Environmental activists gather outside the White House as they continue a civil disobedience campaign against the proposed Keystone XL pipeline that would carry oil from Canada to the Gulf Coast. (AP Photo/J. Scott Applewhite)

TransCanada drops PR firm that recommended controversial tactics

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Edelman plan calls for the company to pressure its opponents by “distracting them from their mission and causing them to redirect their resources,”

Run up to OPEC meeting (amid Russian paranoia): Is Canadian heavy oil a Key Saudi Target?

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This post was written by Jareer Elass, a Washington-based consultant and previous Mideast editor for Energy Intelligence Group. U.S. oil imports have tumbled to their lowest levels in 16 years this month, with oil from the Organization of Petroleum Exporting Countries (OPEC) losing significant market share. Nigeria’s crude oil exports to the U.S. have been […]
Categories: General
An oil well in North Dakota.  AFP PHOTO / Karen BLEIERKAREN BLEIER/AFP/Getty Images

Oil price slump to force spending cuts, Moody’s says

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Independent exploration and production companies are less willing to spend as oil prices hover around $75 per barrel, particularly in risky shale plays or regions outside of the the core, sweet spot acreage, according to the analysis released Tuesday by the ratings agency.
The United Kalavryta, shown in the Gulf in late July, about 60 miles off Galveston's coast. (Courtesy: U.S. Coast Guard)

Tanker dispute lingers as oil policy negotiations begin in Iraq

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As Iraq irons out some of its oil policy differences at home with the Kurdistsan Regional Government, the two remain locked in a dispute in U.S. courts over a tanker of crude that arrived nearly four months ago off Galveston’s coast carrying cargo Iraq claims was stolen.
(Derick E. Hingle/Bloomberg)

Dead offshore worker described as family man and supervisor

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Louisiana officials have identified the man who died in a Nov. 20 explosion at an oil platform in the Gulf of Mexico.
Henrik Madsen says crude oil is more valuable as a chemical feedstock and eventually will lose its place as the leading transportation fuel.( Mayra Beltran / Houston Chronicle )

Q&A: Oil eventually will lose its place as leading auto fuel

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Henrik Madsen, the CEO of Norway’s international shipping and oil field equipment classifier DNV GL, says oil’s best value is as a chemical feedstock, and that eventually natural gas will replace it as a motor fuel.

Three Pinocchios

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Over the past months and right after the Senate defeated legislation authorizing the Keystone XL pipeline, President Obama said that the pipeline was just to move Canadian oil through the US to the Gulf Coast for shipment overseas.  He has also said that he is concerned about it environmental impacts, the small number of jobs […]
Categories: General
(AP Photo/Pat Sullivan)

Navitas Midstream to build Eagle Ford gathering line, processing plant

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The project will be the first that the compan will undertake after receiving $500 million in capital from New York private equity firm Warburg Pincus.
(Dado Galdieri/Bloomberg)

Fatal explosion came during maintenance work

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The fatal explosion came nearly six months after federal drilling regulators warned that the facility had failed to maintain all equipment in a safe condition so as to ensure the protection of the lease and associated facilities.
(Derick E. Hingle/Bloomberg)

Feds probe fatal offshore blast

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Federal investigators are on the scene of a oil platform in the Gulf of Mexico that exploded on Thursday, killing one person and injuring three others.