Fuel Fix

Energy Secretary Ernest Moniz, center, gives IHS vice chairman Daniel Yergin the first James R. Schlesinger Medal for Energy Security during a ceremony in Washington, D.C. At left, Deputy Energy Secretary Daniel Poneman, reads an inscription.

Yergin: Energy security is more than just strong supply

Daniel Yergin, an oil and gas expert whose 1990 book “The Prize” is still considered required reading for anyone who wants to understand the industry, on Wednesday won government recognition for helping to illuminate the mysteries of energy policies, politics and production.  More »
Noble Energy will drill exploration wells off the coast of the Falkland Islands, the company announced Wednesday.

Noble Energy plans Falkland Islands exploration wells

Noble Energy will resume exploration drilling in the Falkland Islands next year, the company announced Wednesday, following evaluation of seismic imaging over its 10 million acres off the cost of the islands east of Argentina.  More »
A plant operator at a fractionation plant run by Enterprise Products Partners in Mont Belvieu. (Thomas Shea photo)

Enterprise Products proposes $6B buyout of crude transporter Oiltanking

Enterprise Product Partners said Wednesday that it had acquired the general partner of Houston-based crude transporter and also proposed a merger for a total $6 billion deal.  More »
A Baker Hughes Inc. drilling bit is displayed at the Hart Energy DUG Eagle Ford Shale conference in San Antonio, Texas, U.S., on Wednesday, Sept. 18, 2013.  (Eddie Seal/Bloomberg)

Baker Hughes will officially disclose fracturing chemicals

Baker Hughes says it has finished a six-month process of negotiating with its suppliers to reveal all of the chemicals it uses in its hydraulic fracturing, a well-stimulation technique that has drawn the ire of environmentalists and some communities.  More »
(Billy Smith II/Houston Chronicle)

Enbridge delays N.D. oil pipeline at least a year

Enbridge is trying to build the 612-mile pipeline to carry 225,000 barrels of oil a day through northern Minnesota to a hub in Wisconsin.  More »
Jim Ratcliffe, left, the founder of Ineos, released an open letter lamenting the European petrochemical industry's inability to compete with chemical companies in the United States. (ED Jones/AFP/Getty Images)

U.S. petrochemical renaissance sows worry in Europe

European chemical companies face greater pressure to rethink they way they do business in if they want to compete against U.S. petrochemical plants, which have been buoyed by the shale boom.  More »
Ed Hirs, managing director of Hillhouse Resources, LLC and an energy economist at the University of Houston, participated in a debate on energy independence at the University of Houston on Sept. 30, 2014. (University of Houston photo)

Best path to U.S. energy security? Depends who you ask

Weaning the United States from crude shipped from overseas requires new policy solutions and a shift in thinking, but whether that means incentivizing oil and gas companies to drill more or investing in renewable energy depends on the perspective.  More »
An oil  train goes through Bakersfield, Calif.  (AP Photo/The Bakersfield Californian, Casey Christie)

Oil industry wants 7-10 years to phase out tank cars

Leading oil industry trade groups on Tuesday told federal regulators that proposed regulations to boost the safety of transporting crude by trains need to be phased in more slowly and should not mandate tank cars with extra-thick shells.  More »
(Mayra Beltran / Houston Chronicle)

Exxon fracking report responds to shareholders

Under pressure from the corporate responsibility group As You Sow, Exxon agreed earlier this year to reveal more about how it manages the risks involved with the drilling technique, known as fracking.  More »
U.S. Senator Ed Markey, D-Mass (SAUL LOEB/AFP/Getty Images)

Democrats to Obama: Get tough on oil companies drilling on public land

At issue is the Interior Department’s proposed rule to tighten standards for wells on federal and Indian lands, including new mandates for the hydraulic fracturing process used to coax oil and gas out of dense rock formations.  More »
This 2007 file photo shows the U.S. Coast Guard icebreaker Healy leaving Seattle for a scientific mission in the Arctic that included breaking ice well north of Barrow, Alaska. (AP Photo/Ted S. Warren, File)

U.S. could press for international Arctic drilling standards

The United States may use its role heading the Arctic Council to push for standards governing oil drilling and development throughout the region, the Obama administration’s top Arctic envoy said Tuesday.  More »
iNOV Grant Prideco's Engineering Technology Center Sept 18, 2014. A worker at the combined load frame.  (Billy Smith II / Chronicle)
Publication History: 	Publication: The Houston Chronicle
PubDate: 9/21/2014 - PageNo: 1 - Section: D - Edition: H6 - CIMAGEID: 131712669
Caption: An employee checks machinery at NOV Grant Prideco's engineering technology center. It's part of National Oilwell Varco.


NOV shares tumble on $3B buyback plan

The oil field equipment maker’s cash back to investors may signal that its pool of buyout targets is running dry.  More »
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