Gov. Bobby Jindal and Frank Randazzo, the company’s chief operating officer, said Monday that NFR BioEnergy will convert sugar cane waste, known as bagasse, into hardened energy pellets for use as fuel at global power plants. More »
Texas, with its history of oil booms and busts, offers expertise for a country new to the energy game.
Guest commentary: There is still time for the industry to take back control of the online narrative before activists chip away at the 68 percent of Americans who currently support offshore oil and gas drilling.
Shell Oil Co. announced Monday that it had begun production from a subsea project in the Gulf of Mexico that is expected to eventually produce 50,000 barrels of oil equivalent per day. More »
Brent crude fell below $100 a barrel for the first time since June 2013 as a slowdown in imports into China reinforced signs of surplus supply. West Texas Intermediate dropped to the lowest in almost eight months. More »
Ethanol production has become a key issue in Iowa’s closely matched U.S. Senate race, with both candidates pledging support for an industry that is important to the state’s corn-powered agricultural economy More »
The head of a Republican energy task force predicts the U.S. House of Representatives will advance legislation next year to relax a decades-old ban on exporting most U.S. crude. More »
Sugar Land’s Rangeland Energy has singed a multi-year deal with Houston-based oil services company Halliburton Co. to provide fracking sand rail unloading, storage and distribution in West Texas’ Delaware Basin, a part of the larger Permian Basin. More »
Iraq’s attorneys once again asked a federal judge to seize 1 million barrels of contested crude, claiming that the tanker floating off the coast of Galveston since late July plans to offload and sell its cargo within the United States. Kurdistan in court has explicitly not confirmed or denied whether it owns the crude, leading […] More »
A federal judge’s ruling that BP was reckless in the lead up to the Gulf of Mexico oil spill hinged on the company’s decisions to drill deeper than was deemed safe and skip or misread well integrity tests, among other factors “motivated by profit.” More »
Rail shipments of crude oil rose to 119,634 carloads in the most recent fiscal quarter, an increase of more than 10 percent over the 106,605 shipments in the comparable period last year, according to figures released Thursday by the American Association of Railroads. More »
According to the Energy Information Administration (EIA) the relationship between electric power consumption and economic growth is changing after decades of being very strongly correlated. Between 1975 and 1995 the “two growth measures were nearly equal in value.” Looking to the future, EIA estimates that the “rate of projected growth in electricity use will be […] More »