Fuel Fix

The Noble Explorer drilled offshore in Alaska for Shell in 2012, and Shell's CEO says the company may try to return to the icy waters next summer. (Photo courtesy of Shell Oil Co.)

Shell hits snags in path to Arctic drilling

Shell’s plans to launch exploratory oil drilling in Arctic waters this summer have been hit by a series of setbacks in recent days.  More »
A canoe race at Pim-Poum Beach in Kourou, French Guiana. (Photo: Arria Belli)

Tullow abandons well off South American coast

Tullow Oil’s first well off the coast of Guyana will be abandoned for safety reasons as the company continues to bet on South American offshore prospects, it said Monday.  More »
(Photo: Fotolia)

Pipeline co. fined $5,000 for oil spill in Texas

The U.S. Environmental Protection Agency has fined Enterprise Crude Pipeline $5,000 for spilling some 4,200 gallons of crude oil into a Texas tributary that feeds into a major river.  More »
Union Pacific is upgrading Houston's huge Englewood Yard. The company has added 785 Texas employees this year, largely to respond to the booming Eagle Ford Shale in South Texas. Photo: Nick De La Torre / © 2012 Houston Chronicle

MLPs increasingly popular for service firms

Master limited partnerships in the energy sphere aren’t just for pipeline companies anymore – this corporate structure is now being increasingly used by oilfield services companies to provide more control over investment decisions, according to a Tudor Pickering analyst’s note.  More »
Shell-Logo-323x300

Shell drops out of race for Cove, leaving PTTEP as winner

Royal Dutch Shell Plc, Europe’s largest energy producer, pulled out of the race for Cove Energy Plc, leaving Thailand’s PTT Exploration & Production Pcl as the sole bidder for the East Africa-focused explorer.  More »
The sun shines over a Range Resources well site in Washington, Pa. (AP Photo/Keith Srakocic, File)

Experts debate the advantages, disadvantages to drilling boom

A group of experts debated whether the United States is benefiting from the natural gas boom or whether the uptick in drilling is causing more harm than good.  More »
The "blue" Tesla Model S sedan sits on display in the parking lot at Tesla Headquarters on Friday July 13, 2012 in Palo Alto, Calif. Photo: Mike Kepka, The Chronicle / SF

Tesla test drive: Smooth, silent, fast

A word of caution about the Model S, Tesla Motors’ new electric sedan: Car buffs who live for the rumble of a big, bad, gas-burning engine may want to look elsewhere. The S stays smooth and silent, even when it’s flying down the highway.  More »
The road where the drugs were found was one of many that have been leased to energy companies. / U.S. Border Patrol

Gas drilling a boom for drug traffickers, too

Energy companies boring into the depths of South Texas in the multibillion-dollar hunt for natural gas and oil are opening a growing fissure in U.S.-Mexico border security as they build hundreds of miles of private back roads and an uncharted pipeline to America for drug traffickers.  More »
President-elect Enrique Peña Nieto plans to push for private investment in Mexico's energy industry when the new Congress convenes Sept 1. Photo: Eduardo Verdugo / AP

Will Texas oil companies get a shot at Mexico investments?

The sense of urgency gripping Mexican energy policies could bring big cash to Texas oil patch companies and might eventually include investments in shale gas deposits near the Rio Grande and vast petroleum pools beneath the deepest reaches of the Gulf.  More »
The liquefied natural gas tanker Inigo Tapias makes its way through Boston Harbor past downtown Boston on Jan. 24, 2004. (AP Photo/Michael Dwyer)

Natural gas glut a dilemma for Obama

The drilling boom that has led to a glut of natural gas and sent prices to 10-year lows is causing a quandary for the Obama administration, which is struggling to decide whether – and how much – the U.S. should share the bounty with foreign countries.  More »
eagle ford

Eagle Ford housing crunch continues

There’s oil field work aplenty on the western edge of the Eagle Ford Shale play, but not enough places for workers to live. It’s a simple supply-and-demand equation that should equal more housing, and in a hurry.  More »
(Photo: Flickr, Caston_Corporate)

Duke Energy’s troubles far from over, analysts say

Business experts who follow Duke Energy Corp. say the country’s biggest electric company has months of problems ahead after ousting the Progress Energy CEO who had been long been promised the job as chief of the post-merger giant.  More »