Fuel Fix

BPsign

Ex BP-employee settles US insider-trading charges

A former BP employee who was a coordinator during the 2010 oil spill in the Gulf of Mexico has agreed to settle federal charges of using confidential information on the seriousness of the spill to profit illegally from trading in BP stock.  More »
Actor Jared Leto during the 2014 MTV Movie Awards at Nokia Theatre L.A. Live on April 13, 2014 in Los Angeles. (Jason LaVeris/FilmMagic)

How Hollywood helps Keystone foes in the pipeline battle

Having Hollywood stars and former heads of state on your side doesn’t assure success, but it can help “build up public concern and real outrage,” said Larry Noble, a counsel at the Campaign Legal Center.  More »
A drilling rig stands over a natural gas well near Interstate 70 west of Rifle, Colo. (AP Photo/David Zalubowski)

Oil industry launches new ad campaign

The oil industry’s leading trade group broadened its pitch beyond the Beltway on Thursday, rolling out new advertisements and a series of state polls highlighting widespread support for domestic energy development from New York to Nevada.  More »
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baker hughes walking rig

Baker Hughes profits up 23 percent

Oilfield servicer Baker Hughes reported a 22.8 percent increase in profits in the first quarter, citing efficiency gains and growing demand for its technology.  More »
(Andrey Rudakov/Bloomberg)

Shell expresses optimism, caution on future of massive proposed plant

A plan to build a huge new petrochemical plant in western Pennsylvania is making progress, Shell Oil Co. officials said Wednesday — but there’s still no guarantee the multi-billion dollar project will actually be constructed.  More »
(Image: Fotolia)

Pipeline firms with high fees borrow to pay investors

Most businesses focus on profits. The energy infrastructure companies known as master limited partnerships are all about cash.  More »
A sign tower reaches toward the sky at the entrance to Schlumberger's Sugar Land campus. (AP file photo/Pat Sullivan)

Schlumberger boosts profit as oil explorers seek technology edge

Rising demand for more advanced oilfield technology to tap hard-to-reach crude around the world spurred a record first-quarter profit for Schlumberger Ltd.  More »
Demonstrators hold hands while surrounding the White House during a Keystone XL tar sands oil pipeline protest in Washington, D.C. (Andrew Harrer/Bloomberg)

Former US president joins opposition to Keystone XL

In an open letter to President Barack Obama and Secretary of State John Kerry, the former president insisted that approving the pipeline would trigger “more climate upheaval” around the globe.  More »
(Eddie Seal/Bloomberg)

Industry opposes push to tighten oil field safety rules

More than a dozen oil companies and trade groups have lined up to oppose plans to broaden the federal government’s oversight of safety practices at wells, saying existing standards are enough to protect workers nationwide.  More »
Kinder Morgan Energy Partners Pasadena terminal. (Photo:Kinder Morgan Energy Partners)

Kinder Morgan reports drop in first-quarter earnings

Kinder Morgan Energy Partners first quarter profits were down 4.7 percent, the company announced Wednesday, but officials were upbeat that growing demand for natural gas would be a boon for the company.  More »
Yellow oil barrels

Oil flat near $104 despite huge stock build

More concerns about that Russia’s response to the upheaval in the Ukraine cushioned the price drop.  More »
Ford f-150 compressed natural gas

Sales results for natural gas-powered F-150 draw mixed reactions

Early sales numbers show that the public isn’t exactly clamoring for an F-150 powered by compressed natural gas.  More »
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