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.

Ol sands - a mixture of clay, sand and bitumen -- are removed from a Suncor mine in Alberta, Canada. (Jennifer A. Dlouhy / The Houston Chronicle)

Oil-sands cargos face tougher US rail-shipping rules

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Train shipments of crude are under review across North America after a U.S. emergency order requiring new safety measures to prevent accidents.
Categories: Canada, Rail
An LNG tanker offloads in Cove Point, Md., in 2003.  (AP Photo/ Matt Houston)

Federal law blocking cheap Texas fuel from reaching frozen East Coast

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As freezing weather drained stockpiles of propane to their lowest seasonal level in two decades on the U.S. East Coast this month, shivering New Englanders couldn’t tap abundant supplies sailing out of Texas. The reason? The Jones Act.
Categories: Markets

Fragmented and disappearing marsh, which was formerly cypress forest, in St. Bernard Parish, just outside New Orleans. (AP Photo/Gerald Herbert)

Battle shaping up over ‘Big Oil’ lawsuit bill

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Supporters of a south Louisiana flood control board’s lawsuit against scores of oil and gas companies over erosion of coastal wetlands announced plans Thursday to fight legislation they say could undermine not only the lawsuit but the political independence of the board.
(Clean Energy Fuels)

Researchers: Natural gas vehicles will see rapid rise globally through 2023

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The number of light-duty vehicles running on natural gas will more than double over the next decade to 39.8 million traveling on roads worldwide, according to a new report by research firm Navigant.

Growing Momentum for Energy Exports?

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Support for lifting restrictions on U.S. energy exports is gaining momentum in Congress.  Recently, members of the House Energy and Commerce Committee put their support behind the growing chorus to lift restrictions on U.S. energy exports.  They join Senators Murkowski and Landrieu, the ranking member and now-chair of the Senate Energy and Natural Resources committee. […]
Categories: General
Oil Barrel

Oil and natural gas down slightly; pump prices up

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Energy markets were relatively tame Wednesday, with both oil and natural gas showing small declines. Benchmark U.S. crude for April delivery slipped 19 cents to close at $102.40 a barrel on the New York Mercantile Exchange. Natural gas futures fell 3 cents to $4.51 per 1,000 cubic feet as weather forecasts indicate households won’t have […]
Shell-Logo-323x300

Shell Nigeria closes major pipeline, cites theft

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Shell said it hopes to reopen it as soon as possible.
Categories: Africa