Transocean shareholders oust chairman,but reject Icahn dividend proposal
Transocean shareholders Friday rejected billionaire investor Carl Icahn’s proposal for a $4-a-share dividend, a spokesman says. More »
Kinder Morgan bulks up its natural gas liquids expertise
Kinder Morgan Energy Partners has appointed Don Lindley as the new president of its Natural Gas Liquids Business Development division, the company announced Friday. More »
Feds’ fracturing rule signifies Obama’s approach to natural gas
You wouldn’t know it from the oil industry’s angry reaction, but the Obama administration’s latest plan to tighten standards for drilling on public lands gives more ground to the private sector at the expense of environmentalists who pushed for tougher protections. Analysts said that’s a fresh sign that the Obama administration supports shale gas development and the payoff that comes from increased domestic energy production. More »
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Total looks to boost number of discoveries
Total SA plans to drill more than 60 wells this year as the third-biggest European oil company seeks to increase the size of its discoveries and expand output. More »
Q&A: Diamond Offshore Drilling swims fast to meet demand
Diamond Offshore Drilling executives say they are preparing for an era of growth, with 187 drilling rigs under construction or on order. Those rigs will require thousands of new workers over the next few years. More »
Natural gas to remain below $4, energy executives say in survey
Natural gas will trade below $4 per million British thermal units for the rest of the year, according to a KPMG LLP Global Energy Institute survey of U.S. energy executives. More »
Renewable power generation grew 7 percent in Texas last year
Electric generation from renewable sources increased 7 percent in 2012 in Texas, according to the latest figures from the Electric Reliability Council of Texas. More »
Chevron says shale to help make Argentina energy independent
Chevron Corp. (CVX), the second-biggest U.S. oil company, said it’s preparing an investment that will help make the country energy independent by developing what could be the world’s second-largest shale oil reservoir. More »
Canada PM on pipeline plan: Oil to come anyway
A controversial oil pipeline to the U.S. Gulf Coast “absolutely needs to go ahead,” Canada’s prime minister said Thursday, and he warned that the oil will be transported through America one way or another. More »
Africa’s strongest crane gets to grips with Angola oil projects
Workers in Angola are completing construction of the strongest crane in Africa that will be used at offshore projects for Chevron Corp. (CVX), Total SA (FP), and SBM Offshore NV. (SBMO) More »
Third U.S. House committee approves Keystone XL pipeline
The House Transportation Committee approved a measure that would allow construction of the Keystone XL pipeline without action by President Barack Obama, the third panel to push the pipeline bill this year. More »
Shale drilling boosts Ohio gas and oil output
Officials say drilling in Ohio’s Utica shale region nearly doubled the output of oil and natural gas there since 2011. More »
April 26, 2013
Loading ...- The award-winning team behind FuelFix.com:
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assistant editor, FuelFix
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