Fuel Fix

A contractor closes a valve on his tanker truck at a Range Resources hydraulic fracturing operation Pennsylvania. (Keith Srakocic/AP)

Fracking in dry areas adds to water woes

A study examining 25,450 fracked wells across the United States found that 47 percent lie in areas that face high or extremely high “water stress.”  More »
Dow Chemical Company site in Freeport, Texas, which employs 8,000 workers and has 65 manufacturing units over 7,000 acres. (Dow Chemical Company)

Fluor to build new Dow plants in Texas

Fluor Corp. will engineer and construct several new Dow Chemical Company facilities in Freeport, Texas, as part of Dow’s $4 billion expansion there.  More »
At right, Christopher Rager, who has been representing the National Rifle Association,talks with Minn. Rep. Michael Paymar, in March. (AP Photo)

Oil industry taps NRA lobbyist for state outreach

After representing the National Rifle Association in heated fights over gun control — including some policy debates inspired by the school shooting in Newton, Conn. — Christopher Rager now is moving to the American Petroleum Institute.  More »
Gary Sapone, left, Clark Cooper, center, and Eddie Llanes, all of Freeman, far right, work on setting up the Sercel booth on the exhibition floor at Offshore Technology Conference 2013 at Reliant Park Friday, May 3, 2013, in Houston. OTC2013 is scheduled for May 6-9. ( Brett Coomer / Houston Chronicle )

Colorful displays taking shape on OTC showroom floor

Take a sneak peek at some of the high-tech equipment and monumental displays that will fill the Offshore Technology Conference showroom floor next week.  More »
Peter Voser, Chief Executive of Royal Dutch Shell speaks during a press conference in London in 2010. Peter Voser will retire next year. (BEN STANSALLBEN STANSALL/AFP/Getty Images)

Shell CEO Peter Voser to retire in 2014

Royal Dutch Shell PLC said Thursday Chief Executive Peter Voser will step down in early 2014, and the company reported lower first-quarter profits in the wake of a decline in oil prices.  More »
(Photo: JOHN DAVENPORT/SAN ANTONIO EXPRESS-NEWS)

Statoil profit slides more than estimated as production declines

Statoil ASA (STL), Norway’s biggest energy company, said profits fell by 29 percent in the first quarter on lower oil and gas output in Norway, Brazil and as a terrorist attack shut a facility in Algeria.  More »
The Cushing, Okla., pipeline hub.

Enbridge expansion could turn into Keystone-like fight

A new front may soon open in the battle over pipelines that transport Canadian oil to the U.S.  More »
(Bill Montgomery/Houston Chronicle)

Energy Future reports $569 million first-quarter loss

Energy Future Holdings Corp., the Texas power company seeking to restructure at least $32 billion of debt, reported its ninth consecutive quarterly loss.  More »
The Sakhalin Energy LNG tanker at a jetty in Russia. (Shell)

Shell in talks to cooperate with Arrow LNG rivals in Australia

Royal Dutch Shell Plc (RDSA), Europe’s biggest oil company, said its Arrow Energy Ltd. venture in Australia is in cooperation talks with competitors building liquefied natural gas projects in Queensland state.  More »
A drilling rig aims for oil in the Bakken Shale near Watford City, N.D. (AP Photo/James MacPherson)

ND House rejects oil tax restructuring measure

North Dakota’s House rejected a measure Wednesday aimed at closing an exemption enjoyed by oil companies in exchange for lower tax rates.  More »
Tesoro-Logo

Tesoro income jumps 66% in first quarter

Capital improvements and higher margins driven by the company’s use of discounted crude oil led refiner Tesoro Corp. to a 66 percent increase in profit in the first quarter, the company said.  More »
(StockMonkeys.com/Flickr)

Canadian judge dismisses lawsuit against Chevron

An attempt by Ecuadorian villagers to have a Canadian court enforce a $19 billion judgment against multinational oil giant Chevron Corp has been dismissed by the Ontario Superior Court.  More »