Fuel Fix

Protesters of the proposed Keystone XL oil pipeline at a rally in Washington, D.C. (Puneet Kollipara / the Houston Chronicle)

Senate to vote on Keystone XL, drilling amendments to highway bill

Two measures pertaining to a federal permit for the Keystone XL pipeline are among those that will get votes Thursday as amendments to sweeping Senate transportation legislation, under an agreement announced late Wednesday night. Also up for consideration is a GOP amendment that would expand offshore drilling to certain waters of the Atlantic and Pacific oceans.  More »
(Daniel Acker/Bloomberg)

Natural gas drops to a 10-year low; oil rises

Relatively warm weather, combined with a boom in production, has left storage facilities bloated with more gas than normal.  More »
President Barack Obama (AP file)

Obama touts alternative fuels, efficiency to cut oil use

President Obama touted policies his administration is pursuing to cut vehicle oil use, ranging from fuel-efficiency standards to natural-gas-powered trucks, amid ongoing political debate over gasoline prices.  More »
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The LNG carrier, a tank ship designed for transporting liquefied natural gas, is towed into port. (Lex Van Lieshout, Getty Images)

CERA: U.S. weighing LNG exports

The Obama administration is considering permits for export of liquefied natural gas so the nation can market its growintg supply of natural gas, an official told CERAWeek participants.  More »
Chevron CEO and Chairman John Watson. left, Shell Oil U.S. President Marvin Odum, BP America President and Chairman H. Lamar McKay and ConocoPhilips CEO and Chairman James Mulva testify before the Senate Finance Committee in Washington, D.C., on May 12, 2011. (Photo: Jim Watson/AFP/Getty Images)

Federal government won’t rush offshore drilling permits

Federal regulators won’t rush the issuance of offshore drilling permits amid ongoing Republican criticism that the Obama administration has slowed the rate of approvals, said James Watson, director of the Bureau of Safety and Environmental Enforcement.  More »
Iran Nuclear plant

CERA: Tensions over Iranian nuclear ambitions

While the United States is gauging the impact of potential European oil sanctions on Iran, the Iranian military remains capable of causing major problems in the Persian Gulf region, panelists said Wednesday during the IHS CERA Week energy conference in Houston.  More »
Rich Kinder of Kinder Morgan Energy Partners in control room at office at Company's offices. (Photo: Carlos Antonio Rios, Houston Chronicle)

13 Houstonians make Forbes’ 2012 list of billionaires

Thirteen Houstonians made the Forbes’ annual World Billionaires list.  More »
Mexican billionaire Carlos Slim, chariman emeritus of America Movil Sab de CV, which controls 70 percent of Mexico's mobile-phone business, chats with attendees following a news conference in Mexico City, Mexico, on Tuesday, Jan. 31, 2012. Slim said the prices charged by his phone companies in Mexico are among the world's lowest. Photographer: Susana Gonzalez/Bloomberg

World’s richest lose billions in a single day

Tumbling stocks Tuesday probably put a damper on your retirement and 401K, likely causing you to lose a couple thousand or hundred dollars over night.  More »
Charlie Williams, who heads the new Center for Offshore Safety, is chief scientist for well engineering and production technology for Shell worldwide. (Photo: Shell Oil Co.)

Shell scientist to head industry offshore safety center

A top Shell Oil Co. scientist who was tasked with creating a new industry-led offshore drilling safety group will serve as the center’s executive director, the American Petroleum Institute announced today.  More »
(AP Photo/Keith Srakocic)

CERA: Recreating U.S. shale gale overseas faces challenges

Eni CEO Paolo Scaroni said the natural gas boom in the United States is unlikely to happen in other parts of the world.  More »

Statoil chief calls on industry to reform public image

Statoil CEO Helge Lund said the global oil and gas industry should make social responsibility and public image priorities.  More »
(Photo: bpicazxx/Flickr)

Energy provides engine for rail recovery, exec says

A railroad executive told a Houston audience that the shale oil and gas boom is giving a boost to his industry.  More »

CERA panel on Middle East touches on challenges for Saudi Arabia and Iran

Growing domestic energy demand could put Saudi Arabia in a bind by 2030, caused largely by oil subsidies, an expert told an audience during IHS CERA Week in Houston on Tuesday. “A lot of this is being driven in the region by the sharp growth in domestic consumption of oil,” Brad Bourland, chief economist for […]  More »
CEO Paolo Scaroni of Eni explained the Italian company's goal in its acquisition of a Texas shale gas producer. "The general idea was not to become a leader of gas in the U.S., but to learn the technology, how to do things here and export it," he said. Photo: Eric Kayne / © 2012 Eric Kayne

Oil giants innovate, push boundaries

The world’s hunger for energy is pushing global producers to invest more in new technology amid a rapidly changing energy landscape, energy ministers, executives and experts said Tuesday at the IHS CERAWeek conference in Houston.  More »
(AP Photo/US Coast Guard, File)

BP settlement architects hope to win over skeptics

The deal is all but done. Now it’s time to sell it.  More »