Fuel Fix

A rig drills for natural gas in the Sonora Field in the Permian Basin. (AP Photo)

Panel: Independent producers’ shale-fueled growth is nearing plateau

Major integrated oil companies won’t be able to afford big corporate acquisitions in North America until smaller independent producers start trading at much lower prices on the stock market, a panel of experts said Wednesday.  More »
electric_Power_pole

Grid operator endorses $590M power project for Houston area

The state’s electric grid operator has endorsed $590 million in upgrades designed to improve electric reliability in the Houston area.  More »
The United States Capitol building in Washington, D.C. (Jennifer A. Dlouhy / The Houston Chronicle)

House panel advances plan to fast-track gas exports

A House panel on Wednesday approved legislation that would fast track U.S. natural gas exports, over objections the foreign sales would send domestic prices higher.  More »
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Welding crews lay pipelines in Texas to move oil and gas extracted from the Eagle Ford Shale to market. (John Davenport/San Antonio Express-News)

Pipeline violation penalties break record in 2013

The Pipeline and Hazardous Materials Safety Administration proposed $9.78 million in civil penalties against pipeline operators for alleged violations of federal law in 2013, the agency announced this week.  More »
General Electric Co. CEO Jeff Immelt (right) waits for the start of the company's annual shareholders meeting in Erie, Pa. in 2008. (AP Photo/Tony Dejak, file)

General Electric funneling billions into new energy infrastructure

A natural gas pipeline stretching 435 miles east across Mexico’s Yucatan Peninsula is just one piece of General Electric’s multibillion-dollar bid to shore up energy infrastructure in North America, where an oil and gas boom has drawn a wave of investments to new pipelines.  More »
Tracy Olson/Flickr

Feds fine oil company for failing to report production

The federal government is fining an Artesia oil man more than $700,000 for failing to submit reports on production on its federal leases in New Mexico.  More »
The new pollution, measured in millions of tons of greenhouse gases, may exceed all of the savings achieved through initiatives like subsidies for public transport and fuel efficiency. (Kuni Takahashi/Bloomberg)

Cars become biggest driver of greenhouse-gas increases

Emissions from transportation may rise at the fastest rate of all major sources through 2050, surging 71 percent from 2010 levels, mainly from emerging economies, according to a leaked draft a UN study on climate change.  More »
People wave Russian flags as they look at Russian President Vladimir Putin delivering a speech in Sevastopol. (AFP PHOTO/ VIKTOR DRACHEVVIKTOR DRACHEV/AFP/Getty Images)

Will Putin cut off Ukraine’s gas supply?

On Monday, Ukraine missed a deadline to make a payment on its debt of about $2 billion to Russian natural gas giant Gazprom. Otilia Dhand, vice president at Teneo Intelligence, discusses the possibility of Russian President Vladimir Putin cutting gas supplies to Ukraine  More »
A rig works in the Marcellus Shale, the largest U.S. shale-gas basin. (Andrew Harrer/Bloomberg)

Oil companies pay $630M in Pennsylvania drilling fees

Anadarko Petroleum, Chesapeake Energy and others will pay the state of Pennsylvania about $225 million in fees this year for drilling in the gas-rich Marcellus Shale, but critics of state law say they aren’t paying enough.  More »
Natural gas is flared near a crude oil well site in North Dakota. (Daniel Acker/Bloomberg)

A landscape of fire rises over North Dakota’s gas fields

Twice as much natural gas is wasted through flaring than in 2012 amid an energy boom that’s propelled North Dakota’s torrid economic growth.  More »
The Baker Hughes research and development building in Tomball, Texas. (Todd Spoth/For the Chronicle)

Baker Hughes acquires Houston reservoir-software firm

Baker Hughes is planning to buy a Houston-based software company in a deal that would add to its digital tools designed to enhance the performance of oil and gas reservoirs.  More »
(Image: Fotolia)

Private equity firm raises $5B for midstream, power investments

Energy Capital Partners, a private equity firm with a new office in Houston, has raised $5 billion to pump capital into power generation, gas pipeline and energy services companies.  More »
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