Illinois governor signs tough fracking regulations into law
Illinois Gov. Pat Quinn signed legislation giving the state the nation’s strictest regulations for high-volume oil and gas drilling. More »
EIA: US daily crude supply could surge to 10M barrels by 2040
Domestic oil production could reach more than 10 million barrels per day by 2040, with nearly half of these supplies coming from unconventional plays, according to a government report released Friday. More »
Citgo names new president and CEO
Citgo Petroleum Corp. has named Nelson P. Martínez as president and CEO, bringing in a new leader for the U.S.-based refining and retail arm of Venezuela’s state-owned oil company. More »
Companies growing focus on cutting energy use
Globally, 64 percent of organizations in a recent study reported they had carbon reduction goals in 2013 and 73 percent had energy reduction goals. More »
After a slow rise, solar starts to shine
Solar power makes up just a sliver of the renewable power flowing to the Texas electric grid, but it had the largest rate of growth last year, increasing by 265 percent to 133,642 megawatt-hours. More »
Economist: Climate change a financial threat to oil companies
Energy companies are facing the prospect of physical and financial losses because of climate change, and the oil industry needs to take the threat more seriously, the chief economist of the International Energy Agency said Friday. More »
Q&A: Execs discuss Kinder Morgan’s newest ‘toll road’
Kinder Morgan Energy Partners launched a new business this week, investing in coal and other mineral reserves. Richard Whiting, who joined as president of Kinder Morgan Resources after more than three decades in the coal business, spoke with FuelFix about the new business More »
14 ways to slim your power bill this summer
Summer hasn’t started yet, but the heat has. Here are some lesser-known tips for conserving electricity and shaving dollars off of your utility bill. More »
Gulf Coast diesel exports to rise as production hits 23-year high
A Bloomberg News survey shows diesel cargoes booked for export from the Gulf Coast to Europe is set to climb as production of distillate fuel oils in the region hit the highest level since at least January 1990. More »
Study: Exports will have significant impact on US natural gas price
Henry Hub natural gas prices will become far more volatile and influenced by global market conditions once the United States begins to export liquefied natural gas, according to a new study released by the PIRA Energy Group. More »
Using Greek yogurt to produce power
The Greek yogurt boom has meant more whey. While yogurt makers commonly ship the watery byproduct back to farms for use as feed and fertilizer, it also is being used to generate power in several places. More »
Moody’s: ‘Risk of a dry hole has fallen nearly to zero’
Strong capital markets and readily available financing will fuel rapid growth for independent oil companies over the next year, as they funnel investment into unconventional plays, says research firm Moody’s. More »
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