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Oil rises on prospect of OPEC output cut

Oil for October delivery rose $1.96 to $94.88 a barrel.  More »
(AP file photo/ Mikhail Metzel)

Russian billionaire placed under house arrest

Russian media reports said in June that Russia’s largest oil company, state-controlled Rosneft, considered buying Bashneft, part of Vladimir Yevtushenkov’s empire.  More »
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Natural gas company seeks federal OK for pipeline

Houston-based Kinder Morgan wants a natural gas pipeline through northern Massachusetts .  More »
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BP Alaska plans layoffs following Hilcorp sale

Gov. Sean Parnell said he was “extremely disappointed” by the planned layoffs.  More »
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Crude bounces back on dollar’s decline

Oil for October delivery climbed 65 cents to end at $92.92 a barrel.  More »

Q&A: Accenture’s Melissa Stark on shale plays worldwide

From Ryan Holeywell, FuelFix: Melissa Stark, managing director of Accenture’s New Energy Business, is the consulting firm’s expert on shale development. The firm recently published an update on the outlook for unconventional plays in nine countries. Stark, who’s worked in the United Kingdom for 20 years, spoke with the Chronicle recently about what’s on the […]  More »
A monument to Ukrainian poet and writer Taras Shevchenko is silhouetted against an apartment building with a sign advertising Russia's natural gas giant Gazprom, in Moscow. (AP Photo/Alexander Zemlianichenko, file)

Poland resumes gas deliveries to Ukraine

The spat between Poland and Russia came amid concerns that Moscow is ready to use its energy exports as a political weapon over the crisis in Ukraine.  More »
The head office of Statoil in Stavanger, Norway.  (AP Photo / Kent Skibstad, NTB scanpix, File)

German firm buys shares in North Sea oil, gas

Wintershall’s deal is with Norwegian company Statoil for $1.25 billion. Norway, along with Russia, is a key supplier of gas to Europe.  More »
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Brent crude tumbles to two-year low

The European benchmark’s decline narrowed the premium to West Texas Intermediate oil.  More »

UTSA, Southwest Research find a new way to clean frack water

The University of Texas at San Antonio and the Southwest Research Institute say they have found an inexpensive way to treat the water that flows back to the surface after hydraulic fracturing. A team of researchers used a plant matter called biochar to remove impurities from the flowback water.  More »
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Oil price rebounds from 8-month low

Crude for October delivery rose $1.16, or 1.3 percent, to settle at $92.83 a barrel .  More »
An oil  train goes through Bakersfield, Calif.  (AP Photo/The Bakersfield Californian, Casey Christie)

Senators chide freight railroads on delays

The rail industry’s top lobbyist said the industry is struggling to keep up with a sharp increase in freight rail demand created by the oil boom in the Bakken region of North Dakota and two years of unusually bountiful agriculture harvests.  More »
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