Fuel Fix

(Jordan Blum/Houston Chronicle)

Getting a glimpse of Exxon Mobil’s new campus

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The complex resembles a modern college campus with plenty of landscaping, about 20 buildings, three large parking garages, a wellness center and more.

Getting a glimpse of Exxon Mobil’s new campus

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(Jordan Blum/Houston Chronicle)
The complex resembles a modern college campus with plenty of landscaping, about 20 buildings, three large parking garages, a wellness center and more.
The shadows of  workers in the Permian Basin on February 5, 2015 in Mentone, Texas. (Photo by Spencer Platt/Getty Images)

Oil industry needs half a trillion dollars to endure price slump

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If oil stays at about $40 a barrel, the shakeout could be profound.

UPS driver Robert Mendez fuels his truck with propane in Gainesville, Ga., during a pilot program ahead of the delivery company's March 2014 announcement that it would include 1,000 propane vehicles in its U.S. fleet and build 50 refueling stations. (Geoff Johnson)

UPS delivers a boost to propane as vehicle fuel

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Most people — especially Texans — know propane as the fuel source that allows them to fire up a backyard barbecue in seconds. Now it’s also heating up as an alternative motor fuel, as companies with vehicle fleets embrace its lower costs and smaller environmental footprint relative to gasoline or diesel.
Categories: featured, Transportation
A Chesapeake Energy drilling rig (Photo: Chesapeake Energy)

Report: Efficiency driving shale production growth

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Growing efficiency of horizontal drilling and fracking is driving production increases in basins across the country, the U.S. Energy Information Administration said in a new report this week.
(AP Photo/Scanpix, Statoil)

Norway’s oil stimulus nears tipping point as growth fades

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A near half-decade boom in oil investments in Norway is about to come to an end, sapping momentum in the economy of western Europe’s largest crude producer, the country’s main economic forecaster said.
Categories: Europe, Politics/Policy
(AP Photo/Hasan Jamali)

OPEC production surges as Iraq pumps most in 35 years

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OPEC crude production rose above its target for the first time in five months as Iraq pumped the most in 35 years, according to the International Energy Agency.
A customer puts fuel in his vehicle at a Shell gas station in Peoria, Illinois. (Daniel Acker/Bloomberg)

IEA raises 2014 oil demand estimate as world economy recovers

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Oil demand will be higher in 2014 than previously estimated as global economic growth recovers, the International Energy Agency said. Pressure on supplies will ease in coming months as seasonal consumption dips.
Categories: Crude oil, Markets
(Krisztian Bocsi/Bloomberg)

Green push blows away German coal-power profits

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German Chancellor Angela Merkel’s campaign to limit climate change with an energy system based on renewable sources is cutting into profits of companies that still provide 57 percent of the power that keeps Europe’s biggest economy humming.
Categories: Coal, Environment, Europe
Sen. Lisa Murkowski, R-Alaska (AP Photo/Chris Miller)

Senator: Energy technology needed to combat climate change

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The U.S. has made progress at addressing climate change, but additional technologies are needed to promote the use of abundant energy resources while combating emissions, Sen. Lisa Murkowski, R-Alaska.
Categories: Crude oil, Environment