Fuel Fix

Sen. John Hoeven (AP Photo/J. Scott Applewhite)

Congress to postpone sending Keystone-pipeline bill to Obama

Sen. John Hoeven of North Dakota, the chief Republican sponsor, told reporters Thursday it would be better if Congress was in town when President Barack Obama vetoes the bill “so attention is brought to it.”  More »
A Tour Of The TransCanada Houston Lateral Project Pipe Yard

TransCanada suspends efforts to seize Nebraska land for Keystone

A Holt County District judge issued a temporary injunction Thursday, keeping TransCanada from invoking eminent domain along the proposed Keystone Pipeline route in northern Nebraska.  More »
Waves from the Chukchi Sea lap the coast of Barrow, Alaska, the northernmost city in the United States. (Photo: Jennifer A. Dlouhy / The Houston Chronicle)

Feds release new Arctic drilling analysis

The move by the Interior Department’s Bureau of Ocean Energy Management responds to a federal court ruling against the environmental analysis underpinning that seven-year-old sale, and leaves open the possibility that Shell Oil Co. will resume drilling in the Chukchi Sea this summer.  More »
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oil tanker that spilled 450,000 gallons into intracoastal waterway in January 2010 (AP Photo/Pat Sullivan)

Death toll of Brazilian oil ship explosion rises to 5

According to the Unified Oil Workers Federation, Brazil’s biggest oil industry union, the blast was caused by a gas leak in the vessel’s engine room.  More »
(Photo by Eddie Seal for Bloomberg News)

C&J Energy cutting costs but sees opportunity amid oil crunch, CEO says

C&J Energy Services executives say the company’s deal to acquire Nabors Industries’ hydraulic fracturing fleets should help stem the losses from the industry downturn, but that it’s planning input and labor cost cuts to brace for a tough year  More »
(Photo courtesy of Shell Oil Co.)

Commentary: Port of Seattle and Shell quietly sign deal to house company’s Arctic drilling fleet

With rapid authorization, negotiation and signing of the lease — reminiscent of how decisions on the waterfront used to be greased — the port has secured a $13.17 million deal and forestalled efforts by the region’s environmental groups to stop it.  More »
(AP Photo/Brennan Linsley)

Natural gas prices fall as withdraws stay low

Natural gas futures traded down Thursday morning as the weekly inventories report from the U.S. Energy Information Administration showed a weaker-than-expected withdraw for the third consecutive week.8.4 cents to $2.713  More »
A group of idle rigs is seen behind James Noe, Senior Vice President, General Counsel and Chief Compliance Officer for Hercules Offshore while aboard the Hercules 251 a shallow water drilling rig owned by on Wednesday, Aug. 11, 2010, near Port Fourchon, La. (Smiley N. Pool /Chronicle)

Hercules Offshore lays off 30 percent of workforce

Offshore driller Hercules Offshore has laid off 30 percent of its workforce since October, company officials said on a conference call with analysts Thursday.  More »
Workers walk by the two amylene treaters (dark gray) and the demethanizer tower (right) as construction continues at the Anadarko Brasada Gas Plant in La Salle County south of Cotulla in March 2013.  (Jerry Lara/San Antonio Express-News)

1,100 natural gas utility workers on Long Island eye walkout

A union spokesman says Thursday that contract talks are ongoing with National Grid in an effort to avoid a walkout.  More »
(Alexander Zemlianichenko Jr./Bloomberg)

Driller: More than 1,000 field hands out of work as rigs decline

Fifty of Precision’s 250 drilling machines, each with crews of 20 to 25 field hands, are no longer running after oil prices have been cut in half since last summer, the firm said in its fourth quarter earnings release Thursday.  More »
SHELL STRATEGIC OIL

Shell calls on Big Oil peers to speak up on climate change

While Shell, along with BP Plc, have led the oil industry in acknowledging climate change as a risk, the producers have avoided forums such as the annual United Nations climate talks.  More »
( Brett Coomer / Houston Chronicle )

Texas solar jobs increasing

The number of Texans working in the solar industry increased last year by more than 2,800, a sign that the industry is making headwinds in the Lone Star State.  More »
A row of pump jacks operate in Apache Canada’s Provost field, located in the southeast part of Alberta (Apache Corp.)

Apache reports $4.8 billion loss

Exploration and production company Apache Corp. reported a $4.8 billion loss in the fourth quarter and said it would slow its production activity in the face of falling oil prices.  More »
(AP Photo/Dado Galdieri, File)

Global oil layoffs exceed 100,000

While much of the focus on layoffs has centered on the U.S., where the shale fields that created the glut have seen the steepest cutbacks, workers in oil-related businesses across the globe are suffering, too  More »

Commentary: The far reaching impact of lower oil prices

Despite an unrelenting focus on the recent rout in oil, there have been a number of other significant swoonings across commodityland™ which have also been rather noteworthy  More »
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