Fuel Fix

(StockMonkeys.com/Flickr)

Algeria oil corruption trial begins after 5-year delay

In a packed courthouse that included the ambassadors of Italy, the U.S. and Germany, prosecutors read out the charges against former head of Sonatrach, Mohammed Meziane, his two sons, and 16 other company officials.  More »
Delegates attend an economic conference, in Sharm el-Sheikh, Egypt, Saturday, March 14, 2015. Egypt raked in promises of more than $12 billion in investment and aid from its Gulf Arab allies on Friday, kicking off an international conference aimed at rescuing the country's gutted economy and giving a political boost to its soldier-turned-president. President Abdel-Fattah el-Sissi made his case for the world's support, depicting Egypt as vital to regional stability and a bulwark against Islamic militancy. (AP Photo/Hassan Ammar)

Businesses upbeat on Egypt’s chances at investment meeting

Saturday’s focus shifted to the private sector, with several companies announcing agreements, including some from Germany’s Siemens AG that were the largest single package signed at the three-day conference.  More »
Oil flows out of the top of the transition spool, which was placed into the gushing Macondo wellhead at the site of the Deepwater Horizon oil spill in the Gulf of Mexico in July 2010. AP Photo/BP PLC, File)

U.S. appeals part of ruling in BP spill case

The judge’s decision that shaved more than $4 billion off the maximum pollution penalties BP must pay.  More »
Find a Better Job with
Job Seekers
Employers
Powered by Monster ®
(AP Photo/Skagit Valley Herald, Scott Terrell)

After oil spills, feds order valve replacements on 6,000 tank cars

The Federal Railroad Administration on Friday ordered the owners of an estimated 6,000 tank cars to replace unapproved valves that have caused oil to leak from trains heaving crude.  More »
Israeli Prime Minister Benjamin Netanyahu chairs a weekly cabinet meeting at his Jerusalem office in March 2015.  (AP Photo/Gali Tibbon, Pool)

Senators push oil-supply pact with Israel

Senators want the United States to renew a longstanding pledge to supply Israel with crude if the country’s oil supplies are interrupted.  More »
The Strategic Petroleum Reserve  site in Freeport uses salt domes underground to store the oil. (Houston Chronicle file photo)

Feds to buy 5 million barrels of oil for emergency stockpile

The planned purchase of sweet crude between June 1 and July 31 is required by federal laws forcing the Department of Energy to buy back petroleum products within one year, using the proceeds from a test sale.  More »
The Texas Panhandle sky silhouettes a Linn Energy drilling rig in Wheeler County. (Linn Energy)

Rig count keeps falling

Data from oil field service company Baker Hughes showed that the number of rigs chasing crude oil rig fell by 56 to 866 this week, its lowest level since March of 2011.  More »
(Sam Chill/Flickr)

Commentary: Progress seen on solar front

Here are some signs of solar progress being made across the globe.  More »
(Photo by Andrew Burton/Getty Images)

Oil could fall again if U.S. crude clutters storage, IEA says

The International Energy Agency says stable oil prices in recent weeks could be a mirage, as the market hasn’t finished shedding a global glut in crude supplies.  More »
baker hughes walking rig

Texas Petro Index falls as oil and gas activity continues to suffer

Every economic indicator measured by the index fell in January, the report indicated.  More »

State lawmakers introduce demand response bill

State lawmakers introduced a bill yesterday that would make it easier for companies to pay electric customers who agree to reduce their power use when demand strains the grid.  More »
(AP Photo/Al Grillo)

Alaska House advances operating budget with broad cuts

The budget advanced includes $273.8 million less for agency operations compared with the current fiscal year.  More »
(AP Photo/Xinhua, Jin Liangkuai)

CGG open to Technip partnership after spurning takeover approach

CGG has lost more than half its market value in the past year as oil majors including Total SA slash spending on exploration.  More »
http://fuelfix.com/wp-admin/post-new.php#

IEA sees China, India filling strategic reserves with cheap oil

The two nations are building emergency stockpiles with millions of barrels of crude that mirror the reserves of oil and refined products that the U.S. and its western allies amassed after the first oil crisis of 1973 to 1974.  More »
(AP Photo/Seth Perlman)

What to do if you lose your energy job

Some experts predict upstream oil and gas job cuts in Texas could reach 50,000. An energy sector recruiter explains what laid off workers should do to boost their job prospects.  More »
Page 22 of 1,237« First...10...2021222324...304050...Last »