Fuel Fix

atp logo

ATP blames moratorium for Chapter 11

Houston-based ATP Oil & Gas Corp. filed for Chapter 11 bankruptcy Friday, citing debt it said it incurred because of the five-month moratorium on much U.S. offshore drilling after the deadly 2010 Gulf of Mexico oil spill.  More »

Daewoo ship wins $1.96 billion order for fixed platforms

Daewoo Shipbuilding & Marine Engineering Co. won $1.96 billion order to build five fixed platforms as rising demand for energy products helps South Korean shipyards weather a slowdown in vessel orders.  More »
Oil swirls in a small eddy in a back channel of the Yellowstone River near Laurel, Mont., in 2011.   (AP Photo/Julie Jacobson,File)

Feds wrapping up Yellowstone pipeline spill probe

A federal investigation into last year’s Yellowstone River oil pipeline spill is expected to wrap up next month now that regulators have received a key document that reveals the cause of the break, a pipeline safety official said Friday.  More »
(AP Photo/The News & Observer, Robert Willett)

Fracking concerns are legitimate, international energy chief says

While worries about hydraulic fracturing’s environmental impact are legitimate, banning the practice would increase reliance on coal and Middle East imports, said International Energy Agency Executive Director Maria van der Hoeven, while speaking at Rice University Friday.  More »
Food and Farm Sorghum Ethanol.JPEG-043fc

Appeals court tosses out challenge to new EPA ethanol rule

An appeals court threw out a challenge to an EPA rule allowing the proportion of ethanol in gasoline to rise from 10 percent to 15 percent.  More »
Oil workers on an Eagle Ford Shale rig near Tilden, Texas. (John Davenport, San Antonio Express-News)

Follow live as IEA talks about U.S energy boom

The International Energy Administration will be giving a presentation today about the U.S. energy boom. See what the executive director has to say about it.  More »
(Photo: Vestman/Flickr)

EPA regulations likely won’t cause widespread blackouts, GAO finds

New EPA regulations are likely to cause reliability issues, but they won’t be at the level that the industry and Republican officials are claiming, according to a new independent report.  More »
A gas station attendant pumps gas, in Portland, Ore.  (AP Photo/Rick Bowmer, File)

U.S. fuel demand hits new low; gasoline prices keep rising

Even as America’s demand for fuel dropped to its lowest July level since 1995 last month, gasoline prices are getting steeper. Experts say competing forces – the rising global oil price and the tepid U.S. economy – are at play.  More »
Kristin Holden is a project adviser at the Halliburton Technology Center in Duncan, Okla. The company has added some women to take on part of its recruiting and public speaking as the energy industry seeks more women employees. Photo: Courtesy Halliburton / HC

Sixel: ‘Next level’ for women in energy

Like many energy companies, Halliburton wants to attract more women scientists and engineers. So it conducted research that included asking its existing employees for advice.  More »
Welding crews lay pipelines in Texas to move oil and gas extracted from the Eagle Ford Shale to market. (John Davenport/San Antonio Express-News)

Panelist reviewing fracturing study has his own industry ties

A retired aerospace executive – appointed to review a study on hydraulic fracturing after it was disclosed the study’s author has strong industry ties – has such ties himself.  More »
A crew works on a drilling rig at a well site for shale based natural gas in Zelienople, Pa. In a surprising turnaround, the amount of carbon dioxide being released into the atmosphere in the U.S. has fallen dramatically to its lowest level in 20 years, and government officials say the biggest reason is that cheap and plentiful natural gas has led many power plant operators to switch from dirtier-burning coal. Many of the world's leading climate scientists didn't see the drop coming, in large part because it happened as a result of market forces rather than direct government action against carbon dioxide, a greenhouse gas that traps heat in the atmosphere. (AP Photo/Keith Srakocic)

CO2 emissions in US drop to 20-year low

In a surprising turnaround, the amount of carbon dioxide being released into the atmosphere in the U.S. has fallen dramatically to its lowest level in 20 years, and government officials say the biggest reason is that cheap and plentiful natural gas has led many power plant operators to switch from dirtier-burning coal.  More »
Food and Farm Sorghum Ethanol.JPEG-043fc

Opinion: Ethanol in gas tanks making food cost more

Record-high corn prices should be sending a clear message to policy makers in Washington: Requiring people to put corn-based fuel in their gas tanks is a bad idea.  More »