Fuel Fix

energythreesome

Energy issues light up the silver screen

Energy dominates the Houston scene, but it also dominates the silver screen.  More »
(AP Photo/Keith Srakocic)

Power plants are vulnerable to climate change, study says

Climate change could hinder the efficiency of nuclear and coal-fired power plants in the future and could mean higher costs and a less reliable power grid, according to an article published in Nature Climate Change.  More »
(AP Photo/Keith Srakocic)

Exxon, Shell see U.S.-led gas boom boosting global growth

Exxon Mobil Corp. (XOM), the world’s biggest energy company, and Royal Dutch Shell Plc (RDSA) said a U.S.- led transformation of the natural-gas market will boost the global economy even as oil becomes more expensive.  More »
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Workers move a section of well casing into place at a Chesapeake Energy natural gas well site. (AP file photo/Ralph Wilson)

Chesapeake Energy may fare better keeping its pipeline unit

Chesapeake Energy Corp. (CHK), which is looking for assets to sell to cut debt and close a funding gap, may want to hold onto its cash-generating pipeline unit, Chesapeake Midstream Partners LP. (CHKM)  More »
A Mountain Ridge Drilling rig of Daugherty Petroleum -- which works 24 hours a day, seven days a week -- is pictured 26 October 2005 in the Appalachian Mountains of eastern Kentucky.  Most of the 900 or so wells drilled in Kentucky this year won't produce more than a barrel or two of oil a day, but with prices topping USD 60 a barrel, those little wells are pulling in big profits, especially when they also pump natural gas.   AFP PHOTO/JEFF HAYNES  (Photo: JEFF HAYNES/AFP/Getty Images)

IEA: China natural gas demand to double by 2017

Global demand for natural gas will likely grow 17 percent over the next five years as Chinese consumption doubles, the International Energy Agency said Tuesday.  More »
Money Roll

EON will lose millions after trader’s ‘irregularities’

EON AG (EOAN), Germany’s biggest utility, will probably lose millions of euros after “irregularities” by a former employee were discovered last month.  More »
(AP file photo/Paul Sakuma)

Shell CEO sees no urgency to sell $6 billion Woodside stake

Royal Dutch Shell (RDSA) Plc, Europe’s largest oil company, sees no urgency over what to do with its $6 billion stake in Australia’s Woodside Petroleum Ltd. (WPL), Chief Executive Officer Peter Voser said today.  More »
Norwegian Minister of Petroleum and Energy Ola Borten Moe speaks at the Petroleum Club of Houston about drilling in the North Sea and the Arctic.

Norway energy chief promotes Arctic drilling

Norway’s Minister of Petroleum and Energy Ola Borten Moe spoke at the Petroleum Club of Houston on Monday and promoted fossil fuels as economic drivers.  More »
Supporters of a successful effort in 2012 to renationalize Argentina's largest oil company, YPF, wave flags. (AP Photo/Natacha Pisarenko)

Argentina’s new directors, CEO firmly control YPF

Argentina’s YPF oil company on Monday held its first shareholder meeting since being expropriated by the government, naming a board of directors reflecting the stunning reversal of fortune of its former owner, Spain’s Repsol.  More »
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Officials check out drilling rigs slated for Arctic

Alaskan officials on Sunday toured two drilling rigs docked in a Seattle shipyard, as Shell showed off improvements it has made to the vessels that are poised to begin boring exploratory wells in Arctic seas near Alaska within months.  More »
walrus

Shell wins an Arctic permit from Fish and Wildlife Service

The letters of authorization allow “the anticipated incidental take of small numbers of polar bears and Pacific walruses associated with Shell’s planned oil and gas open-water exploration,” the agency said.  More »
(Image: Fotolia)

Court: Reinstate Ohio suit alleging Duke kickbacks

A federal appeals court has ordered the reinstatement of a lawsuit accusing Duke Energy Corp. of paying kickbacks to Cincinnati-area companies to win their support for a 2004 electricity rate hike.  More »