Fuel Fix

Ryan Lance, ConocoPhillips CEO, speaks during the opening panel discussion of the 2015 IHS Energy CERAWEEK. (Brett Coomer/Houston Chronicle)

Top energy bosses buck trend of falling executive pay

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The 10 highest-paid executives in Houston last year all work in the energy industry and, despite domestic oil’s long and lingering swoon that began last summer, seven of them made more money than they did in high-flying 2013.
(Photographer: Eddie Seal, Bloomberg)

Return to drilling sends rig count up by 21

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Categories: Crude oil, featured

Top energy bosses buck trend of falling executive pay

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Ryan Lance, ConocoPhillips CEO, speaks during the opening panel discussion of the 2015 IHS Energy CERAWEEK. (Brett Coomer/Houston Chronicle)
The 10 highest-paid executives in Houston last year all work in the energy industry and, despite domestic oil’s long and lingering swoon that began last summer, seven of them made more money than they did in high-flying 2013.
(Photographer: Eddie Seal, Bloomberg)

Return to drilling sends rig count up by 21

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U.S. drillers put more oil rigs to work this week than they have since last April, according to Friday’s Baker Hughes rig count.
Categories: Crude oil, featured
Sen. John Hoeven, R-N.D., speaks about Keystone XL during a news conference on Capitol Hill, while Sen. Mary Landrieu, D-La., Canadian Amb. Gary Doer and American Petroleum Institute President Jack Gerard look on. (AP Photo/Charles Dharapak)

Lawmakers consider setting deadline for Obama’s Keystone XL decision

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A bipartisan coalition of House and Senate members on Tuesday said they are considering an array of options to speed up a final verdict on the proposed Keystone XL pipeline, now that a State Department analysis raised no major environmental objections to the controversial project.
A fireball goes up at the site of an oil train derailment Monday, Dec 30, 2013, in Casselton, N.D. The train carrying crude oil derailed near Casselton Monday afternoon. Several explosions were reported as some cars on the mile-long train caught fire. (AP Photo/Bruce Crummy)

Feds: Oil from Dakota fields improperly classified

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“The fines we are proposing today should send a message to everyone involved in the shipment of crude oil: You must test and classify this material properly,” Transportation Secretary Anthony Foxx said.

Categories: Rail, Safety/Security

Ken Salazar, then Interior Secretary, in his Washington office in April, 2013. (AP Photo/Charles Dharapak)

Former Interior chief to open NAPE with insights on fracking

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Salazar is set to speak at the North American Prospect Expo, a conference marked by a frenzy of wheeling and dealing, as landowners from around the globe look to make deals with oil, gas and pipeline companies.
(Photo: Fotolia)

Oil price rises as U.S. stocks stabilize

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Benchmark U.S. crude for March delivery was up 76 cents to close at $97.19 a barrel.
Luminant's Big Brown coal power plant (AP photo)

Luminant restarts power units early as natural gas prices rise

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Luminant is bringing three coal-fired power units back online two months earlier than originally planned, saying higher natural gas prices now make the plants economic to run.
Categories: Electricity
Shell's Olympus platform (Shell)

Deep-water giant begins production in Gulf of Mexico field (photos)

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Royal Dutch Shell said Tuesday it had started production from its Olympus platform, the first of several new platforms expected to push oil production in the Gulf of Mexico to a record level by 2016.
Categories: Gulf of Mexico, Offshore
A Canadian Pacific Railway Ltd. train transporting oil leaves Hardisty, Alberta, Canada. (Brett Gundlock/Bloomberg)

Canadian group pitches Alaska rail line for oil sands

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A Vancouver-based group is proposing a 1,600-mile railroad to transport bitumen from Alberta’s tar sands to Delta Junction, where the project’s creators hope to tap into TAPS, the Trans-Alaska Pipeline System.
Categories: Arctic, Rail