Fuel Fix

ONGC to study Conoco’s U.S. shale assets as it seeks deal

Oil & Natural Gas Corp. (ONGC), India’s biggest energy explorer, will soon study investing in ConocoPhillips’s U.S. shale-gas assets and expects to strike a substantial deal, Chairman Sudhir Vasudeva said.  More »
A Devon Energy flex-drilling rig in the Barnett Shale (Kevin Fujii/Houston Chronicle file photo)

Devon raises spending, may seek partner for Cline Field

Devon Energy Corp. (DVN), the third- largest U.S. independent oil and natural-gas producer, raised planned exploration and production spending 18 percent to as much as $6.5 billion this year, including projects in which it may sell a stake.  More »
Drivers test out the Nissan Leaf electric car at the 2010 Los Angeles Auto Show (AP file photo/Damian Dovarganes)

Electric vehicle demand recharged by gas prices

Just when it looked like electric cars were running out of juice, the return of $4 a gallon gasoline is generating new life for battery-powered vehicles.  More »
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Earns Chrysler

Gas mileage top factor in Ram pickup revamp

With gasoline around $4 in much of the nation, fuel economy has never been more important to pickup truck buyers. That’s why engineers who worked on revamping Chrysler’s Ram put it at the forefront of their work.  More »
A drilling rig aims for oil in the Bakken Shale near Watford City, N.D. (AP Photo/James MacPherson)

Future of proposed oil patch facilities uncertain

Opponents of an Oklahoma company’s plans to build an oil waste facility near the southwest North Dakota town of Belfield have submitted petitions asking Stark County officials to reconsider approval.  More »
Workers in protective suits and masks wait to enter the emergency operation center at the crippled Fukushima Dai-ichi nuclear power station in Okuma, Japan in 2011. (AP Photo/David Guttenfelder, Pool)

Japan nuke plant leaks radioactive water again

The operator of Japan’s tsunami-hit nuclear plant says tons of highly radioactive water appears to have leaked into the ocean from a purification unit.  More »
Royalties from oil production on state lands is pushing Texas' Permanent University Fund toward a record $1 billion in annual revenue. (AP Photo/Hasan Jamali)

Oil rises above $102 in Asia after sell-off

Oil prices rose above $102 a barrel Thursday in Asia, rebounding from a two-day sell-off fueled by a jump in U.S. crude supplies and speculation the Federal Reserve won’t implement another round of monetary stimulus to boost economic growth.  More »

Exxon Mobil must allow vote on fracturing disclosure

The Securities and Exchange Commission has turned down a request from Exxon Mobil Corp. to omit a resolution on hydraulic fracturing disclosures from its proxy statement, opening the door for a vote on the proposal at the company’s annual shareholder meeting May 30. “We are unable to concur in your view that Exxon Mobil may […]  More »
(Photo: Julien Tromeur, Flickr)

Oil drops below $102 on big U.S. supply increase

The decline coincided with a sell-off in U.S. stock markets.  More »
( Kevin Fujii / Chronicle )

Decision expected on pipeline changes

The state could decide this week whether to give TransCanada Corp. permission to shift its attention to a liquefied natural gas project, capable of overseas exports.  More »
Anadarko headquarters in  The Woodlands.

Anadarko, Cove to explore in Mozambique after gas find

Anadarko Petroleum Corp. (APC) and Cove Energy Plc (COV) will turn their attention to the northern waters of Mozambique after finding as much as 30 trillion cubic feet of gas off the coast of the East African nation to date.  More »

Happy at your workplace? Tell Houston all about it

Proud of your workplace? Inspired by your employer’s extra efforts to make you feel appreciated? Believe your company deserves some notice?  More »
Steam rises from stacks at the ConocoPhillips refinery  in Rodeo, Calif. (Justin Sullivan/Getty Images)

Mine union boss says coal industry will suffer same fate as bin Laden

The head of a major mining union compared the recent unveiling of the nation’s first-ever greenhouse-gas standards for new power plants to the U.S. killing Osama bin Laden.  More »
Employees of National Oilwell Varco demonstrate the workings of an oil rig at their Galena Park yard on the Houston Ship Channel where they outfit rigs for land and sea. Photographed April 28, 2008 in Galena Park. ( Eric Kayne / Chronicle )

National Oilwell completes deal for NKT Flexibles

National-Oilwell Varco, Inc. said Wednesday it has completed its $670 million acquisition of a Danish pipe product maker.  More »
(AP file photo/David J. Phillip)

Settlement Dynegy subsidiary bankruptcy case

Utility company Dynegy Inc. says it reached an agreement with creditors that will let the company move forward with bankruptcy proceedings for a subsidiary.  More »