Fuel Fix

Chevron hired an investment banker to gauge buyer interest in its Hawaiian operations.
(AP Photo/Lynne Sladky)

Chevron warns on 4Q profit

Chevron said its fourth-quarter profit will be “significantly” lower than the third-quarter results, partly because of weaker profit margins on refining and marketing. The oil giant said Wednesday that its usually profitable refining and marketing business will roughly break even. Refinery volumes were weak, the company said.  More »
Dust permeates the air at a Chesapeake Energy Co. hydraulic fracturing operation at a well site near Carrizo Springs, Texas. (John Davenport/San Antonio Express News)

Natural gas falls to lowest price in a decade

In many parts of the U.S., thermostats haven’t been turned up as much this year.  More »
Workers move a section of well casing into place at a Chesapeake Energy natural gas well site near Burlington, Pa. (AP Photo/Ralph Wilson, File)

Labor shortage continues to plague expanding energy industry

Recruiting from the shipbuilding, military and construction industries is the best way for the oil and gas industry to overcome the lack of skilled workers, according to recruitment firm NES Global Talent.  More »

(Photo: chipgriffin, Flickr)

New energy company makes S.A. its home

Forge Energy LLC, a recently formed oil and gas exploration and production company, has decided to make San Antonio its headquarters.  More »
(AP Photo/Keith Srakocic)

Super fracking goes deeper to pump up production

As regulators and environmentalists study whether hydraulic fracturing can damage the environment, industry scientists are studying ways to create longer, deeper cracks in the earth to release more oil and natural gas.  More »
(Image: Flickr/pawpaw67)

EPA: Power plants main global warming culprits

The most detailed data yet on emissions of heat-trapping gases show that U.S. power plants are responsible for the bulk of the pollution blamed for global warming.  More »
(AP file photo/Paul Sakuma)

Senators ask Shell to build chemical plant in Pa.

U.S. Sen. Bob Casey on Wednesday wrote to a Shell executive in hopes of persuading the oil and gas giant to choose a Pennsylvania site to build a huge new chemical plant that could mean thousands of new jobs and millions of tax dollars for the state.  More »
The existing Keystone oil pipeline is constructed in North Dakota.   (Photo courtesy of TransCanada)

TransCanada: New route for pipeline nearly done

An executive with a Canadian company attempting to build a $7 billion pipeline to carry oil from Canada to refineries along the Gulf Coast says a new route is being mapped “that everyone will agree on.”  More »
Jack  Gerard, CEO American Petroleum Institute during an editorial board interview on Wednesday, April 21, 2010, in Houston. (James Nielsen/Houston Chronicle)

API debuts TV ad pressing Obama on Keystone XL

American Petroleum Institute President Jack Gerard had said the group would make TransCanada Corp.’s proposed 1,700-mile oil-sands pipeline, from Alberta to southeastern Texas refineries, a part of its election-year campaigning.  More »
A unicyclist rides pass a gasoline pricing sign in Portland, Ore. (AP Photo/Rick Bowmer)

Former Shell executive says signs point to $5 gas

The former president of Shell Oil said today $5-a-gallon gas is inevitable unless the U.S. economy slows, forcing rising gasoline prices down.  More »
A contractor closes a valve on his tanker truck at a Range Resources hydraulic fracturing operation Pennsylvania. (Keith Srakocic/AP)

Exploration investment on the rise for 2012

Exploration and production investment in the United States is expected to grow 11 percent in 2012, driven by opportunities for horizontal drilling for oil and gas in the shales.  More »
A drilling rig stands over a natural gas well near Interstate 70 west of Rifle, Colo. (AP Photo/David Zalubowski)

Financial chiefs plan increased spending on shale in 2012

A survey of CFOs found that shale and other unconventional oil and gas fields are likely to attract more money and acquisitions this year. But opposition to hydraulic fracturing is seen as a threat to growth.  More »
(Photo: Marcellus Protest/Flickr)

Fracking ban unlikely in Colorado

A panel of experts says Colorado cities cannot ban hydraulic fracturing for oil and gas drillers, but there are other ways to ensure the drilling will be done safely.  More »

ConocoPhillips names new investor relations chiefs

ConocoPhillips on Wednesday named new investor relations directors for the companies that will be formed from its planned split this year.  More »
(AP file photo/Marco Garci)

Tesoro plans to sell its Hawaii refinery

San Antonio-based refiner Tesoro Corp. said Tuesday that it plans to put its Hawaii operations on the auction block, including its Kapolei refinery, 32 retail stations and all assets related to those operations.  More »