Fuel Fix

Rich Kinder, left, chairman and CEO of Kinder Morgan. (Melissa Phillip / Houston Chronicle )

Kinder Morgan investors approve $44 billion merger

The approval of the deal heralds the beginning new era for the North America’s largest midstream company.  More »
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Apache to cut North American spending

Apache will cut its North American spending from $5.4 billion to $4 billion, the company told analysts at a presentation in New York, but it said it will be able to spend that money more efficiently.  More »
Most of Israel’s gas is contained in two offshore fields in the Mediterranean Sea: Tamar, seen here, and Leviathan.
 (Albatross via Getty Images)

Noble, partners eye $2 billion upgrade to Israel gas field

The disclosures were made in a report Thursday to the Tel Aviv Stock Exchange.  More »

(AP Photo/Richard Drew)

Halliburton merger means uncertain future for Baker Hughes fracking disclosures

Baker Hughes disclosure forms to FracFocus no longer include “trade secret” designations, but whether that will continue under Halliburton remains to be seen.  More »
A video monitor wall with the Technip Deep Energy ship at the companies booth during OTC 2013 at Reliant Park Tuesday, May 7, 2013, in Houston. ( James Nielsen / Houston Chronicle )

Technip puts up $1.8B offer for French seismic company

The Paris-based oil and gas equipment supplier said it first approached CGG on Nov. 10, and that it would “like to enter into a constructive dialogue” with the company’s board of directors.  More »
G. Steven Farris, chairman and chief executive officer of Apache Corp. ( Cody Duty / Houston Chronicle )

Apache sells assets in Texas, Oklahoma, Louisiana for $1.4 billion

Apache Corp. has agreed to sell assets in Texas, Oklahoma and Louisiana in two deals worth $1.4 billion, the exploration and production company announced Thursday morning ahead of a presentation to analysts.  More »
Jim Ratcliffe, left, the founder of Ineos (ED Jones/AFP/Getty Images)

Ineos to invest $1B in UK shale gas exploration

The company is applying for more licenses to expand its operations in Scotland and in northern England.  More »
(AP Photo/U.S. Coast Guard)

Unfazed by slump, Austria’s OMV moving forward on development of 1 billion-barrel Arctic field

Tumbling oil prices aren’t deterring OMV AG from its Arctic ambitions.  More »
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Commentary: The shakeout in US shale

My favorite quote by H.L. Mencken is ‘a cynic is a man who, when he smells flowers, looks around for a coffin‘. A bit morose, I know, but this appeals to the contrarian in me. My second favorite is überly-applicable to US shale oil break-evens: ‘For every complex problem there is an answer that is […]  More »
Rich Kinder, left, chairman and CEO of Kinder Morgan. (Melissa Phillip / Houston Chronicle )

As deadline on proxy vote for major deal nears, Kinder Morgan seeks to sway investors

While Richard Kinder himself is strongly in favor of the deal, a few smaller investors have raised concerns that the move away from the tax-advantaged master limited partnership structure will cause problems.  More »
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Grand jury indicts Monahans man for alleged oil theft

If convicted of the three charges, a Monahans man faces up to 20 years in federal prison  More »
Offshore Oil And Gas Operations On The Cromarty Firth Ahead Of The Scottish Referendum

Transocean idles three more rigs, stock falls

Transocean’s fleet of deep-water drilling machines has been under pricing pressure and has faced lower demand amid falling oil prices and a glut in equipment.  More »
(AP Photo/ Louis Lanzano)

Oil falls as investors speculate on OPEC production cut

“There’s an established bearish trend and nothing out there to stand in the way of a further move lower,” Tim Evans, an energy analyst at Citi Futures Perspective.  More »
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Report: U.S. airlines stagnate on improving fuel efficiency

The domestic airline industry made no net improvements on fuel efficiencies last year, raising questions about its ability to cut carbon emissions.  More »
(AP file photo)

UN: World not close to avoiding dangerous warming

The report looks at the gap between what countries promise to do about carbon pollution and what scientists say needs to be done to prevent temperatures rising another two degrees. The two-degree level is a goal that world leaders set in 2009.  More »
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