Monthly Archives: July 2012

NY judge lets Chevron’s Ecuador claim move forward

A judge who once tried to stop collection worldwide of an $18 billion environmental judgment in Ecuador against energy company Chevron continued his criticisms of the award on Tuesday in litigation that seeks a declaration that the judgment was the product of fraud.  More »

Potter becomes president of FMC Technologies

Robert L. Potter has been appointed president of FMC Technologies. John T. Gremp will keep his roles as chairman and chief executive officer.  More »

Sports star set to be new face of coal

Just in time for the election cycle, a newly released commercial by American Coalition for Clean Coal Electricity will tout the importance of coal. See who is the star of the new advertisement campaign.  More »

Electricity grids fail across half of India

Electric crematoria were snuffed out with bodies inside, New Delhi’s Metro shut down and hundreds of coal miners were trapped underground after three Indian electric grids collapsed in a cascade Tuesday, cutting power to 620 million people in the world’s biggest blackout.  More »

Anadarko leaders tout second-quarter bright spots

Anadarko saw sales volumes double in several U.S. fields during over the past year and marked major natural gas discoveries in Africa, leaders said.  More »

Feds expand online mapping to Arctic

As Shell inches closer to launching exploratory drilling in the Chukchi and Beaufort seas, the federal government today announced it is expanding an online mapping tool for responding to offshore oil spills so it includes Arctic waters.  More »

Are Texas oil and gas jobs on the rise? Find out here

Texas oil and gas employment rose last year, but what did the Texas Petroleum Index find out this year? Follow live as Fuel Fix reporter Zain Shauk hears the presentation.  More »

More college grads want to work for energy firms

Energy companies are becoming more popular among college students, the latest in an annual survey shows.  More »

Venezuela officially joins Mercosur trade bloc

Venezuela was officially welcomed into the Mercosur trade bloc Tuesday, giving that nation’s leader Hugo Chavez a long-awaited political prize and strengthening links among the region’s agricultural and energy powerhouses.  More »

Valero may split off retail operations

Valero Energy may split its retail business from the rest of the company. It is reviewing several ways to separate its retail operations, including a distribution to shareholders, the company said.  More »

Freeport LNG inks deal to sell natural gas to Japanese utilities

Two of Japan’s largest utilities have signed a deal to buy liquefied natural gas from a Freeport, Texas plant over the next two decades. The move allows Freeport LNG to take advantage of Japan’s thirst for natural gas and gives U.S. producers another potential avenue for exporting the fossil fuel to Asian markets.  More »

Wait-and-see mode for Texas electric consumers

The much-discussed wholesale electricity price hike starts tomorrow, leaving some to ponder whether electricity providers will pass on the higher costs to consumers.  More »

Total to hunt for oil in Iraq’s Kurdish north

French oil giant Total S.A. said Tuesday it has acquired an interest in two oil exploration areas in Iraq’s Kurdish north from Marathon Oil Corp., joining U.S. oil majors Exxon Mobil Corp. and Chevron Corp. in the self-rule region.  More »

Power provider loses appeal of EPA oversight

The largest power generator in Texas lost an appellate court challenge Monday over federal supervision of state clean-air regulations.  More »

Enbridge near 30-year high on earnings growth

Enbridge Inc. (ENB), the largest transporter of Canadian crude to the U.S., is trading at its highest level in almost three decades as it shakes off criticism over oil spills, delays in new crude routes and valuation concerns.  More »
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