November’s batch of new Texas drilling permits fell 50 percent compared to the prior month, a sign that oil companies are holding back from boring into their sweetest spots while crude prices linger below $70 a barrel. More »
Swiss oil-field equipment provider Weatherford International is planning to sell its chemistry and drilling fluids businesses for $825 million in cash plus potential earnout to a chemicals company owned by billionaire Warren Buffett. More »
A Texas hamlet shaken by its first recorded earthquake last year and hundreds since then is among communities now taking steps to challenge the oil and gas industry’s traditional supremacy over the right to frack. More »
Former BG Group chief operating officer Martin Houston is now in start up mode, serving as founder and chairman of Parallax Energy, a new Houston-based company focused on developing mid-scale liquefied natural gas export facilities. More »
FuelFix.com is your daily must-read source for news and analysis on the energy business. Anchored by business reporters at the Houston Chronicle and other Hearst newspapers, FuelFix incorporates blogs by energy experts, market updates, useful data and a real-time summary of the top ideas, hottest stories and latest news.