Fuel Fix

glam-derricks

The oil patch palette

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Categories: featured, General
A couple of years ago we presented some examples of how the grit and steel of the oil field can take on its own beauty in the hands of a skilled photographer or digital artist.

The oil patch palette

on
Categories: featured, General
glam-derricks
A couple of years ago we presented some examples of how the grit and steel of the oil field can take on its own beauty in the hands of a skilled photographer or digital artist.
(ALEXANDER KLEIN/AFP/Getty Images

OPEC split on need for long-term oil-price forecasts

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The disagreement reflects internal divisions over whether OPEC policy should focus on prices or the stability of the oil market.

Photographer: Andrey Rudakov/Bloomberg

Commentary: A Potential Turning Point in Commodities?

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Part of life is accepting your shortcomings, and trying to move beyond them. For example, I have had to come to terms with the fact I will never be able to dunk, or write ‘citizen’ without questioning its spelling. (Every single time). When it comes to trading, there is a limitation known as cognitive dissonance, […]
Categories: Crude oil
The Clovelly storage hub of the Louisiana Offshore Oil Port system (Bloomberg)

Louisiana Offshore Oil Port storage center getting bigger

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The hub receives domestic and international crude via ships and pipelines, temporarily storing the oil before sending it on to U.S. refineries. The Clovelly Hub receives oil from wells in Texas, the Gulf of Mexico and the U.S. mid-continent.
Irene Nafuna Muloni, Uganda's minister of energy and mineral development, speaks at the IHS CERAWeek conference in Houston on March 4, 2014. (Mayra Beltran/Houston Chronicle)

Uganda lists 16 firms eligible to bid for oil exploration

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Uganda’s first oil licensing round is being watched by activists who hope the oil blocks will eventually go to firms with strong social and environmental track records.
Pudong, the new financial center of Shanghai, China, is seen at night, May 6, 2002. (AP Photo/Eugene Hoshiko).

OPEC: Expect slow Chinese growth next year amid yuan devaluation

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In its monthly oil market report on Tuesday, the 12-member Organization of Petroleum Exporting Countries said China’s economy, the world’s second-largest consumer of oil, is estimated to grow 6.5 percent next year, lower than this year’s 6.9 percent growth.
Categories: Crude oil
Constellation Energy's coal-fired Brandon Shores power plant in Anne Arundel County, Md., Jan 15, 2012. (Shannon Jensen/The New York Times)

Constellation expands with new business in Houston and Dallas

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The move by Constellation, which is a subsidiary of Chicago-based Exelon Corp., comes at a time when more power generation companies are expanding their home retail businesses and services. Houston-based Calpine power company is buying Champion Energy Services and NRG Energy already has brands like Reliant and more.
(Eddie Seal, Bloomberg News)

Report: Eagle Ford production to slip in September

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Oil production from the Eagle Ford Shale in South Texas will dip again in September, according to the latest report from the U.S. Energy Information Administration. Production of crude oil and the light oil condensate is expected to slide by 56,000 barrels daily, to around 1.48 million barrels per day. It will be the sixth
Categories: General
The Lake Hubbard Power Plant near Dallas, owned by Energy Future Holdings on Feb. 28, 2012. (Allison V. Smith/The New York Times)

Energy Future Holdings looks to unload Oncor to Hunt-led consortium

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Energy Future Holdings, which filed for bankruptcy protection more than a year ago, also owns Luminant power company and TXU Energy and has long considered selling Oncor in order to help right itself financially. Energy Future Holdings owns 80 percent of Oncor.