Fuel Fix

(ALEXANDER KLEIN/AFP/Getty Images

OPEC split on need for long-term oil-price forecasts

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The disagreement reflects internal divisions over whether OPEC policy should focus on prices or the stability of the oil market.

OPEC split on need for long-term oil-price forecasts

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(ALEXANDER KLEIN/AFP/Getty Images
The disagreement reflects internal divisions over whether OPEC policy should focus on prices or the stability of the oil market.
Ryan Lance, ConocoPhillips CEO, speaks during the opening panel discussion of the 2015 IHS Energy CERAWEEK. (Brett Coomer/Houston Chronicle)

ConocoPhillips to cut 10 percent of global workforce

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ConocoPhillips said Tuesday it is planning to cut roughly 1,800 employees, or 10 percent of its global workforce, in the next several weeks as it deals with low oil prices.

(ROBERT GILHOOLY/BLOOMBERG NEWS)

Natural gas wagers jump on tumbling supplies

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Hedge funds increased bullish bets on natural gas for the fifth time in six weeks as arctic weather stoked demand for the heating fuel, depleting stockpiles and sending prices to a five-year high.
Categories: Natural gas
A ship sits docked along the Houston Ship Channel in Houston on Jan. 30, 2014. (Scott Dalton/Bloomberg)

Massive oil ships play ‘chicken’ in the Houston Channel

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All along this 52-mile (84-kilometer) shipping lane, there are signs of the energy resurgence that BP Plc says might enable the U.S. to meet all its own needs by 2035.
Categories: featured, Markets
Last Mile - Final fueling

More work needed to stop flaring gas, officials say

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Energy companies are making strides in capturing the natural gas that flows out of North Dakota oil wells but still have a long way to go to stop burning off the fossil fuel, governors and business executives said Monday.
A crewman directs a pipe for the southern leg of TransCanada's Keystone XL project in Wood County, Texas. The northern leg has not yet received approval from the Obama administration. (Cody Duty / Houston Chronicle)

Keystone’s future in hands of Nebraska’s new pipeline regulator

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A Nebraska agency faulted over campaign donations from regulated companies may soon decide the fate of Keystone XL, its first review of an oil pipeline.
(AP file photo/John McConnico)

Arctic oil still seen decades off as producers balk at costs

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The Arctic holds 30 percent of the world’s undiscovered natural gas reserves and 13 percent of its undiscovered oil, according to U.S. Geological Survey estimates. Still, exploration of the Arctic ocean floor, where 84 percent of these resources are thought to be trapped, has suffered setbacks in recent years.
Categories: Arctic
Oil prices pulled back Wednesday after reaching highs for 2015 on Tuesday.

Oil edges down but underpinned by US cold weather

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The price of oil eased toward $102 a barrel Monday, taking a pause in a six-week rally that has been supported by U.S. demand for heating oil amid prolonged cold weather.
Categories: Crude oil, Markets

The Death Knell for Climate Change Orthodoxy?

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In the short space of less than two weeks, there have been several  climate change actions that might be signs bordering on desperation.  First, Secretary of State John Kerry stated that climate change was like a weapon of mass destruction.  And then, President Obama announced plans for additional heavy-duty vehicle fuel efficiency and greenhouse gas […]
Categories: General