Fuel Fix

Chevron's massive deep water offshore platform is headed to the Gulf of Mexico where it is expected to begin production this year. (Chevron)

Exxon, Chevron clear to bid on Mexican shallow-water blocks

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Mexico forecasts that the opening of the energy industry will bring in $62.5 billion in private investment by 2018 and increase its annual oil output by 500,000 barrels a day in that time.

Exxon, Chevron clear to bid on Mexican shallow-water blocks

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Chevron's massive deep water offshore platform is headed to the Gulf of Mexico where it is expected to begin production this year. (Chevron)
Mexico forecasts that the opening of the energy industry will bring in $62.5 billion in private investment by 2018 and increase its annual oil output by 500,000 barrels a day in that time.
FILE - This Oct. 11, 2013 file photo shows cleanup at the site of an oil pipeline leak and spill near Tioga, N.D. (AP Photo/Kevin Cederstrom, File)

Cleanup of oil spill at ND farm to take 2 more years

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“It’s now just become part of our lives,” Patty Jensen said of the massive spill from a Tesoro Corp. pipeline that was discovered in September 2013 by her husband.

A drilling crew punctured a gas pipeline in Milford, Texas on Thursday, Nov. 14, 2013, which led emergency personnel to evacuate a nearby town, according to the Ellis County Sheriff's Office. (AP Photo/The Dallas Morning News, Nathan Hunsinger)

Some allowed home after Texas pipeline explosion

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Hundreds of residents evacuated from a Texas town after a Chevron pipeline explosion await returning home as the fire burns itself out.
Categories: Accidents, Pipelines
Plumes of water vapor emit from the Tennessee Valley Authority Paradise Fossil Plant in Paradise, Kentucky on Aug. 13, 2013. The plant generates and delivers 14 billion kilowatt-hours of coal-fired electricity per year to Western Kentucky and Nashville, Tennessee. (Luke Sharrett/Bloomberg)

Tennessee Valley Authority defies McConnell with coal cut

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The Tennessee Valley Authority said it will cut its use of coal-fired electrical generation by about half of current levels, shuttering some units and converting others to burn natural gas to meet tighter emission-control regulations.
Categories: Coal

Phil McNabb of Oceaneering International shows off the WASP Atmospheric Diving System during the Offshore Technology Conference at Reliant Center in 2002. (Melissa Phillip/Chronicle)

Oceaneering International plans Virginia expansion

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A company that provides products and services to the offshore oil and gas industry plans to expand its presence in Chesapeake, creating 70 jobs and retaining more than 460.
Oil Barrel

Oil rises toward $94 as Yellen defends stimulus

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The price of oil rose toward $94 a barrel Friday after incoming Federal Reserve chief Janet Yellen indicated that economic stimulus will remain in place pending further improvement in the U.S. economy.
Categories: Crude oil
Warren Buffett, chairman and CEO of Berkshire Hathaway Inc. (Photo: Andrew Harrer/Bloomberg)

Berkshire Hathaway juggles oil stocks in third quarter

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The size of the Exxon Mobil investment suggests it was Warren Buffett’s decision.
Categories: Finance/Earnings

Clean Energy, UPS deal means a natural gas station for San Antonio

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An agreement between Clean Energy Fuels Corp. and UPS means that San Antonio will get a fueling station for natural gas. San Antonio is the largest city in Texas without a place for natural gas trucks and cars to fuel. Clean Energy and UPS announced they have signed a liquefied natural gas agreement that includes 
Categories: Uncategorized
A Petrohawk Energy Co. drilling site at the Eagle Ford Shale in McMullen County. (Jake Lacey)

Texas rig snapshot: Permian, EagleFord, Granite Wash and more

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There are 834 drilling rigs hunting oil and gas in Texas - 47.5 percent of U.S. rigs and 24 percent of drilling rigs worldwide, according to the latest Baker Hughes Rig Count. Most of the Texas rigs are working in five major fields.