Tag: energy

Federal government backs solar military project

The federal government on Wednesday tapped San Mateo’s SolarCity for the largest residential solar project in history, a $1 billion effort to install panels at 124 U.S. military bases during the next five years.  More »

NuStar to add to pipelines in deal with Valero

NuStar Energy LP and Valero Energy Corp. have agreed that NuStar will add to its pipeline system to enable Valero to transport more crude oil from the rapidly developing Eagle Ford shale to three of its South Texas refineries.  More »

Republican says Arctic drilling can help cut deficit

The congressional super committee searching for ways to pare at least $1.2 trillion from the federal deficit should open up the Arctic National Wildlife Refuge for oil and gas drilling instead of increasing taxes, a top House Republican said Wednesday.  More »

Steffy: “BP needs to hear ‘noise’”

Sometimes, the noise can’t be tuned out. BP’s chief executive, Robert Dudley, sent a memo to company employees last week saying that management would not be “overly distracted by short-term noise.”  More »

Retail gasoline prices up penny in Texas

Retail gasoline prices have gone up a penny this week across Texas.  More »

Nobel Prize winners write Obama opposing TransCanada’s pipeline

Archbishop Desmond Tutu, the Dalai Lama and six other Nobel Peace Prize winners urged fellow laureate, President Barack Obama, to reject TransCanada Corp.’s proposed $7 billion pipeline across six U.S. states.  More »

Consol sells Utica Shale rights in Ohio to Hess Corp. for $593M

Consol Energy Inc. says it’s sold Utica Shale gas exploration and development rights in Ohio to Hess Corp. for $593 million.  More »

NY regulators: Marcellus could generate 55K jobs

Natural gas production in New York’s part of the Marcellus Shale could bring up to 24,795 full time drilling-related jobs and more than 29,000 jobs in other parts of the economy, according to an environmental and economic impact study released today by the Department of Environmental Conservation.  More »

Mad Dog and Englishmen

BP has doubled the estimated reserves for its Mad Dog field in the Gulf of Mexico, after an appraisal well in an untested part of the field revealed even more oil than the British oil giant previously estimated.  BP now estimates Mad Dog may hold as much as 4 billion barrels of oil equivalent. That, [...]  More »

GOP pipeline bill would block safety reforms

House Republicans are proposing pipeline legislation that safety advocates say would block or undermine needed reforms after several accidents over the past year.  More »

A tale of two oils

In my column last week about the Keystone XL Pipeline, I discussed how the price spread between West Texas Intermediate and Brent crude indicated the need for more pipeline capacity between the Midwest and the Gulf Coast. At the moment, Brent — which is basically the global price for oil — is about $113 a [...]  More »

China’s Cabinet orders ConocoPhillips spill probe

China’s top leaders have ordered an investigation into oil spills in China’s Bohai Bay that have drawn intense criticism from marine authorities and environmentalists, adding to pressures on oil field operator ConocoPhillips.  More »