Fuel Fix

More oil rigs shut down this week

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Categories: Crude oil, featured, Markets
The number of U.S. rigs chasing oil fell to a total of 646 this week, according to a weekly tally by oil service company Baker Hughes.
Alan Sadler

Feds’ plan to boost biofuel targets draws fire from all sides

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In trying to balance the competing interests of oil companies and biofuel producers, the Environmental Protection Agency’s proposed renewable fuel quotas for 2014, 2015 and 2016 have pleased almost no one.

TransCanada chief executive Russ Girling  speaks at the company's investor day in Toronto. (SeongJoon Cho/Bloomberg)

Obama will approve Keystone XL pipeline, CEO says (video)

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Rejecting TransCanada Corp. (TRP)’s $5.4 billion Keystone XL pipeline due to carbon emissions in the oil sands would set a precedent for all U.S. infrastructure projects, Chief Executive Officer Russ Girling said.
Work continues at Denbury Resources' Tinsley Facility in Tinsley, Miss. Denbury Resources hopes to bring new life to old oil fields by pumping in carbon dioxide to force additional oil to the surface.  (AP Photo/Rogelio V. Solis)

To clean up coal, Obama pushes more oil production

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America’s newest and cleanest coal-fired power plant comes with a catch: The heat-trapping carbon dioxide removed from its smokestack pollution will help force more oil out of the ground.

(Fotolia for Frances)

Phishing still hooks energy workers

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Energy companies are beginning to view cybersecurity in the same way that they view physical safety. The push comes after repeated reports that energy companies are among the most targeted by hackers.
Categories: Premium, Safety/Security
Soldiers of the East Africa Response Force (EARF), a Djibouti-based joint team assigned to Combined Joint Task Force-Horn of Africa, depart from a U.S. Air Force C-130 Hercules in Juba, South Sudan. Gunfire hit three U.S. military CV-22 Osprey aircraft Saturday, Dec. 21, 2013 trying to evacuate American citizens in Bor, the capital of the remote region of Jonglei state in South Sudan, that on Saturday became a battle ground between South Sudan's military and renegade troops. (AP Photo/U.S. Air Force, Tech. Sgt. Micah Theurich)

Rebels hold key oil capital in South Sudan

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South Sudan’s central government lost control of the capital of a key oil-producing state on Sunday, the military said, as renegade forces loyal to a former deputy president seized more territory in fighting that has raised fears of full-blown civil war in the world’s newest country.
Categories: Africa, Safety/Security
Money Roll

Free! A (small) slice of Eagle Ford mineral rights

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If you’ve been missing out on this whole oil boom thing that’s happening in South Texas, the new Shiner Landing development is offering a chance to win some Eagle Ford Shale mineral rights. OK, so it’s a small amount of minerals.
(ALEXANDER KLEIN/AFP/Getty Images

Several energy ministers say no OPEC cut needed

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Ministers from Saudi Arabia, Kuwait and Iraq said OPEC needn’t cut production next year to make room for additional supplies from Iran, Libya and U.S. shale oil.
Oil Barrel

Oil rises on improved U.S. economic growth

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Benchmark U.S. oil rose 28 cents to close at $99.32.
Categories: Crude oil, Gasoline