Fuel Fix

(Daniel Acker/Bloomberg)

Wyoming oilmen diversify to survive the bust

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Casper businesses were the hub for Wyoming’s oilfields during the boom years. Today, they are rewriting business plans, reassigning machines for jobs outside the oil patch and experimenting with new product lines.

Wyoming oilmen diversify to survive the bust

on
(Daniel Acker/Bloomberg)
Casper businesses were the hub for Wyoming’s oilfields during the boom years. Today, they are rewriting business plans, reassigning machines for jobs outside the oil patch and experimenting with new product lines.
Anadarko Petroleum Corporation CEO Al Walker. (Nick de la Torre / Houston Chronicle)

Anadarko Petroleum cuts dividend 81 percent

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The cut will save the company $450 million annually.
Supporters of former presidential candidate Andres Manuel Lopez Obrador cheer as they listen to Lopez Obrador during an act to protest against the government's proposed energy reforms. (AP Photo/Marco Ugarte)

Thousands protest Mexico oil reform

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Thousands of people rallied Sunday in Mexico City to oppose President Enrique Pena Nieto’s plan to open the state-owned oil sector to profit-sharing contracts with private firms.
(Image: Fotolia)

Commentary: Can North America unconventionals replace lost Mideast oil?

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Since Egyptian President Hosni Mubarak fell from power in February 2011, U.S. and Canadian oil production has risen by a total of 2.57 million barrels a day. That’s three times that amount of oil production that has been lost to world supply directly from Arab Spring violence in Syria, Yemen and Bahrain.
Categories: Crude oil, Middle East
Orji Uzor Kalu, chairman of SLOK Holding, interviewed for Chronicle story August 2013.

Q&A: Oil chief sees potential for growth in Nigeria

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Orji Uzor Kalu, chairman of oil and gas company SLOK Nigeria, speaks with FuelFix about oil and gas ties between Nigeria, the U.S. and China.
Categories: Africa

IEA Sankey Diagrams

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The International Energy Agency has taken its share of abuse from The Oil Drum over the years for its rather optimistic forecasts. But it deserves a hearty shout-out for an invaluable resource it has on its web site: Interactive Sankey Diagrams for the…
Categories: Uncategorized
(AP Photo/Hussein Malla)

Libya’s oil exports plunge as problems escalate

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Libya’s prime minister faced increasing calls for his ouster on Saturday as strikes by government employees at oil export terminals cost the North African country more than $5 billion in losses.
A flag flies otuside the headquarters building of XTO Energy Inc. in Fort Worth, Texas, U.S., on Monday, Dec. 14, 2009. (Matt Nager/Bloomberg)

Top 10 deals of the US energy boom

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Here’s a look at the highest valued energy mergers and acquisitions since 2008.
Categories: Deals, featured

My Last Campfire Post

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I checked my user profile for this site and discovered that as of today I have been a member for 7 years and 37 weeks. Wow! So much has happened to me and my family over those years and a lot of it was shared on The Oil Drum. For reasons I’ll explain…
Categories: Uncategorized
(Photo: Brian Turner/Flickr)

Probe finds evidence of plot to corrupt BP spill settlement program

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An independent probe led by former FBI Director Louis Freeh found evidence of a lawyers’ plot to “corrupt” the BP settlement program but nothing that warranted shutting down payments to victims of the company’s 2010 oil spill in the Gulf of Mexico, according to a report issued Friday.
A natural gas drilling site in the Barnett Shale. (AP file photo/Donna McWilliam)

EnerVest affiliates to snap up Barnett Shale assets

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Affiliates of Houston-based oil and gas company EnerVest Ltd. agreed to buy $218 million worth of the Barnett Shale natural gas assets that Carrizo Oil & Gas unloaded this week.
Categories: Deals, Natural gas
A Coast Guard MH-60 Jayhawk helicopter crew hoists crew members from the Shell's mobile drilling unit Kulluk in 15- to 20-foot seas 80 miles southwest of Kodiak City, Alaska on Saturday, Dec. 29, 2012. (Photo: Coast Guard Petty Officer 1st Class Sara Francis)

Shell responds to $1.1 million Arctic pollution deal

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Shell’s troubled quest for Arctic oil in 2012 — now capped with a $1.1 million fine for environmental violations — will make the company better prepared to return to the region, a spokesman said Friday.
Categories: Arctic
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Gastar increasing holdings in Oklahoma’s Hunton play

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Houston’s Gastar Exploration said this week that it will spend $187.5 million to buy an interest in land in the Hunton play of Oklahoma.
Categories: Deals, General, Shale
Aerial view shows  the petrochemical refinery complex in Deer Park. (AP Photo/David J. Phillip)

Natural gas liquids are a rising star in the oil patch

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Worldwide production of natural gas liquids is soaring — fueled largely by the U.S. drilling boom — and that rapid rise will alter the global energy market for at least a decade, analysts say.