Fuel Fix

In this Dec. 17, 2014 photo, workers tend to oil pump jacks behind a natural gas flare near Watford City, N.D. Natural gas, the nation's most prevalent heating fuel, is getting cheaper just as winter is arriving because of mild temperatures and plentiful supplies. (AP Photo/Eric Gay)

U.S. oil output still barreling toward 45-year record

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U.S. oil production edged down in May and will likely continue swooning until early next year as plunging crude prices continue to pummel domestic producers, according to a new federal report.

U.S. oil output still barreling toward 45-year record

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In this Dec. 17, 2014 photo, workers tend to oil pump jacks behind a natural gas flare near Watford City, N.D. Natural gas, the nation's most prevalent heating fuel, is getting cheaper just as winter is arriving because of mild temperatures and plentiful supplies. (AP Photo/Eric Gay)
U.S. oil production edged down in May and will likely continue swooning until early next year as plunging crude prices continue to pummel domestic producers, according to a new federal report.
Low clouds blanket Anchorage, Alaska, east of downtown, on Friday morning, December 7, 2012. An optical illusion known as Fata Morgana distorts the view of the mountains west of Cook Inlet. Alternating warm and cold layers of air bend light to create the effect. (Marc Lester/Anchorage Daily News/MCT)

Hilcorp acquires Exxon Mobil subsidiary’s Alaska assets

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The new deal is part of Hilcorp’s expansion in the state. The company arrived four years ago and has since become a major player in oil and gas in Cook Inlet and the North Slope.
Categories: featured, General

Maersk Developer platform in Gulf of Mexico

Maersk Oil to lay off a fourth of Houston staff

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Diminishing returns in Brazil and the Gulf of Mexico have pushed Maersk Oil to cut a quarter of the jobs at its Houston office.
(Valero Energy photo)

Gulf Coast to benefit from refinery retrofits

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Refiners are scrambling for ways to process newly abundant light crude from U.S. shale, and much of their construction and retrofitting investment will be on the Gulf Coast.
Categories: Crude oil, General, Refining

Houston-based Blue Dolphin Energy's refinery in Nixon 54 miles east of San Antonio gets all its crude from the nearby Eagle Ford Shale.

Eagle Ford wave lifts Blue Dolphin Energy refinery

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Houston-based Blue Dolphin Energy is turning a p;rofit on a refinery east of San Antonio that gets all its feedstock from the Eagle Ford Shale.
Categories: Eagle Ford, General, Refining
Cleanup is underway near the Beckjord Power Plant, in New Richmond, Ohio, after an estimated 5,000 to 8,000 gallons of fuel oil spilled into the Ohio River, closing about a 15-mile section of the waterway southeast of Cincinnati, on Tuesday. (AP Photo/The Cincinnati Enquirer, Amanda Rossmann)

Officials say oil spill sheen dissipating in Ohio River

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The U.S. Environmental Protection Agency is coordinating the response to the spill, which occurred at a Duke Energy power plant near Cincinnati.
Categories: Accidents, Environment
Endicott was the first continuously producing offshore field in the Arctic and located about 3 miles offshore on Alaska’s North Slope.  (BP)

Voters go with oil companies in fight over Alaska taxes

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Alaskans narrowly defeated an effort to repeal an industry-friendly oil tax regime adopted last year.
This photo taken on Sunday, Aug. 17, 2014, and provided by Robert A. Franco, shows a billboard in Coshocton, Ohio opposing deep-injection wells . Michael Boals, an Ohio man who uses a biblical reference and a statement against “poisoned waters” on billboards opposing local deep-injection wells is fighting a legal threat from the Texas well owner on grounds he’s exercising his free speech. (AP Photo/Robert A. Franco)

Brine firm sues over biblical fracturing billboard

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The complaint by the company contends the wells are safe, legal and meet all state safety standards.
(epSos.de/Flickr)

Crude prices rise as supply dips

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Oil prices generally rebounded Wednesday as a report by the U.S. Energy Information Administration indicated that supplies of crude oil fell through the week ending Aug. 15.
Categories: Crude oil, General