Fuel Fix

In this Aug. 4, 2015 file photo, Gov. Mary Fallin talks with the media after meeting with members of the Coordinating Council on Seismic Activity in Oklahoma City. With both the number and power of earthquakes increasing in Oklahoma, the Republican-controlled Legislature may be ready to take steps aimed at curbing the quakes scientists have linked to the underground disposal of oil and gas wastewater. (AP Photo/Sue Ogrocki, File)

Uptick in quakes could prompt action from Oklahoma lawmakers

on
Categories: featured, General
According to the U.S. Geological Survey, Oklahoma this year has already had more than 90 earthquakes of magnitude 3.0 or greater, which is generally when most people start to feel them.

Uptick in quakes could prompt action from Oklahoma lawmakers

on
Categories: featured, General
In this Aug. 4, 2015 file photo, Gov. Mary Fallin talks with the media after meeting with members of the Coordinating Council on Seismic Activity in Oklahoma City. With both the number and power of earthquakes increasing in Oklahoma, the Republican-controlled Legislature may be ready to take steps aimed at curbing the quakes scientists have linked to the underground disposal of oil and gas wastewater. (AP Photo/Sue Ogrocki, File)
According to the U.S. Geological Survey, Oklahoma this year has already had more than 90 earthquakes of magnitude 3.0 or greater, which is generally when most people start to feel them.
Motorists refuel at a Mobil gas station in Pittsfield, Mass., where regular gasoline is for sale at $1.99 per gallon, Tuesday Sept. 29, 2015. (Ben Garver/The Berkshire Eagle via AP) BERKSHIRE COURIER OUT, GREAT BARRINGTON RECORD OUT, RURAL INTELLIGENCER OUT, BERKSHIRES OUT; MANDATORY CREDIT

Obama: Cheap gasoline prices drove oil tax decision

on
The proposal faces an uphill battle in the Republican-led Congress, which has repeatedly pushed back against the president’s climate change initiatives.
Categories: Crude oil, featured, Gasoline

Schlumberger CEO Paal Kibsgaard (credit: Schlumberger)

Schlumberger CEO “optimistic” job cuts are over after 34,000 slashed

on
While Schlumberger’s CEO said he wants the industry to rebound soon, he said the longer the downturn lasts “the stronger we will emerge relative to our competition.”
Associate chemist for fracturing technology, Juan Martinez, takes some measurements in a lab in the research and development building, at the Baker Hughes facility, Thursday, May 12, 2011 in Tomball, Texas. (Todd Spoth/For the Chronicle)

Houston added thousands of jobs in 2015, but growth was hard won as oil crashed

on
The monthly numbers fell in line with the near-zero growth rate that economists had been predicting.
Categories: Crude oil, Texas, Workforce
EFS 28

Obama admin. proposes rule to limit gas flaring at drilling sites

on
New rules proposed move Friday will seek to reduce waste and harmful methane emissions as President Barack Obama addresses climate change.
(Photo by Andrew Burton/Getty Images)

Energy stocks lead and early rally as price of crude surges

on
Energy stocks are leading an early rally on Wall Street as the price of crude oil surges.
Categories: Crude oil, Markets
(Bob Owen/San Antonio Express News)

Solar power hits the brakes amid incentive cuts in Asia, Europe

on
As more countries begin to implement plans to reach climate goals agreed to in Paris last year, the global solar industry will again accelerate to about 20 percent annual growth over the next few years.
Categories: Solar
Kurdistan needs oil revenue to mobilize its peshmerga fighters in the battle against the Islamic State. (PHOTO: AHMAD AL-RUBAYE/AFP/Getty Images)

Oil plunge imperils Iraq’s fight with Islamic State, Abadi says

on
The conflict with Islamic State, which swept through swaths of northern Iraq in the summer of 2014, has destroyed economic infrastructure, disrupted trade and discouraged investment.
Categories: Crude oil, Middle East
(AP file photo/Sue Ogrocki)

Valero raises dividend

on
U.S. refiners have fared better than other parts of the energy industry during the downturn, as cheaper crude prices have boosted their margins
Categories: Refining, San Antonio
Nigerian oil minister Emmanuel Ibe Kachikwu (L) speaks during the 7th Gulf Intelligence UAE Energy Forum meeting in Abu Dhabi, on January 12, 2016.         
Kachikwu said that he expects an extraordinary meeting of the oil cartel in "early March" to address nosediving crude prices.

 / AFP / MARWAN NAAMANI / The erroneous mention[s] appearing in the metadata of this photo by MARWAN NAAMANI has been modified in AFP systems in the following manner: [Nigerian oil minister Emmanuel Ibe Kachikwu ] instead of [Former OPEC president Emmanuel Ibe Kachikwu]. Please immediately remove the erroneous mention[s] from all your online services and delete it (them) from your servers. If you have been authorized by AFP to distribute it (them) to third parties, please ensure that the same actions are carried out by them. Failure to promptly comply with these instructions will entail liability on your part for any continued or post notification usage. Therefore we thank you very much for all your attention and prompt action. We are sorry for the inconvenience this notification may cause and remain at your disposal for any further information you may require.MARWAN NAAMANI/AFP/Getty Images

OPEC nations talk oil policy at Davos

on
Nigeria’s oil minister, speaking on a panel at the World Economic Forum in the Swiss resort, said the Organization of Petroleum Exporting Countries needs to meet soon as crashing prices force the group to reconsider its current laissez-faire policy.
The silhouettes of emissions are seen rising from stacks of the Duke Energy Corp. Gibson Station power plant at dusk in Owensville, Indiana, U.S., on Thursday, July 23, 2015. (Luke Sharrett/Bloomberg)

Obama’s Clean Power Plan can proceed pending review, appeals court rules

on
The plan has been challenged by more than two dozen mostly Republican-led states and allied business and industry groups tied to fossil fuels.
(AP Photo/Pat Sullivan, File)

Schlumberger cut thousands of jobs in fourth quarter on $1 billion loss

on
The oil crash has triggered the largest job cuts in oil field services, and Schlumberger has now eliminated about 34,000 jobs globally — a more than 25 percent reduction since its peak of nearly 130,000 jobs in 2014.
920x920 (1)

Smoke at Exxon refinery in Beaumont due to power outage

on
A refinery spokesman said no one was injured and there was no cause for alarm following the 3 p.m. outage. Non-essential personnel were “dismissed” from the facility.
Categories: Accidents, Refining
Motorists refuel at a Mobil gas station in Pittsfield, Mass., where regular gasoline is for sale at $1.99 per gallon, Tuesday Sept. 29, 2015. (Ben Garver/The Berkshire Eagle via AP) BERKSHIRE COURIER OUT, GREAT BARRINGTON RECORD OUT, RURAL INTELLIGENCER OUT, BERKSHIRES OUT; MANDATORY CREDIT

Texas, nationwide retail gasoline prices down this week

on
Texarkana has the cheapest gasoline in Texas this week at an average $1.59 per gallon. Drivers in El Paso are paying the most statewide at $1.71 per gallon.
Categories: Gasoline