Fuel Fix

(Photographer: Eddie Seal, Bloomberg)

Magnum Hunter shares could be de-listed, NYSE says

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A punishing summer oil slump sent Magnum Hunter Resources Corp.’s shares below $1 apiece last month as it reported its crude and natural gas revenues in the second quarter came in sharply lower than last year, when oil was trading around $100 a barrel.

Magnum Hunter shares could be de-listed, NYSE says

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(Photographer: Eddie Seal, Bloomberg)
A punishing summer oil slump sent Magnum Hunter Resources Corp.’s shares below $1 apiece last month as it reported its crude and natural gas revenues in the second quarter came in sharply lower than last year, when oil was trading around $100 a barrel.
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These are the experts drawing battle lines over oil exports

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The cast of experts weighing in on the issue includes former Obama administration officials and military veterans.
(Jeff Pachoud/AFP/Getty)

Report: Bad gasoline shipped from Exxon’s Baton Rouge terminal

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Exxon Mobil’s Baton Baton Rouge gasoline terminal shipped out tainted fuel that has clogged up car systems, the state’s commissioner of Agriculture and Forestry told The Advocate.
Categories: Gasoline, General
A Prairie chicken walks out from an acclamation pen at Attwater Prairie Chicken National Wildlife Refuge. (Cody Duty / Houston Chronicle)

Feds list lesser prairie chicken as threatened

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WASHINGTON — The Obama administration said Thursday it is placing a grassland grouse known as the lesser prairie chicken on a list of threatened species, a move that could affect oil and gas drilling, wind farms and other activities in five central and southwestern states. The decision by the Fish and Wildlife Service is a […]
(Image: Fotolia)

Oil up above $101 as US growth rate revised higher

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Benchmark U.S. crude for May delivery rose $1.02 to close at $101.28 on the New York Mercantile Exchange. That is the highest closing price in three weeks. On Wednesday, oil jumped $1.07 to close at $100.26.
A massive fire roars through a mostly residential neighborhood in San Bruno, Calif. in Sept. 2010 after a Pacific Gas & Electric Co. pipeline exploded . (AP photo)

PG&E: Federal criminal charges likely in gas blast

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A disclosure document filed with the Securities and Exchange Commission by PG&E Corp. and its subsidiary said the company expects the federal government will bring criminal charges against the utility in connection with the Sept. 9, 2010, explosion of its transmission pipeline in San Bruno.
Sen. Mary Landrieu, D-La., speaks at a Capitol Hill rally for Keystone XL earlier this year. (Mandel Ngan/Getty)

Lawmakers mull shaking up LNG export reviews

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Key senators are pressuring the Energy Department to abandon its 2012 plan for processing applications to broadly export natural gas, insisting that the two-year-old approach does not do enough to prioritize projects that have secured financing, signed up customers and are close to winning other needed permits.
People wave Russian flags as they look at Russian President Vladimir Putin delivering a speech on a screen on March 18, 2014, in Sevastopol.  (VIKTOR DRACHEV/AFP/Getty Images)

Sanctions likely to sting big Russian oil projects

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International sanctions against Russian officials could endanger the country’s multibillion-dollar pipeline, liquefied natural gas and offshore projects as the cost of borrowing money surges, according to a report released this week.
Ramanan Krishnamoorti has been named to head all energy initiatives at the University of Houston. (UH photo)

UH teams up with energy companies for real-world electricity research

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The University of Houston has teamed up with two Houston-based energy companies to create a special think tank focused on the needs of electricity companies, the university announced Monday.
Categories: Electricity