Fuel Fix

(ALEXANDER KLEIN/AFP/Getty Images

OPEC seen backing Saudi Arabia’s plan to keep supplies elevated

on
Crude plunged for eight of nine weeks prior to the group’s November gathering, when the kingdom faced down opposition from the majority of fellow members, who advocated output reductions to tackle a global glut.

OPEC seen backing Saudi Arabia’s plan to keep supplies elevated

on
(ALEXANDER KLEIN/AFP/Getty Images
Crude plunged for eight of nine weeks prior to the group’s November gathering, when the kingdom faced down opposition from the majority of fellow members, who advocated output reductions to tackle a global glut.
Chevron's massive deep water offshore platform is headed to the Gulf of Mexico where it is expected to begin production this year. (Chevron)

Exxon, Chevron clear to bid on Mexican shallow-water blocks

on
Mexico forecasts that the opening of the energy industry will bring in $62.5 billion in private investment by 2018 and increase its annual oil output by 500,000 barrels a day in that time.

U.S. Department of the Interior  logo

Northeast Nevada eyed for more oil exploration

on
Noble Energy officials say it may be as far as a decade away, but they’re confident they’ll be drilling for oil in northeast Nevada.
Categories: Exploration
Mexican lawmakers have passed legislation that will end a 75-year state monopoly on the energy industry.

Mexican energy plan would attract overseas investment

on
The Mexican energy reform proposal released Saturday afternoon offers the critical terms sought by international investors, offering overseas companies the right to share in risks and rewards of Mexican exploration, an analyst said Sunday.

Ethane-molecule

Proposed ethane cracker faces tough review

on
A proposed ethane cracker plant in Wood County likely would have to comply with a state regulation aimed at limiting greenhouse gas emissions from major industrial facilities.
Categories: Chemicals, Environment
(Photo: Loozrboy/Flickr)

Environmentalists, unions seek to fix gas leaks

on
Unions and environmentalists unite in call to fix leaky old pipelines that threaten public health and the environment, a national effort that could cost $82 billion.
Categories: Environment, Natural gas
Oil Barrel

Oil near $98 as US economy shows improvement

on
The price of oil inched toward $98 a barrel Monday after stronger U.S. hiring suggested demand for crude could increase.
Categories: Crude oil, Markets
Jeff Labay an oil and gas auditor and CPA at MaloneBailey who began his career on the oil field poses for a portrait outside his office, Wednesday, Dec. 4, 2013, in Houston. ( Michael Paulsen / Houston Chronicle )

Work on rig helps auditor drill into company books

on
Many accountants would get lost in the plush garden of oil and gas acronyms, insider terminology and generally obscure language.
So would Jeff Labay — if his father hadn’t scooped him up more than a decade ago for a gig as a floor hand on an oil rig.
Categories: Finance/Earnings, People
Cheniere Energy already is expanding this LNG plant in Louisiana, but federal agencies are in conflict over plans for a Texas facility. (Cheniere Energy)

A head start lets Cheniere catch up

on
Before Cheniere Energy became the darling of the energy industry — the company with the inside track to exporting America’s natural gas — there was failure.
Categories: featured, LNG, Markets, Premium