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 to bring drilling back to pre-downturn levels

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Pioneer Natural Resources said late Tuesday it lost $218 million in the second quarter but still expects its crude production to increase 10 percent this year.

Pioneer to bring drilling back to pre-downturn levels

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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)
Pioneer Natural Resources said late Tuesday it lost $218 million in the second quarter but still expects its crude production to increase 10 percent this year.
Former Florida Gov. Jeb Bush, Dr. Ben Carson, and New Jersey Gov. Chris Christie stand on the stage prior to the Voters First Presidential Forum for Republicans at Saint Anselm College August 3, 2015 in Manchester, New Hampshire. (Photo by Darren McCollester/Getty Images)

Energy industry lobbying arm lays out wish list for White House hopefuls

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It’s time for presidential candidates to start outlining their plans for energy policy, a top oil industry leader says.

Several hundred youth who marched from Georgetown University to the White House to protest the Keystone XL Pipeline are arrested outside the White House in Washington, Sunday, March 2, 2014. (AP Photo/Susan Walsh)

Pipeline protesters arrested at White House

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Police arrested hundreds of people who strapped themselves to the White House fence on Sunday to protest the proposed Keystone XL oil pipeline.
Categories: Keystone XL
(AP Photo/Alex Brandon, File)

Report: Marcellus growth not peaking any time soon

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Natural gas production from the booming Marcellus Shale will represent nearly a quarter of U.S. production by 2015, according to a new report published this morning by analysts at Morningstar.
Categories: Natural gas, Shale

Yellow oil barrels

Oil export ban can be lifted piecemeal, analysis says

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President Barack Obama should follow the lead of previous commanders-in-chief by creating exceptions to the United States’ 39-year-old ban on exporting American crude, Sen. Lisa Murkowski argued Monday.
(Image: Fotolia)

Cold weather, hot market: Texas power price reaches max

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Wholesale electricity in Texas, typically less than $100 per megawatt hour, reached $5,000 as heating demand approached generation capacity.
Categories: Electricity
PHILIPPE HUGUEN/AFP/GettyImages

Feds slash sulfur limit in gasoline

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The Obama administration imposed new limits on the amount of sulfur in gasoline on Monday, overruling the objections of refiners and oil companies who said the new ceiling would be too low and drop too fast.
Valero CEO Bill Klesse speaks during a panel discussion at CERAWeek 2010 at Hilton Americas Hotel Tuesday, March 9, 2010, in Houston. ( Melissa Phillip / Chronicle )

Valero CEO to step down

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Valero Energy Corp. announced Monday that Bill Klesse, 67, has chosen to step down as CEO effective May 1. Klesse will remain a director and chairman of the board of Valero, the world’s largest independent refiner
Categories: People, Refining
Russian Energy Minister Alexander Novak. (Andrey Rudakov/Bloomberg)

Russian energy minister cancels Houston visit amid Ukrainian crisis

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Russian Energy Minister Alexander Novak has canceled plans to speak at the CERAWeek energy conference in Houston on Tuesday, as tensions in the Ukraine heat up.
Categories: Europe