Fuel Fix

(AP file photo/Reed Saxon)

Profits from Occidental spinoff fall in third quarter

Occidental Petroleum Corp. said profit from the California oil producer it’s spinning off to shareholders next month fell in the third quarter as crude prices slid and production costs increased.  More »
Richard Kinder, left, with wife Nancy (Craig H. Hartley/For the Chronicle)

Kinder Morgan sets vote on merger for November

The $44 billion transaction will be the second largest energy merger in U.S. history.  More »
(AP Photo/Mark Lennihan)

FERC highlights New England gas markets as winter approaches

As the country heads toward winter, an analysis by Federal Energy Regulatory Commission warned that infrastructure constraints in New England could send the region’s natural gas prices soaring from recent lows to among the highest in the world for a second year.  More »
(Liz Hafalia/The San Francisco Chronicle)

California fracking fight draws big money

Several oil companies have spent millions fighting measures in two California counties that would ban hydraulic fracturing.  More »
(AFP PHOTO / ALEXANDER KLEIN/Getty Images)

Libya says OPEC must cut daily output

OPEC needs to reduce crude output by at least 500,000 barrels a day, Libya’s governor to the group said.  More »
(Nabors photo)

Markets for advanced rigs rising, Nabors CEO says

Rising prices for the Bermuda rig contractor’s most advanced machines are helping Nabors crank out more of them for operators in U.S. shale plays.  More »
Photo:  www.forbes.com

Commentary: Career growth means embracing change

In the year and a half I have been doing this column, I have dispensed A LOT of career advice both in my weekly pieces as well as personal emails with readers, so securing this newest opportunity was enlightening: I was on the “other” side!  More »
Wilbur L. Ross, Jr., chairman and chief executive officer of W.L. Ross & Co. LLC and IAC. (Jeff Kowalsky/Bloomberg News)

Wilbur Ross sees profits for Texas shale as Venezuela struggles

Wilbur Ross, the investor who’s made billions betting on on-out-favor industries, is bullish on Texas oil after its recent tumble.  More »
(Andrey Rudakov/Bloomberg)

New Mexico audit finds $3 million in uncollected Apache royalties

Land Commissioner Ray Powell says the assessment of Apache Corp.’s production in Lea County turned up royalties going back to January 2009.  More »
(Sam Hodgson/Bloomberg)

Commentary: Solar to be leading source of electricity by 2050?

Schneider Electric’s CMO, Chris Hummel, pondered whether the IEA’s claim that solar energy could be the leading source of electricity by 2050 was achievable. Matt Smith’s initial reaction was hum-dee-dum…not a chance! Then he thought about it and grabbed his research shovel and started digging.  More »
photo via Royal Dutch Shell

Shell makes deepwater gas discovery in Gabon

Royal Dutch Shell today announced a discover off the coast of Gabon but says it will need to conduct further analysis to determine just go much gas is present.  More »
John Gremp is chairman and CEO of FMC Technologies.

Oil firms reach for subsea standards to cut costs, FMC CEO says

The next generation of tools designed to help energy companies process oil and gas deep under the oceans could follow uniform industry designs, FMC Technologies CEO John Gremp said.  More »
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