Fuel Fix

(Photo: JOHN DAVENPORT/SAN ANTONIO EXPRESS-NEWS)

Norwegian oil industry faces mediation to avoid strike, output halt

Norwegian oil workers and employers will start mediation talks tomorrow to bridge differences and avoid a strike that threatens to halt about 115,000 barrels of oil a day  More »
(Photo: Williams Co.)

Williams buying rest of Access Midstream Partners for $6 billion

The purchase from Global Infrastructure Partners II will increase William’s ownership to 100 percent of the general partnership and 50 percent of the limited partnership, Williams said in a statement.  More »
(StockMonkeys.com)

Siemens said to be preparing bid to buy Alstom’s gas turbine unit

Siemens AG is preparing a bid for Alstom SA’s energy unit that would leave it with the French company’s gas turbines while allowing partners Mitsubishi Heavy Industries Ltd. and Hitachi Ltd. to expand their steam turbines and hydro businesses, people familiar with the matter said.  More »
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The mailbox of Joann Aramillo stands near an oil and gas rig on a well pad a few hundred yards away in New Castle, a small farming and ranching settlement on the Western Slope of the Rockies, in Colorado. Four in 10 new oil and gas wells near national forests and fragile watersheds or otherwise identified as higher pollution risks escape federal inspection, unchecked by an agency struggling to keep pace with America's drilling boom, according to an Associated Press review that shows wide state-by-state disparities in safety checks.

Four in 10 higher risk wells aren’t inspected by feds

Four in 10 new oil and gas wells near national forests and fragile watersheds or otherwise identified as higher pollution risks escape federal inspection, unchecked by an agency struggling to keep pace with America’s drilling boom.  More »
(Tom Reel/San Antonio Express-News)

Feds: Eagle Ford will lead shale production growth in July

The U.S. Energy Information Administration expects that the Eagle Ford Shale will produce 1.4 million barrels of crude oil and other liquids daily in July.  More »
Curtis Donaldson, managing director of CleanFUEL USA, stands with a company vehicle in a Houston parking lot. He founded the company in 1993 to make propane-fueled vehicles and pumps to fuel them. (Ryan Holeywell/Houston Chronicle)

Texas businessman sees promise in propane

The founder of Texas-based propane company CleanFUEL USA, which made news this year when it entered a major deal to supply UPS with 1,000 trucks and more than 50 fuel stations, explains why he sees promise in the alternative transportation fuel.  More »
Union Theological Seminary in New York City (Gryffindor derivative work: Fpo/Wikimedia Commons)

Seminary drops fossil-fuel investments to atone for ‘sin’

The esteemed, historic institution is the first seminary in the country to make such a move, according to its President Serene Jones.  More »
A masked Pershmerga fighter from Iraq's autonomous Kurdish region guards a temporary camp set up to shelter Iraqis fleeing violence in the northern Nineveh province. (AFP PHOTO/SAFIN HAMEDSAFIN HAMED/AFP/Getty Images)

Crude-export shutdown in Iraq unlikely, analysts say

International crude prices climbed to their highest point in 10 months on fears that sectarian violence in Iraq will spill into the south and cut off crude exports from the port at Basra, but that’s a highly unlikely scenario, experts said Friday.  More »
The Deepwater Horizon drilling rig burns in the Gulf of Mexico on April 21, 2010, the day after the blowout of BP's Macondo well. (Associate Press photo)

Date set for BP investors’ trial over spill losses

BP Plc investors claiming as much as $2.5 billion in market losses caused by company misrepresentations about the severity of the 2010 oil spill will make their case to a jury next May 18, a judge ruled today.  More »
The Maersk Developer drills an exploratory well into Statoil's Martin prospect, about 3,000 feet below the surface in the Gulf of Mexico. Two years ago, Statoil paid $157 million for the right to drill into a single 9-square-mile block at the site and the Norwegian company is now spending about $1.1 million a day to rent the Developer, supply the drilling rig and pay for other contractors. (Jennifer A. Dlouhy / Houston Chronicle)

Statoil’s big bet: Aboard the Maersk Developer (photos)

Statoil raised eyebrows when it won the rights to a Gulf of Mexico tract in a 2012 auction by pledging $157 million — more than five times higher than the nearest competitor. Two years later, the Norwegian oil giant has high hopes for the Martin project.  More »
(Nathan Lindstrom/For the Houston Chronicle)

Workers in key industries getting most pay raises

Oil and gas workers earned an average 11 percent more an hour in April than they did a year ago, according to the Bureau of Labor Statistics. That’s more than five times the average gain across all industries.  More »
A view of a support vessel and a smaller boat next to the illuminated Na Kika oil and natural gas production platform in the Gulf of Mexico. (BP)

Feds take first step toward new oil auctions

The Obama administration on Friday took the first step toward new offshore drilling sales three years from now, inviting the public to weigh in on what coastal acreage should be opened for oil and gas exploration.  More »
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