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.

Shell and SSE are looking to develop the world's first full-scale gas carbon capture and storage project – the Peterhead Project.

Shell reaches landmark with world’s first industrial carbon capture project

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The British government, already a strong advocate of clean energy, showed that it is planning to put its money where its carbon is, signing an agreement on Monday to move ahead on the world’s first industrial-sized carbon capture project.
Categories: Coal, Europe
Workers move a section of well casing into place at a Chesapeake Energy natural gas well site near Burlington, Pa. (AP Photo/Ralph Wilson, File)

Chesapeake Energy mulls sale, spinoff of division

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Chesapeake Energy Corp. is considering selling or possibly spinning off its oilfield services unit to help maximize shareholder value.

(ROBERT GILHOOLY/BLOOMBERG NEWS)

Natural gas wagers jump on tumbling supplies

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Hedge funds increased bullish bets on natural gas for the fifth time in six weeks as arctic weather stoked demand for the heating fuel, depleting stockpiles and sending prices to a five-year high.
Categories: Natural gas
A ship sits docked along the Houston Ship Channel in Houston on Jan. 30, 2014. (Scott Dalton/Bloomberg)

Massive oil ships play ‘chicken’ in the Houston Channel

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All along this 52-mile (84-kilometer) shipping lane, there are signs of the energy resurgence that BP Plc says might enable the U.S. to meet all its own needs by 2035.
Categories: featured, Markets
Last Mile - Final fueling

More work needed to stop flaring gas, officials say

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Energy companies are making strides in capturing the natural gas that flows out of North Dakota oil wells but still have a long way to go to stop burning off the fossil fuel, governors and business executives said Monday.
A crewman directs a pipe for the southern leg of TransCanada's Keystone XL project in Wood County, Texas. The northern leg has not yet received approval from the Obama administration. (Cody Duty / Houston Chronicle)

Keystone’s future in hands of Nebraska’s new pipeline regulator

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A Nebraska agency faulted over campaign donations from regulated companies may soon decide the fate of Keystone XL, its first review of an oil pipeline.
(AP file photo/John McConnico)

Arctic oil still seen decades off as producers balk at costs

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The Arctic holds 30 percent of the world’s undiscovered natural gas reserves and 13 percent of its undiscovered oil, according to U.S. Geological Survey estimates. Still, exploration of the Arctic ocean floor, where 84 percent of these resources are thought to be trapped, has suffered setbacks in recent years.
Categories: Arctic