Obama to reject Keystone pipeline as political dance continues
Ah, election-year politics, where the issues matter far less than the theater. Enter the Keystone XL pipeline a conduit from Canada’s oil sands straight into an American political minefield. More »
Obama rejects Keystone pipeline as political dance continues (Updated)
(Updates with details of the administration’s decision.) Ah, election-year politics, where the issues matter far less than the theater. Enter the Keystone XL pipeline a conduit from Canada’s oil sands straight into an American political minefield. The Obama administration officially rejected the application for the pipeline, which would have brought crude oil from Canada to [...] More »
Steffy: Oil in, gasoline out, and U.S. benefits
For the first time in six decades, the U.S. is exporting more gasoline and diesel fuel than it imports. More »
Transocean shuffles executives as stock lags
Transocean, the world’s largest offshore rig owner, has a new chief financial officer, who’s actually an old chief financial officer. On Monday, Gregory Cauthen returned to the job he left more than a year ago. Cauthen replaced his successor, Ricardo Rosa, who resigned last week. Rosa will officially retire from the company in April. In [...] More »
Steffy: Other countries learning Macondo’s lessons
Other countries are learning the lesson from BP’s 2010 oil spill in the Gulf of Mexico. More »
Does it matter if the U.S. exports gasoline?
U.S. gasoline exports shouldn’t be an excuse for scuttling the Keystone pipeline More »
BP blasted by Norway’s regulator over offshore fire
Norway’s offshore safety regulator, investigating a fire last summer on BP’s Valhall platform, found “serious breaches” of regulations and ordered the oil company to overhaul is safety practices by Feb. 1. The fire, on July 13, stemmed from an overheated crane engine that caused a fire in the vent stack of the platform’s compressors, Dow Jones Newswires reported. More »
BP blasted by Norway’s regulator over offshore fire
Norway’s offshore safety regulator, investigating a fire last summer on BP’s Valhall platform, found “serious breaches” of regulations and ordered the oil company to overhaul is safety practices by Feb. 1. The fire, on July 13, stemmed from an overheated crane engine that caused a fire in the vent stack of the platform’s compressors, Dow [...] More »
As natural gas prices fall, shale drilling loses some luster
Shale drilling has, in some ways, become a victim of its own success. With natural gas now selling for less than $3 per million British thermal units, shale drillers have been looking for foreign investments and other tactics to keep drilling programs going. But at these prices, the more gas they produce only feeds the glut in the marketplace. More »
As natural gas prices fall, shale drilling loses some luster
Shale drilling has, in some ways, become a victim of its own success. With natural gas now selling for less than $3 per million British thermal units, shale drillers have been looking for foreign investments and other tactics to keep drilling programs going. But at these prices, the more gas they produce only feeds the [...] More »
Steffy: Pipeline and politics entwined
The Keystone XL pipeline is back – for all the wrong reasons. More »
Steffy: Airline fee hike exposes carbon trading flaws
Air fares may be going up again, and this time it’s so you can pay for airlines to continue belching carbon across Europe. More »
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