Nigeria’s senate set to pass delayed oil bill
Lawmakers may approve a bill to regulate the oil industry of Africa’s top producer next week, after addressing concerns about taxes and royalties raised by international energy companies. More »
Gasoline prices unlikely to drop to $3, ConocoPhillips CEO says
A drop that low would mean a significant retreat in crude oil prices, which consumers may welcome but would likely be a sign that demand was declining and the economy reentering a recession, CEO Jim Mulva told shareholders in Houston today. More »
2010 a good year for white collar energy workers, says salary survey
Reservoir engineers saw salaries rise 20 percent in 2010 as higher oil prices and the onshore drilling boom drove demand for skilled E&P workers, according to a survey by Denver’s CSI Recruiting. The survey compares average salaries in Houston, Dallas, Denver and other regions. More »
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Feds approve Shell deep-water exploration plan
Federal regulators today approved an offshore exploration plan that would pave the way for Shell to drill five new exploratory wells in its Appomattox prospect in the Gulf of Mexico. Shell’s deep-water exploration blueprint is the second such plan to get the government’s green light since last year’s Gulf spill, when federal regulators committed to conducting environmental assessments of those proposals. More »
OPEC holds demand forecast steady
Despite the surge in oil prices over the past couple of months, OPEC has argued the gains are largely linked to market speculation and not on supply-demand fundamentals.
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Conoco exec: Ending tax breaks for oil majors won’t help consumers
“We think there’s a real mischaracterization of the whole debate,” ConocoPhillips’ Chief Financial Officer Jeff Sheets told reporters this morning before the Houston oil company’s annual shareholder meeting. More »
Commentary: Two more bad energy bills from Congress
Soaring gasoline prices are having their usual effect in Washington: a release of short-sighted legislation, Loren Steffy writes. Both parties have fired off bills they hope will capitalize on mounting anger at the pump, providing us with the latest example of how neither party wants to deal with real energy issues. More »
Feds flag Alabama nuclear plant for severe safety issue
The U.S. Nuclear Regulatory Commission issued a rare red finding against the Browns Ferry nuclear power plant for the failure of a valve that could have meant that one of the plant’s emergency cooling systems would not have worked as designed. More »
U.S. trade deficit widens in March on pricier oil
Oil imports soared to $39.3 billion, an 18 percent rise from February. That’s the highest level since August 2008, and reflects steep price increases and more demand. More »
FuelFix Newslinks |05.11.11|
Judge tells feds to act. Docs tell Barton he’s wrong. Dems say tax break savings will go to deficit. More »
Devon gets OK to sell Brazilian assets to BP
The $3.2 billion deal brings the Oklahoma City-based independent closer to its goal of divest its Gulf of Mexico and international assets to focus on its North American onshore exploration and production business. More »
In Libya’s once gilded economy, a pause
Hundreds of thousands of foreign workers, once the backbone of the economy, have fled. International sanctions have dried up oil export revenues, and gas stations have become battle grounds, with soldiers guarding the pumps and motorists waiting for days for their turn to fill up. More »
April 26, 2013
Loading ...- The award-winning team behind FuelFix.com:
Jennifer A. Dlouhy
policy reporter
Laura Goldberg
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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