Fuel Fix

U.S. Coast Guard image showing the Royal Dutch Shell drilling rig Kulluk aground off a small island near Kodiak Island on Jan. 2, 2013. (AP Photo/U.S. Coast Guard)

Feds rap Shell for poor planning in botched tow of 2012 Arctic drilling rig

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The NTSB report comes at a pivotal time for Shell, which has asked federal regulators for permission to resume exploratory oil drilling in the Chukchi Sea as soon as July.

Feds rap Shell for poor planning in botched tow of 2012 Arctic drilling rig

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U.S. Coast Guard image showing the Royal Dutch Shell drilling rig Kulluk aground off a small island near Kodiak Island on Jan. 2, 2013. (AP Photo/U.S. Coast Guard)
The NTSB report comes at a pivotal time for Shell, which has asked federal regulators for permission to resume exploratory oil drilling in the Chukchi Sea as soon as July.
An oil tanker docks at a Chevron oil refinery in the San Francisco Bay. (Kimberly White/Bloomberg News)

The tanker market is sending a big warning to oil bulls

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A record cut to the number of active U.S. drilling rigs and billions of dollars of spending reductions by companies since last year’s price plunge has yet to translate into a slump in barrels produced.

Sen. Wendy Davis, D-Fort Worth, smiles as she addresses supporters at a rally in Haltom City, Texas, where she declared her candidacy for Texas governor. (AP Photo/LM Otero, File)

Wendy Davis joins PUC bashing over market vote

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Skepticism over major possible changes to the Texas electricity market spilled into the governor’s race Thursday when Democrat Wendy Davis joined bipartisan scolding of state energy regulators who haven’t shown signs of backing down.
Nuclear Regulatory Commission, Allison MacFarlane (second from right) the chair of the Nuclear Regulatory Commission, listens to Richard St. Onge, director of Nuclear Regulatory Affairs for Southern Cal Edison (third from right) speak during a tour of the troubled San Onofre Nuclear Power Station in San Juan Capistrano, Calif.  Top U.S. nuclear regulator MacFarlane says nuclear energy users, including Japan, must figure out how to ultimately store radioactive waste. (AP Photo/Nuclear Regulatory Commission, Eliot Brenner, File)

Top US nuclear regulator urges storage solution

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The United States’ top nuclear regulator said Friday that atomic energy users, including Japan, must figure out how to ultimately store radioactive waste.
Categories: Nuclear

(Image: Fotolia)

Oil steady after stronger US economic growth

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The price of oil was steady Friday after being buoyed by stronger economic growth in the world’s largest economy.
Categories: Crude oil, Markets
A CHC helicopter

How to escape from a sinking helicopter (photos)

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Helicopters are the leading cause of death for offshore oil and gas workers, far outpacing fatalities from explosions and heavy rig equipment. Houstonia magazine goes inside the underwater escape training course that offshore workers complete before taking their first trip.
(Andrey Rudakov/Bloomberg)

Shell abandons plans for $20B Gulf Coast plant

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Royal Dutch Shell said Thursday it is abandoning plans for a massive gas to liquids project envisioned for Louisiana, citing poor economics for the project that was expected to cost more than $20 billion.
Categories: Natural gas
Crewmen work a site for TransCanada's Keystone XL project in Wood County, Wednesday, Oct. 24, 2012, in Winnsboro. (Cody Duty / Houston Chronicle)

Keystone South won’t deliver oil before mid-January

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The company’s bulletin Thursday was “clarification to our customers.”
Categories: Keystone XL
(Image: Fotolia)

Oil gains on U.S. growth; natural gas soars

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Natural gas added 17 cents to $4.13 per 1,000 cubic feet, the highest closing price since May 29.
Categories: Crude oil, Natural gas