Fuel Fix

(AP file photo/Mark Lennihan)

Shale boom helping American consumers like never before

The drop in crude has pulled retail gasoline down more than 50 cents a gallon from the year’s high in April.  More »
(AP file photo/Mark Lennihan)

WTI rebound above $80 holds as Goldman Sachs sees no oil glut

West Texas Intermediate is heading for its biggest one-day gain in a month.  More »
David (left) and Charles Koch.

Oil industry execs among donors to Koch brothers super PAC

The Koch brothers have long kept the donors to their political causes secret, but rules governing a new super PAC they formed require that the backers be made public.  More »

(Daniel Acker/Bloomberg)

In search of safety, utilities bring in experts: each other

The American Gas Association is taking a page from the nuclear and airline industries in a new push to make pipelines and utilities safer.  More »
A sign at the entrance to the Schlumberger campus in Sugar Land, Texas (AP Photo/Pat Sullivan, file)

Schlumberger profit jumps 13.6 percent

Schlumberger profits jumped 13.6 percent in the third quarter as sales in North America and in its production segment picked up.  More »
court_gavel

Feds settle Gulf pollution case

A Houston oil and gas company must pay to settle government charges alleging it illegally dumped oil and chemicals into the Gulf of Mexico.  More »
Driller Paul Allison operates the independent Barrett Brothers Number 1 drilling rig in Presideo County between Alpine and Marfa, Texas.

Shale boom weans U.S. from foreign oil, creates new opportunities

Although the U.S. is far from achieving anything close to full energy independence, the rapid resurgence in domestic oil and gas production has slashed the nation’s reliance on foreign oil in a short period of time and created new opportunities for refineries and pipeline companies, an energy analyst said Thursday.  More »
(AP Photo/Mark Stehle)

New York court rejects bid to revive fracking ban case

A motion by bankrupt Norse Energy against the town of Dryden in western New York was denied by the state’s highest court.  More »
(Photo: Maersk)

Feds move ahead with central Gulf auction

The Obama administration is moving ahead with plans to sell offshore drilling rights in the central Gulf of Mexico.  More »
(Tom Reel/San Antonio Express-News)

Eagle Ford expected to hit 1.6 million barrels next month

The Eagle Ford Shale is expected to make 1.61 million barrels of oil per day in November, up 42 percent from the year before, according to a new government report. The field is making around 1.58 million barrels of oil daily this month, according to the U.S. Energy Information Administration.  More »
Petroleo Brasileiro SA (Petrobras) natural gas storage tanks sit on an island in Guanabara Bay in the state of Rio de Janeiro, Brazil. (Dado Galdieri/Bloomberg)

Petrobras refinery is 60 percent over budget, audit court says

The new refinery will cost $50,000 more per barrel than Petrobras’ previous facility.  More »
The Baker Hughes research and development building in Tomball, Texas. (Todd Spoth/For the Chronicle)

Baker Hughes profit rises 10 percent

Oil field service firm Baker Hughes saw profits rise nearly 10 percent in the third quarter as its sales in North America and Latin America increased.  More »
Chesapeake CEO Robert "Doug" Lawler speaks at the IHS CERAWeek energy conference in Houston on March 4, 2014. (Mayra Beltran/Houston Chronicle)

Southwestern Energy cuts $5.4 billion deal for Chesapeake gas land

Houston’s Southwestern Energy Co. is planning to drop $5.4 billion on gas-rich land in West Virginia and Pennsylvania in one of the biggest recent deals for acreage in a region buffeted by pressure on gas prices.  More »
Cluster of gas signs at filling stations (AP Photo/Amy Sancetta)

Citigroup sees $1.1 trillion stimulus from oil plunge

Crude prices are plunging amid signs that OPEC won’t act to eliminate a surplus as global growth slows.  More »
(AFP PHOTO / ALEXANDER KLEIN/Getty Images)

Falling oil prices shake up global economies

Dropping oil prices are having complex effects on economies around the globe that are only starting to be felt.  More »
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