Fuel Fix

Speaking at CERAWeek 2013, CNOOC CEO Fanrong Li said there are misconceptions about the company's goals. (Johnny Hanson/Houston Chronicle)

CNOOC chief: Countries should work together to meet global energy needs

CNOOC CEO Li Fanrong said there are misconceptions about the state-owned company’s overseas acquisitions and investments.  More »
Randy Ezell Coast Guard Photo

Oil spill judge hears from rig blast survivor

A Transocean employee who survived the Deepwater Horizon rig explosion testified at the Gulf oil spill trial Tuesday that a subordinate killed in the blast was one of the workers who apparently missed signs the well was about to blow out.  More »
Panelists at CERAWeek Tuesday speak about the impact of the unprecedented boom in unconventional oil and gas development. (Jeannie Kever/Houston Chronicle)

The shale gale will go global, but when?

The shale oil and gas drilling boom, credited with creating jobs and pumping money into state and federal treasuries across the United States, will eventually spread across the globe, executives from several international energy companies told delegates to the IHS CERAWeek conference in Houston Tuesday.  More »

(Photo: Anadarko)

Anadarko sells minority stake in Gulf project

Anadarko Petroleum is selling a nearly 13 percent stake in the Heidelberg development project in the Gulf of Mexico for $860 million.  More »

Water flows through panel’s fracturing discussion

CERAWeek panelists said the industry is working to reduce the amount of water requiring disposal after hydraulic fracturing operations.  More »

Big money, mentors key to energy innovation

Young innovators may hold the keys to unlocking new energy technology, but they need help from mentors, access to business leaders and a whole lot of money, experts told IHS CERAWeek on Tuesday.  More »
Photo via Creative Commons license (Flickr.com/Inf-Lite Teacher

Suncor CEO: Canada’s best export could be oil

Suncor CEO Steve Williams told CERAWeek attendees that Justin Bieber isn’t Canada’s best product. The U.S. should be more excited about a different Canadian export: energy.  More »
Mike Bahorich, executive Vice President and chief technology officer, Apache (Jeannie Kever/Houston Chronicle)

Tight oil will spread globally, but slowly

Mike Bahorich, executive vice president and chief technology officer at Apache Corp., noted that diesel is still the dominant fuel for high horsepower engines, which drive operations at drilling sites.  More »
Jack  Gerard, CEO American Petroleum Institute during an editorial board interview on Wednesday, April 21, 2010, in Houston. (James Nielsen/Houston Chronicle)

Industry group chief urges policymakers to be ‘sensible’

A key oil and gas industry group is pushing U.S. policymakers to get out of the way of further growth in the country’s energy revolution so that more jobs can be created.  More »
Saudi Aramco CEO Khalid Al-Falih speaks at the CERAWeek 2013 conference in Houston. (Johnny Hanson/Houston Chronicle)

Amid oil boom, Saudi Aramco urges resilience

The chief executive of the world’s largest oil giant said Tuesday at the CERAWeek energy conference in Houston that he planned to invest heavily in renewable energy technology, even during a renaissance of fossil fuel production.  More »
Trucks dump dirt at an oil sands mine operated by Suncor in Alberta, Canada. The facility, which started operating in 1967, extracts tar-like bitumen from the oil sands. Once diluted with other materials or upgraded into a synthetic crude oil, the hydrocarbon can be transported by pipeline to refineries in the U.S.  (Jennifer A. Dlouhy/Houston Chronicle)

Growth in U.S. crude seen complementing Canadian oil sands

Energy companies developing tight oil in the United States are going head-to-head with Canadian crude producers in a competition for scarce options to ferry those supplies to American refineries. But the two resources can peacefully coexist, industry representatives told CERAWeek delegates on Tuesday.  More »

Talent gap seen in oil and gas industry workforce

The oil and gas industry is facing a talent gap just as a large number of older and more experienced employees is nearing retirement, a troubling trend that is especially acute in the United States and Canada, demographics experts said Tuesday.  More »
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)

Natural gas seen gaining with Obama’s fracking-friendly nominees

President Barack Obama says his picks to guide energy and environmental policy in his second term will lead the charge against global warming, a fight that may have one immediate beneficiary: natural gas.  More »
(AP Photo/Reed Saxon)

Retail gasoline falls first time in 2013

Retail gasoline prices in the U.S. declined for the first time this year as seasonal refinery maintenance nears an end and fuel producers prepare to restore supplies in the market.  More »
(AP Photo/Gerald Herbert, File)

BP executive defends report on Gulf oil spill

The BP executive who led the company’s probe of the Deepwater Horizon rig explosion denied Monday that his investigators narrowly focused on rig workers’ actions to spare onshore engineers and managers from blame for the disaster.  More »