Repatriation tax rate of 25% planned by Nev. Democrat Berkley

National Oilwell Varco profits jump on demand growth

Posted on July 26, 2011 at 9:46 am by Simone Sebastian in General

Growing demand for rig technology led to a 20 percent jump in profits for the major oil field equipment maker. More »

Valero Energy profits jump 28% in second quarter

Posted on July 26, 2011 at 8:07 am by Associated Press in Refining

Valero Energy Corp. said today that earnings grew 28 percent in the second quarter as the price of gasoline and other fuels reach three-year highs. More »

Which Houston executives makes the most? Find out here

Posted on July 26, 2011 at 7:13 am by chron.com Energy in Corporate governance, People, Social

Search for details on executives at publicly held companies based in Houston or with major operations here, based on total compensation in 2010. More »

U.S. gasoline demand slipped last week, MasterCard says

Posted on July 26, 2011 at 7:11 am by Bloomberg in General

U.S. gasoline demand dropped 1.1 percent from the previous week as the average pump price increased, according to MasterCard Inc. More »

FuelFix Newslinks |07.26.11|

Posted on July 26, 2011 at 7:09 am by Tom Fowler in General

Texas oil jobs surge. Shale boom = more flares. Disaster still drags on BP. Dems may filibuster EPA funding bill. More »

Tesoro fined for violations at Martinez refinery

Posted on July 26, 2011 at 6:45 am by Associated Press in Crude oil, Environment

San Antonio-based Tesoro Corp. has agreed to pay $500,000 in fines for dozens of air pollution violations at its refinery in Martinez. More »

South Dakota board considering Texas company’s refinery permit

Posted on July 26, 2011 at 6:39 am by Associated Press in Crude oil, Environment

A state environmental board this week is considering a Texas company’s request to extend the construction start deadline for a $10 billion oil refinery planned for southeastern South Dakota. More »

Chevron taps NASA for deep-water technology partnership

Posted on July 26, 2011 at 6:00 am by Tom Fowler in Offshore

Researchers at NASA’s Jet Propulsion Laboratory in Pasadena, Calif. will work with Chevron on technology that can be used in deepwater exploration. More »

BP chief ‘open’ to refining spinoff

Posted on July 26, 2011 at 5:43 am by Bloomberg in Accidents, Gulf oil spill, Oil field services

BP Plc Chief Executive Officer Robert Dudley said “all options” are possible including a refining spinoff as Europe’s second-biggest oil company reported earnings that missed analysts’ estimates. More »

Citizens demand Marcellus drilling ban in W. Va.

Posted on July 26, 2011 at 5:01 am by Associated Press in Hydraulic fracturing, Natural gas, Politics/Policy

Opponents of Marcellus shale gas drilling are demanding a moratorium on new West Virginia operations until tough laws are passed, enforcement is dramatically increased and water supplies are protected from overuse and pollution. More »

Exxon strikes deal with Philly shipyard for two oil tankers

Posted on July 26, 2011 at 3:41 am by Associated Press in Crude oil

Exxon Mobil Corp. reached a deal with a Philadelphia shipyard to build a pair of oil tankers that will ferry crude oil from Alaska to the West Coast. More »