, center, at the King Khalid International Airport in Riyadh, Saudi Arabia, Sunday, Jan. 11, 2015. (AP Photo/SPA)

Saudi prince sees ‘excellent’ oil market as kingdom meets demand

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“We will supply any demand for Saudi oil, as we are interested in the stability of the market,” Prince Abdulaziz said.
(Sam Hodgson/Bloomberg)

Guest commentary: America’s new and improved energy mix

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Demand for alternative energy sources is untethered from oil and natural gas prices, the writers argue.
A Cabot Oil & Gas Corp. natural gas drilling rig operates in the Marcellus Shale in Pennsylvania. (Cabot Oil)

Cabot’s profits slip 62 percent amid lower oil prices

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The Houston-based company said it offset plunging prices by ramping up output in the first quarter.
(AP file photo/John Moore)

Saudi Arabia’s solution to global oil glut: Pump even more crude

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The world’s biggest oil exporter now has incentive to maximize output and undermine rival producers by using its reserve capacity.
(Daniel Acker/Bloomberg)

Oil at $65 seen freeing 500,000 barrels from shale fracklog

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Producers in oil and gas fields from Texas to Pennsylvania have 4,731 idled wells at their disposal.
Sen. Lisa Murkowski, R-Alaska, speaks during the opening panel discussion of IHS Energy CERAWEEK on Monday, April 20, 2015, in Houston. ( Brett Coomer / Houston Chronicle )

Quotable CERAWeek: Memorable lines from energy industry leaders

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The new reality of oil, was the biggest topic, and the executives who took the stage focused on detailing how their companies would survive.
(Dave Schumaker/flickr)

Report: Man-made earthquakes shake over a dozen areas in US

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The man-made quakes jolted once stable regions in eight states, including parts of Alabama, Arkansas, Colorado, Kansas, New Mexico, Ohio, Oklahoma and Texas, according to researchers at the U.S. Geological Survey.
Exxon Mobil Corp. CEO Rex Tillerson speaks to 2015 IHS Energy CERAWeek. (Billy Smith II/Houston Chronicle)

CERAWeek Commentary: American oil CEOs avoid climate change talk, while Euro counterparts take it head on

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No fewer than three U.S. oil executives attending IHS Energy CERAWeek have said government regulations need to be based on science, not public sentiment. Yet not one of them talked about the scientific consensus acknowledging global climate change.
Kinder Morgan CEO Richard Kinder speaks at the 2015 CERAWeek conference in Houston. (Billy Smith/Houston Chronicle)

Richard Kinder at CERAWeek: Industry hides from public “like we’re selling cigarettes”

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Kinder said in an interview that oil and gas leaders hadn’t done enough to show how important the industry is
(Daniel Acker/Bloomberg)

CERAWeek: Refiners need more infrastructure to process the surge of U.S. crude

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Revitalized North American crude production has created abundant sources of oil for refineries to process, but has raised the challenge of how to move it from the field to refineries.