Fuel Fix

(Photo by Eddie Seal for Bloomberg News)

U.S. oil rig count jumps up by a dozen, the first increase in 2015

on
The amount of U.S. rigs drilling for oil increased for the first time this year after 29 consecutive weeks of declines.

U.S. oil rig count jumps up by a dozen, the first increase in 2015

on
(Photo by Eddie Seal for Bloomberg News)
The amount of U.S. rigs drilling for oil increased for the first time this year after 29 consecutive weeks of declines.
(AP Photo/Gerald Herbert, File)

BP to settle Deepwater Horizon claims for $18.7 billion

on
BP has agreed to pay a record $18.7 billion to settle the federal and state claims against it for its role in the Deepwater Horizon oil spill, sidestepping years of litigation with a promise to pour funds for nearly two decades into efforts to repair vast environmental damage in the Gulf region.
Categories: featured, Gulf oil spill

    Jeff Allyn, a derrick hand with Raven Drilling, pauses with a cup of coffee while drilling for oil in the Bakken shale formation on July 23, 2013 outside Watford City, North Dakota. (Andrew Burton/Getty Images)

    Shale drillers’ safety net is vanishing

    on
    SandRidge, the Oklahoma City-based producer, had about 90 percent of its oil and natural gas liquids output hedged in early 2015, according to a regulatory filing. Next year, the hedges cover less than a third.
    Categories: featured, Shale
(Daniel Acker/Bloomberg)

Keystone XL southern leg launches as safest pipeline ever, CEO says

on
TransCanada has started delivering oil to the Texas coast through the southern leg of the Keystone XL pipeline, the Canadian company confirmed Wednesday.
A crewman directs a pipe on a site for TransCanada's Keystone XL project in Wood County, Texas, in 2012. (Cody Duty / Houston Chronicle)

Commentary: A tale of two pipelines — It’s time for common sense to prevail

on
Even as Keystone XL’s southern leg launches today, delay pervades the remainder of the Keystone XL pipeline. Why more than five years after the initial filing are we still waiting for a final decision from the Obama Administration?

Punish Success And Reward Rent Seeking and Bigger Government

on
Real Clear Politics recently ran an article by a writer from the so- called Center for American Progress.  I say so-called because from the content of the article, the organization would be more accurately named the Center for American Distress or the Center for Political Bambozzle.  It uses and misuses tired old assertions about oil […]
Categories: General
Photo:  www.andrewschultz.com

HR personnel look away: Using a service company as a stepping stone to an operator

on
It is highly likely that without a service company taking a chance on me, I wouldn’t be enjoying the great career in oil & gas that I’m in today. Today’s question comes from a reader who also started with a service company, but whose desired career path entails joining an operator. At what point will they be ready to make the jump?
The growth of renewable energy could slow unless the industry gets more certainty about policies surrounding them, the International Energy Agency said in a new report. (Sean Gallup/Getty Images)

Germany can’t bear hefty green energy costs, minister says

on
Germany must focus on the cheapest clean-energy sources as well as efficient fossil-fuel-fired plants to stop spiraling power prices, Economy and Energy Minister Sigmar Gabriel said.
Categories: Europe, Solar, Wind
Stoneham 18 rig works on a well in Oasis Petroleum's Red Bank area of West Williston in Williams County, North Dakota. (Vern Whitten)

Officials to review proposed North Dakota drilling rule

on
The proposal has been criticized by some Republican lawmakers and oil and farm groups.
The drillship Noble Discoverer did preliminary drilling in Alaska's Chukchi Sea for Shell in 2012. An appeals court ruling Jan. 22, 2014, could delay  Shell's plans to return to the Alaskan offshore region in summer of 2014.

Appeals court ruling could delay further U.S. Arctic drilling

on
A federal appeals court in San Francisco has revived a lawsuit challenging a sale of offshore Alaska oil leases, a ruling that could delay oil company efforts to explore there.
Categories: Arctic, Environment