Fuel Fix

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)

Chesapeake governance issues a factor for Oil India

Oil India Ltd., armed with as much as $1.3 billion cash for acquisitions, will consider Chesapeake Energy Corp.’s “corporate governance issues” before investing in the explorer’s shale assets in the U.S.  More »
TNK-BP headquarters in Moscow (AP file photo/Misha Japaridze)

CEO of TNK-BP unexpectedly quits

Russian tycoon Mikhail Fridman on Monday unexpectedly announced his resignation as chief executive of TNK-BP, a sign of rising tensions between shareholders at the Russian venture of British company BP.  More »
Traffic is jammed in both directions on Interstate 405 near Los Angeles. (AP Photo/Reed Saxon, file)

Driving season begins, as does griping about gas

It’s Memorial Day weekend and our national obsession with the price of gasoline is in focus once again.  More »
Carl Icahn (AP file photo/Mark Lennihan)

Icahn reveals Chesapeake stake

Activist investor Carl Icahn has taken a sizable stake in Chesapeake Energy Corp. and is calling for at least four of company’s directors to be replaced.  More »
An oil pump works in the Persian Gulf desert oil fields of Sakhir, Bahrain. (AP Photo/Hasan Jamali, File)

Oil holds near 2012 low

Both crude varieties have tumbled this month on forecasts of weaker world demand and higher supplies.  More »
Hellio Castroneves drives the #3 Shell V-Power/Pennzoil Ultra Team Penske car during practice for the Indinapolis 500 at Indianapolis Motor Speedway on May 20, 2012 in Indianapolis, Indiana. (Photo by Andy Lyons/Getty Images)

Ethanol-based fuel set to make Indy 500 debut

The Indy 500 will be fueled from the nation’s Heartland this year.  More »
(Brett Clanton/Houston Chronicle)

Drilling foes want to buy Wyoming Range leases

Opponents of natural gas drilling in the Wyoming Range want to buy an energy company’s drilling leases, but both sides appear to be waiting for the other to make the first move.  More »
A Petrohawk Energy natural gas drilling site in the Eagle Ford Shale is shown in September 2009. (Jake Lacey/Houston Chronicle file photo)

Eagle Ford Shale’s has had profound impact on Texas

The Eagle Ford shale drilling boom has had a profound impact on wages and job growth, and the increased drilling in 23 South Texas counties will likely have a continued impact on the state, according to a new report by the Federal Reserve Bank of Dallas.  More »
KBR Tower in downtown Houston (AP file photo/Pat Sullivan)

KBR investors approve declassifying board elections

Shareholders of KBR overwhelmingly approved a proposal, supported by management, calling for directors to be elected annually.  More »

Shale play a worry for Bexar ozone

There are concerns that development of the Eagle Ford Shale could push the San Antonio area over the limit of federal standards for ozone levels, an expert told the members of the Eagle Ford Task Force.  More »
Image: Fotolia

Weatherford’s S.A. hub completed

Oil field services company Weatherford International Inc. provided more details this week about the completion of its 108-acre facility in south San Antonio at Interstate 37 and Loop 1604.  More »
(Image: Fotolia)

EnerJex’s Kansas oil production rises

San Antonio-based EnerJex Resources Inc. said oil production has increased 50 percent, to about 150 barrels of oil a day, from its Mississippian project in southeast Kansas.  More »