Fuel Fix

(AP Photo/Richard Drew)

Oil’s slide continues into August

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Monday’s slide follows a bearish July, when concerns that the glut of oil may not be easing sparked a sell off and erased gains crude had posted in May and June.

Oil’s slide continues into August

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(AP Photo/Richard Drew)
Monday’s slide follows a bearish July, when concerns that the glut of oil may not be easing sparked a sell off and erased gains crude had posted in May and June.
Exxon Mobil CEO Rex Tillerson

Oil CEOs’ grim outlook rubs off on speculators fleeing market

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Exxon, the biggest U.S. energy producer, reported July 31 its lowest profit since 2009 while No. 2 Chevron posted its worst results in 12 years.
Categories: Crude oil, featured
(AP Photo/Matthew Brown, File)

North Dakota governor: Stronger oil tankers needed

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New voluntary efforts by rail companies to boost the safety of hauling oil across the nation’s train tracks are a good step forward, but more needs to be done, North Dakota Gov. Jack Dalrymple said Monday. Stronger, more robust oil tankers are also essential to complement slower speeds around cities and better track maintenance, said the Republican governor.
Shell and SSE are looking to develop the world's first full-scale gas carbon capture and storage project – the Peterhead Project.

Shell reaches landmark with world’s first industrial carbon capture project

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The British government, already a strong advocate of clean energy, showed that it is planning to put its money where its carbon is, signing an agreement on Monday to move ahead on the world’s first industrial-sized carbon capture project.
Categories: Coal, Europe

Workers move a section of well casing into place at a Chesapeake Energy natural gas well site near Burlington, Pa. (AP Photo/Ralph Wilson, File)

Chesapeake Energy mulls sale, spinoff of division

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Chesapeake Energy Corp. is considering selling or possibly spinning off its oilfield services unit to help maximize shareholder value.
(ROBERT GILHOOLY/BLOOMBERG NEWS)

Natural gas wagers jump on tumbling supplies

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Hedge funds increased bullish bets on natural gas for the fifth time in six weeks as arctic weather stoked demand for the heating fuel, depleting stockpiles and sending prices to a five-year high.
Categories: Natural gas
A ship sits docked along the Houston Ship Channel in Houston on Jan. 30, 2014. (Scott Dalton/Bloomberg)

Massive oil ships play ‘chicken’ in the Houston Channel

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All along this 52-mile (84-kilometer) shipping lane, there are signs of the energy resurgence that BP Plc says might enable the U.S. to meet all its own needs by 2035.
Categories: featured, Markets
Last Mile - Final fueling

More work needed to stop flaring gas, officials say

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Energy companies are making strides in capturing the natural gas that flows out of North Dakota oil wells but still have a long way to go to stop burning off the fossil fuel, governors and business executives said Monday.
A crewman directs a pipe for the southern leg of TransCanada's Keystone XL project in Wood County, Texas. The northern leg has not yet received approval from the Obama administration. (Cody Duty / Houston Chronicle)

Keystone’s future in hands of Nebraska’s new pipeline regulator

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A Nebraska agency faulted over campaign donations from regulated companies may soon decide the fate of Keystone XL, its first review of an oil pipeline.