Fuel Fix

In this Aug. 4, 2015 file photo, Gov. Mary Fallin talks with the media after meeting with members of the Coordinating Council on Seismic Activity in Oklahoma City. With both the number and power of earthquakes increasing in Oklahoma, the Republican-controlled Legislature may be ready to take steps aimed at curbing the quakes scientists have linked to the underground disposal of oil and gas wastewater. (AP Photo/Sue Ogrocki, File)

Uptick in quakes could prompt action from Oklahoma lawmakers

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Categories: featured, General
According to the U.S. Geological Survey, Oklahoma this year has already had more than 90 earthquakes of magnitude 3.0 or greater, which is generally when most people start to feel them.

Uptick in quakes could prompt action from Oklahoma lawmakers

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Categories: featured, General
In this Aug. 4, 2015 file photo, Gov. Mary Fallin talks with the media after meeting with members of the Coordinating Council on Seismic Activity in Oklahoma City. With both the number and power of earthquakes increasing in Oklahoma, the Republican-controlled Legislature may be ready to take steps aimed at curbing the quakes scientists have linked to the underground disposal of oil and gas wastewater. (AP Photo/Sue Ogrocki, File)
According to the U.S. Geological Survey, Oklahoma this year has already had more than 90 earthquakes of magnitude 3.0 or greater, which is generally when most people start to feel them.
Motorists refuel at a Mobil gas station in Pittsfield, Mass., where regular gasoline is for sale at $1.99 per gallon, Tuesday Sept. 29, 2015. (Ben Garver/The Berkshire Eagle via AP) BERKSHIRE COURIER OUT, GREAT BARRINGTON RECORD OUT, RURAL INTELLIGENCER OUT, BERKSHIRES OUT; MANDATORY CREDIT

Obama: Cheap gasoline prices drove oil tax decision

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The proposal faces an uphill battle in the Republican-led Congress, which has repeatedly pushed back against the president’s climate change initiatives.
Categories: Crude oil, featured, Gasoline

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Valero to build $700M Gulf Coast petrochemical plant

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Valero Energy Corp. plans to become a major player in the production of petrochemicals by building a $700 million methanol plant at its St. Charles refinery near New Orleans, a spokesman said Thursday.
Categories: Chemicals
(martinluff/Flickr)

Study: Distant quakes can affect oil, gas fields

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The powerful earthquake that rocked Japan in 2011 set off tremors around a West Texas oil field, according to new research that suggests oil and gas drilling operations may make fault zones sensitive to shock waves from distant big quakes.
Categories: Environment, Weather
(AP Photo/Matt Houston, File)

Houston’s top industry is energetic worldwide

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The international energy industry announced $342.1 billion in new projects in the second quarter, a London trade group reports.
Categories: Deals
A member of Greenpeace displays a banner which reads 'Save The Arctic' to a news media helicopter while scaling The Shard, the tallest building in western Europe, on July 11, 2013, in London, England. The six female protesters began their unauthorized ascent of the 310-meter high skyscraper shortly after 4 a.m. with the intention of highlighting the environmental damage caused by drilling for oil in the Arctic by Shell. (Photo by Warrick Page/Getty Images)

Drilling protesters arrested after scaling London’s tallest tower (photos)

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Environmentalists opposed to Arctic oil exploration scaled the tallest building in western Europe Thursday in a day-long climb that drew worldwide attention.
Categories: Arctic, Environment, featured
Chevron hired an investment banker to gauge buyer interest in its Hawaiian operations.
(AP Photo/Lynne Sladky)

Chevron expects weak second quarter as production drops

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Chevron expects a weaker second quarter performance, driven by lower oil prices and lower international oil production for the second quarter, a result of maintenance and turnaround activity, the company said in an interim update issued Thursday morning.
Categories: Crude oil
The sun sets behind a group of pump jacks June 1, 2011, outside of Midland, Texas. (Photo: Brett Coomer/Houston Chronicle)

US energy industry feeling impact of climate change, report says

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A new U.S. Energy Department report highlights the impact of climate change, including prolonged periods of high temperatures and water shortages, on the energy sector.
Categories: Weather
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ConocoPhillips boosts dividend to 69 cents

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ConocoPhillips said Thursday that its board boosted the oil and gas company’s quarterly dividend by 4.5 percent to 69 cents.
Categories: Finance/Earnings
(Photo: Artnow314/Flickr)

Congress tries to turn off lights on bulb mandates

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Texas Republican Michael Burgess just won another round in his fight against federal standards that could force consumers to abandon inefficient incandescent light bulbs for more expensive LED and fluorescent alternatives.
From left to right, Minister-President of the Flemish Government Kris Peeters, Minister of infrastructure and the environment of Netherlands Melanie Schultz van Haegen, Shell Upstream Americas Director Marvin Odum, Flemish Minister of Mobility and Public Works Hilde Crevits, and Netherlands Prime Minister Mark Rutte, talk after a speech at the Pennzoil Place, Tuesday, July 9, 2013, in Houston. The top government officials from the Netherlands and Belgium visited with Shell executives as Shell explained their nations' oil field expertise. (Cody Duty / Houston Chronicle)

Low Countries visitors have high hopes for energy

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A Dutch-Flemish business delegation of more than 100 made a three-day trade visit to Houston this week, hoping to forge stronger business ties and to extend the North American energy revolution to a sometimes-skeptical Europe.
Categories: Europe
Production outside OPEC will expand by 1.3 million barrels a day to 55.9 million a day in 2014, with almost 1 million barrels of the increase coming from North America, according to the report. Daniel Acker/Bloomberg

IEA sees 20-year supply peak outpacing demand in 2014

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Oil supply will outstrip an acceleration in demand growth next year as production outside of OPEC expands at the fastest pace in 20 years, the International Energy Agency predicted.
Categories: Crude oil, Markets
A contractor closes a valve on his tanker truck at a Range Resources hydraulic fracturing operation Pennsylvania. (Keith Srakocic/AP)

Fracking pushes U.S. oil output to highest since 1992

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U.S. oil production jumped last week to the highest level since January 1992, cutting consumption of foreign fuel and putting the U.S. closer to energy independence.
A worker cleans up oil in Mayflower, Ark., on Monday, April 1, 2013, days after a pipeline ruptured and spewed oil over lawns and roadways. (AP Photo/Jeannie Nuss)

Exxon: Report blames Ark. pipeline bust on defects

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ExxonMobil has submitted a report to federal regulators on a pipeline rupture that dumped an estimated 150,000 gallons of crude oil in a Mayflower neighborhood but the contents of the report are being kept under wraps.
Categories: Accidents, Pipelines