TCAP Commentary: PUC Puts Electric Providers on Notice

Are electric companies posting misleading rates on the state’s electricity buying website?
EOG Resources CEO Bill Thomas at EOG's offices in downtown Houston Thursday Sept. 25, 2014. (Billy Smith II  / Chronicle)

EOG CEO: Industry wary of false start on oil recovery

The energy sector won’t repeat last year’s mistake of rapidly boosting production the next time the price of oil hits $60 a barrel, said the chairman and CEO of EOG Resources.

Supreme Court Stays Clean Power Plan

In a surprising moves to legal experts, the Supreme Court today in a 5-4 ruling stayed the implementation of the EPA’s Clean Power Plan (CPP) supporting greenhouse gas reductions at fossil fuel fired power plants.  The move was surprising because the Supreme Court rarely involves itself in the determination of whether or not a temporary […]

IEA sees crude inventories over 3 billion barrels, OPEC loadings increase

One hundred and twenty-one years after W.G. Morgan invented volleyball, and from a rally that started with a spike overnight, we are now seeing some digging instead. For once, the IEA has managed to land the first punch, putting out its monthly oil market report before the EIA report (the short term energy outlook is […]
Categories: Crude oil, Eagle Ford, Texas
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(Photographer: Eddie Seal, Bloomberg)

Drillers shut down dozens of rigs last week, biggest pull-back since April 2015

Losses in the oil patch deepened in the second half of 2015 and into 2016 along with plummeting prices of crude.
The Shell logo sits on the side of a fuel tanker truck during a gasoline delivery at a gas station operated by Royal Dutch Shell Plc in Utrecht, Netherlands, on Tuesday, Jan. 26, 2016. Shell is on the brink of completing its biggest acquisition as shareholders look set to back its purchase of BG Group Plc. Photographer: Jasper Juinen/Bloomberg

Shell transitioning Houston truck fleet from diesel to LNG

The use of LNG and compressed natural gas — another new CNG fueling station opened Thursday in Houston — in commercial vehicles has rapidly expanded because of the nation’s cheap and bountiful supply of natural gas.
Wind turbines and oil pumpjack in action Tuesday, Oct. 27, 2015, north of Stanton, Texas.
(James Durbin/Reporter-Telegram)

Texas beats all other states combined in planned wind power growth

Despite the Lone Star State’s vast number of wind farms already in operation, Texas now counts more than half of the entire nation’s wind growth currently under construction.
(Spencer Platt/Getty Images)

Texas service industries also feeling sting from oil price crash

Most business owners that the Fed surveyed indicated they were becoming increasingly pesmistic about the Texas economy in the face of falling oil prices.
( Johnny Hanson / Chronicle )

Economist says Texas oil drillers may have unlocked crude supply lasting “decades into the future”

Despite the massive cutbacks, Texas in 2015 likely broke the state’s 43-year-old record for crude oil production.
Rick Burleson joins Paul Hastings as oil and gas leader.

Paul Hastings appoints new Houston oil and gas boss

The position is a new one Paul Hastings, he said, which already has a robust oil and gas practice.