Fuel Fix

Anadarko Petroleum Corporation CEO Al Walker, gives a speech after his company won top ranked large employer during the Houston Chronicle's Top Workplaces Awards Gala, Thursday, Nov. 8, 2012, in Houston. (Nick de la Torre/Houston Chronicle)

Anadarko CEO: Outlook still uncertain for shale comeback

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Earlier in the year, before initial declines in service costs, Anadarko had estimated it would take $3 billion in capital expenditures to keep production levels flat. Now, Walker said, it would take about $2.7 billion, and there is still room for improvement.

Anadarko CEO: Outlook still uncertain for shale comeback

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Anadarko Petroleum Corporation CEO Al Walker, gives a speech after his company won top ranked large employer during the Houston Chronicle's Top Workplaces Awards Gala, Thursday, Nov. 8, 2012, in Houston. (Nick de la Torre/Houston Chronicle)
Earlier in the year, before initial declines in service costs, Anadarko had estimated it would take $3 billion in capital expenditures to keep production levels flat. Now, Walker said, it would take about $2.7 billion, and there is still room for improvement.
Halliburton CEO Dave Lesar (Melissa Phillip/Chronicle)

Paychecks rose for some Houston energy CEOs in 2014

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The 10 highest-paid executives in Houston last year all work in the energy industry, despite domestic oil’s long and lingering swoon.

baker hughes walking rig

Drilling rig market finally improving in U.S., Nabors CEO says

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Growing demand for walking rigs may finally improve the market for land drilling contractors in the U.S., the chief executive of Nabors Industries said Wednesday.
(Golden Pass Products)

Profits from US natural gas exports could disappoint, researcher says

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The market could be overreacting to the high price of natural gas in Asia to such an extent that LNG export terminals might not be as profitable as once imagined, a new study from Rice University warns.
Categories: Asia, featured, LNG, Markets

handshake  behind a corporative building.Great for any design.

Canadian Natural acquires Devon assets for $2.9B

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Canadian Natural Resources Ltd., the nation’s biggest producer of heavy oil, agreed to buy Devon Energy Corp.’s conventional oil and natural-gas fields in Canada for $2.86 billion in cash.
Categories: Canada, Deals
(Jacquelyn Martin/AP Photo)

Obama heads to Mexico amigos meeting strained by Keystone

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Canadian Prime Minister Stephen Harper’s frustration with U.S. PresidentBarack Obama’s failure to approve the Keystone XL pipeline may make this installment of the North America summit, known as the “Three Amigos,” the frostiest since the annual meetings began almost a decade ago.
Photo:  www.originalstrength.net

Among “pharmacists”, engineers and ex-gangmembers, the oilfield is a great equalizer

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In hindsight, some of the best parts about working in the field were the stories I accumulated. In my mind, one of the funniest stories actually happened on my very last job (well, so far in my career anyways) on a rig.
Ohio Gov. John R. Kasich. (AP Photo/Akron Beacon Journal, Paul Tople)

Records: Ohio governor’s aides knew of pro-drilling plan

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A memo labeled the so-called eco-left, including the Sierra Club, Ohio Environmental Council and others as adversaries. Halliburton and other energy companies the department is charged with regulating were named as allies, as were national, local and state chambers of commerce.
Oil prices pulled back Wednesday after reaching highs for 2015 on Tuesday.

Oil nears $103 on winter demand, supply concerns

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The price of oil extended gains to near $103 a barrel Wednesday, driven by severe winter weather in the U.S. and supply concerns.
Categories: Crude oil, Markets