Fuel Fix

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IEA: Unconventional oil revolution to spread beyond North America by 2019

The surge in oil and production from unconventional sources will likely spread beyond North America by the end of the decade, according to a study published Tuesday by the International Energy Agency.  More »
handshake  behind a corporative building.Great for any design.

Southcross-TexStar deal focuses on Eagle Ford midstream

Southcross Energy LLC is buying a large part of TexStar Midstream Services – a midstream combination that will include 3,700 miles of pipeline, four processing plants and three fractionation facilities in the Eagle Ford Shale region.  More »
(AP Photo/Seth Perlman)

Gasoline at US pumps set to hit six-year seasonal high

Gasoline in the U.S. climbed this week, boosted by a surge in oil, and is expected to reach the highest level for this time of year since 2008.  More »
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Drill pipe sections lie stored near an oil derrick operated by Salym Petroleum in Salym, Russia. Through its existing oilfields, Russia is the world’s largest producer of crude, with daily output of 10 million barrels a day last year, according to the EIA. (Andrey Rudakov/Bloomberg)

Russia needs US tech to unlock $8.2 trillion oil trove

Russia will require Western companies to provide the modern drilling and production gear — and techniques such as hydraulic fracturing — that are essential to unlocking its $8.2 trillion worth of barrels still underground.  More »
The "Norman Lady" delivers liquefied natural gas to the Dominion Natural Gas Plant's offshore docking facility in Cove Point, Md., in 2003.  (AP Photo/ Matt Houston)

Manufacturers want more time on natural gas exports

A coalition of manufacturers and other industrial users of natural gas is asking the Obama administration for more time to review its latest plan for vetting proposals to sell the fossil fuel overseas.  More »
(Photo: freegreatpicture.com)

Noble Energy acquires interest in BP Gulf of Mexico leases

Noble Energy Inc. acquired 50 percent of BP’s interest in 17 Gulf of Mexico leases, it announced Monday.  More »
Former Secretary of State Hillary Rodham Clinton addresses the American Jewish Committee (AJC) Global Forum in Washington. (AP Photo/Cliff Owen)

Hillary Clinton weighs in on Keystone XL pipeline

Former U.S. Secretary of State Hillary Rodham Clinton said Monday that the proposed Keystone XL pipeline shouldn’t be seen as a proxy for the relationship between Canada and the United States.  More »
A beachgoer in June 2010 enjoys a morning walk in Pensacola, Fla., as crews work to clean up oil from the Deepwater Horizon spill. Some workers allege they were sickened by chemicals used to clean up the spill. Photo: Billy Smith II / Houston Chronicle

Texas company’s lawsuit accuses BP of breaking spill cleanup contract

Fluor Corp. is taking BP to court over millions in workers’ compensation claims it alleges the London oil company hasn’t repaid for three years, violating a contract that covered Fluor’s litigation costs for cleanup efforts after the Deepwater Horizon disaster.  More »
A pickup truck drives down a road of the Homer City Generating Station in Homer City, Pa. (AP Photo/Keith Srakocic, File)

The reality behind Obama’s power plant pollution limits

President Barack Obama’s new pollution limits for power plants have set off an avalanche of information about what the rules will cost and how far they will go toward curbing climate change. One problem: Almost none of it is based in reality.  More »

Shell to sell stake in Australia’s Woodside for $5 billion

Shell flagged last year that it would eventually sell its 23 percent holding in Australia’s second-largest oil and gas producer because it was no longer strategic.  More »
Cheniere Energy plans is adding LNG export capacity to the existing Sabine Pass import terminal in Louisiana. (Cheniere Energy Inc./Bloomberg)

Cheniere may not have an easy road on compensation lawsuit

Cheniere Energy may face a tough fight al battle over $1.6 billion in compensation investors claim in a lawsuit should be returned.  More »
This image made from video shows Kurdish Peshmerga security forces fighting militants from the al-Qaida inspired Islamic State of Iraq and the Levant (ISIL) in Tel Al Wared, 20 kilometers west of Kirkuk, Iraq on Saturday, June 14, 2014.  (AP Photo via AP video)

Iraq turmoil feeds calls for Keystone XL and crude exports

Unrest in Iraq helps make the case that U.S. regulators should authorize crude exports as well as the controversial Keystone XL pipeline, the head of the oil industry’s leading trade group said Monday.  More »
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