Fuel Fix

Study: East Coast states could cash in on offshore drilling

South Carolina would be among the states to reap benefits from offshore drilling, but some officials argue fishing and tourism could be threatened. Pictured, North Myrtle Beach, South Carolina. (Photo by Loren Steffy)
North Carolina, South Carolina and Virginia could rake in billions if the Interior Department opens up auctions on leases along the Atlantic Coast, according to the study. More »
David  Rainey, a former BP vice president during the Deepwater Horizon oil rig explosion, leaves Federal Court after being arraigned on obstruction of a federal investigation in New Orleans in November 2012.   (AP Photo/Matthew Hinton)

New indictment against former BP executive

Friday’s superseding indictment makes adjustments to existing obstruction of Congress and false statement charges against David Rainey.  More »
Cheniere Energy Partners' LNG import terminal on the Louisiana side of Sabine Pass. (Photo: Cheniere Energy)

Galveston eyed for $6 billion LNG export terminal

Galveston Wharves trustees Monday will consider leasing 185 acres on the northeast corner of Pelican Island to Next Decade, a privately owned company focused on developing two Texas LNG export facilities.  More »
Yellow oil barrels

U.S. crude falls for third day on dollar strength

Oil for October delivery dropped 66 cents to end at $92.41 on the New York Mercantile Exchange.  More »
A pro-Russian activist holds a Russian flag as he stands near a statue of Lenin during a rally in the eastern Ukrainian city of Donetsk on March 22, 2014. (AFP PHOTO/Alexander/Getty Images)

Russian oligarch owns big stakes in Dresser-Rand, potential Swiss buyer

Dresser-Rand Group and its potential Swiss industrial buyer have at least one thing in common: An ultra-rich Russian metallurgy and energy tycoon with ties to Moscow.  More »
US-ChemicalSafetyBoard-Logo

Agency can look at rig owner’s role in oil spill

Transocean had challenged the authority of the U.S. Chemical Safety and Hazard Investigation Board,  More »
(stockyimages)

Dresser-Rand talking to possible buyers

Dresser-Rand Group is in merger talks with at least one foreign industrial company, a potential suitor has confirmed, as talk that the Houston oil field equipment maker may sell pump its stock price.  More »
The chairman and chief executive officer

Exxon to halt Russian drilling in face of U.S. sanctions

The U.S. Treasury Department has given Exxon Mobil Corp. and other contractors a license to wind down operations in the Russian Arctic as the Irving-based company prepares to comply with U.S. sanctions banning joint-venture oil exploration in the area.  More »
Scotland's voters arrive at polling places in Edinburgh, Thursday, Sept. 18, 2014. Polls opened across Scotland in a referendum that will decide whether the country leaves its 307-year-old union with England and becomes an independent state. (AP Photo/David Cheskin)

Drillers can return to fight oil slump after Scotland’s ‘No’

After the failure of a referendum on Scottish independence, Shell and BP say they’ll continue working to combat an energy slump in the United Kingdom.  More »
Staff of Wild Well Control stand in front of the company's new 120-ton capping stack in Singapore. The device can be deployed worldwide in order to help plug out--of-control offshore wells. (Photo: Wild Well Control)

Wild Well unveils newest 120-ton capping stack

Houston-based Wild Well Control has stationed a capping stack in Singapore as part of its global system for responding to underwater well blowuts.  More »
(Flickr/SalFalko)

Bakken Shale speculator is charged with arranging murders

Federal prosecutors have accused the owner of a fracking venture of plotting the shooting death of his partner.  More »
University of Houston engineering students met with more than 100 employers Thursday.

For engineering students, first impressions count

As more than 100 companies — mostly in the energy sector — descended on the University of Houston Hilton for fall recruitment Thursday, Vita Como, senior director of the school’s engineering career center, has an important message: engineers are in demand, but first impressions count.  More »
The Deepwater Horizon oil rig burns after an explosion in the Gulf of Mexico in 2010. (AP Photo/Gerald Herbert, File)

Agency can look at rig owner’s role in oil spill

A federal appeals court in New Orleans has upheld a federal safety board’s right to investigate the role of Transocean Deepwater Drilling Corp. in the 2010 Gulf of Mexico oil disaster.  More »
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