Fuel Fix

TOTAL S. A. CEO Christophe de Margerie speaks at the IHS CERAWeek energy conference in Houston on March 4, 2014. (Mayra Beltran/Houston Chronicle)

Total CEO dies in plane crash

Christophe de Margerie and three others died in Moscow when the CEO’s private jet collided with a snowplow who’s driver was drunk, Russian investigators said.  More »
(SAMAD/AFP/Getty Images)

WTI crude oil seen supported near $75 a barrel

Prices have tumbled more 20 percent from their June peak, meeting a common definition of a bear market.  More »
Exporting U.S. oil probably would cause domestic oil prices to rise, but reduce gasoline prices, the Government Accountability Office says.

Federal agency says oil exports would lower pump prices

Ending the United States’ longstanding ban against most crude exports could lift oil prices inside the country while decreasing the cost of gasoline, according to a Government Accountability Office report released Monday.  More »
Iraqi police officers protecting oil installations secure an oil pipeline from the Rumailah refinery, north of Basra, Iraq. Northern oil fields imperiled by the militants' advance have been shut down, and companies have begun evacuating workers elsewhere in the country. (AP Photo/Nabil al-Jurani, File)

Islamic State fuels terrorist operations with oil production

Oil production has provided the extremist Sunni group with a significant source of revenue, even though the Islamic State produces only a fraction of the oil capacity from the territory it controls and likely sells its oil at a deeply discounted price on the black market.  More »
tesoro

Tesoro Logistics to acquire Colorado company for $2.5 billion

The deal is expected to close by the end of the year.  More »
The Deepwater Horizon oil rig burned in the Gulf of Mexico in 2010. (AP Photo/Gerald Herbert, File)

Supreme Court denies Louisiana lawsuits against BP

The Supreme Court rejected an appeal Monday from 11 Louisiana parishes that wanted to revive their lawsuits over wildlife damage from the BP oil spill in the Gulf of Mexico in 2010.  More »
( Jason Alden/Bloomberg)

Louisiana utility company to be bought for $3.4 billion

Investors led by Australia’s Macquarie Group Ltd. agreed to buy Louisiana utility Cleco Corp. for $3.4 billion in cash, attracted by the steady, long-term returns of regulated power assets.  More »
Oil at $80 a barrel won't cast a shadow on most drilling in the Eagle Ford Shale, above, or other unconventional oil operations, analysts say. (Jerry Lara/San Antonio Express News)

Oil price could bite companies whose production made it cheaper

The companies that helped turn around the domestic oil supply situation now face lower profits because crude’s become so plentiful it’s getting cheaper.  More »
(AP Photo/Charlie Riedel)

Energy Department: U.S. must act now on methane emissions

The EPA and the Interior Department are considering a combination of regulations that would rein in methane, a power heat-trapping greenhouse gas.  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)

Government lags in measuring gush of U.S. crude

The federal Energy Information Administration relies on state agencies for data about oil production, sometimes two years late. For natural gas, the EIA is collecting data from an outdated survey of producers in five states that was designed before technological advancements opened up new plays across the country.  More »
photo via Royal Dutch Shell

Shell Midstream launches IPO

Royal Dutch Shell’s midstream partnership launched its initial public offering in New York Monday, the company announced Monday.  More »
(Jerry Lara/San Antonio Express-News)

Oil rout goes unnoticed in Eagle Ford shale

U.S. benchmark West Texas Intermediate oil has dropped 24 percent from its June high, but oil workers in the Eagle Ford shale can’t help but feel optimistic.  More »
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