Fuel Fix

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These are the experts drawing battle lines in crude export debate

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The cast of experts weighing in on the issue includes former Obama administration officials and military veterans.
glam-derricks

The oil patch palette

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Categories: featured, General

These are the experts drawing battle lines in crude export debate

on
m736807
The cast of experts weighing in on the issue includes former Obama administration officials and military veterans.
glam-derricks

The oil patch palette

on
A couple of years ago we presented some examples of how the grit and steel of the oil field can take on its own beauty in the hands of a skilled photographer or digital artist.
Categories: featured, General
Oil wells in the Franja del Orinoco region of Venezuela (Houston Chronicle)

Crash could cost cities in U.S. and Canada cities $170 billion

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The losses, which represent about 2 percent of combined GDP for the 35 cities studied, surpassed estimates for the impact of natural disasters such as floods and earthquakes as well as terrorist attacks, the London-based insurance market said Thursday in a report.
Categories: Crude oil
A worker walks under a road of pipelines at the Petroleos Mexicanos Miguel Hidalgo oil refinery in Tula de Allende, Mexico, on Thursday, March. 6, 2013. Susana Gonzalez /Bloomberg

Refiners would lose big if oil export ban is loosened, EIA report says

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Congress is set to begin considering legislation to end the prohibition as soon as next week, though a split in the industry is complicating the effort to get it passed, particularly the Senate.
Categories: Refining

(Daniel Acker/Bloomberg

Holly Energy Partners buys Enbridge’s stake in Frontier line

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Holly Energy Partners said Thursday it had bought out Enbridge’s 50 percent stake in the Frontier Pipeline for an undisclosed amount.
Categories: Pipelines
DR Solarjpg

Commentary: Is Texas lagging in an area of energy policy? Find out what the experts say

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Distributed Energy, or DE, is defined as energy generated on the customer’s side of the electric meter. Think, for example, of electricity coming from small-scale diesel generators that otherwise provide backup power for large buildings. Rooftop solar panels also can provide distributed energy.
Categories: General
A Noble Energy rig off the south coast of Cyprus in the Mediterranean Sea. (AP Photo/Cyprus Press and Information Office, File)

Noble Energy: Egyptian find won’t derail plans to sell Israeli gas

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In a statement Thursday, Noble’s CEO said there’s enough demand that no single discovery is large enough to satisfy the region’s needs.
Categories: Middle East, Natural gas
A spinoff of National Oilwell Varco announced plans to buy a company that supplies the energy industry with pipes, valves and fittings.

EV Energy to buy gas-rich land for $259 million

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The Houston oil producer has agreed to purchase land near its own in the Appalachian Basin in Ohio and Pennsylvania, the San Juan Basin in New Mexico, the Austin Chalk in South Texas other fields in Michigan.
Categories: Deals, Natural gas

Global economic worries keep crude in check

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As opposed to the usual free-form structure, let’s do some painting by numbers to color in the backdrop for today’s market currents. Henceforth, five observations ahoy: 1) There is an interesting piece out this morning addressing the dichotomy seen within US shale producers, as some chose to hedge fairly aggressively in Q2, while some chose […]