Fuel Fix

Original byline: Jim Blecha/

Vanguard Natural Resources scoops up smaller Houston rival for $474 million

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Categories: Crude oil, Deals, featured, Shale
The most recent deal comes on the heels of Vanguard’s announcement in April that it will acquire LRR Energy LP for more than $250 million.

Vanguard Natural Resources scoops up smaller Houston rival for $474 million

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Categories: Crude oil, Deals, featured, Shale
Original byline: Jim Blecha/
The most recent deal comes on the heels of Vanguard’s announcement in April that it will acquire LRR Energy LP for more than $250 million.
Marathon Bakken drilling

‘Shale-ionaires’ suffering from wave of bankrupt oil drillers

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A rebound in oil prices that bottomed near $44 a barrel in March has provided some relief to stronger companies that have been able to compensate with cost cuts and more efficient operations. For many smaller, cash-strapped producers, current prices of almost $60 still aren’t enough to make ends meet compared to the $100-plus prices seen during the boom days.
Categories: featured, Shale

Matt Rose, chairman and CEO of BNSF Railway, speaks during the IHS CERAWeek session titled North American Energy: The New Abundance and What it Means Wednesday, March 6, 2013, at the Hilton Americas in Houston. ( Melissa Phillip / Houston Chronicle )

Railway chief says Keystone XL pipeline would cut freight revenues

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Allowing the Keystone XL pipeline to move forward would cut into the revenue of rail freight operators that transport oil and other liquids, but there would still be plenty of growth opportunities for cost-conscious operators, BNSF Railway CEO Matthew Rose said Wednesday.
Categories: Transportation
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Baker Botts looks to Brazil to grow its energy business

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Among the firm’s ongoing strategic objectives: extend its network to clients in energy centers worldwide.

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Post Oak Energy, Goldman Sachs invest $100M in PetroEdge Energy III

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PetroEdge has land in Brazos and Burleson counties and will initially focus on drilling and developing in the lower Eagle Ford.
Photo:  www.carsfolia.com

Commentary: “EVs, hybrids & diesels! Oh my!”

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If we’re really serious as a country about curbing emissions and altering driving behaviors for the betterment of the environment, let’s be prepared to make tough choices and institute real measures to encourage those positive shifts in individual behaviors.
A sign for the Winter NAPE 2011 event is installed in the exhibit hall at the George R. Brown Convention Center in Houston. (Nick de la Torre / Houston Chronicle)

EIA: Shale gas boom countering production decline on federal lands

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Natural gas production continues to be strong in the U.S. as firms tap shale plays that are largely on private lands, even as production on federal lands has fallen, an Energy Information Administration official said Wednesday.
Categories: Natural gas
Former Coast Guard Vice Adm. Brian Salerno is set to take over as head of the Bureau of Safety and Environmental Enforcement in August. Here, he speaks at the World Maritime Observance in Tampa, Fl. in 2011. (U.S. Coast Guard photo by Petty Officer 2nd Class Rob Simpson)

Obama administration names new offshore drilling regulator

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The Obama administration is once again tapping a Coast Guard veteran to be the nation’s next chief offshore drilling regulator. Former Coast Guard Vice Adm. Brian Salerno will take over as director of the Bureau of Safety and Environmental Enforcement later this month, succeeding James Watson in the role.

Drumbeat: August 14, 2013

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What Is Peak Oil?
Peak oil — the point in time when global oil production peaks and begins to drop — has been looming on the horizon for decades. Countless research reports, government studies and oil industry analyses have tried to pin down the ex…
Categories: Uncategorized
Delegates to the Winter NAPE event walk to the International Pavilion as the show opens at the George R. Brown Convention Center on Tuesday, Feb. 5. 2013, in Houston. (Brett Coomer / Houston Chronicle)

Summer NAPE launches with focus on oil, gas supply surge

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The annual Summer NAPE event has launched in Houston, opening a marketplace of oil and gas land trading at the downtown George R. Brown Convention center. Energy reporter Harry Weber will be on the scene, providing live coverage of the North America Prospect Expo.
Categories: Pipelines, Production
Steam rises from the cooling towers of nuclear reactors at Georgia Power's Plant Vogtle, in Waynesboro, Ga. The U.S. Nuclear Regulatory Commission is expected to vote Thursday, Feb. 9, 2012 on Southern Company's application to begin full construction of the nation's first new nuclear units in 30 years at Plant Vogtle. (AP Photo/Mary Ann Chastain, File)

Regulator: New nuke plant now wouldn’t make sense

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If Georgia was starting from scratch, it could not financially justify the nuclear power plant now under construction.
Categories: Nuclear
Members of a pro-Yucca Mountain group, Nevadans 4 Carbon Free Energy, rally on Thursday. April 21, 2011, outside President Barack Obama's town hall meeting in Reno, Nev. (AP Photo/Scott Sonner)

Yucca nuclear debate seen revived as court rebuffs NRC

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A federal court put a gridlocked U.S. Congress, already wrestling with shrinking budgets, back in the debate over Yucca Mountain, the multibillion dollar nuclear waste site abandoned by the Obama administration.
Categories: Nuclear
(Photo: Steve Snodgrass/Flickr)

Japan studies ice wall to halt radioactive water leaks

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Turning soil into virtual permafrost with refrigerated coolant piped through the earth was first used in the 1860s to shore up coal mines. One hundred and fifty years on, it’s the newest idea for containing the Fukushima nuclear disaster.
Categories: Accidents, Nuclear
The opposition National Action Party last month offered an energy proposal that includes concessions and would pave the way for a sale of shares in the national oil company, Petroleos Mexicanos, known as Pemex. Susana Gonzalez/Bloomberg

Bond market underwhelmed by Mexico reform plan

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President Enrique Pena Nieto’s plan to loosen Mexico’s 75-year-old oil monopoly is underwhelming the bond market after he unveiled fewer incentives for private drilling companies than his political rivals advocated.
(Image: Fotolia)

Pa. family in drilling lawsuit still gets royalty

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A family that settled a lawsuit over the impacts of natural gas drilling still collects royalties from the gas production, according to documents made public this week.
Categories: Legal issues
Tim VanOstran, Enbridge Director of Safety for the region, stands in front of steel pipes in a pipe yard in Mendon Tuesday Aug. 13, 2013. Enbridge took members of the media on a tour of its Mendon, Michigan area pipe yard and pipeline construction on the 6B pipe that ruptured in 2010 in the biggest inland oil spill in US history. The pipe itself is being replaced with new pipe which is 1/2 inch minimum thickness instead of 1/4 inch, and the total diameter increases from 30 inches to 36 inches throughout most of the length of the pipe, which traverses Michigan underground from Berrien County to Detroit. The new pipe also has an improved coating.  (AP Photo/Kalamazoo Gazette, James Buck)

$1.3M oil pipeline replacement continues in Mich.

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A $1.3 billion project is moving forward to replace a 210-mile oil pipeline that stretches across Michigan and caused a 2010 spill.
Categories: Pipelines
The Deepwater Horizon oil rig burns after an explosion in the Gulf of Mexico in 2010. (AP Photo/Gerald Herbert, File)

BP: Halliburton’s expected guilty plea undermines Gulf spill arguments

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BP said Tuesday that Halliburton’s admission that it destroyed evidence after the 2010 Gulf of Mexico oil spill undermines key claims by the U.S. government in a civil trial over the disaster.