Ford puts a focus on electric cars
After test-driving the soon-to-go-on-sale Ford Focus Electric at a promotional event downtown on Thursday, Matt Hrna was impressed with its quick acceleration. It has more pickup than the four-cylinder gasoline-powered car he now owns. More »
Report: Carbon capture not growing fast enough to reduce CO2 pollution
Analysis by the Worldwatch Institute found that global spending on carbon capture and storage technology has stagnated, at $23.5 billion. More »
Got a spare? Extra BOP can reduce drilling downtime.
Some offshore drillers are adding spare blowout preventers so one can protect their wells while the second is down for maintenance or inspection. More »
Total will attempt to plug leaking Elgin well within days
Total SA, Europe’s third-largest oil producer, plans to begin within days an attempt to plug a North Sea well that has leaked natural gas for almost seven weeks. More »
$100K electric vehicle being investigated after Sugar Land fire
A $100,000 electric car is suspected in sparking a fire at a Sugar Land home last week, according to media reports. More »
Gasoline prices continue their month-long slide
Gasoline prices are continuing their downward trend as prices dropped 7 cents in Houston over the past week, according to AAA gas gauge. More »
CBO: Increasing domestic oil doesn’t help energy security much
A report released by the Congressional Budget Office Wednesday concludes that policies reducing oil consumption energy security more than growing domestic production. More »
Salazar: lizard might not be listed as endangered
U.S. Interior Secretary Ken Salazar said Wednesday that the dunes sagebrush lizard might not be listed as endangered if enough energy companies and ranchers voluntarily agree to preserve the sand-dwelling reptile’s habitat.
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Newly independent ConocoPhillips will expand in North America, CEO says
In the first shareholders meeting since ConocoPhillips split from its refineries, CEO Ryan Lance said the company will expand in Texas regions with a high content of natural gas liquids. More »
Houston Energy leaders challenge proposed increase in dividends tax
Two Houston energy executives are among 19 CEOs who are asking the administration to reconsider a proposed hike in income taxes on capital gains and dividends. More »
Report: Booming Eagle Ford Shale created 48K jobs
An oil and gas bonanza in South Texas supported nearly 48,000 jobs last year while creating overnight boom towns cashing in on a $25 billion economic windfall from the liquid-rich Eagle Ford shale, according to a university study released Wednesday. More »
Valero may have buyer for Aruba plant
Valero Energy Corp. said an interested party may be interested in buying its Aruba refinery for $350 million, plus working capital, according to a regulatory filing. More »
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