Fuel Fix

Spectra's Egan Hub facility near Lake Charles, LA.

Warm weather woes ruffle Spectra’s first-quarter earnings

Record low natural gas prices and the warmest winter in the last 100 years translated into lower quarterly profits for Spectra Energy.  More »
Ian Williams_edit

Energy accountants form international group to follow clients overseas

A group of accountants from the top markets for energy exploration launched a consortium at OTC this week to help mid-cap oil field service companies expand globally.  More »

Want to move to Australia?

If you are interested in a new adventure and looking for a new job, Australia might be the place for you.  More »
Find a Better Job with
Job Seekers
Powered by Monster ®
An unidentified man walks along oil pipelines belonging to Agip Oil company in Obrikom, Nigeria. AP Photo/George Osodi)

Shell shuts down major pipeline Nigeria over theft

Royal Dutch Shell PLC says it has shut down a major pipeline running through Nigeria’s oil-rich southern delta because it had been repeatedly targeted by thieves.  More »
A Chesapeake Energy drilling rig (Photo: Chesapeake Energy)

SEC begins inquiry into Chesapeake Energy

The Securities and Exchange Commission is reviewing a compensation program at Chesapeake Energy Corp. that created potential conflicts of interest for its CEO.  More »
A drilling rig aims for oil in the Bakken Shale near Watford City, N.D. (AP Photo/James MacPherson)

State geologist: SD oil potential vast, unexplored

South Dakota has significant potential for oil development, but that potential has largely been unexplored, the state geologist said at the Black Hills Bakken Conference.  More »
A drilling rig in Pavillion, Wyo., used to drill a deep water well for testing. (Photo: EPA).

Wyo. got EPA to delay frack finding

Wyoming’s governor persuaded the head of the U.S. Environmental Protection Agency to postpone an announcement linking hydraulic fracturing to groundwater contamination, giving state officials — whom the EPA had privately briefed on the study — time to attempt to debunk the finding before it rocked the oil and gas industry more than a month later, an investigation by The Associated Press has found.  More »
Workers move a section of well casing into place at a Chesapeake Energy natural gas well site near Burlington, Pa. (AP Photo/Ralph Wilson, File)

Feds set new rules for hydraulic fracturing

The Obama administration unveiled a proposed rule that would force companies to reveal the chemicals they use when drilling for oil and natural gas on public lands. But the long-anticipated regulation includes a major concession to oil and gas companies, by allowing those disclosures to happen after a well is drilled and the chemicals are pumped underground — not a month beforehand, as federal regulators had originally considered.  More »
Demonstrators march with a replica of a pipeline during a protest of Keystone XL at the White House on Sunday, Nov. 6.  (AP Photo/Evan Vucci)

US: TransCanada reapplies for oil pipeline

The Canadian company that wants to build the disputed Keystone XL pipeline in the U.S. submitted a new application for the project Friday after changing the route to avoid environmentally sensitive land in Nebraska.  More »
People fill the tanks of their vehicules at an YPF station in Buenos Aires, Argentina,  Thursday, April 12, 2012. Spanish Industry Minister Jose Manuel Soria  has warned that the government will interpret any "hostile gestures" against Spanish companies abroad as an act of aggression, in an apparent reference to a conflict with Argentina over an oil company controlled by Spain's Repsol. YPF,  which is 57 per cent owned by Repsol,  has rejected Argentine government pressure to plough some of its profits back into the South American country.(AP Photo/Natacha Pisarenko)

Argentine Congress easily approves YPF takeover

Argentina’s takeover of its formerly state-owned energy company from Spanish shareholders won easy approval from legislators Thursday night.  More »
Workers assemble solar panels on the factory floor of Chinese company Suntech in the eastern city of Wuxi. (PETER PARKS / AFP)

First Solar restructuring leads to loss of $449M

A shakeout that is rattling the solar panel industry has sent First Solar, once among the industry’s biggest and strongest companies, to a big quarterly loss.  More »
This October 2008 photo shows the Fukushima No. 1  power plant of Tokyo Electric Power Co. in Okuma, Japan. The country issued a state of emergency at the nuclear power plant after its cooling system failed. (AP Photo/Kyodo News)

As Japan shuts down nuclear power, emissions rise

The Fukushima crisis is eroding years of Japanese efforts to reduce greenhouse gas emissions blamed for global warming, as power plants running on oil and natural gas fill the electricity gap left by now-shuttered nuclear reactors.  More »

BP system to cap out-of-control wells by air

Sitting at a construction yard along Houston’s Ship Channel is a 35-foot-tall, 100-ton hunk of steel that its owners hope never to use.  More »
Fire crews sprayed water on the blazing remnants of BP's Deepwater Horizon offshore oil rig. (AP file)

BP Gulf spill judge orders Jan. 14 trial on U.S. claims

The judge presiding over the BP Plc litigation tied to the 2010 Gulf of Mexico oil spill set a Jan. 14 trial date to determine fault for the sinking of the Deepwater Horizon drilling rig and resulting undersea leak.  More »
A woman fills up her SUV at a California gas station. (Photo: FREDERIC J. BROWN/AFP/Getty Images)

Valero CEO says gas prices likely have peaked

The Eagle Ford shale formation will put out 500,000 barrels of crude oil a day by the end of the year, Valero Energy Corp. (VLO) Chief Executive Officer Bill Klesse said after the company’s annual meeting in San Antonio.  More »