Fuel Fix

EOG Resources CEO Bill Thomas at EOG's offices in downtown Houston Thursday Sept. 25, 2014. (Billy Smith II  / Chronicle)

EOG sells pair of Canadian assets for $410 million

EOG Resources sold assets in Manitoba and Alberta in a pair of deals that earned a combined $410 million for the Houston-based exploration and production company.  More »
(AFP PHOTO / ALEXANDER KLEIN/Getty Images)

Kuwait sees oil stuck at $65 for six months until OPEC moves

OPEC decided on Nov. 27 to maintain its output target, prompting a drop in European benchmark Brent crude to less than $70 a barrel for the first time since May 2010.  More »
A fireball goes up at the site of an oil train derailment in Casselton, N.D. (AP Photo/Bruce Crummy, File)

North Dakota regulators to vote on oil shipment rules

Oil industry officials have said the state already has proper regulations in place.  More »

(AP Photo/Matthew Brown)

Crude rebounds from five-year low

Crude is trading in a bear market as the highest U.S. production in three decades exacerbates a global glut.  More »
A rig hand removes drill pipe from a natural gas well in Washington Township, Pennsylvania. (Ty Wright/Bloomberg)

Study ties outsize methane emissions to some oilfield equipment

New research suggests two major oil sector sources of methane emissions are techniques to dislodge fluid from wells and the pneumatic devices used to control valves at the sites.  More »
Lamar students demonstrate their robot during the 8th Pipes and Pumps conference at Houston Methodist Research Institute on Monday, Dec. 8, 2014, in Houston. The annual conference highlights crossover technologies between the medical, oil and gas, and space industries. ( Brett Coomer / Houston Chronicle )

At Pumps & Pipes, energy, medicine and space industries come together

More than 200 people in Houston on Monday to get a sneak peek at the robots, imaging tools and other technological developments – some still in prototype – that have the potential to crack the perennial conundrums affecting all three sectors: How do you see inside the smallest of spaces without being obtrusive? Develop robots that can venture into places where humans can’t go?  More »
FRANCE-ECONOMY-ENERGY-OIL-FUEL-GAS-AUTO-FILES

Global gasoline prices don’t look the same as in the U.S.

Weak global demand and a flood of cheap oil from North American producers are sending the price of gasoline plummeting, but the savings won’t look the same around the globe as they do in the U.S.  More »
Dave Hager will replace John Richels as Devon Energy CEO in 2015. (Devon Energy)

Devon Energy CEO to retire next year

Devon Energy Corp. CEO John Richels, 63, will retire next year and likely be replaced by chief operating officer David Hager, the company announced.  More »
The drillship Noble Discoverer undergoes sea trials off Singapore in November 2014, following shipyard work and upgrades. Those improvements included a new main propulsion system, environmental controls and enhancements to the drilling systems. (Photo: Noble Corp.)

Noble pleads guilty to violations involving Arctic drillship

Noble Corp. pleaded guilty Monday to eight criminal charges tied to pollution, propulsion and record keeping problems with the two drilling rigs that bored Arctic oil wells for Shell in 2012.  More »
Princeton University researchers sampled methane  from this abandoned well in Pennsylvania. (Photo: Mary Kang)

Study finds ‘significant’ methane leaking from abandoned wells

As the Obama administration nears a decision on whether — and how — to clamp down on methane leaking from active oil and gas operations, new research suggests abandoned wells may be a significant source of the potent greenhouse gas.  More »
(Cody Duty / Houston Chronicle)

Kinder Morgan to invest $150M in Freeport LNG pipelines

The deal calls for adding 1 billion cubic feet per day of capacity to KMI’s intrastate system.  More »
(Eddie Seal/Bloomberg)

Oil plunges to 5-year low

Both Brent and WTI tumbled 18 percent in November as OPEC decided to maintain its 30 million-barrel-a-day output target.  More »
(AP Photo/Sue Ogrocki, File)

Oil prices may delay Oklahoma income tax cut

A law signed in April by Gov. Mary Fallin requires for the cut to take effect an increase in state revenue, provided in part by tax collections that rise and fall with oil prices.  More »
(AP Photo/Ed Andrieski, File)

Report: Energy efficiency could cost U.S. utilities $48 billion

Two trends in the power sector — the expansion of distributed generation and advances in energy efficiency — could cost U.S. utilities up to $48 billion annually by 2025, according to a new report.  More »
CheapGas

Cheap gas likely to spur greater truck sales

The pitch for alternative fuel vehicles has become a lot more difficult.  More »
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