Fuel Fix

More oil rigs shut down this week

on
Categories: Crude oil, featured, Markets
The number of U.S. rigs chasing oil fell to a total of 646 this week, according to a weekly tally by oil service company Baker Hughes.
Alan Sadler

Feds’ plan to boost biofuel targets draws fire from all sides

on
In trying to balance the competing interests of oil companies and biofuel producers, the Environmental Protection Agency’s proposed renewable fuel quotas for 2014, 2015 and 2016 have pleased almost no one.

(Olivier Douliery/Abaca Press/MCT)

Documents show FBI illegally spied on Houston Keystone activists

on
The documents, about 80 pages obtained through a Freedom of Information Act request, show the investigation was opened in early 2013 after a meeting of the FBI and TransCanada. It was closed in June 2014 after the bureau failed to identify extremist activity amongst anti-Keystone demonstrators, the Guardian reports.
Categories: Keystone XL
Texas Capitol

Commentary: Energy Consumers and the 84th Texas Legislature

on
A quick update about a few bills of interest to energy consumers — and whether those bills are alive, dead or somewhere in between.
Categories: General

Richard Kinder at IHS Energy CERAWeek April 22, 2015 (Billy Smith II / Houston Chronicle)

Richard Kinder: Houston needs more public-private investment to attract talent

on
Speaking at the Urban Land Institute spring meeting in downtown Houston, Kinder touted the progress his Kinder Foundation has made with Houston’s Discovery Green, Buffalo Bayou Park, the Museum of Fine Arts and more.
An artist rendering of Cheniere Energy's proposed LNG export terminal in Corpus Christi.

Feds hand key LNG export license to Cheniere’s Corpus Christi project

on
With the move late Tuesday, the Energy Department is allowing Cheniere to export as much as 2.1 billion cubic feet per day of liquefied natural gas over the next 20 years from the planned facility to countries with which the United States does not have free trade agreements.
Categories: LNG, Politics/Policy
(Spencer Platt/Getty Images)

Analysts turn more optimistic on oil

on
$100 per barrel oil isn’t out of the question, said James West of Evercore ISI, as part of a range opinions presented today in Houston.
Categories: General
(Spencer Platt/Getty Images)

Canadian oil field services company cuts 2,000 jobs across North America

on
Oil-services companies are slashing jobs to cope with declining demand from drillers. Baker Hughes Inc., the oilfield-services company merging with Halliburton Co., has reduced about 17 percent of its workforce in recent months.
Categories: Canada, Crude oil
Brazil's President Dilma Rousseff (L) shakes hands with workers of Brazilian state-run oil giant Petrobras at Petrobras's shipyards in Rio de Janeiro, on September 11, 2013. (VANDERLEI ALMEIDA/AFP/Getty Images)

Brazil, Russia enter ring in U.S.-OPEC heavyweight fight

on
Contenders in the battle for oil market share include Russian oil companies, Brazil’s state-run Petrobras and oil fields in China and Southeast Asia, which have all pumped thousands of barrels into a global crude glut.
Categories: featured, Production, Shale