House increases money for nuclear waste review

Steffy: ‘Building, then dismantling an oil giant’

Posted on July 15, 2011 at 7:10 am by Loren Steffy in Crude oil

Adecade ago, James Mulva made a name for himself by thinking big. Now, his legacy hinges on thinking small. More »

Home base is up in the air for ConocoPhillips spinoff

Posted on July 15, 2011 at 7:10 am by Simone Sebastian in Crude oil

The ConocoPhillips spinoff announced Thursday will create the nation’s largest independent refiner by capacity, but management hasn’t decided what assets it will acquire and where it will be based, company spokesmen said. More »

FuelFix Newslinks |07.15.11|

Posted on July 15, 2011 at 7:09 am by Tom Fowler in General

BHP’s $12B Petrohawk buyout. Mulva breaks-up what he built. BP will go extra mile to get back to Gulf. More »

Air pollution found at five natural-gas sites in North Texas

Posted on July 15, 2011 at 6:50 am by Bloomberg in Accidents, Hydraulic fracturing, Natural gas, Shale

Five natural-gas sites in Fort Worth, Texas, last year produced air pollution that exceeded state regulations, according to a study on the effects of drilling and production in the city. More »

BP implements voluntary safety standards for Gulf drilling updated

Posted on July 15, 2011 at 6:31 am by Jennifer A. Dlouhy in Gulf oil spill, Oil field services

BP today vowed it would take new steps to safeguard all of its oil and gas drilling in U.S. waters as part of a bid to reassure federal regulators the company can prevent a repeat of the lethal blowout at its Macondo well last year. More »

Houston pump prices up 13 cents from last week

Posted on July 15, 2011 at 6:23 am by Laura Weisman in General

Gasoline prices in Houston are up 13 cents from last week to an average $3.55 for a gallon of regular unleaded. Prices across Texas are up 12 cents from a week ago. More »

Offshore drilling bill slated for debate next week

Posted on July 15, 2011 at 5:31 am by Jennifer A. Dlouhy in Offshore, Politics/Policy

A dispute over whether to give coastal states a greater share of federal royalties for offshore drilling near their shores is expected to flare up during the Senate Energy and Natural Resources Committee’s debate on the bill next Thursday. More »

Don’t turn off the lights on light bulb legislation Updated

Posted on July 14, 2011 at 8:40 pm by Lauren French in Electricity, Politics/Policy, Social

Rep. Michael Burgess’ amendment that would halt a ban on incandescent light bulbs passed this morning in the House. More »

BHP Billiton Petroleum to pay $12B for Petrohawk updated

Posted on July 14, 2011 at 6:35 pm by Brett Clanton in Natural gas, Oil field services, Shale

The blockbuster deal, the firm’s second major U.S. acquisition this year, will give BHP Billiton Petroleum access to highly sought-after acreage in the Eagle Ford and Haynesville shale formations and the oil-rich Permian Basin. More »

Oil falls 2 percent on Bernanke comments

Posted on July 14, 2011 at 3:55 pm by Associated Press in Crude oil

“We’re not prepared at this point to take further action” to stimulate the economy,” the Fed chairman said. More »

U.S. Interior Department approves clean energy projects in Oregon, Calif.

Posted on July 14, 2011 at 3:08 pm by Bloomberg in Environment, Politics/Policy, Solar, Wind

The U.S. Interior Department approved the construction of four renewable energy projects on government-owned land in Oregon and California to fast-track the development of wind and solar power plants. More »