Fuel Fix

The Freeport LNG plant on April 9, 2014 at Quintana, TX.(Thomas B. Shea/for the Houston Chronicle)

Construction authorized at Freeport LNG

WASHINGTON — Federal regulators on Friday cleared the way for construction at a planned natural gas exporting facility at Quintana Island, Texas. The Federal Energy Regulatory Commission authorized Freeport LNG to start initial site preparation and begin building liquefaction and pre-treating facilities at its planned export terminal. But the agency told Freeport LNG it cannot […]  More »
( Jay Pickthorn/AP/Statoil).

Oil rigs slump by most in two months after prices slide

Rigs targeting oil in the U.S. fell by the most in two months as producers curbed drilling following the biggest price rout since 2012.  More »
(Image: Fotolia)

Brent oil and West Texas crude rise

WTI for November delivery gained 5 cents to $82.75 a barrel on the New York Mercantile Exchange. The futures are down 3.6 percent this week and 16 percent in 2014.  More »

(Bill Montgomery/Houston Chronicle)

Man who claimed Alaska pipeline sabotage acquitted of lying to FBI

An Alaska man who told federal investigators he blew a hole in the trans-Alaska pipeline in 1978 has been acquitted of lying to the FBI.  More »
(Chevron)

Chevron drillship arrives deep in the Gulf of Mexico

The Pacific Sharav, built to Chevron’s specifications, will work in the Keathley Canyon under a five-year contract with Pacific Drilling, a Houston-based ultra-deepwater drilling contractor.  More »
Visitors And Attractions At The Niagara Falls State Park As Tourism Rises

Lawyers to debate $590 million Houston transmission project

State regulators could decide as soon as next month whether a proposed $590 million transmission line to the Houston area will be allowed to move forward.  More »
FRACKING SAND

Eagle Materials drills further into energy sector with acquisition

Eagle Materials is moving further into the energy sector by buying a company that sells an ingredient crucial to the hydraulic fracturing process.  More »
A Swift Energy Co. production facility in Lake Washington off the Louisiana coast. (Swift Energy Co.)

Investor says Swift Energy needs to cut debt

Swift Energy’s debt has ballooned to nearly $1.2 billion and has shareholders nervous.  More »
Joshua Belcher

Guest Commentary: Anticipating the risks of oil and gas trucking

More shippers are exploring trucking as a way to move their products to diverse markets, but risk of spills are high.  More »
OCI101514

Natgasoline clears EPA hurdle for $1 billion methanol plant in Beaumont

The massive Beaumont project is expected to require thousands of construction workers and carry a more than $20 million annual payroll once it begins producing methanol at the end of 2016  More »
Emilio Lozoya, chief executive officer of Petroleos Mexicanos (Pemex) (Susana Gonzalez/Bloomberg)

Pacific Rubiales signs pact with Pemex for Mexican foray

Pacific Rubiales Energy Corp. signed an agreement with Petroleos Mexicanos to study oil and natural gas ventures as Mexico opens up its energy industries to private investment for the first time in 76 years.  More »
(Photo: Frontline Ltd. via Bloomberg)

Oil tankers to China jump to nine-month high amid crude rout

The number of supertankers sailing toward China’s ports surged to a nine-month high amid speculation an oil-price slump is encouraging the world’s second-biggest crude importer to accelerate purchases.  More »
(SAMAD/AFP/Getty Images)

U.S. stocks rally on stimulus signs as energy shares jump

U.S. stocks rallied, trimming this week’s decline, as earnings beat estimates, consumer confidence reached a seven-year high and investors speculated that central banks will add more economic stimulus.  More »
Schlumberger CEO Paal Kibsgaard (credit: Schlumberger)

Schlumberger CEO: Oil will recover, spur E&P spending

The slow but steady global economic recovery is still intact, and absolute oil demand has changed little despite fears of oversupply that have sent crude prices hurtling downward in recent days, Schlumberger’s chief executive told investors on Friday.  More »
(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 »