Fuel Fix

Priyank Mehta tests a Aker Solutions operations chair created to control the drill equipment from the surface. Monday, May 5, 2014, in Houston. ( Marie D. De Jesus / Houston Chronicle )

The best oil and gas tech at OTC 2015

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Categories: featured, OTC
The first two days of the annual mega conference featured some amazing tech, from simulators to turbines to giant ropes.

The best oil and gas tech at OTC 2015

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Categories: featured, OTC
Priyank Mehta tests a Aker Solutions operations chair created to control the drill equipment from the surface. Monday, May 5, 2014, in Houston. ( Marie D. De Jesus / Houston Chronicle )
The first two days of the annual mega conference featured some amazing tech, from simulators to turbines to giant ropes.
Attendees view a small scale model of an offshore platform in the Aker Solutions booth during the Offshore Technology Conference at NRG Park on May 5, 2014, in Houston, Tx. ( Mayra Beltran / Houston Chronicle )

Some OTC exhibitors have stepped up their conference spending, even amid downturn

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While many companies have scaled back their presence this year amid a global oil collapse, others have still spent big.
Categories: featured, OTC
(Daniel Acker/Bloomberg)

Oil at $65 seen freeing 500,000 barrels from shale fracklog

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Producers in oil and gas fields from Texas to Pennsylvania have 4,731 idled wells at their disposal.
Categories: Crude oil

Howard Midstream Energy Partners announces Pemex deal

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San Antonio-based Howard Midstream Energy Partners announced today that its subsidiary will store and handle fuel oil in Brownsville from inland refineries in Mexico. The company’s subsidiary, Maverick Terminals, has reached a service agreement with Petróleos Mexicanos, or Pemex, Mexico’s national oil company. A new bulk liquid terminal facility will be built next to Howard […]
Categories: Uncategorized

Robert Flexon, CEO of Dynegy. (Rhiannon Meyers/Houston Chronicle)

CERAWeek: Dynegy CEO keeping close eye on evolving power model

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Recent power plant acquisitions have placed Dynegy in a comfortable position for the next few years, but the Houston-based power generator will have to figure out how to operate in a rapidly changing electricity market, CEO Robert Flexon said Thursday.
Categories: Electricity
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CERAWeek: World leaders at Paris climate talks won’t make same mistakes as 2009, experts say

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“There was a perception of failure” in Copenhagen, Todd Stern told IHS Energy CERAWeek. “People don’t want to go back there again.
(Melissa Phillip/Houston Chronicle )

Kinder Morgan looks to expand natural gas route to Mexico

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If shippers sign on, Kinder Morgan would likely turn dirt on the $38 million upgrade with a completion date of mid-2017.
Categories: Natural gas
Sen. Lisa Murkowski, R-Alaska, speaks during the opening panel discussion of IHS Energy CERAWEEK on Monday, April 20, 2015, in Houston. ( Brett Coomer / Houston Chronicle )

Quotable CERAWeek: Memorable lines from energy industry leaders

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The new reality of oil, was the biggest topic, and the executives who took the stage focused on detailing how their companies would survive.
Categories: CERAWeek, Crude oil, featured
Gina McCarthy Administrator of the US Environmental Protection Agency speaks during the keynote luncheon during IHS Energy CERAWeek Thursday April 23, 2015 at the Hilton Americas-Houston. (Billy Smith II / Houston Chronicle)

CERAWeek: Transition away from coal power is “inevitable,” EPA boss says

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McCarthy’s pledge comes amid anxiety over the Obama administration’s push to sharply reduce carbon dioxide emissions from the power sector while rapidly expanding the use of cleaner-burning natural gas, wind and solar.
Categories: CERAWeek, Coal, Electricity
(Eddie Seal/Bloomberg)

Weatherford sees bottom of ‘miserable’ North America results

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Weatherford will cut its 2015 capital budget to $850 million from $900 million, it said in the earnings report.
Business deal finalized, congratulations!

BP sells UK natural gas midstream assets

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BP will raise $486 million selling its stake in a natural-gas transportation system in the U.K. North Sea.
Gregory Boyce, chief executive officer of Peabody Energy Corp. (F. Carter Smith/Bloomberg News file photo)

CERAWeek: Clean power plant rule offers significant pain with ‘negligible environmental benefit,’ coal producer says

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Coal-fired power plants wouldn’t be the only beneficiary of carbon capture and storage technology, Peabody Energy CEO Greg Boyce said, stressing that in a carbon-constrained world, natural gas plants will need the tech too.
(Dave Schumaker/flickr)

Report: Man-made earthquakes shake over a dozen areas in US

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The man-made quakes jolted once stable regions in eight states, including parts of Alabama, Arkansas, Colorado, Kansas, New Mexico, Ohio, Oklahoma and Texas, according to researchers at the U.S. Geological Survey.
From left: Thad Hill, CEO of Calpine Corp., Leo Denault, CEO and Chairman of Entergy Corp. and Pat Vincent-Collawn, President and CEO of PNM resources. (Billy Smith II/Houston Chronicle)

CERAWeek: Cheap fuel, solid economy will give Texas a break from rising rates

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Texas’ rate hikes will be eased thanks to economic growth that has boosted power demand in the state and along the Gulf Coast.
A panel of Texas electricity officials discusses the state's shift away from coal-fired power plants on the fourth day of IHS Energy's weeklong CERAWeek conference.

CERAWeek: Texas moving away from coal without federal mandates

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More Texas homes will be powered by cleaner-burning natural gas with or without stringent new federal regulations to cut carbon pollution from power plants, a panel of Texas regulators and electricity company chiefs said Thursday.
Categories: CERAWeek, Coal, Electricity
Ernest Moniz Sec. of Energy United States during the IHS Energy CERAWeek Wednesday April 22, 2015 at the Hilton Americas-Houston. (Billy Smith II / Houston Chronicle)

CERAWeek: Energy chief sees no ‘compelling’ case for oil exports yet

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The oil industry hasn’t made “an overly compelling argument” for crude exports, Energy Secretary Ernest Moniz said Thursday.
(AP Photo/Charlie Riedel, File)

CERAWeek: EPA should expect litigation deluge over carbon emissions rules

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In the next few months, the EPA is expected to release a final set of rules for forcing the electricity sector to reduce emissions of carbon dioxide 30 percent from 2005 levels by 2030.
Categories: CERAWeek, Electricity