Fuel Fix

EIA map

New tool maps flood risks at nation’s power plants, refineries

The U.S. Energy Information Administration on Wednesday unveiled a new mapping tool, giving the public its first glimpse into flooding risks at the nation’s power plants, oil refineries, pipelines and other critical energy infrastructure.  More »
eog

EOG touts its latest Permian play

EOG Resources Inc. executives said Wednesday they’re optimistic about the prospects for the Second Bone Spring Sand, its latest target for drilling, which sits beneath the Leonard Shale in southeast New Mexico.  More »
(AP Photo/Pat Sullivan)

New pipeline to move stranded oil from Eaglebine

An Oklahoma firm is planning a pipeline to carry crude docked at the ancient meeting place of shale and sandstone formations in East Texas to Houston’s oil refining hub.  More »
A Chesapeake Energy storage tank near Dilley, Texas. (Pat Sullivan/AP)

Chesapeake profits down on natural gas glut

Second-quarter net income plunged by more than half compared to a year earlier even as the company cut spending and raised production.  More »
An old Houston power plant could get new energy turning natural gas into oil. (Billy Smith II/Houston Chronicle)

Old power plant site may provide energy again.

An old Houston Lighting & Power generating plant just outside South Loop 610 could get new life turning natural gas into crude oil.  More »
(Johnny Hanson / Houston Chronicle )

Venezuela says Citgo assets worth more than $10 billion

PDVSA is seeking to sell Citgo assets, the U.S. unit said in a July 29 bond prospectus document.  More »
Charles "Chuck" Davidson, CEO of Noble Energy. (Brett Coomer / Houston Chronicle)

Colorado methane compromise could be model for other states

Oil companies and environmentalists can find common ground, Noble Energy Inc. CEO Chuck Davidson said Tuesday, pointing to first-of-their-kind regulations in Colorado aimed at corralling methane emissions from drilling.  More »
eogLogoPrint

EOG reports rise in production and profit

Second-quarter profit for EOG Resources rose 7 percent, while crude and condensate production increased by a third year-over-year.  More »
The Cushing, Okla., pipeline hub.

Oil falls to 6-month low on refinery outlook

Oil dropped 91 cents, or 0.9 percent, to close at $97.38 a barrel on the New York Mercantile Exchange.  More »
In 2011, the Marcellus gas production outstripped winter demand for natural gas for the Pennsylvania and West Virginia region, and is now on track to surpass winter demand in the New York, New Jersey, Delaware, Maryland and Virginia region as well, the EIA found.

Marcellus Region’s natural gas production reaches record high

Natural gas production from the Marcellus Shale in the Northeastern United States has reached 15 billion cubic feet per day, a more than sevenfold increase since 2010.  More »
(AP Photo/LM Otero)

Pattern Development acquires Texas wind farm development

Pattern Energy Group LP announced Tuesday it had acquired a planned 200 megawatt wind project southwest of Dallas that will sell more than half the power it produces to Wal-Mart.  More »
(AP Photo/Skagit Valley Herald, Scott Terrell)

North Dakota crude no more dangerous than similar fuels, report finds

HOUSTON — An industry-funded study released Monday concluded that the oil from the Bakken region doesn’t pose a greater risk to transport than other similar, types of crude. The study is the most scientific analysis of the region’s crude so far, the North Dakota Petroleum Council said. The group hopes the report allays fears that […]  More »