FuelFix Newslinks |05.20.11|
Mitsui settles with BP. Shell floats an idea. Fonda lashes out at Obama. Hayward eyes an IPO. More »
Alberta wildfires wane, lessening risks to oil production
Cenovus, Canadian Natural Resources, Plains and other companies have shut facilities due to fires, while Shell and Syncrude limited staff at several Canadian sites because of smoke. More »
Shell’s shale gas may be refined into diesel, jet fuel
Europe’s largest oil company said a $19 billion investment may prove that abundant natural gas coaxed from shale rocks across the U.S. could be converted at its gas-to-liquids plant in Qatar. The plant will start production this year and make enough diesel to fuel 160,000 cars a day when it reaches full output. More »
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Back in the saddle: Former BP Chief Tony Hayward plans $1.6B oil fund IPO
Hayward, who resigned as BP CEO in October after the Deepwater Horizon disaster, seeks to raise funds to buy assets from the largest oil companies, which are selling mature assets and directing capital at exploration. More »
Oil falls below $99 per barrel
The IEA, based in Paris, said that even after falling about 13 percent since the beginning of May, petroleum products continue to take a large share of household and business spending around the world and threaten to stall the global economic recovery. The agency warned that there’s “urgent need” for refineries to produce more gasoline and bring down pump prices. More »
High gasoline prices mean low expectations for Memorial Day weekend
Rising gas prices are on the minds of 40 percent of travelers, with many planning to take shorter trips or otherwise conserve money. That might mean picking a Holiday Inn Express over a Holiday Inn or driving to a free beach instead of an amusement park. More »
Report faults mine owner in W.Va. coal blast
Massey Energy Co. recklessly ignored safety and allowed dangerous conditions to build inside a West Virginia mine until a blast last year killed 29 men in the deadliest U.S. coal accident since 1970, according to the report released this morning.
More »
Lawmakers get Chevron show and tell during ‘energy tour’
Six lawmakers, including Rep. Gene Green, D-Houston, have embarked on an “energy tour” of the Gulf Coast, complete with visits to oil service firms and the Chevron Tahiti production facility 190 miles south of New Orleans. More »
U.S. auto sales slow amid high pump prices
New vehicle sales this month have seen a “significant pullback” after a strong April, according to auto data tracker J.D. Power and Associates, citing near-record level gas prices as a factor. More »
Lufkin gets in on the fracking boom
Georgia-Pacific is planning to expand the output of resins used to coast proppants — like sand or ceramic pellets — used in hydraulic fracturing at its Lufkin, Texas plant. More »
What to do when the next oil shock hits
America has no plan for what to do when an oil shock hits, writes James Coan of Rice University’s Baker Institute Energy Forum. Instead, politicians tend to resort to rhetorical policy proposals that accomplish nothing in the short-run for consumers. Yet with a high risk of future volatility in markets, America needs a plan. More »
GM boosts Chevy Volt production to 60K per year
The automaker said its electric hybrid will be in short supply for the next three months because of a four-week shutdown to revamp the plant that makes the Volt. More »
April 26, 2013
Loading ...- The award-winning team behind FuelFix.com:
Jennifer A. Dlouhy
policy reporter
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business editor
Jeannie Kever
energy reporter
Don Mason
assistant business editor
Dan McGraw
web producer
Emily Pickrell
energy reporter
Simone Sebastian
assistant editor, FuelFix
Zain Shauk
energy reporter
Harry R. Weber
energy reporter
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