Fuel Fix

Chevron's massive deep water offshore platform is headed to the Gulf of Mexico where it is expected to begin production this year. (Chevron)

Exxon, Chevron clear to bid on Mexican shallow-water blocks

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Mexico forecasts that the opening of the energy industry will bring in $62.5 billion in private investment by 2018 and increase its annual oil output by 500,000 barrels a day in that time.

Exxon, Chevron clear to bid on Mexican shallow-water blocks

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Chevron's massive deep water offshore platform is headed to the Gulf of Mexico where it is expected to begin production this year. (Chevron)
Mexico forecasts that the opening of the energy industry will bring in $62.5 billion in private investment by 2018 and increase its annual oil output by 500,000 barrels a day in that time.
FILE - This Oct. 11, 2013 file photo shows cleanup at the site of an oil pipeline leak and spill near Tioga, N.D. (AP Photo/Kevin Cederstrom, File)

Cleanup of oil spill at ND farm to take 2 more years

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“It’s now just become part of our lives,” Patty Jensen said of the massive spill from a Tesoro Corp. pipeline that was discovered in September 2013 by her husband.

windfarm

UK audit questions $28 billion of clean power projects

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The U.K.’s National Audit Office said it’s not convinced the government decision to award 16.6 billion pounds ($28 billion) of contracts to eight clean-energy projects is worth the risk to taxpayers.
Categories: Finance/Earnings, Wind

Talkin’ ‘Bout Mo’ Generation

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Just as I tweet my favorite articles so that I have a filing place for them (Twitter is awesome for so many reasons, don’t get me started…), I use my desktop to store all my favorite graphics. And it is way too cluttered. So in my quest to make it more minimal and zen, here […]
Categories: Coal, Electricity, Europe, Solar, Wind

Yellow oil barrels

Oil price steady after US spending grows weakly

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The price of oil held steady on Friday as poor U.S. economic data raised the prospect of weak growth in energy demand while fears eased that fighting in Iraq would disrupt exports.
Categories: Crude oil, Markets
Barbara Brown poses for a photo by the front step of her home that now sits about one foot off the surface of her lawn, Saturday, June 21, 2014, in Reno, Texas. Brown said that the top of the step once sat about four inches off the surface of her lawn. Brown said she believes the sinkholes on her property and the drop of her lawn have to do with natural gas drilling. (AP Photo/Tony Gutierrez)

Residents put pressure on fracking firms as quakes plague region

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Earthquakes used to be almost unheard of on the vast stretches of prairie that unfold across Texas, Kansas and Oklahoma, but they’ve become common in recent years.

Comstock announces Eagle Ford ‘east’ well

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Comstock Resources Inc. announced that its first well on the eastern end of the Eagle Ford Shale was tested at 1,267 barrels of oil equivalent per day. The company said that the Henry A #1H well in Burleson County was tested at a peak 24-hour average production rate of 1,023 barrels of oil and 1.5 million […]
Categories: Uncategorized
(Kristian Helgesen/Bloomberg)

Statoil CEO warns ballooning costs may hamper recovery goals

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Surging costs for drilling and maintenance risk hampering Statoil ASA’s goal to boost the recovery rate at its Norwegian offshore oil fields to 60 percent, Chief Executive Officer Helge Lund said.
Categories: Europe
Arthur Perales III works on a gear reducer at the Weatherford rod-pump manufacturing plant Thursday, June 26, 2014, in Katy. (Brett Coomer/Houston Chronicle)

Video: Inside Weatherford’s new manufacturing center

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Weatherford International’s newest manufacturing center in the region was built at a cost of about $100 million and is expected to employ 335 people by the end of next year.