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Total CEO dies in plane crash

Christophe de Margerie and three others died in Moscow when the CEO’s private jet collided with a snowplow who’s driver was drunk, Russian investigators said.  More »

Islamic State fuels terrorist operations with oil production

Oil production has provided the extremist Sunni group with a significant source of revenue, even though the Islamic State produces only a fraction of the oil capacity from the territory it controls and likely sells its oil at a deeply discounted price on the black market.  More »

Oil price could bite companies whose production made it cheaper

The companies that helped turn around the domestic oil supply situation now face lower profits because crude’s become so plentiful it’s getting cheaper.  More »

Government lags in measuring gush of U.S. crude

The federal Energy Information Administration relies on state agencies for data about oil production, sometimes two years late. For natural gas, the EIA is collecting data from an outdated survey of producers in five states that was designed before technological advancements opened up new plays across the country.  More »

Shell Midstream launches IPO

Royal Dutch Shell’s midstream partnership launched its initial public offering in New York Monday, the company announced Monday.  More »

Tesoro Logistics buying QEP’s gas processing business

Tesoro Logistics LP agreed to buy QEP Resources natural-gas gathering and processing business for $2.5 billion in cash to expand in the Rocky Mountain region and North Dakota.  More »

Officials say oil spill has not reached Caddo Lake

Officials said Saturday that the oil has been contained without reaching Caddo Lake, which straddles the Texas-Louisiana state line and provides drinking water for some water systems.  More »

Oil industry execs among donors to Koch brothers super PAC

The Koch brothers have long kept the donors to their political causes secret, but rules governing a new super PAC they formed require that the backers be made public.  More »

In search of safety, utilities bring in experts: each other

The American Gas Association is taking a page from the nuclear and airline industries in a new push to make pipelines and utilities safer.  More »

Shale boom weans U.S. from foreign oil, creates new opportunities

Although the U.S. is far from achieving anything close to full energy independence, the rapid resurgence in domestic oil and gas production has slashed the nation’s reliance on foreign oil in a short period of time and created new opportunities for refineries and pipeline companies, an energy analyst said Thursday.  More »

Time to “Simmer Down” on Fiscal Crises

Fiscal brinksmanship – those seasonal scenarios during which our government tiptoes to the edge of the latest government shutdown, fiscal cliff, or sequestration – has become as much a part of the Washington political culture as seersucker on summer Thursdays. And thanks to the fact that we have grown accustomed to funding our government through […]  More »

Feds move ahead with central Gulf auction

The Obama administration is moving ahead with plans to sell offshore drilling rights in the central Gulf of Mexico.  More »

Automakers, utilities studying how to manage electric vehicles

A consortium of eight major automakers is poised to test the first-ever technology that would allow electric cars to communicate with utility companies in an effort to better manage vehicles’ power consumption.  More »

Chemistry Council: Turning leftover plastic into oil could create thousands of jobs

An American Chemistry Council report found that there’s enough non-recycled plastic in the U.S. to feed hundreds of plastics-to-oil facilities and create thousands of jobs.  More »

Apache to get third CFO in eight months

Alfonso Leon, the company’s chief financial officer and executive vice president, resigned Tuesday, the Houston-based exploration and production company announced.  More »
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