Fuel Fix

Endicott was the first continuously producing offshore field in the Arctic and located about 3 miles offshore on Alaska’s North Slope.  (BP)

Voters go with oil companies in fight over Alaska taxes

Alaskans narrowly defeated an effort to repeal an industry-friendly oil tax regime adopted last year.  More »
This photo taken on Sunday, Aug. 17, 2014, and provided by Robert A. Franco, shows a billboard in Coshocton, Ohio opposing deep-injection wells . Michael Boals, an Ohio man who uses a biblical reference and a statement against “poisoned waters” on billboards opposing local deep-injection wells is fighting a legal threat from the Texas well owner on grounds he’s exercising his free speech. (AP Photo/Robert A. Franco)

Brine firm sues over biblical fracturing billboard

The complaint by the company contends the wells are safe, legal and meet all state safety standards.  More »
(epSos.de/Flickr)

Crude prices rise as supply dips

Oil prices generally rebounded Wednesday as a report by the U.S. Energy Information Administration indicated that supplies of crude oil fell through the week ending Aug. 15.  More »
(StockMonkeys.com)

Uncle Sam to collect $110 million from offshore oil auction

Oil and gas companies are set to pay the government $110 million in high bids for leases in the western Gulf of Mexico, after an auction Wednesday that underscored the industry’s interest in deep-water territory.  More »
David Lawler was named CEO of BP's U.S. lower 48 onshore business on Wednesday, August 20.

BP names CEO of U.S. onshore business

BP has tapped David Lawler, a former top executive at an independent oil producer, to lead the U.S. onshore unit it plans to separate early next year.  More »
Flares like this one in North Dakota burning off excess natural gas  might be less frequent if a new company successfully develops its process for turning methane into gasoline.  (Daniel Acker/Bloomberg)

Saudi Aramco invests $30 million in methane-to-gasoline startup

Siluria Technologies has received $100 million investment in its effort to develop a more efficient process for making gasoline from methane–the main component of natural gas, which is so plentiful in the United States now that some is burned off in flares because it isn’t marketable.  More »
Berkshire Hathaway Chairman and CEO Warren Buffett uses a super large bat as he plays table tennis against junior champion Ariel Hsing, outside the Berkshire-owned Borsheim's jewelry store, in Omaha, Neb., Sunday, May 2, 2010. Tens of thousands came to Omaha over the weekend to take part in the annual Berkshire Hathaway shareholders meeting.(AP Photo/Nati Harnik)

Warren Buffett pulls back on oil company investments

Warren Buffett showed the energy industry his gloomy side in the second quarter.  More »
Photo: Timothy A. Clary/AFP/Getty Images

14 companies bid for western Gulf leases

Federal officials on Wednesday will open sealed bids from 14 companies vying for new oil and gas leases in the western Gulf of Mexico.  More »
BHP Billiton CEO Andrew Mackenzie speaks at the IHS CERAWeek energy conference in Houston on March 4. (Mayra Beltran/Houston Chronicle)

BHP plans asset split, posts $13.8 billion profit

“Our operational performance continued to improve,” said CEO Andrew Mackenzie.  More »
Canadian Transportation Safety Board Chair Wendy Tadros, right, and TSB Chief Operating Officer Jean Laporte, address the media during a news conference Tuesday in Lac-Megantic, Quebec, where the board released its report on the deadly Lac-Megantic train derailment in July 2013.  (AP Photo/The Canadian Press, Paul Chiasson)

Investigators release Quebec train disaster report

Wendy Tadros said 18 factors played a role, including a rail company that cut corners and a Canadian regulator that didn’t do proper safety audits.  More »
Natural Resource Partners LP will acquire Philadelphia-based VantaCore Partners LP, which has sand, gravel and asphalt businesses across the country, for $205 million (Flickr/pikkuanna)

Houston’s NRP buys construction materials business for $205 million

Natural Resource Partners LP, a Houston-based master limited partnership that buys and manages mineral reserves, will acquire Philadelphia-based VantaCore Partners LP for $205 million, it announced Tuesday.  More »
Oil Barrels

West Texas crude at 7-month low

September crude dropped 2 percent while October decreased 1 percent.  More »
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