Fuel Fix

(Andrew Burton/Getty Images)

IEA: Oil glut could still grow in second half of 2016

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The 13-member OPEC raised its daily output by 280,000 barrels in January as Saudi Arabia, Iran and Iraq bolstered production.

IEA: Oil glut could still grow in second half of 2016

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(Andrew Burton/Getty Images)
The 13-member OPEC raised its daily output by 280,000 barrels in January as Saudi Arabia, Iran and Iraq bolstered production.
A Chesapeake Energy storage tank near Dilley, Texas. (Pat Sullivan/AP)

Chesapeake Energy rebounds after denying bankruptcy plans

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The Oklahoma City oil and gas producer has some $11.6 billion in debt and a $500 million note due next month, according to regulatory filings.

Offshore oil drilling platform 'Gail' operated by Venoco, Inc., is shown off the coast of Santa Barbara, Calif. (AP Photo/Chris Carlson)

Oil companies used fracturing in coastal waters off Calif.

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Companies prospecting for oil off California’s coast have used hydraulic fracturing on at least a dozen occasions to force open cracks beneath the seabed, and now regulators are investigating whether the practice should require a separate permit and be subject to stricter environmental review.

Drumbeat: August 3, 2013

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A Republican Case for Climate Action by William D. Ruckelshaus, Lee M. Thomas,William K. Reilly, and Christine Todd Whitman
EACH of us took turns over the past 43 years running the Environmental Protection Agency. We served Republican presidents, but w…
Categories: Uncategorized
Source: U.S. Energy Information Administration

Report: Egypt unrest not affecting oil shipments through Suez Canal

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Egypt plays a key role in international energy markets by operating the Suez Canal and Suez-Mediterranean, or Sumed, Pipeline.
The Deepwater Horizon oil rig burns after an explosion in the Gulf of Mexico in 2010. (AP Photo/Gerald Herbert, File)

BP says loss on spill appeal could scuttle settlement

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The oil company is appealing a ruling by U.S. District Judge Carl Barbier.
Categories: Gulf oil spill
Smoke rises from railway cars that were carrying crude oil after derailing in downtown Lac Megantic, Quebec, Canada. The fiery explosion killed at least 47 people in Canada in July 2013. (AP Photo/The Canadian Press, Paul Chiasson, File)

In wake of Canadian disaster, US issues emergency rules for trains

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In the wake of a deadly train accident in Canada, the U.S. Federal Railroad Administration has issued a series of measures to be undertaken by all railroads to help prevent trains operating on mainline tracks or sidings from moving unintentionally.
handshake  behind a corporative building.Great for any design.

Houston maritime lawyers join new firm

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All eight lawyers who work at Bell, Ryniker & Letourneau in Houston have joined the Philadelphia-based law firm of Blank Rome.
Categories: Deals, Legal issues, Offshore
A thick cloud of fog and morning light engulfs wind turbines at the BP Sherbino Mesa II Wind Farm in Fort Stockton. ( Michael Paulsen / Houston Chronicle )

BP drops plan to sell wind farms

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BP has dropped its plan to sell its U.S. wind business, nearly four months after the British energy giant announced it wanted to focus on oil and gas operations.
Categories: Wind
(AP Photo/Jason DeCrow)

Athlon Energy shares soar in IPO

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The Fort Worth-based oil and natural gas company raised $315.8 million.
Categories: Finance/Earnings
(Photo: Gveret Tered))

Commentary: Considering the conundrum in China

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The key takeaway is that China is willing to accept a slowdown in the near term, dealing with its growing pains and promoting structural reform rather than trying to stimulate its way out of its current predicament.
Categories: Asia, Electricity
The sun peeks through trees at Armand Bayou Nature Center. (Nick de la Torre/Houston Chronicle)

The Nature Center’s green; so is its electricity

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Renewable electricity retailer Green Mountain Energy has donated additional solar panels to an array that helps power Armand Bayou Nature Center south of Houston.
Categories: General
(Helge Hansen / Statoil)

Energy rigs in U.S. cap longest streak of gains in two years

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Rigs targeting oil and natural gas in the U.S. gained for the fifth straight week to the highest level this year as producers boosted natural-gas plays in the Marcellus Shale formation on the East Coast.
Categories: Crude oil, Natural gas
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Blackhawk Speciality Tools attracts Bain Capital’s interest

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Blackhawk Specialty Tools, which provides specialty equipment and services to the oil and gas industry, said this week it finished a recapitalization that was led by an affiliate of Bain Capital and in partnership with the management team.