Fuel Fix

(David Paul Morris/Bloomberg)

Chevron sells 30 percent stake in Canadian play

The deal expands Chevron’s relationship with Kuwait Foreign Petroleum Exploration Company, creating a partnership to develop about 330,000 net acres in the liquids-rich Kaybob area of the Duvernay shale.  More »
Home heating oil tank being filled (AP Photo/Gene J. Puskar)

Northeast U.S. gas at decade-high for winter on supply concern

Supplies in the so-called consuming east region, which covers the Northeast to the Midwest, are at the lowest seasonal level since 2000, government data show.  More »
Rosneft President Igor Sechin (AP file photo/Alexander Zemlianichenko)

Putin factions gridlocked over arrest as sanctions bite

Russia’s ruling elite is convulsing as the economy careens toward recession, the ruble hovers near a record low and the conflict in Ukraine pushes the country deeper into a standoff with the U.S and its allies.  More »

Mideast Iraq Oil

Tumbling oil prices punish hedge funds betting on gains

Hedge funds increased bets on rising oil prices just before crude futures tumbled to a 17-month low on signs that global supply is outstripping demand.  More »
In this photo taken on Aug. 13, 2014, Friends of Augusta handout no pipeline stickers for people to wear during the supervisors meeting when representatives from Dominion present their proposal for a natural gas pipeline that would run through Augusta County to the Augusta County supervisors in Verona, Va. (AP Photo/The Staunton News Leader, Randall Wolf)

Pipeline’s path stirs opposition in Va., W.Va.

A proposed $5 billion pipeline that would deliver natural gas to the Southeast is finding opposition along its planned path in West Virginia and Virginia.  More »
In this undated photo, Zach Lamppa poses with an unmanned aircraft in North Dakota. Lamppa hopes to bring drone use to North Dakota's oil fields to monitor pipelines. Currently commercial use of drones is banned by the Federal Aviation Administration but that body has recently granted several exceptions, including oil companies British Petroleum and ConocoPhillips in Alaska. (AP Photo/Energy Intelligence)

Drones could be used on North Dakota oil fields

While the commercial use of drones is largely banned, the Federal Aviation Administration allowed oil giant ConocoPhillips to use unmanned aircraft systems in Alaska’s Prudhoe Bay oil field last year and granted a similar permission to BP there in June.  More »
George Terwilliger of law firm Morgan, Lewis & Bockius

Q&A: Companies take steps to avoid greasing palms in oil search

Energy companies are a particularly vulnerable to investigations under U.S. anti-bribery laws because they often operate in remote countries with histories of corruption, says George Terwilliger, a former deputy U.S. attorney general who now works at a private law firm.  More »
Baker Hughes painted 1,000 drill bits pink to raise awareness about breast cancer. (Rhiannon Meyers/Houston Chronicle)

Breast cancer awareness heads to oil patch on a pink drill bit

Baker Hughes painted a thousand drill bits pink this month, adopting the rosy shade used by Susan G. Komen, the philanthropic organization that promotes education, research and advocacy for breast cancer.  More »
The West Texas sky silhouettes a Linn Energy pumpjack in the Permian basin. (Linn Energy)

Eagle Ford, Permian drilling production surges

According to the Texas Petro Index, oil production in Texas rose almost 20 million barrels.  More »
Cheniere Energy is considering building a terminal in Ingleside to store and and ship condensate. (Courtesy Cheniere Energy)

Cheniere considers condensate export facility near Corpus Christi

The Houston-based company is negotiating to buy 552 acres in an industrial site along the La Quinta Ship Channel for a condensate storage and shipping project which could cost between $400 and $600 million.  More »
Oil Barrels

West Texas crude settles below $90 a barrel

“You are seeing pretty good growth in oil supply and that’s weighing on the market,” an investor says.  More »
Rich Kinder, left, chairman and CEO of Kinder Morgan. (Melissa Phillip / Houston Chronicle )

Kinder Morgan facing investor lawsuit over consolidation plan

Kinder, a Houston billionaire, is consolidating his pipeline empire as the U.S. shale drilling boom opens up $1.5 trillion in potential purchases and expansion projects.  More »
NATURAL GAS

Baker Hughes: Oil, gas rig count falling

The number of oil and gas rigs in the U.S. is falling as oil futures fall below $90 a barrel this week.  More »
BP Deepwater Horizon drilling rig

BP swipe at “reckless” ruling hinges on challenge to Halliburton expert

BP’s attempt to unravel a verdict that its recklessness caused the Deepwater Horizon oil spill hinges on its legal and scientific challenge to the testimony of one expert and its bid to cast more blame for the disaster on cement contractor Halliburton.  More »
Yoko Ono appears at a news conference in New York to launch the coalition of artists opposing hydraulic fracturing called Artists Against Fracking.  (AP Photo/Bebeto Matthews, File)

EOG, Anadarko reach deal with New York to disclose financial risks of fracking

The New York Attorney General Eric Schneiderman reached an agreement with Houston based energy producers EOG Resources and Anadarko that will require them to disclose the financial risks associated with hydraulic fracturing, his office announced Friday.  More »