Fuel Fix

(Marcus Bengtsson/Creative Commons)

Shell’s Arctic icebreaker damaged in Alaska

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Shell’s contracted ice management vessel, the MSV Fennica, is being examined by marine experts, but it is uncertain how quickly a breach in its hull can be repaired and whether this will delay the company’s hopes to begin drilling an oil well in the Chukchi Sea later this month.

Shell’s Arctic icebreaker damaged in Alaska

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(Marcus Bengtsson/Creative Commons)
Shell’s contracted ice management vessel, the MSV Fennica, is being examined by marine experts, but it is uncertain how quickly a breach in its hull can be repaired and whether this will delay the company’s hopes to begin drilling an oil well in the Chukchi Sea later this month.
Low clouds blanket Anchorage, Alaska, east of downtown, on Friday morning, December 7, 2012. An optical illusion known as Fata Morgana distorts the view of the mountains west of Cook Inlet. Alternating warm and cold layers of air bend light to create the effect. (Marc Lester/Anchorage Daily News/MCT)

Hilcorp acquires Exxon Mobil subsidiary’s Alaska assets

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The new deal is part of Hilcorp’s expansion in the state. The company arrived four years ago and has since become a major player in oil and gas in Cook Inlet and the North Slope.
Categories: featured, General

Lucas Hunter from Pittsburgh, walks to his hotel along Camp Road in Hamburg, N.Y. after a stretch of the New York State thruway  was closed down due to high winds Tuesday, Jan. 7, 2014. (AP Photo/The Buffalo News, Harry Scull Jr.)

Polar vortex, winter storm predictions push up natural gas prices

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Predictions of a possible severe weather storm in the Northeast at the end of the month is pushing forward natural gas prices up, according to a Platts webcast discussion Monday morning.
Categories: Electricity, Natural gas
Earthquake2-DaveSchumaker-flickr

Are injection wells helping spark Texas quakes?

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The widespread use of hydraulic fracturing to extract natural gas and oil from shale formations has increased the need for disposal wells, which are used to send wastewater deep underground. And there is some evidence they can cause quakes.

(AP Photo/Skagit Valley Herald, Scott Terrell)

New regulations for oil on rail cars to come in 2015

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Regulations that could force oil companies to use stronger rail cars to move crude will likely be ready in 2015, according to a schedule published Tuesday by the U.S. Department of Transportation.
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Anadarko unit pushes court to slash billions from its liability in Tronox case

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Investors boosted Anadarko Petroleum’s market value by $1.4 billion on Tuesday, a day after the company’s Kerr-McGee unit pushed back on a federal court’s ruling that it owes up to $14 billion in environmental and tort liabilities.
Crewmen work a site for TransCanada's Keystone XL project in Wood County, Wednesday, Oct. 24, 2012, in Winnsboro. (Cody Duty / Houston Chronicle)

Consumers, Environment Benefit from Efficient Infrastructure

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Our nation’s infrastructure is no longer able to efficiently deliver energy to our nation’s consumers. Bottlenecks and aging systems result in efficiency losses, driving up the ultimate cost to the consumer. Identifying the root of the problem isn’t hard. We know excess oil in North Dakota or wind power in Iowa does not have sufficient […]
(AP file photo)

Analyst predicts world’s next shale boom — and it’s not China

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While companies have eyed shale development in China, lured by the prospect of huge reserves and easy financing, the world’s next major shale boom is likely to come from another country, according to a new analysis.
Categories: featured, Shale
The sun shines over a Range Resources well site in Washington, Pa. (AP Photo/Keith Srakocic, File)

Natural gas futures soar on forecasts for record stockpile drop

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Natural gas futures surged the most in 16 months on speculation that government data will show a record decline in U.S. stockpiles of the heating fuel as cold weather boosts demand.
Categories: Natural gas, Weather