Fuel Fix

Chevron's massive deep water offshore platform is headed to the Gulf of Mexico where it is expected to begin production this year. (Chevron)

Exxon, Chevron clear to bid on Mexican shallow-water blocks

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Mexico forecasts that the opening of the energy industry will bring in $62.5 billion in private investment by 2018 and increase its annual oil output by 500,000 barrels a day in that time.

Exxon, Chevron clear to bid on Mexican shallow-water blocks

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Chevron's massive deep water offshore platform is headed to the Gulf of Mexico where it is expected to begin production this year. (Chevron)
Mexico forecasts that the opening of the energy industry will bring in $62.5 billion in private investment by 2018 and increase its annual oil output by 500,000 barrels a day in that time.
FILE - This Oct. 11, 2013 file photo shows cleanup at the site of an oil pipeline leak and spill near Tioga, N.D. (AP Photo/Kevin Cederstrom, File)

Cleanup of oil spill at ND farm to take 2 more years

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“It’s now just become part of our lives,” Patty Jensen said of the massive spill from a Tesoro Corp. pipeline that was discovered in September 2013 by her husband.

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OSHA cites Houston manufacturer after worker struck by machine part

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The agency has proposed penalties totaling $199,800 for four repeat and three serious violations, according to OSHA.
Categories: Accidents, Refining
A series of pipes direct natural gas in Bismarck, North Dakota. (Daniel Acker/Bloomberg)

Poll: Americans support more pipelines, including Keystone XL

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Eight out of 10 Americans support expanding the nation’s energy infrastructure, with new pipelines and other facilities to transport oil and gas across the U.S., according to a survey released Thursday.

The Texas Panhandle sky silhouettes a Linn Energy drilling rig in Wheeler County. (Linn Energy)

US natural gas reserves rise in the global ranks

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The US is now No. 12 in terms of proved oil reserves, but is quickly becoming a leader in natural gas reserves instead.
Categories: Crude oil
Deputies vote during a session to debate oil industry reforms at the Mexican Congress in Mexico City, Mexico, on Thursday, Dec. 12, 2013. PRD lawmakers and allies forced the legislative session into a cramped alternate auditorium at the lower house complex in Mexico City after seizing control of the permanent legislative chamber in a bid to prevent the bill from being debated. Mexico's lower house passed an energy bill that ends Petroleos Mexicanos' 75-year oil monopoly in a bid to attract foreign investment and boost growth. (Susana Gonzalez/Bloomberg)

Mexican Congress approves historic energy bill

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Mexico’s Congress voted Thursday to open the country’s moribund state-run oil industry to private investment after a raucous, overnight debate over the most dramatic energy reform in decades.
Categories: Crude oil, Latin America
(AP Photo/Don Ryan, file)

Exxon predicts fossil fuels will reign supreme through 2040

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Oil and gas will provide the bulk of the energy needed to fuel the world by 2040, with most of it coming from North America, Russia and the Middle East, Exxon Mobil predicted Thursday.
(StockMonkeys.com/Flickr)

Cars, trucks hit record gas mileage last year

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The EPA is estimating that the average mileage of 2013 cars will rise another 0.4 mpg to 24.
Categories: Environment, Gasoline
Kurt Mix (center) arrives at the Hale Boggs Federal Building in New Orleans, Tuesday, Dec. 3, 2013.  (AP Photo/Jonathan Bachman)

Ex-BP engineer isn’t expected to testify at trial

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A former BP drilling engineer isn’t expected to testify at his trial on charges he deleted text messages about the company’s response to its massive 2010 oil spill in the Gulf of Mexico.