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
(AP Photo/David J. Phillip)

Senators duel over climate change

on
Senate Republicans and Democrats were battling over climate change Thursday, during a hearing on President Barack Obama’s plan to combat greenhouse gas pollution and deal with the unpredictable weather and geographic changes it causes.
(LEON NEAL/AFP/Getty Images)

Libya oil revenues for 2013 fall short of projections

on
Deputy Minister for Oil and Gas, Omar Shakmak, announced on state television Thursday that proceeds from Libyan crude yielded a little less than $40 billion, less than the projected $ 50 billion for 2013.
Categories: General, Middle East

A crane stands next to Petroleos Mexicanos (Pemex) signage displayed on the company's La Muralla IV deep sea crude oil platform in the waters off Veracruz, Mexico, on Friday, Aug.30, 2013.  (Susana Gonzalez/Bloomberg)

Pemex to stake claims under Mexico’s new energy policy

on
Mexico’s oil company likely will target shallow-water fields when given the chance to stake its claim before a new policy opens the nation’s oil and gas fields to foreign firms, a legal expert said Wednesday.
Categories: Latin America, Offshore
Alaska Gov. Sean Parnell speaks in Houston in 2013. (James Nielsen / Houston Chronicle )

Agreement spells out Alaska gas pipeline project terms

on
A newly signed commercial agreement anticipates Alaska’s equity share in a major natural gas pipeline project at about 20 to 25 percent
(Photo: Fotolia)

Oil rises nearly 2 percent on big drop in US supplies

on
Benchmark U.S. crude oil for February delivery rose $1.58, or 1.7 percent, to $94.17 a barrel on the New York Mercantile Exchange.
(AP Photo/Skagit Valley Herald, Scott Terrell)

House panel to examine rail safety

on
Following a series of fiery explosions involving oil-carrying trains, a House panel will hold a hearing to examine the safety of moving crude by rail.
Categories: General
ShalePlayApp

Shale? There’s an app for that

on
Bracewell & Giuliani LLP announced just launched the ShalePlay app – a response to booming shale oil and gas production. The firm’s energy law and environmental law attorneys and government relations professionals put together the free app as a resource on shale and hydraulic fracturing news, information and trends. The ShalePlay app includes information on legislation, regulation, shale studies, an interactive […]
Categories: Uncategorized