Midsize oil producers with solid track records in the Eagle Ford Shale will find it easier to borrow money, an expert said Monday at a series of seminars sponsored by the Texas Alliance of Energy Producers. More »
Gov. Sean Parnell’s goal of nearly doubling the flow of oil through the trans-Alaska pipeline could be achieved over the next 10 to 15 years — but not without major fiscal and policy changes, a consultant said.
Iran might respond to sanctions with low-level provocation such as slowing shipping through the Strait of Hormuz, keeping oil prices at “their currently high level,” according to three Standard & Poor’s reports. More »
Chevron Corp. (CVX)’s Kazakh oil venture plans to spend $5 billion to $6 billion in the next five years drilling at Tengiz, the Central Asian country’s biggest producing field,to sustain output. More »
Falling prices for lithium-ion batteries will make power-storage systems competitive with natural gas as a source of electricity during periods of high demand by 2016, according to the chief executive officer of A123 Systems Inc. More »
Congressional Republicans will move to get legislation approving the Keystone XL pipeline through the House and Senate by using surface-transportation bills that both chambers are taking up this week. The House version of the transportation bill also contains provisions expanding oil-and-gas drilling. More »
Environmental activists are staging a 24-hour campaign to send 500,000 messages to senators urging them to oppose legislation approving the Keystone XL pipeline that could come up for a vote in the Senate this week. More »
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