Fuel Fix

Former Florida Gov. Jeb Bush, Dr. Ben Carson, and New Jersey Gov. Chris Christie stand on the stage prior to the Voters First Presidential Forum for Republicans at Saint Anselm College August 3, 2015 in Manchester, New Hampshire. (Photo by Darren McCollester/Getty Images)

Energy industry lobbying arm lays out wish list for White House hopefuls

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It’s time for presidential candidates to start outlining their plans for energy policy, a top oil industry leader says.

Energy industry lobbying arm lays out wish list for White House hopefuls

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Former Florida Gov. Jeb Bush, Dr. Ben Carson, and New Jersey Gov. Chris Christie stand on the stage prior to the Voters First Presidential Forum for Republicans at Saint Anselm College August 3, 2015 in Manchester, New Hampshire. (Photo by Darren McCollester/Getty Images)
It’s time for presidential candidates to start outlining their plans for energy policy, a top oil industry leader says.
The shadows of  workers in the Permian Basin on February 5, 2015 in Mentone, Texas. (Photo by Spencer Platt/Getty Images)

MRC Global cuts more jobs as profits dip

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MRC Global said Monday it has now cut 680 jobs total dating back to last year as the oil-field pipes, valves and fitting supplier has adapted to the low oil price environment.

Pope Francis gives an audience to the participants at the Convention of Rome Diocese at St Peter's square on June 14, 2015 at the Vatican.  AFP PHOTO / FILIPPO MONTEFORTEFILIPPO MONTEFORTE/AFP/Getty Images

Pope denounces world leaders for “lack of conscience” in fossil fuels debate

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The encyclical, entitled “Laudato si (Praised Be) on the care of our common home,” is a call to action in the form of a letter to the church’s bishops. With fossil-fuel emissions and temperatures at record levels, the spiritual leader of 1.2 billion Catholics is adding his voice to calls to rein in greenhouse gases.
Categories: Environment
RAIL

Shares for railcar manufacturer plunge on concern oil drop will hurt demand

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Railroad companies — Greenbrier’s customers — are struggling with a widening fallout from the global rout in crude prices, which is eroding oil-train shipments faster than forecast.
Categories: Crude oil, Rail

(LM Otero/AP)

Exxon’s Kearl expansion comes online, doubles oil sands production

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Exxon Mobil plans to step up production at Kearl in phases, reaching an ultimate capacity somewhere around 345,000 barrels per day by about 2020.
Categories: Crude oil
(Paul O'Driscoll/Bloomberg News)

Shell gets one step closer to megadeal with BG

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Shell said the U.S. Federal Trade Commission has waived, or terminated, the initial antitrust waiting period. The Dutch energy super major said the deal, which was first announced in April, is still on track to close in early 2016.
Categories: Deals, Natural gas, Offshore
(Photo: JOHN DAVENPORT/SAN ANTONIO EXPRESS-NEWS)

Statoil to cut 2,000 jobs, adding to Norway’s woes

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The job losses at Statoil, Norway’s No. 1 oil and gas producer, add to thousands more in the country’s offshore energy industry after crude collapsed in the second half of 2014
Categories: Crude oil, Markets, Workforce
President Barack Obama arrives to speak on March 22, 2012 at the TransCanada Stillwater pipe yard in Cushing, Oklahoma. (AFP PHOTO/Mandel Ngan)

White House snags $4 billion in clean energy investments

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Encouraging private investment in clean energy is part of President Barack Obama’s attempt to promote “a low-carbon energy future,” Brian Deese, a senior adviser to Obama, said.
(DEwira/AFP/Getty Images)

IEA’s “missing barrels” may take a bite out of crude supply glut

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The sea of oil drowning oil markets may be only half as deep as the International Energy Agency is estimating, according to analysts.
Categories: Crude oil, featured, Markets