Fuel Fix

(AP Photo/Al Grillo)

Hilcorp acquires Exxon Mobil subsidiary’s Alaska assets

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Categories: featured, General
The new deal is part of Hilcorp’s expansion in the state. The company arrived four years ago and has since become a major player in oil and gas in Cook Inlet and the North Slope.

Hilcorp acquires Exxon Mobil subsidiary’s Alaska assets

on
Categories: featured, General
(AP Photo/Al Grillo)
The new deal is part of Hilcorp’s expansion in the state. The company arrived four years ago and has since become a major player in oil and gas in Cook Inlet and the North Slope.
OTC 2013

Technip to lay off 6,000 workers

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The Paris-based firm, which has its main U.S. offices in Houston, said Monday the move will save it $919 million over the next two and a half years, with the bulk of those savings coming in 2016.

(Photo: Martin Abegglen/Flickr)

Hedge funds boost diesel bets with supply at decade low

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Hedge funds are the most bullish on diesel in almost five months as the coldest January in 20 years boosted demand and cut U.S. supply to the lowest in a decade.
Categories: Markets, Weather
(Image: Fotolia)

Oil hovers near $100 on hopes of US recovery

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Oil hovered near $100 a barrel Monday on hopes that the U.S. economic recovery can be sustained despite January’s poor payrolls report.
Categories: Crude oil, Markets

Scott Environmental Services operations manager Paul Kern, left, and supervisor Gumaro Herrera, test partially treated solid drilling waste. The company has developed processes for turning drilling waste into material for oil field roads and rig pads.

Q&A: Oil field leftovers don’t go to waste

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Blake Scott, the founder and president of Scott Environmental Services, has developed a way to turn solid drilling waste into a material that can be used to pave oil field roads and rig pads.
Categories: Environment
Steve Dahl, owner of the Perch Patrol, shows off the first perch he caught on Saturday, Feb. 8, 2014 on Devils Lake, ND. Fishing guide Dahl says ice fishing at Devils Lake in northeastern North Dakota is the best in two decades. But he says his guide service is suffering because of disruptions in train service to the region.  (AP Photo/Jackie Lorentz)

North Dakota oil shipments detour Amtrak trains

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The ice fishing in northeast North Dakota is the best it’s been in two decades, but some anglers can’t make it because trains handling freight and crude from the state’s oil patch are displacing Amtrak passenger service.
Categories: Crude oil, Rail
Leo Maldonado checks the engine while filling up his truck with natural gas at a station owned by Clean Energy, Friday, Jan. 31, 2014, in Houston.  The truck is owned by Lodge Lumber who hopes using natural gas instead of diesel will cut the company's fuel costs by 40 percent.  (Michael Paulsen / Houston Chronicle)

Smaller companies join move to natural gas vehicles

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Natural gas has become the fuel of choice for several large companies with vehicle fleets. Now, smaller firms are beginning to catch on to the trend, too.
(credit: Flickr)

Iran aiming to make oil contracts better for foreign investors

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Iran said Sunday it plans to introduce a new generation of oil contracts by June that promise to be more attractive to foreign investors as it seeks to significantly boost production should international sanctions hobbling its vital energy industry be lifted.
Earthquake2-DaveSchumaker-flickr

Researchers study string of Texas earthquakes

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FORT WORTH — Researchers collecting seismic data hope it allows them to determine what role wastewater injection wells have played in a string of small earthquakes northwest of Fort Worth. The area in northeast Parker County, about 15 miles northwest of Fort Worth, has experienced more than 30 small earthquakes since November. Last month more […]