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

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(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.

What The Oil Drum Meant

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The popular peak oil blog The Oil Drum (TOD) began in early 2005. I joined as a contributor in mid 2005, later becoming an editor, and I left the site in early 2008. TOD continued in the meantime, at least up until now when the current editors have …
Categories: Uncategorized
Penny Pritzker is chairwoman of the federal-state Gulf Coast Ecosystem Restoration Council. (Stephen M. Dowell/Orlando Sentinel/MCT)

Oil spill restoration overseers approve a plan

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The plan calls for regional, science-based projects.
Categories: Gulf oil spill
JPMorgan

JPMorgan energy probe records sought by Senate

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Lawmakers are examining banks’ roles in commodities markets.

Categories: Legal issues
Janet Clark, Executive VP and CFO, Marathon Oil. (Photo: Michael Hart)

Marathon Oil CFO Janet Clark to retire

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Janet Clark, chief financial officer of Houston oil and gas giant Marathon Oil Corp., is retiring Oct. 1 after a decade with the company, Marathon said Wednesday.
Categories: People
Utah Gov. Gary Herbert   expressed displeasure in the lease. Sportsmen’s groups have raised opposition. (AP Photo/Brennan Linsley)

Utah governor opposes drilling in Book Cliffs

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A Utah group had agreed to lease up to 155 square miles to The Woodlands-based Anadarko Petroleum Corp.
The West Texas sky silhouettes a Linn Energy pumpjack in the Permian basin. (Linn Energy)

New data shows shifting US energy landscape, as petroleum exports soar

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U.S. exports of petroleum products jumped 270 percent between 2005 and 2012.
Robert Kaluza, a BP well site leader from the Deepwater Horizon oil rig explosion, enters Federal Court before he is arraigned on manslaughter charges in New Orleans in November 2012. AP Photo/Gerald Herbert)

BP well-site leaders seek trial delay in Gulf oil spill criminal case

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Lawyers for two BP well-site leaders charged with manslaughter in the deaths of 11 rig workers who were killed in an explosion triggered by an undersea well that blew out in the Gulf of Mexico asked a federal judge Wednesday to delay their trial for nine months.
Categories: Gulf oil spill
Blackside dace are a colorful minnow found in parts of Tennessee, Kentucky, and western Virginia. (Photo courtesy U.S. Fish and Wildlife Service, via J.R. Shute, Conservation Fisheries, Inc.)

Study documents fish kill from hydraulic fracturing fluid

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Hydraulic fracturing fluids from nearby natural gas wells probably caused endangered fish in a Kentucky creek to die off, according to two federal agencies that studied the 2007 incident.
A boat is surrounded by oil near the site of the Deepwater Horizon accident in June 2010. (Smiley N. Pool / Houston Chronicle)

Judge rejects BP’s latest request to halt oil spill payments

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A federal judge Wednesday denied BP’s latest request for an injunction to halt payments from its multibillion-dollar settlement with victims of the 2010 Gulf of Mexico oil spill.
(Bob Owen/San Antonio Express-News)

Commentary: Oil tales through the rupee and rail

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More oil is being transported by trucks, barges, and trains than at any point since records began in 1981. Canadian shipments reflect a similarly meteoric rise – 16.6 million barrels of crude were shipped to the US by rail last year.
Categories: Crude oil
Shell's Perdido oil and natural gas platform  located  200 miles off the coast of Texas in the Gulf of Mexico (Melissa Phillip / Houston Chronicle )

Feds net $102.4 million in Gulf lease sale

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Dozens of companies submitted $144.6 million in bids to drill in the Gulf of Mexico during a government auction Wednesday, guided by fresh seismic research offering new hints about oil and gas that could lurk underground. BP skipped out on the sale because it is suspended from new government contracts.
Commercial vessels spray water on the fire aboard the West Delta 32 production platform. (Coast Guard photo)

Production set to resume at platform where fire killed three workers

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Black Elk Energy’s West Delta 22 production platform will resume operations early next week, nine months after a deadly explosion.
Categories: Accidents