Fuel Fix

Anadarko Petroleum Corporation CEO Al Walker. (Nick de la Torre / Houston Chronicle)

Anadarko Petroleum cuts dividend 81 percent

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The cut will save the company $450 million annually.

Anadarko Petroleum cuts dividend 81 percent

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Anadarko Petroleum Corporation CEO Al Walker. (Nick de la Torre / Houston Chronicle)
The cut will save the company $450 million annually.
(Andrew Burton/Getty Images)

IEA: Oil glut could still grow in second half of 2016

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The 13-member OPEC raised its daily output by 280,000 barrels in January as Saudi Arabia, Iran and Iraq bolstered production.
An employee of SunPower Corp. checks assembled solar panels at the SunPower Corp. module manufacturing plant at Flextronics in Milpitas, California. (David Paul Morris/Bloomberg)

Renewables to get most of $7.7 trillion power investments

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Renewable energy may reap as much as two-thirds of the $7.7 trillion in investment forecast for building new power plants by 2030 as declining costs make it more competitive with fossil fuels.
Categories: Environment, Solar
A General Electric Co. employee assembles a component for a gas turbine at the company's factory in Belfort, France. (Fabrice Dimier/Bloomberg News)

All roads lead to gas as GE, Siemens vie for new markets

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With gas set to be the fastest growing fossil fuel over the next 20 years, deals to tap into the coming boom are growing.
Categories: Deals, Natural gas
A systems operator inside a transmission control center in Massachusetts. (Getty Images)

Russian hackers threatening power companies, researchers say

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A Russian group of hackers known as “Energetic Bear” is attacking energy companies in the U.S. and Europe and may be capable of disrupting power supplies, cybersecurity researchers said.
(Jason Alden/Bloomberg)

Georgia’s coal-to-solar pivot shows the way on climate regs

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Fears that the Obama administration’s latest climate regulations will drive up local electric bills is doing wonders for the state’s solar-panel installation business.
Bubbling is seen due to impaired cementing in an unconventional gas well in Pennsylvania. (AP Photo/Pennsylvania Department of Environmental Protection)

Fracking study finds new gas wells leak more

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Newer and unconventional wells leak far more often than older and traditional ones, according to a study of state inspection reports for 41,000 wells.
Categories: Environment, featured, Shale
A drilling rig in the Utica Shale.

Shale’s junk debt at risk if Fed raises rates

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The oil and gas industry’s junk-bond bonanza — which has caused the value of the sector’s speculative-grade debt to triple over the past seven years ago — could be coming to a sudden stop.
Categories: Finance/Earnings, Shale
David  Rainey,   (AP Photo/Matthew Hinton)

Ex-BP exec can be tried for obstructing Congress

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A federal appeals court in New Orleans says a former BP executive can be tried on a charge that he obstructed a Congressional investigation into the 2010 Gulf oil spill.
Categories: Gulf oil spill
Richard Belote, director of software development for FuelFX, demonstrates a virtual reality simulation at the company headquarters in Bellaire, TX. (Michael Starghill, Jr.)

How virtual reality can help the oil industry’s worker shortage (video)

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From a non-descript office in the Galleria area, it’s possible to walk around a refinery, an oil rig and even an offshore platform — thanks to high-tech tools taking advantage of virtual reality.
The Navy's stealthy Zumwalt destroyer is anchored at Bath Iron Works in Maine. Shipbuilders plan to bring military-grade jet fuel aboard the Navy's biggest destroyer in July 2014, in preparation for lighting off some of the world's largest marine turbines for the first time. (AP Photo/Robert F. Bukaty, File)

Stealthy warship getting jet fuel to prep for high-tech power system

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Bath Iron Works is getting ready to bring fuel aboard the Navy’s biggest destroyer in preparation for firing up some of the world’s largest marine turbines this summer.
Categories: Electricity
Yellow oil barrels

Rising costs eat into returns even with high oil prices, IHS says

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Oil producers are making less for the capital they’re spending than they did a decade ago, when U.S. benchmark crude prices were below $30 a barrel, a new report shows.

Mexico (and the World) Doesn’t Have the Luxury of Politics of Usual

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The ongoing political struggle between the ruling Institutional Revolutionary Party (PRI) and the center-right National Action Party (PAN) and the Party of the Democratic Revolution for power and influence has created a drag on President Enrique Pena Nieto’s ambitious vision for energy reform. But as these entrenched career politicians squabble with their own narrow agendas […]
Categories: General
Thilde Jensen of Truxton, N.Y, protests against natural gas drilling in New York state during a rally in Albany, N.Y., on Monday, Jan. 25, 2010.  (AP Photo/Mike Groll)

New York cities win right to ban fracking

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New York’s cities and towns can block hydraulic fracturing within their borders, the state’s highest court ruled, dealing a blow to the oil industry.