Fuel Fix

(Photographer: Eddie Seal, Bloomberg)

Magnum Hunter shares could be de-listed, NYSE says

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A punishing summer oil slump sent Magnum Hunter Resources Corp.’s shares below $1 apiece last month as it reported its crude and natural gas revenues in the second quarter came in sharply lower than last year, when oil was trading around $100 a barrel.

Magnum Hunter shares could be de-listed, NYSE says

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(Photographer: Eddie Seal, Bloomberg)
A punishing summer oil slump sent Magnum Hunter Resources Corp.’s shares below $1 apiece last month as it reported its crude and natural gas revenues in the second quarter came in sharply lower than last year, when oil was trading around $100 a barrel.
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These are the experts drawing battle lines over oil exports

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The cast of experts weighing in on the issue includes former Obama administration officials and military veterans.
(Bill Montgomery/Houston Chronicle)

Fire reported at Connecticut power plant

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Firefighters in Connecticut are responding to a blaze at a power plant where an explosion in 2010 killed six people and injured several dozen others.
Categories: Accidents, Electricity
Total headquarters outside Paris. (AP file photo/Jacques Brinon)

Total reports sharply lower 4th quarter earnings

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French oil company Total SA says its earnings slid nearly 30 percent in the fourth quarter as oil prices stagnated under $110 a barrel and production slipped into reverse.
Categories: Finance/Earnings
Delegates to the Arctic Technology Conference walk out of the trade show at the George R. Brown Convention Center Tuesday, Dec. 4, 2012, in Houston. (Brett Coomer / Houston Chronicle)

Firms hope to cash in on Arctic energy promise (photos)

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The Arctic Technology Conference is underway in downtown Houston, bringing together executives and scientists who are leading energy exploration in the icy frontier region. The conference runs through Wednesday..
Categories: Arctic
The living wall is the centerpiece in the lobby of Newpark Drilling Fluids' new technology center in Katy.  ( Mayra Beltran / Houston Chronicle )

Newpark selling waste unit for $100 million

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Newpark Resources says it wants to focus on its core business activities that include drilling fluids and mats.
A Chesapeake Energy storage tank near Dilley, Texas. (Pat Sullivan/AP)

Chesapeake’s new financial approach pays off in debt market

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Chesapeake Energy’s new financial discipline has shareholders worried about energy production declines but has pleased bondholders with stricter spending levels.
Categories: Natural gas
Sen. Mary Landrieu, D-La., speaks at a Capitol Hill rally for Keystone XL earlier this year. (Mandel Ngan/Getty)

Oil industry ally takes Senate committee helm

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Sen. Mary Landrieu takes over the chairmanship of the Energy and Natural Resources Committee, giving the Louisiana Democrat a boost in her reelection campaign and putting an oil industry ally in a powerful Senate role.
Categories: People, Politics/Policy
(Douglas C. Pizac/AP)

Huntsman results top Wall Street expectations

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Huntsman returned to a profit in its fourth quarter.