Fuel Fix

Chevron's massive deep water offshore platform is headed to the Gulf of Mexico where it is expected to begin production this year. (Chevron)

Exxon, Chevron clear to bid on Mexican shallow-water blocks

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Mexico forecasts that the opening of the energy industry will bring in $62.5 billion in private investment by 2018 and increase its annual oil output by 500,000 barrels a day in that time.

Exxon, Chevron clear to bid on Mexican shallow-water blocks

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Chevron's massive deep water offshore platform is headed to the Gulf of Mexico where it is expected to begin production this year. (Chevron)
Mexico forecasts that the opening of the energy industry will bring in $62.5 billion in private investment by 2018 and increase its annual oil output by 500,000 barrels a day in that time.
FILE - This Oct. 11, 2013 file photo shows cleanup at the site of an oil pipeline leak and spill near Tioga, N.D. (AP Photo/Kevin Cederstrom, File)

Cleanup of oil spill at ND farm to take 2 more years

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“It’s now just become part of our lives,” Patty Jensen said of the massive spill from a Tesoro Corp. pipeline that was discovered in September 2013 by her husband.

Exxon

PetroChina to buy 25 percent stake in Exxon field in Iraq

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PetroChina Co. agreed to buy a 25 percent stake in Iraq’s West Qurna 1 field from Exxon Mobil Corp.
Categories: Asia, General, Middle East
Supporters of a successful effort in 2012 to renationalize Argentina's largest oil company, YPF, wave flags. (AP Photo/Natacha Pisarenko)

Repsol to begin talks with Argentina over YPF settlement

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In a meeting Wednesday , board members “analyzed and valued positively” a proposal brokered by the governments of Spain and Argentina, the Madrid-based oil company said in a filing.

(Flickr/SalFalko)

Russia: Last Greenpeace detainee granted bail

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A Russian court has granted bail to the last of 30 Greenpeace activists who were detained at sea during a protest against oil drilling in the Arctic.
Rep. Rob Bishop, R-Utah. (AP Photo/Douglas C. Pizac)

Park Service withdraws comments on fracturing rule

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A congressman said the comments were a “thinly veiled attempt to vilify energy production and hydraulic fracturing on our public lands.”

(AP Photo/Lisa Poole, File)

Deaths of migratory birds lead to $300,000 settlement

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Most of the money from the settlement will go to a wildlife rehabilitation center.
Categories: Environment
Traders at the New York Mercantile Exchange (AP file photo/Frank Franklin II)

Oil drops near $92, at lowest level since May

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The Energy Department reported the nation’s supply of crude oil is “well above the upper limit of the average range for this time of year.”
Categories: General
Gasoline prices continue to fall and appear to be headed even lower as motorists prepare to hit the roads for Thanksgiving. ( Johnny Hanson / Houston Chronicle )

Gas climbs this week but Thanksgiving still cheaper venture for drivers

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Despite an uptick this week, gasoline prices are heading down along with the price of crude, the Energy Department projects.
Categories: Gasoline