Who left that bear there?

Is gasoline demand running on vapors?

Posted on May 27, 2011 at 11:12 am by WSJ in General

How much gasoline does America burn? It’s a critical question for oil companies, economists, investors and OPEC, among others. But the data are a little slippery. (Via W$J) More »

Putin: Shell could work with Rosneft in Arctic

Posted on May 27, 2011 at 10:53 am by Associated Press in Offshore

Russia’s state-controlled oil company could team up and swap shares with Royal Dutch Shell in an Arctic offshore deal similar to one that fell through with BP this month, the prime minister said Friday. More »

Constellation buys StarTex for $142.5M

Posted on May 27, 2011 at 7:41 am by Jillian Cohan in Electricity

The all-cash deal gives Baltimore, Md., based Constellation a foothold in the Texas mass market, the most active residential market in the country. More »

Natural gas vehicle bill heads to Perry’s desk

Posted on May 27, 2011 at 7:16 am by Tom Fowler in Natural gas, Politics/Policy, Social

The Texas Senate gave the final OK on a bill that would encourage the use of natural gas-fueled heavy trucks and build natural gas filling stations between Texas’ major cities. More »

GOP presidential hopefuls shift on global warming

Posted on May 27, 2011 at 7:06 am by Associated Press in General

Faced with an activist right wing that questions the science linking pollution to changes in the Earth’s climate and also disdains big government, most of the Republican contenders have stepped back from their previous positions on global warming. More »

Texas Energy Star sales tax holiday kicks off Saturday

Posted on May 27, 2011 at 7:02 am by Vicki Vaughan in General

The incentive program for power-saving appliances runs Saturday through Monday. Sales can be in stores, online and through certain catalog providers. More »

Fukushima’s tsunami safety plan was a one-page memo

Posted on May 27, 2011 at 6:56 am by Associated Press in Accidents, Asia

A single-page document written a decade ago by operators of Japan’s crippled nuclear plant was enough to convince regulators that its reactors were safe from the worst waves an earthquake could muster. More »

FuelFix Newslinks |05.27.11|

Posted on May 27, 2011 at 6:43 am by Tom Fowler in General

Impatience with CFTC. ATP finishes first post-spill deep well. GE says sun power’s gonna be cheap. More »

Tullow makes $305M deal to increase Jubilee stake

Posted on May 27, 2011 at 12:44 am by Bloomberg in Africa

The firm’s agreement to buy the offshore Ghanaian interests of EO Group will boost Tullow’s interest in West Africa’s biggest oil discovery in a decade. Tullow’s partners in Ghana are Kosmos Energy, Anadarko Petroleum and Ghana National Petroleum. More »

Defense veteran in talks to join Hayward energy fund

Posted on May 27, 2011 at 12:02 am by FT.com - Energy in People

The board of Tony Hayward’s new energy fund, Vallares, which will see the former head of BP return to British corporate life, is taking shape. George Rose, the former finance director at defense contractor BAE Systems is in talks to take up the position of chair of the audit committee. (Via FT.com) More »

PetroChina parent raises stake to bolster sagging shares

Posted on May 26, 2011 at 11:58 pm by Reuters in General

CNPC has raised its stake in the firm to 86.3 percent and plans to buy more stock in an apparent effort to bolster the share price of Asia’s largest oil and gas producer. (Via Reuters) More »