Fuel Fix

An oil & gas drilling rig is drilling a well for Pioneer Natural Resources in the Eagle Ford Shale formation near Yorktown. (Eddie Seal/Texas Tribune)

Pioneer Natural slashes budget, halts drilling amid oil-price crash

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The Texas shale explorer scrapped plans to increase outlays for drilling announced early last month, and instead will reduce spending about 9 percent from last year.

Pioneer Natural slashes budget, halts drilling amid oil-price crash

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An oil & gas drilling rig is drilling a well for Pioneer Natural Resources in the Eagle Ford Shale formation near Yorktown. (Eddie Seal/Texas Tribune)
The Texas shale explorer scrapped plans to increase outlays for drilling announced early last month, and instead will reduce spending about 9 percent from last year.
(Daniel Acker/Bloomberg)

Wyoming oilmen diversify to survive the bust

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Casper businesses were the hub for Wyoming’s oilfields during the boom years. Today, they are rewriting business plans, reassigning machines for jobs outside the oil patch and experimenting with new product lines.
Shell-Logo-323x300

Shell names new oil refining chief

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Royal Dutch Shell Plc (RDSA), Europe’s largest oil company, named John Abbott as refining director to succeed Ben van Beurden, who will become chief executive officer in January.
Categories: Refining, Social
(AP Photo/Charlie Riedel)

Coal industry cries foul over Obama emission rules

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Representatives of coal-intensive utilities and coal-producing regions said that President Barack Obama would effectively outlaw construction of new power plants using the fuel with pending environmental rules.
Categories: Coal
Maintenance crews work on the dam at Lake Red Rock, Monday, Aug. 26, 2013, near Pella, Iowa. A power company wants to build a hydroelectric plant at the dam _ a project that reflects renewed interest in hydropower nationwide that could bring changes to scores of American dams. (AP Photo/Charlie Neibergall)

Hydroelectric power makes big comeback at US dams

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On a typical summer weekend, hundreds of boats glide across the shimmering surface of Iowa’s Lake Red Rock, the state’s largest body of water.
Categories: Electricity
(Jennifer A. Dlouhy/Houston Chronicle)

China bans new coal-fired plants in 3 regions

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China announced Thursday that it will ban new coal-fired power plants in three key industrial regions around Beijing, Shanghai and Guangzhou in its latest bid to combat the country’s notorious air pollution.
Categories: Coal, Electricity

Thoughts on 9-11

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In 1977, a rag tag group gathered to study Arabic under the tulelage of Dr. Abraham Udovitch, an acclaimed scholar who studied the social and economic life of 11th century Egypt, among other topics.  It proved to be a highly successful group of people: To name a few, a professor of Middle Eastern politics (urbanism, […]
Categories: General
Oil pumps  operate near Lost Hills, Calif. (AP Photo/Rich Pedroncelli)

California Assembly passes new regulations on fracking

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California lawmakers weighing the prospects of the largest U.S. shale-oil reserves are poised to give final approval to regulations strengthening state oversight of the extraction technique known as hydraulic fracturing.
(AP Photo/Hasan Jamali)

Midstates Petroleum hits production gusher

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Midstates Petroleum Co.’s stock jumped Wednesday after the company reported a 53 percent increase in its daily energy production on higher output from its Anadarko Basin and other operations.
Categories: Exploration, Production
Christopher Smith, acting assistant secretary for fossil energy at the the Department of Energy, speaks on current government research on oil and gas during the Offshore Technology Conference in May 2013. President Barack Obama has nominated him to take the high-ranking Energy Department post permanently. ( Brett Coomer / Houston Chronicle )

Obama taps industry veteran for top Energy Dept. post

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An oil industry veteran is set to formally take the driver’s seat steering the administration’s policy on exporting natural gas, with President Barack Obama’s decision to nominate Christopher Smith for a high-ranking Energy Department post.
Categories: Politics/Policy
(AP Photo/Evan Vucci)

Senate energy efficiency debate becomes battleground

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The Senate on Wednesday plunged into its biggest debate on energy policy in years, by taking up a modest, bipartisan bill that aims to boost the efficiency of buildings nationwide. But despite the measure’s wide popularity and narrow scope, the Senate debate on the bill is poised to become a battleground for fighting out an array of controversial energy issues, including whether the Obama administration should approve TransCanada Corp.’s proposed Keystone XL pipeline.
Categories: Politics/Policy
handshake  behind a corporative building.Great for any design.

Harvest Natural in talks to sell Venezuelan assets

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Harvest, which is based in Houston, has its principal operations in Venezuela.
Categories: Latin America
(Nick De La Torre / Houston Chronicle)

LNG export critics call on Energy Dept. for time out

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With the Obama administration on Wednesday approving a fourth company’s plans to sell natural gas overseas, some lawmakers and manufacturers said it’s time for the federal government to reassess the economic risks of those export approvals.
Chevron hired an investment banker to gauge buyer interest in its Hawaiian operations.
(AP Photo/Lynne Sladky)

New Mexico, Chevron settle over cleanup costs

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The state alleges Chevron falsely claimed it didn’t have and didn’t collect on insurance to pay for cleaning up petroleum contamination.
Categories: Environment