Fuel Fix

President Barack Obama points while speaking at a town hall at a Gamesa wind turbine plant in Pennsylvania. (AP Photo/Pablo Martinez Monsivais)

Is President Barack Obama responsible for U.S. oil production rise?

President Barack Obama has gotten an earful from Republicans and energy industry officials for claiming his administration has helped to spur a rise in oil and natural gas production.  More »
(John Davenport/San Antonio Express-News)

Eagle Ford oil production to grow to 421,000 BPD by 2015

Oil production from the Eagle Ford formation in Texas will increase to 421,000 barrels a day by 2015, said John O’Shea, chief executive officer of Tradition Midstream LLC.  More »
Drivers test out the Nissan Leaf electric car at the 2010 Los Angeles Auto Show (AP file photo/Damian Dovarganes)

Electric-car use to reach tipping point in 2015

Better Place LLC, a U.S. startup developing charging stations for electric vehicles, predicts the “tipping point” for electric car use will come as soon as 2015, Chairman Idan Ofer said today.  More »

(AP file photo/Paul Sakuma)

Shell CEO talks oil prices, regulation, Europe crisis

Peter Voser, chief executive officer of Royal Dutch Shell Plc, discusses the European crisis and the role of businesses and governments in driving the economy.  More »
(Photo: David Paul Ohmer/Flickr)

FuelFix Newslinks |01.27.12|

Should Obama get credit for rise in oil production? CME eyes Houston, St. James as new trade hubs. Chevron may face charges over Frade spill.  More »
Commercial fishermen from St. Bernard Parish, La., hired by BP lay oil retention booms around New Harbor Island in the Gulf of Mexico in 2010. (AP Photo/Dave Martin)

Judge says BP contract gives partial shield to Transocean

U.S. District Judge Carl Barbier ruled Thursday, however, that Transocean is not exempt from paying punitive damages and civil penalties.  More »
Traders of crude oil and natural gas react during early trading at the New York Mercantile Exchange. (AP file photo/Bebeto Matthews)

Natural gas price falls after supply report

The U.S. had 3.1 trillion cubic feet of natural gas in storage — a level that’s 21.4 percent higher than the five-year average.  More »
The Noble Paul Romano. (Photo: Noble Corp.)

Noble Corp. rises as offshore drilling improves

Noble Corp. (NE), the offshore-drilling contractor building 11 new rigs, rose the most in more than four months after telling analysts that usage and lease rates for its vessels are improving throughout the world.  More »
(Image: Flickr/pawpaw67)

FirstEnergy closing 6 coal-fired power plants

FirstEnergy Corp. said today that new environmental regulations led to a decision to shut down six older, coal-fired power plants in Ohio, Pennsylvania and Maryland, affecting more than 500 employees.  More »
Chevron hired an investment banker to gauge buyer interest in its Hawaiian operations.
(AP Photo/Lynne Sladky)

NY court: Judge can’t block $18B Chevron judgment

A judge overstepped his authority when he tried to ban enforcement around the world of an $18 billion judgment against Chevron Inc. for environmental damage in Ecuador, a federal appeals court said.  More »
The existing Keystone oil pipeline is constructed in North Dakota.   (Photo courtesy of TransCanada)

Politicians get into heated exchange about Keystone XL subpoenas

There is never a dull moment with Keystone XL.  More »
Anadarko driller Brazil

Anadarko finds oil offshore Brazil as it plans assets sale

Anadarko Petroleum Corp. (APC), the independent U.S. producer that plans to sell its assets in Brazil, found traces of oil at an offshore well in the country’s most productive basin.  More »
The Seaway Crude Oil Pipeline Co.'s expanded pipeline will carry oil from Cushing, Okla., to refineries along the Gulf Coast. (Photo: LyondellBasell)

Downtown tower named after LyondellBasell

Here’s one way to keep an office tenant from leaving: put its name on the building.  More »
Craig Sautner, a resident of Dimock, Pa., holds a jug of contaminated water outside a September EPA meeting on hydraulic fracturing in New York. (Photo: AP/Press & Sun-Bulletin)

Cabot cites Obama speech to fault EPA’s Dimock fracking probe

Cabot Oil & Gas Corp. fired off a complaint to the Environmental Protection Agency, saying a probe of water in Dimock, Pennsylvania, undermines President Barack Obama’s embrace of natural gas in his State of the Union speech.  More »
(AP Photo/Keith Srakocic)

Texas says more than enough water for gas drilling

A Texas task force has determined a South Texas aquifer has enough water to support oil and gas production as well as more conventional residential and commercial uses.  More »