Fuel Fix

Sand flows at a Chesapeake Energy well near Carrizo Springs in the Eagle Ford Shale. Houston-based Carrizo Oil & Gas is stepping up its presence in the Eagle Ford. (Photo: John Davenport/San Antonio Express-News)

Carrizo expands Eagle Ford footprint

E&P firm acquires 13,000 acres in the booming Eagle Ford shale play for about $1,650 in cash per acre, or $5,500 per acre including other costs.  More »
(Cliff1066/Flickr)

Eagle Ford shale work helps railroads’ bottom lines

Wherever oil and natural gas comes out of the ground, plenty of people make money. Railroads are among the beneficiaries in South Texas’ Eagle Ford play, where there’s lots of hauling to be done, much of it sand and pipes.  More »
A Libyan woman holds a pre-Gadhafi national flag during a rally against Libyan leader Muammar Gaddafi in Benghazi, Libya, Saturday, April 23, 2011. (AP Photo/Bernat Armangue)

Libya conflict makes for hostile OPEC meeting

Not since Saddam Hussein invaded Kuwait in 1990 has the producer group gathered with some nations giving financial and military support to a movement seeking to topple the government of a fellow member.  More »
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IEA: Global greenhouse gas emissions hit record highs

Bad news awaits delegates from about 180 countries at the start of two weeks of climate talks to debate a new global warming accord: Greenhouse gas emissions are going up instead of down despite 20 years of effort, according to a report by the International Energy Agency.  More »
(Photo: David Paul Ohmer/Flickr)

FuelFix Newslinks |06.06.11|

Hands tied if Cuban oil spills. Feds OK Keystone restart. Don’t mess with Petrello.  More »
Kårstø processing plant plays a key role in the transport and treatment of gas and condensate from central parts of the Norwegian continental shelf. (Photo: Gassled)

Statoil sells stake in Gassled for $3.2B

The Norwegian oil company said the sale of the majority of its stake in gas transportation firm Gassled means it can invest the capital into assets and projects that yield higher rates of return.  More »
Cleanup worker Jeiner Foronda places fresh absorbent boom in the affected marshland of Terrebonne Parish, La., while cleaning up oil from the Deepwater Horizon spill. ( Smiley N. Pool / Chronicle )

Embargo may block U.S. response to Cuban oil spill

With oil exploration set to begin in Cuba’s Gulf of Mexico waters, pressure is mounting on the administration to relax a politically sensitive embargo that would prevent U.S. firms from responding swiftly to potential oil spills roughly 50 miles from Florida beaches.  More »
(Photo: Brian Snelson)

Cuban drilling issue overflows with politics

The U.S. relationship with Cuba has long been a touchy subject on Capitol Hill, and now decades-old rifts are widening because of concerns about deep-water drilling set to begin just north of the island nation this fall. On economic level, many see opportunities for U.S. energy firms.  More »
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Chron 100: Many top performers owe it all to energy

Better returns through chemicals is the theme as three producers top Chronicle’s annual the list of Houston’s best performing companies.  More »
(Photo: Fotolia)

TransCanada restarts pipeline

TransCanada Corp. successfully restarted its Keystone pipeline Sunday after U.S. government officials reversed their Friday decision barring the company from reopening the line.  More »
Workers on a drilling rig in east Texas (Photo: Anadarko)

U.S. rig count rises by 7, led by Texas

Of the major oil- and gas-producing states, Texas gained eight rigs, and Alaska gained two. Louisiana, New Mexico and Pennsylvania picked up one apiece.  More »
(Image: Fotolia)

Oil ends week unchanged near $100 per barrel

Despite a gloomy unemployment report, benchmark West Texas Intermediate crude on Friday settled just about where it began the day: down 18 cents at $100.22 per barrel. Oil has hovered around the $100 mark since early May.  More »