Fuel Fix

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Pemex has mixed success in first phase of energy overhaul

Mexico’s state-owned Pemex will retain rights to more than 80 percent of the country’s proven and probable oil reserves, but most areas of possible reserves will be open to private exploration.  More »
Facing growing concerns about the links between earthquakes and drilling, the Texas Railroad Commission on Tuesday proposed new rules for injection wells.
(martinluff/Flickr)

State regulator unveils proposed rules on disposal wells

Facing mounting concerns about ties between earthquakes and oil and gas activity, Texas regulators are proposing new rules for wastewater storage wells.  More »
An oil facility in the Gulf of Mexico. (Jennifer A. Dlouhy / Houston Chronicle)

Feds urged to put Atlantic waters on auction block

Oil development in Atlantic waters from Africa to Canada should encourage the Obama administration to sell drilling leases in waters hugging the East Coast, a leading industry trade group said Wednesday.  More »
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Valero Energy Corp., which operates this refinery in Corpus Christi, has stopped importing light, sweet crude because of the growing domestic supply. (Valero Energy photo)

Refiners adapt as oil supply tips away from imports

As more U.S.-produced oil makes its way to Gulf Coast refineries, they’re having to retool to process the domestic crude — which is a different grade than the imported oil they’re designed for but also is often cheaper.  More »
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Spectra halts Pennsylvania pipeline plans

Houston-based Spectra Energy is suspending work on a pipeline that would have moved natural gas from Pennsylvania to North Carolina.  More »
A receiving terminal at the Dominion Cove Point LNG facility on the Maryland shores of the Chesapeake Bay sits empty. Although Dominion built the facility years ago to accept tanker shipments of liquefied natural gas to help supply U.S. power and heating needs, the surge in domestic production of the fossil fuel has removed the need for those imports. Dominion is asking federal regulators for permission to install new liquefaction equipment at the plant so it can instead export natural gas harvested in the United States. (Jennifer A. Dlouhy)

Judge rules against Dominion LNG in zoning dispute

A judge’s ruling could mean new delays for a proposed Maryland facility to liquefy and export natural gas.  More »
A series of pipes direct natural gas in Bismarck, North Dakota. (Daniel Acker/Bloomberg)

Texas weighs new pipeline rules

Some Texas attorneys think proposed changes to state eminent domain rules for oil and gas pipeline operators don’t go far enough to protect people from the companies that take their land.  More »
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Halliburton goes on airwaves in Colorado (video)

Halliburton Co. is hitting the airwaves in Colorado on Wednesday with a new television ad meant to burnish the image of the Houston-based oilfield service firm and the hydraulic fracturing operations it conducts across the U.S.  More »
A sign at the entrance to the Schlumberger campus in Sugar Land, Texas (AP Photo/Pat Sullivan, file)

Schlumberger: Russian sanctions could affect profits

Schlumberger is the third international oil field services company with Houston operations to warn that U.S. and European Union sanctions against Russian may start hurting profit.  More »
Isolated locations present security challenges for Apache Corp.'s operations in Egypt’s Western Desert. (Apache Corp.)

Slaying of Apache Corp. worker underscores dangers in Egypt

The shooting death of an Apache Corp. oil worker in Egypt last week underscored the dangers of working in Egypt’s remote oil patches, and may make investors nervous about the Houston company’s continued presence there.  More »
Shown is the lower half of a failed lower marine riser package connector. (Photo: Bureau of Safety and Environmental Enforcement)

Investigation tracks failure of subsea bolts

The failure of a bolt used to affix emergency equipment to a subsea well in the Gulf of Mexico should spur the oil industry to write new standards for fasteners and the oversight of contractors working offshore, investigators say.  More »
Exxon Mobil has about 86 percent of its oil and gas production in what rating agencies consider less risky OECD countries, according to the analysis.(Carlos Javier Sanchez/ Special to the Chronicle)

Most majors keep investments in lower risk countries, report says

Major oil and gas companies have continued to base the majority of production in low-risk countries, with a handful of exceptions, according to a new analysis.  More »
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