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.
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
Miguel Galuccio (right), the CEO of Argentinian oil and gas firm YPF, speaks to industry leaders after giving a speech at the Latin America Oil & Gas Summit at the Westin Galleria in Houston on Wednesday, Sept. 11, 2013. (Harry R. Weber/Houston Chronicle)

Argentina’s YPF eyes vast potential of Vaca Muerta Shale

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Argentinian oil and gas firm YPF is hoping to unlock its country’s vast resource potential, and its eyes for now are squarely on the giant Vaca Muerta formation, CEO Miguel Galuccio told an industry conference in Houston on Wednesday.
(jimcrotty.com/Flickr)

Study reveals significant number of eagle deaths by wind farms

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A new scientific study is one of the first tallies of eagle deaths attributed to the nation’s growing wind energy industry, which has been a pillar of President Barack Obama’s plans to reduce the pollution blamed for global warming.
Categories: Environment, Wind
The "Norman Lady" delivers liquefied natural gas to the Dominion Natural Gas Plant's offshore docking facility in Cove Point, Md., in 2003.  (AP Photo/ Matt Houston)

Obama administration authorizes more natural gas exports

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The Obama administration on Wednesday authorized a fourth company to broadly export U.S. natural gas, giving Dominion conditional approval to sell the fossil fuel abroad after processing it at a Maryland facility.
A Texas power plant operates natural gas and coal-fired units. (AP Photo)

Feds consider ban on new coal plants that lack expensive carbon controls

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The EPA agreed to revise a similar proposal from last year in response to opposition by utilities and coal producers who said it would effectively kill coal as a power source.
Categories: Electricity, Environment
A production facility in the Gulf of Mexico. (Simone Sebastian/Houston Chronicle)

Noble Energy discovers oil and gas at Gulf of Mexico site

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The Houston company said it has discovered between 50 million and 100 million barrels of oil equivalent at its Troubadour exploratory well in the deep-water Gulf of Mexico.
A worker uses a headset and microphone to communicate with coworkers over the din of pump trucks, at the site of a natural gas hydraulic fracturing and extraction operation run by the Encana Oil & Gas (USA) Inc., outside Rifle, in western Colorado. (AP Photo/Brennan Linsley)

Anadarko, Noble launch campaign to tout fracking to wary Westerners

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Anadarko Petroleum Corp. and Noble Energy have teamed up to tout the benefits of oil and gas development in Colorado, amid mounting opposition to hydraulic fracturing in the state.
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Pennsylvania files criminal charges against XTO Energy

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Attorney General Kathleen Kane has filed criminal charges against XTO Energy, Inc. over a 2010 spill of natural gas drilling wastewater in Lycoming County.
Categories: Accidents, Legal issues