Fuel Fix

(Photo: BFS Man)

Duke Energy CEO says U.S. energy independence is the wrong goal

Duke President and Chief Executive Officer Jim Rogers said energy independence in the United States has been the Holy Grail for more than three decades, but it’s the wrong goal for Americans.  More »
Rep. Lee Terry, R-Neb. (AP photo)

GOP to try again on linking Keystone XL to highway bill

Republicans will try again to pass a bill by Rep. Lee Terry, R-Neb., to let the Keystone XL pipeline to cross the U.S.-Canadian border. In making the announcement, Republicans cited Kinder Morgan Energy Partners’ plan to expand a pipeline in Canada to the Pacific coast.  More »
(Photo: Julien Tromeur, Flickr)

Oil falls below $103 after China growth slows

Retail U.S. gasoline prices fell for the seventh day in a row.  More »
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A view of the facility at Shell's Ursa project in the Gulf of Mexico. Shell is the operator on the project, but working partners include BP, Exxon Mobil and ConocoPhillips. (Photo: Shell)

Feds say natural seep is likely source of Gulf oil sheen

Naturally seeping oil from the seafloor is the likely culprit behind a 10-mile sheen discovered in the central Gulf of Mexico earlier this week, federal officials said Friday.  More »
People fill the tanks of their vehicules at an YPF station in Buenos Aires, Argentina,  Thursday, April 12, 2012. Spanish Industry Minister Jose Manuel Soria  has warned that the government will interpret any "hostile gestures" against Spanish companies abroad as an act of aggression, in an apparent reference to a conflict with Argentina over an oil company controlled by Spain's Repsol. YPF,  which is 57 per cent owned by Repsol,  has rejected Argentine government pressure to plough some of its profits back into the South American country.(AP Photo/Natacha Pisarenko)

Argentine governor denies press report on YPF takeover proposal

The governor of Argentina’s Jujuy province rejected a media report that said the government plans to send Congress a bill authorizing it to take a 50.01 percent stake in YPF SA, the country’s biggest energy company.  More »
This photo taken and released by Rio de Janeiro's government, shows an aerial view of a boat crossing an area of an oil spill in an offshore field operated by Chevron at the Bacia de Campos, in Rio de Janeiro state, Brazil. Rio de Janeiro state's environment secretary, Carlos Minc, says Brazil is expected to fine Chevron nearly $28 million for the ongoing offshore oil spill and will also ask Chevron to pay for damages caused by the Atlantic spill. Minc said Monday he considers the fine way too lenient, but it's the maximum allowed under current Brazilian law. (AP Photo/Rio de Janeiro's government,Rogerio Santana)

Chevron plans to resume operations in Brazil after spill

Chevron Corp., the second-largest U.S. oil company, plans to resume operations at Brazil’s eleventh-largest oil field after studying the causes of recent leaks.  More »
Former TCEQ member Buddy Garcia. (Photo: Harry Cabluck, AP)

Former TCEQ Commissioner Buddy Garcia appointed to Railroad Commission

Former Texas Commission on Environmental Quality Commissioner H.S. Buddy Garcia has been appointed to the Texas Railroad Commission by Gov. Rick Perry, the Office of the Governor announced on Thursday.  More »
Employees of National Oilwell Varco demonstrate the workings of an oil rig at their Galena Park yard on the Houston Ship Channel where they outfit rigs for land and sea. Photographed April 28, 2008 in Galena Park. ( Eric Kayne / Chronicle )

NOV acquires Wilson, as it stakes out bigger share of oilfield equipment market

National Oilwell Varco plans to purchase Schlumberger’s Wilson distribution business segment in an all-cash transaction for an undisclosed sum, the company announced on Tuesday.  More »
(AP Photo/Pablo Martinez Monsivais)

White House creates natural gas task force

The Obama administration on Friday established a working group to coordinate federal regulation of natural gas production, amid industry complaints that an increasing number of government agencies are overseeing the activity.  More »
ExxonMobil CEO Rex Tillerson (left) talks to Russian Prime Minister Vladimir Putin during a  signing ceremony in Russia in 2011. (AP photo/RIA Novosti, Alexei Druzhinin, pool)

Exxon, Rosneft to outline Arctic drilling plan next week

Exxon Mobil Corp. (XOM), the largest U.S. oil producer, and Russian energy company OAO Rosneft (ROSN) will present details of their $3.2 billion joint-exploration agreement to analysts in New York on April 18.  More »
Eugene Martinez inspects a truck during driver training. "We can't take just anybody and put them in a $100,000 vehicle," an education leader says. Photo: BILLY CALZADA / SAN ANTONIO EXPRESS-NEWS

Truckers wanted for Eagle Ford Shale jobs

Since the drilling frenzy began in the Eagle Ford Shale, the need for truck drivers has boomed along with it.  More »
A Kinder Morgan Energy Parterns oil terminal along the Houston Ship Channel (Photo: Kinder Morgan)

Kinder Morgan to expand Canada pipeline

Kinder Morgan Energy Partners is throwing a $5 billion solution at Canada’s growing supply of stranded oil, announcing Thursday that it plans to nearly triple the capacity of a pipeline that would kick open the door to Asia.  More »
Cheniere Energy Partners' LNG import terminal on the Louisiana side of Sabine Pass. (Photo: Cheniere Energy)

LNG export plant verges on U.S. approval

Cheniere Energy Inc. (LNG), the natural gas importer that lost $1.2 billion in a decade, is poised to become the sole U.S. exporter of fuel from the shale bonanza that’s turned the nation into the world’s biggest gas producer.  More »
An oil pump works near Stanley, N.D. (AP file photo/James MacPherson)

Infrastructure could limit Bakken drilling

Infrastructure challenges in western North Dakota could limit the number of oil and gas drilling rigs in the Bakken system’s rich Williston Basin, industry executives said at a conference.  More »
Exxon Mobil Corp. chairman and chief executive Rex W. Tillerson speaks to reporters during a news conference. (AP file photo/LM Otero)

Exxon top exec earns 17pct. pay increase

Exxon Mobil says its top executive received a 17 percent increase in compensation last year.  More »