Fuel Fix

(Andrew Burton/Getty Images)

IEA: Oil glut could still grow in second half of 2016

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The 13-member OPEC raised its daily output by 280,000 barrels in January as Saudi Arabia, Iran and Iraq bolstered production.

IEA: Oil glut could still grow in second half of 2016

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(Andrew Burton/Getty Images)
The 13-member OPEC raised its daily output by 280,000 barrels in January as Saudi Arabia, Iran and Iraq bolstered production.
A Chesapeake Energy storage tank near Dilley, Texas. (Pat Sullivan/AP)

Chesapeake Energy rebounds after denying bankruptcy plans

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The Oklahoma City oil and gas producer has some $11.6 billion in debt and a $500 million note due next month, according to regulatory filings.

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Energy trading firm to anchor new Houston development

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International energy trading firm Vitol will anchor a new development planned in the Upper Kirby District, a developer announced Tuesday.
Categories: Real estate
A boat is surrounded by oil near the site of the Deepwater Horizon accident in June 2010. (Smiley N. Pool / Houston Chronicle)

Concerns about Gulf spill settlement are irrelevant, plaintiffs lawyers say

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The lead plaintiffs attorneys who negotiated last year’s multibillion-dollar class-action civil settlement in the litigation over the 2010 Gulf of Mexico oil spill asked a federal appeals court Tuesday to reject a challenge to the deal filed by more than a dozen individuals and businesses.
Categories: Gulf oil spill
Power transmission lines stretch along Space Center Boulevard in Houston. (Bill Montgomery/Houston Chronicle)

Texas grid can handle winter power demand, ERCOT says

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Texas grid planners said Tuesday that the state’s power system is well prepared to handle extreme weather through the winter.
Categories: Electricity

Eagle Ford Oil & Gas gets financing for Madison, Hardin county deals

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Finance company Meridian SEZC will provide up to $60 million in financing for Eagle Ford Oil & Gas Corp. to purchase and develop properties in Madison and Hardin counties. The companies expect the deal to be completed soon. “This represents a very significant step forward for the company and will provide the funds needed for  
Categories: Uncategorized

Sanchez stays focused on the Eagle Ford

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Sanchez Energy Corp. was once known as the pure Eagle Ford Shale player, with 140,000 net acres. The company just bought a big position in Lousiana and Mississippi’s Tuscalosa Marine Shale. But its main focus continues to be in South Texas for now, according to the company’s recent call with analysts. The Houston-based company said  
Categories: Uncategorized
(epSos.de/Flickr)

SEC to rewrite foreign payment rule targeting oil and gas companies

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The Securities and Exchange Commission said Tuesday it will rewrite a rule forcing oil and gas companies to reveal what they pay foreign governments in exchange for mineral rights, instead of appealing a court ruling against the agency’s first attempt at the mandate.
Categories: Politics/Policy
Former U.S. Assistant Secretary of Energy Charles McConnell will lead Rice University's Energy and Environment Initiative as executive director, the school announced on Tuesday, Sept. 3. (Rice University)

Rice taps former US fossil energy chief to lead new initiative

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Charles McConnell, a former U.S. assistant secretary for fossil energy, said his job entails bolstering the university’s relationships with industry giants such as Exxon Mobil Corp., Royal Dutch Shell and BP.
Categories: Environment
(Mathew Sumner/San Francisco Chronicle)

Ocean energy to get a wave of federal funding

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The U.S. government is pumping $16 million into projects aimed at producing energy from ocean waves, currents and tides, based on a federal forecast that water power could provide 15 percent of U.S. electricity by 2030.
Categories: Offshore
The University of Houston developed a coating that causes liquids to bead up on fabric, solar panels and other items. (Photo: University of Houston)

University adapts solar panel coating for clothing (video)

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A set of chemical coatings developed at the University of Houston repels water and other liquids to keep things as varied as jeans and solar panels clean and protected.
Categories: Chemicals, Solar
Workers check solar panels in Yulin, northwest China's Shaanxi Province. (AP Photo/Xinhua, Liu Xiao)

China to double power capacity by 2030, led by renewables

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China’s power generation capacity is expected to double by 2030, with renewable energy making up more than half the new plants, according to a study released Tuesday by Bloomberg New Energy Finance.
Categories: Asia, Electricity
Wayne Knox, Assistant Construction Manager - Contractor for TransCanada's Keystone XL project looks at a pipe before it's lowered into the ground in Wood County, Wednesday, Oct. 24, 2012, in Winnsboro. (Cody Duty / Houston Chronicle)

Keystone delays seen giving time for climate concessions

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A decision on whether to approve the Keystone XL oil pipeline may slip into next year, giving opponents time to marshal efforts against it while offering President Barack Obama a chance to wring concessions from Canada.
Categories: Keystone XL, Pipelines
A worker with an oil cleanup crews siphons off oil on floating on the top along the drainage toward Lake Conway in Conway, Ark. (Alan English/The Log Cabin Democrat, AP Photo)

Decades of ruptures from defect show perils of old pipe

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Cristobal Sustaita didn’t know about the pipeline running underground near his West Texas home until it erupted into a fireball in 1976, burning to death five people including his wife and 20-month old son.
Categories: Pipelines