Fuel Fix

(AP Photo/U.S. Geological Survey, S.A. Sonsthagen)

Obama administration delivers big blow to Shell’s Arctic drilling plans

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Categories: Arctic, featured
The Fish and Wildlife Service said it could not authorize sound from Shell’s planned drilling of wells roughly nine miles apart to disturb walruses in the Chukchi Sea, because a 2013 requirement mandates a 15-mile buffer zone. The ruling could force Shell to dramatically scale back its hopes of drilling two wells this summer.

Obama administration delivers big blow to Shell’s Arctic drilling plans

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Categories: Arctic, featured
(AP Photo/U.S. Geological Survey, S.A. Sonsthagen)
The Fish and Wildlife Service said it could not authorize sound from Shell’s planned drilling of wells roughly nine miles apart to disturb walruses in the Chukchi Sea, because a 2013 requirement mandates a 15-mile buffer zone. The ruling could force Shell to dramatically scale back its hopes of drilling two wells this summer.
CB&I Chairman and CEO Philip K. Asherman, May 23, 2014 in The Woodlands, TX. (Eric Kayne/For the Chronicle)

CB&I jumps on $1.5 billion Houston petrochem project with Oxy

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The ethylene cracker project is being constructed by Occidental’s OxyChem subsidiary and Mexichem in the Ingleside Ethylene joint venture near Corpus Christi.

Mahfouz Elbony, vice chairman for Agreement and Exploration of the Egyptian Natural Gas Holding Company, speaks to a Houston audience at a World Affairs Council luncheon in February 2014. (Emily Pickrell/Houston Chronicle)

Egyptian oil ministers looking for investors for upcoming bid round

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Egyptian oil and gas officials touted the promise of an upcoming bid round in a visit to Houston Monday afternoon, saying that the promise of the Nile Basin, Mediterranean Sea and Red Seas could contain billions of barrels of oil.
Categories: Africa, Production

US Export Bans 101: Markets Defy Artificial Barriers

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Environmental advocates weighing in against US oil and gas exports and Keystone XL Pipeline need to be wary. The belief that creating barriers to exports and infrastructure will lock oil and gas under the ground is a misplaced one. Markets will clear, as long as the demand for fossil energy remains.  The United States as […]
Categories: General

(AP Photo/Pat Sullivan)

Proposed pipeline biggest in company history

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The company says its proposed $650 million pipeline to move natural gas from western North Dakota’s booming oil patch is the biggest and most expensive project in its history.
Categories: Natural gas, Pipelines
Demonstrators hold hands while surrounding the White House during a Keystone XL tar sands oil pipeline protest in Washington, D.C. (Andrew Harrer/Bloomberg)

Keystone’s billionaire foe urges review of ‘defective’ analysis

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Billionaire Tom Steyer, a Democratic Party donor and Keystone XL foe, called on U.S. Secretary of State John Kerry to begin a review of the “defective” environmental analysis on the pipeline released last week.
Categories: Keystone XL
Gasoline prices continue to fall and appear to be headed even lower as motorists prepare to hit the roads for Thanksgiving. ( Johnny Hanson / Houston Chronicle )

Lawmakers stress urgency as feds finish new sulfur rules for gasoline

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As the Obama administration prepares to mandate new limits on sulfur pollution from gasoline, congressional Democrats made a last-minute appeal for quick action.
Image: Fotolia

Jury convicts anti-Enbridge pipeline protesters

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Three women sit in the Ingham County jail awaiting sentencing next month for trespassing and obstructing police at the site of an Enbridge Inc. oil pipeline project.
Categories: Legal issues, Pipelines
(Image: Fotolia)

Foundations launch campaign to divest from fossil fuels

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A coalition of 17 foundations, representing almost $1.8 billion in investment, plans to divest from fossil fuel companies in its portfolios and invest more in clean energy, leaders of the effort said Jan. 30.
Categories: Finance/Earnings