Fuel Fix

Anadarko Petroleum Corporation CEO Al Walker, gives a speech after his company won top ranked large employer during the Houston Chronicle's Top Workplaces Awards Gala, Thursday, Nov. 8, 2012, in Houston. (Nick de la Torre/Houston Chronicle)

Anadarko CEO: Outlook still uncertain for shale comeback

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Earlier in the year, before initial declines in service costs, Anadarko had estimated it would take $3 billion in capital expenditures to keep production levels flat. Now, Walker said, it would take about $2.7 billion, and there is still room for improvement.

Anadarko CEO: Outlook still uncertain for shale comeback

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Anadarko Petroleum Corporation CEO Al Walker, gives a speech after his company won top ranked large employer during the Houston Chronicle's Top Workplaces Awards Gala, Thursday, Nov. 8, 2012, in Houston. (Nick de la Torre/Houston Chronicle)
Earlier in the year, before initial declines in service costs, Anadarko had estimated it would take $3 billion in capital expenditures to keep production levels flat. Now, Walker said, it would take about $2.7 billion, and there is still room for improvement.
Halliburton CEO Dave Lesar (Melissa Phillip/Chronicle)

Paychecks rose for some Houston energy CEOs in 2014

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The 10 highest-paid executives in Houston last year all work in the energy industry, despite domestic oil’s long and lingering swoon.

Shell’s Olympus platform is set up on the Mars field in the Gulf of Mexico in July 2013. (Royal Dutch Shell)

Trio of Texas universities win bid to launch offshore safety center

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Three Texas universities will launch a new safety institute designed to help offshore drilling regulators keep pace with rapidly evolving technology for extracting oil and gas from the sea floor, Interior Department officials announced Thursday.
(LEON NEAL/AFP/Getty Images)

Berber militia takes western Libya oil facility

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The complex is a joint venture between Libya’s National Oil Corp. and Italian oil firm Eni SpA.
Categories: Africa, General, Natural gas

An Apache rig drills for natural gas at Matagorda Island in the Gulf of Mexico. (Photo: Apache Corp. via Bloomberg News)

Apache earnings rise on higher North American liquids production

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Increased oil and natural gas liquids production in North America drove Apache Corp. profits 86 percent in the third quarter to $300 million, the company said Thursday.
Categories: Finance/Earnings
(AP Photo/Evan Vucci)

Congress seen debating oil exports while wary of gasoline costs

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Senator Lisa Murkowski, the top Republican on the Senate Energy and Natural Resources Committee, believes the debate on oil exports will happen “sooner rather than later,” according to Robert Dillon, a spokesman for the Alaska lawmaker.
J. Michael Yeager. (Billy Smith II/ Houston Chronicle)

BHP Billiton’s former oil chief Yeager expects more U.S. M&A

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Yeager, who led BHP’s $20 billion move into the U.S. shale gas industry before leaving the Melbourne-based company earlier this year, is focusing on oil in his new role at Maverick, an explorer developing fields south of Houston.
Categories: Deals, General
(Image: Zamonin)

Cyprus, France’s Total to cooperate on gas plant

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They say a facility that will liquefy gas for export to European and Asian markets will be their top priority as they try to turn a profit on any newfound offshore deposits.
Categories: LNG, Markets, Natural gas
Crewmen work a site for TransCanada's Keystone XL project in Wood County, Wednesday, Oct. 24, 2012, in Winnsboro. (Cody Duty / Houston Chronicle)

Texas farmer wins entry of default in Keystone pipeline case

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He is one of the last Texas landowners still battling Calgary-based TransCanada over the company’s use of eminent domain laws.
Categories: Keystone XL