Fuel Fix

Emissions from flaring, or burning of natural gas, methane and hydrogen sulphide associated with oil production, have risen in each of the last three years. Lucas Schifres/Bloomberg

Residents near gas wells twice as likely to report symptoms, study finds

Researchers found that residents living near Marcellus Shale natural gas wells were more likely to report rashes, sinus problems, coughs, sore throats, itchy eyes, nose bleeds and stuffy noses than those who lived farther away.  More »
Texas Railroad Commissioner David Porter. (photo courtesy of Texas Railroad Commission)

Texas oil regulator wields rhetorical sword against industry enemies

Texas Railroad Commissioner David Porter sees a threat to the state’s booming oil industry from invading Islamists, Russian propaganda and Barack Obama.  More »
BP CEO Bob Dudley (AP file photo/Alastair Grant)

BP, Shell chiefs speak out against Scottish independence

The CEO of BP warned that Scotland’s push to splinter off from the United Kingdom could upset the fiscal stability underpinning oil operations in the North Sea.  More »
Emissions from flaring, or burning of natural gas, methane and hydrogen sulphide associated with oil production, have risen in each of the last three years. Lucas Schifres/Bloomberg

Statoil, partners expand effort to put flared natural gas to use

Statoil, GE and Ferus Natural Gas are expanding use of technology designed to fuel oil field equipment with natural gas that otherwise would be flared off into the atmosphere.  More »
Dow Chemical's petrochemical complex in Freeport is one of the largest in the world. (Dow Chemical)

Shale boom boosts diverse group of refining, LNG, petrochemical interests

Unlike the first wave of investment, which gave the biggest boost to smaller independent oil companies that got an early start in shale plays, the manufacturing resurgence will involve a diverse set of players, including chemical giants like Dow Chemical and LyondellBasell, which are planning to expand their capacity along the Gulf Coast, and midstream companies hoping to export LNG, according to a report by the Deloitte Center for Energy Solutions  More »
AUSTRIA-OPEC-COMMODITIES-ENERGY-OIL

OPEC cuts demand outlook by most in three years on shale

The change implies that OPEC’s 12 members would need to cut output by about 1.1 million barrels a day from the 30.3 million they produced in August.  More »
Former National Economic Council Lawrence Summers  (AP Photo/J. Scott Applewhite)

Former Obama aide makes case for oil exports

Former White House economic adviser Larry Summers on Tuesday insisted that the U.S. should lift its decades-old ban on exporting crude, arguing that the policy is a relic of the1970s that is holding back the United States’ potential.  More »
Yellow oil barrels

Oil prices see steady decline as demand remains weak and production strong

Prices for crude oil have been in a steady slide for months thanks to a combination of anemic oil demand growth and a tide of growing production that hasn’t been slowed by international conflicts.  More »
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Brent crude narrows premium over West Texas benchmark

Brent for October settlement fell $1.04, or 1 percent, to $99.16 a barrel.  More »
(Photo: Flickr/Jhy Turley)

Natural gas industry unveils security program

A new program led by natural gas utilities could help improve the safety of their infrastructure by allowing them to more effectively share information about the threats they’re facing.  More »
Kenneth Feinberg (AP file photo/Josh Reynolds)

Original oil claims boss sides with BP in Supreme Court fight

The man who was in charge of BP’s original oil spill fund has urged the U.S. Supreme Court to require claimants to prove their losses were tied to the 2010 disaster.  More »
In this March 29, 2013  photo, workers tend to a well head during a hydraulic fracturing operation at a gas well  in Colorado.  (AP photo/Brennan Linsley)

Long supply chain keeps oil industry pumping

America’s energy renaissance isn’t brought to you by Big Oil. That’s the message the American Petroleum Institute is delivering with a new report that shines a spotlight on the nearly 30,000 businesses that supply the oil and gas industry with equipment and services.  More »
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