Beaumont – Fuelfix

Crude oil rides Texas’ rails with little tracking

Crude oil rides Texas’ rails with little tracking

For generations of producers drillers in Texas, where a vast pipeline system has grown with the fits and starts of the oil industry’s notorious business cycle, railroads provided little more than a relatively expensive last resort. But in the boom associated with the hydraulic fracturing, producers increasingly enlist trains to handle the glut.  More »

Commentary: Mexico enters shale play

While the energy world has been focused on Canadian shale over the past few years, Mexico has been quietly emerging as a major player in the crude oil and natural gas industry. With the recent passage of massive energy reforms in Mexico, billions of barrels of oil and trillions of cubic feet of natural gas […]  More »

Growing Chinese appetite ignites U.S. methanol renaissance

The North American methanol market has accelerated rapidly in recent years as the Chinese throw their money behind new projects to expand North America’s capacity to produce methanol.  More »
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Plaintiffs likely to appeal ruling in BP Atlantis case, lawyer says

An attorney for plaintiffs who sued BP for $256 billion said Thursday he expects to appeal a federal judge’s decision to throw out a lawsuit over alleged safety compliance issues at one of BP’s deep-water production platforms.  More »

Noble announces Gulf of Mexico discoveries

Noble Energy has found oil and gas at two wells drilled deep in the Gulf of Mexico, the company reported Thursday.  More »

Shell formally launches 2015 Arctic drilling bid

Shell’s campaign to resume Arctic drilling in 2015 took a major step forward Thursday, as the company gave federal regulators a broad drilling blueprint that lays out plans for boring new exploratory oil wells in the Chukchi Sea. It is the strongest evidence yet that the company will keep pursuing a big discovery in the U.S. Arctic, after a mishap-plagued 2012 exploration campaign ended with the grounding of a drilling rig and a $200 million writeoff.  More »

Project aims to trade calendar for risk in maintaining BOPs

Oil companies, drilling contractors and manufacturers are collaborating on a project to shake up the way the emergency devices known as blowout preventers are kept in good condition.  More »

Moody’s forecasts post-restructuring Kinder Morgan debt rating

Kinder Morgan’s restructuring after a $44 billion buyout of its family companies will leave the new company just above an investment-grade debt rating, analysts Moody’s Investors Service said in a Monday report.  More »

Texas lawmakers focus on oil boom

Above all, the oil boom has emerged as a singular force driving the state’s great challenge of the 21st century, the post-urbanization population surge.  More »

Judge tosses suit claiming BP misled regulators about Gulf platform

Plaintiffs who brought a $256 billion lawsuit against BP have “no facts” to back up their claim the company misled regulators about the safety of a deep-water production platform, a federal judge has ruled.  More »

Drillers in Colorado especially mindful of the neighbors

Producers are finding ways to centralize oil field operations in a bid to boost efficiencies, cut costs and minimize disruptions for residents in the populous Colorado Front Range.  More »

Maersk Oil to lay off a fourth of Houston staff

Diminishing returns in Brazil and the Gulf of Mexico have pushed Maersk Oil to cut a quarter of the jobs at its Houston office.  More »

Voters go with oil companies in fight over Alaska taxes

Alaskans narrowly defeated an effort to repeal an industry-friendly oil tax regime adopted last year.  More »

Uncle Sam to collect $110 million from offshore oil auction

Oil and gas companies are set to pay the government $110 million in high bids for leases in the western Gulf of Mexico, after an auction Wednesday that underscored the industry’s interest in deep-water territory.  More »

Saudi Aramco invests $30 million in methane-to-gasoline startup

Siluria Technologies has received $100 million investment in its effort to develop a more efficient process for making gasoline from methane–the main component of natural gas, which is so plentiful in the United States now that some is burned off in flares because it isn’t marketable.  More »
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