Fuel Fix

Anadarko Petroleum Corp. drills a series of wells on a pad on a Weld County farm near Mead, Colo. in the northeastern part of the state. (AP Photo/Ed Andrieski, File)

Ill. high-volume ‘fracking’ under way

State records indicate that high-volume oil drilling already has begun in Illinois, where lawmakers and others are scrambling to pass a bill to establish regulations for a practice that has generated intense national debate as energy companies push into new territory.  More »
Jim Kleckner, executive
vice president, international and deepwater operations (Anadarko)

Anadarko names Jim Kleckner to executive role

Anadarko has named James J. Kleckner executive vice president of international and deep-water operations. He succeeds Doug Lawler, who was tapped to be the next CEO of Chesapeake Energy Corp. earlier this month.  More »
This drilling rig is working in the South Texas Eagle Ford where EOG Resources had been active.  Photo: Courtesy Photo / HC

Bill considers splitting up energy oversight duties in Texas

The Texas Railroad Commission got a last-minute reprieve from the Legislature over the holiday weekend, but it wasn’t pretty.  More »
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Ali Al- Naimi, Saudi Arabia's minister of petroleum and mineral resources  (AP file photo/Osama Faisal)

Saudi minister calls current oil market ‘best environment’

Saudi Arabia, the world’s largest crude exporter, is content with current conditions in the oil market, the kingdom’s petroleum minister said three days before OPEC members meet to assess the group’s output policy.  More »
NRG Energy says a proposal for a new transmission line into the Houston area is based on flawed data.  (AP Photo/Mark Duncan, File)

Texas grid ready for summer heat, ERCOT says

The Texas power grid may get a break this summer, with relatively normal temperatures expected, according to state electricity planners.  More »
(Photo: Fotolia)

Saudi oil company set production record in 2012

The Saudi Arabian Oil Co., known as Aramco, reports it produced 3.479 barrels of oil last year, its highest-ever annual total.  More »

Google makes big bet on ‘kite power’

Google has made yet another energy investment, acquiring a startup that makes kite-like airborne wind turbines. Check out photos and videos of the “kite power” technology.  More »
Corn is unloaded from trucks into the grain elevator at the Mid Missouri Energy ethanol plant in Malta Bend, Missouri. (Patrick Fallon/Bloomberg)

API: Federal renewable fuel mandate causes more emissions

A federal mandate for renewable fuels is doing nothing to slash greenhouse gas emissions, according to the oil industry’s biggest trade group.  More »
Morning traffic builds at the intersection of State Highway 119 and State Highway 72 in Yorktown, Texas. The town is in the oil rich Eagle Ford shale formation area where drilling is increasing and the enormous amount ot truck traffic is taking its toll on roads there. (JOHN DAVENPORT/jdavenport@express-news.net)

$225 million would go to oil-impacted county roads

Help could be on the way for oil-impacted Texas counties, after both the Texas House and Senate adopted a conference committee report giving Permian Basin and Eagle Ford Shale counties up to $225 million to fix local roads.  More »
(Photo: SpaceNinja, Flickr)

Fuel tanker reportedly hijacked off Nigeria coast

Pirates hijacked a fuel tanker off the coast of Nigeria’s oil-rich delta, taking Pakistani and Nigerian sailors hostage in the latest attack targeting the region, private security officials said Tuesday.  More »
Lowfoot Energy CEO Phil Playfair (Emily Pickrell/Houston Chronicle)

Q&A: Pursuing profit by cutting power demand

Toronto-based Lowfoot Energy is beginning to move into Texas with its online business that offers residential electricity customers the chance to earn money by modifying their electricity use at peak times.  More »
An oil pump jack is shown in a a field adjacent to a sub-division near Fredrick, Colo.  (AP Photo/Ed Andrieski)

Oil-market rigging may have caused ‘huge damages,’ official says

Suspected oil-price manipulation may have caused “huge damages,” the European Union’s antitrust chief said today, as he drew comparisons with EU investigations into rigging of bank rates including Libor.  More »
(Photo: The Prundent Cyclist, Flickr)

German beer purity threatened by fracking say brewers

German brewers called on Chancellor Angela Merkel’s government to block the tapping of shale gas by means of hydraulic fracturing, citing industry concerns that fracking could taint the purity of the country’s beer.  More »
Japan Earthquake

Japan vows to tighten nuke safety after accident

Japan pledged better safety practices for its troubled nuclear industry Tuesday after an accident at a government research facility that exposed 33 people to minor excess radiation and had not been immediately disclosed.  More »
(Photo: Woodside Petroleum)

Woodside seeking $5 billion investments in projects globally

Woodside Petroleum Ltd. (WPL), Australia’s second-largest oil and gas producer, is looking to make investments of about $5 billion in projects globally as development costs at home remain high.  More »