Wyo. official: Better map could crack Niobrara oil
Better seismic mapping data could finally spur more petroleum companies to drill into the Niobrara Shale, according to the head of the Wyoming state oil and gas regulatory agency.
View ArticleThe Long Term Tie Between Energy Supply, Population, and the Economy
The tie between energy supply, population, and the economy goes back to the hunter-gatherer period. Hunter-gatherers managed to multiply their population at least 4-fold, and perhaps by as much as...
View ArticlePeak, What Peak?
[Editor's comment: This article is by Dr. Tad Patzek, chairman of the Department of Petroleum & Geosystems Engineering at The University of Texas at Austin. Dr. Patzek's research involves...
View ArticleExecs & military leaders urge big changes to transportation sector
A group of former military leaders and business executives, including the CEOs of Waste Management Inc. and FedEx Corp., on Monday said the United States' dependence on oil for fueling its cars and...
View ArticleFuel demand hits 20-year low for February
As other economic indicators are headed up, the American Petroleum Institute reported this week that U.S. petroleum demand was down by more than 4 percent in February compared to a year earlier.
View ArticleShale boom curbs OPEC’s grip as Saleri sees $120 oil cap
Technological advances to harness shale resources will curb OPEC’s influence in the oil market and cap crude prices at $120 a barrel, said Nansen Saleri, former head of reservoir management at Saudi...
View ArticleOil industry loses legal battle against E15
The Supreme Court on Monday dealt a big blow to the oil industry, when it decided not to hear a legal challenge against the federal government's decision to approve the sale of fuel containing 15...
View ArticleEnergy pushes Houston to nation’s top exporter
The Houston metropolitan area has become the nation's top exporter for the first time in history, pushed by growing shipments of petroleum products, according to a U.S. Department of Commerce report...
View ArticleSaudi Arabian oil export revenue gained in 2012 as Iran fell
Saudi Arabia’s revenue from exports of crude oil and other petroleum products in 2012 rose 5.3 percent from a year earlier while Iran’s income from sales abroad sank by 12 percent, OPEC reported.
View ArticleObama falling short on exports, but fuel shipments booming
It's doubtful that President Obama will reach his ambitious goal of doubling U.S. exports between 2010 and 2015. But exports from at least one industry have nearly doubled: petroleum products.
View ArticleColorado flooding shuts wells, triggers oil spills (photos)
Colorado's flooding has shut down hundreds of natural gas and oil wells in the state's top petroleum patch and triggered at least two significant spills.
View ArticleRail movements of oil continue to rise
Rail movements of oil continue to soar in 2013, up nearly 40 percent so far this year compared with 2012, the Association of American Railroads reported Thursday.
View ArticleMissouri lawmakers block rule allowing E15 gasoline
Missouri lawmakers blocked a proposal Wednesday that could have allowed greater amounts of ethanol to be blended into the gasoline sold for most vehicles.
View ArticleFire rages after another train derails in Canada
Emergency crews battled a massive fire Saturday after a Canadian National tanker train carrying oil and gas derailed west of Edmonton, Alberta, overnight.
View ArticleEncana reports third-quarter profit as liquids volumes rise
Encana Corp., Canada’s largest natural-gas producer, returned to a third-quarter profit and beat analysts’ estimates after increasing its oil and petroleum liquids output as prices rose.
View ArticleMore oil and gas drillers turn to water recycling
Drillers have found a way to get by with much less water: They recycle it using systems that not long ago they may have eyed with suspicion.
View ArticleShale business brings ‘growth engine’ to BHP Billiton, exec says
BHP Billiton plans to spend two-thirds of its petroleum budget on U.S. shale in coming years, but the Australian natural resources giant knows that the biggest returns come from replicating low-cost...
View ArticleUH enhances energy research with multimillion-dollar lab (photos)
The University of Houston revealed Wednesday the newest equipment in what's slated to become a multimillion-dollar geochemistry lab that will enhance the school's research in deep-water exploration,...
View ArticleStudy finds strong link between BP spill and sick dolphins
Bottlenose dolphins in a Louisiana bay fouled by the 2010 BP oil spill are suffering from lung damage and other injuries that are consistent with exposure to petroleum hydrocarbons, according to a...
View ArticleEnergy pushes Texas exports to highest value ever
HOUSTON — Fueled by the rapid expansion of the oil and gas industry, Texas exports reached their highest value in history in 2013, jumping 5.6 percent over the previous year, according to new federal...
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