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.

(AP Photo/LM Otero)

Brazil aims to be No. 1 in Latin American wind energy

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Brazil could have more than 20,000 megawatts of wind power capacity in less than 10 years, according to a recent report by Navigant Research. That’s a dramatic increase from the roughly 3,000 megawatts of current wind generation capacity in the Latin American country.
Categories: Latin America, Wind
Great Britain Prime Minister David Cameron visits the Total Oil Depot shale drilling site in Gainsborough, Lincolnshire in England on January 13, 2014.  French company Total confirmed it will invest about £30 million in the shale drilling project in Gainsborough, and it is believed to be the first major energy firm to invest in U.K. fracking. Prime Minister David Cameron indicated councils would receive a significant financial boost from the business rates collected from controversial shale gas schemes, with local authorities receiving 100 percent of the business rates, double the usual 50 percent. (WPA Pool/Getty Images)

Shale gas halted in UK by six-month permit wait

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In Texas it takes seven days to get permission to use hydraulic fracturing to drill for oil and gas. In the U.K. the wait is six months.
Categories: Europe, Shale

Power lines and pump jacks dot the horizon in the Permian Basin just west of Midland, Texas. The basin extends into New Mexico. (San Antonio Express-News)

Diamondback buys more Perman Basin acres

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HOUSTON – Diamondback Energy plans to add an additional 1,858 acres in the Permian Basin to its holdings, the second such deal it announced this week.
Categories: Deals
U.S. President Barack Obama (left), Mexican President Enrique Peña Nieto, and Canadian Prime Minister Stephen Harper shake hands at the end of a news conference after the seventh trilateral North American Leaders Summit Meeting in Toluca, Mexico, Wednesday Feb. 19, 2014. (AP Photo/Jacquelyn Martin)

Obama pressed by neighbors on sensitive issues

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President Barack Obama on Wednesday vowed to press ahead with stalled efforts to expand trade agreements for the Americas into Asia, but made no promises to frustrated Canadian leaders about his long-anticipated decision on the Keystone XL pipeline.
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BP to meet with feds on parameters of oil spill penalty trials

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A federal judge on Wednesday ordered BP and U.S. attorneys to meet next month to discuss how the “penalty phase” in BP’s oil spill trial will proceed.
Kurt Mix (center) arrives at the Hale Boggs Federal Building in New Orleans, Tuesday, Dec. 3, 2013.  (AP Photo/Jonathan Bachman)

Judge rejects Mix’s motion seeking his recusal

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U.S. District Judge Stanwood Duval Jr. blasted a potential conflict-of-interest claim raised by Kurt Mix’s attorneys
Categories: Gulf oil spill
Workers construct an apartment building in Williston, N.D. A national study from Apartment Guide shows that the North Dakota oil patch city of Williston has the highest average rent in the country. (AP Photo/James MacPherson)

Little oil town has nation’s highest rents

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The nation’s highest rent costs can be found in a small oil boom town where the average cost for a month’s rent in a 700-square-foot, one-bedroom pad can run $2,400.
Categories: Real estate