Fuel Fix

(AP Photo/Richard Drew)

Oil’s slide continues into August

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Monday’s slide follows a bearish July, when concerns that the glut of oil may not be easing sparked a sell off and erased gains crude had posted in May and June.

Oil’s slide continues into August

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(AP Photo/Richard Drew)
Monday’s slide follows a bearish July, when concerns that the glut of oil may not be easing sparked a sell off and erased gains crude had posted in May and June.
Exxon Mobil CEO Rex Tillerson

Oil CEOs’ grim outlook rubs off on speculators fleeing market

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Exxon, the biggest U.S. energy producer, reported July 31 its lowest profit since 2009 while No. 2 Chevron posted its worst results in 12 years.
Categories: Crude oil, featured

B/E Aerospace makes $265 million in Eagle Ford acquisitions

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B/E Aerospace announced it has agreed to buy LT Energy Services, provider of rental equipment, and Wildcat Wireline, a provider of wireline services. LT Energy Services works primarily in the Eagle Ford Shale and Wildcat works in the Eagle Ford and in the Marcellus and Utica basin. LT Energy Services is based in Houston and […]
Categories: Uncategorized

Abraxas gives an Eagle Ford update

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San Antonio-based Abraxas Petroleum Corp. provided an update this week of its Eagle Ford Shale and other operations and acquisitions. Here’s what the company is doing in South Texas: It has acquired approximately 440 net acres in McMullen County known as Dilworth East, where it believes it can put as many as four 5,000-foot lateral […]
Categories: Uncategorized

(Image: Fotolia)

Oil prices may fall on oversupply in 2014, Moody’s says

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Slowing economic growth in China and rising oil production in the Middle East could hamper global oil prices in 2014, especially in North America, according to Moody’s Investors Service.
Categories: Crude oil
( Johnny Hanson / Houston Chronicle )

Power demand in Texas hits winter record amid sub-freezing temperatures

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The Texas grid met cold-weather demand a day after freezing temperatures and power plant problems nearly forced rolling blackouts, and grid operators discontinued a conservation alert.
Categories: Electricity, Weather
Texas Railroad Commissioner David Porter. (photo courtesy of Texas Railroad Commission)

Earthquakes lead Texas agency to hire seismologist

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Railroad Commissioner David J. Porter said: “Commission rules and regulations must be based on sound science and proven facts.”
Jim Lawrence is director of the Blakely Advocacy Institute at the University. Blakely is sponsoring the Andrews Kurth Moot Court National Championship in January.(Dave Rossman photo)

Students’ debate over fracturing could be fractious

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The nation’s 16 best moot-court programs are preparing to face off at the federal courthouse in Houston this month. They’ll be debating an issue at the heart of the United States current energy boom: hydraulic fracturing.
A coal train heads north through Washington state. 
(Philip A. Dwyer/Bellingham Herald/MCT)

Temporary rebound expected for coal mining in 2014

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Natural gas prices rose and coal regained some of its once-dominant share in the electricity generation business in 2013, a report says.

Categories: Coal, Natural gas