Fuel Fix

windfarm

UK audit questions $28 billion of clean power projects

The U.K.’s National Audit Office said it’s not convinced the government decision to award 16.6 billion pounds ($28 billion) of contracts to eight clean-energy projects is worth the risk to taxpayers.  More »
Yellow oil barrels

Oil price steady after US spending grows weakly

The price of oil held steady on Friday as poor U.S. economic data raised the prospect of weak growth in energy demand while fears eased that fighting in Iraq would disrupt exports.  More »
Barbara Brown poses for a photo by the front step of her home that now sits about one foot off the surface of her lawn, Saturday, June 21, 2014, in Reno, Texas. Brown said that the top of the step once sat about four inches off the surface of her lawn. Brown said she believes the sinkholes on her property and the drop of her lawn have to do with natural gas drilling. (AP Photo/Tony Gutierrez)

Residents put pressure on fracking firms as quakes plague region

Earthquakes used to be almost unheard of on the vast stretches of prairie that unfold across Texas, Kansas and Oklahoma, but they’ve become common in recent years.  More »
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A visitor looks out towards a flare stack on the Oseberg A offshore gas platform operated by Statoil ASA in the North Sea 140kms from Bergen, Norway, on Friday, Jan. 17, 2014. (Kristian Helgesen/Bloomberg)

Statoil CEO warns ballooning costs may hamper recovery goals

Surging costs for drilling and maintenance risk hampering Statoil ASA’s goal to boost the recovery rate at its Norwegian offshore oil fields to 60 percent, Chief Executive Officer Helge Lund said.  More »
Arthur Perales III works on a gear reducer at the Weatherford rod-pump manufacturing plant Thursday, June 26, 2014, in Katy. (Brett Coomer/Houston Chronicle)

Video: Inside Weatherford’s new manufacturing center

Weatherford International’s newest manufacturing center in the region was built at a cost of about $100 million and is expected to employ 335 people by the end of next year.  More »
A BNSF Railway train hauls crude oil in Montana. (AP Photo/Matthew Brown, File)

Fed officials say oil train dangers extend past Bakken

Federal safety officials told senators that all crude rail shipments are flammable — not just the ones carrying Bakken Shale oil that have been involved in well-publicized accidents.  More »
(jimcrotty.com/Flickr)

California wind farm won’t have eagle death penalties

The Shiloh IV Wind Project will receive a special permit allowing up to five golden eagles to be accidentally killed, harmed or disturbed over five years.  More »
Oil facilities pop up from the shallow continental shelf in the Gulf of Mexico. More than five decades after the shallow waters of the Gulf were first explored, it is still being tapped. (Jennifer A. Dlouhy / Houston Chronicle)

House votes to expand offshore drilling

Even before the House voted 229-185 to force the federal government to allow offshore drilling off the South Carolina, Virginia and California coasts, lawmakers admitted the plan was going nowhere. But bill backers are hoping it will send a strong signal to the Obama administration that it should give oil and gas companies a chance to drill in Atlantic waters.  More »
OAO Lukoil's Leonid Fedun pauses during an interview at the company's headquarters in Moscow, Russia, on Wednesday, June 25, 2014. (Alexander Zemlianichenko Jr./Bloomberg)

Lukoil to build $30 billion cash pot after debt freeze

At Russia’s largest private-sector oil company, the Ukraine crisis is forcing a change of strategy.  More »
A Vantage Energy natural gas rig in southwest Arlington. (Star-Telegram/Paul Moseley)

Goldman says shale gas boom driving fear from market

Fears of gas shortages have dissipated since 2005. The U.S. Energy Information Administration forecasts natural gas prices will average below $5 through 2023 and less than $6 until 2030.  More »
Russell Girsh motions to his driller to turn the equipment on at an oil rig near Watford City, N.D. (AP Photo/Williston Herald, Jerry Burnes, File)

Oil boom fuels drop in age in Great Plains states

The United States is still growing older, but the trend is reversing in the Great Plains, thanks to a liberal application of oil.  More »
A placard warns of flammability on a tank car carrying crude oil near a loading terminal in Trenton, N.D. (AP Photo/Matthew Brown, File)

North Dakota discloses oil train shipment details

Transportation Secretary Anthony Foxx said a pattern of fiery accidents involving trains carrying crude from the Bakken region of North Dakota and Montana had created an “imminent hazard” to public safety.  More »
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