Fuel Fix

(Daniel Acker/Bloomberg)

Wyoming oilmen diversify to survive the bust

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Casper businesses were the hub for Wyoming’s oilfields during the boom years. Today, they are rewriting business plans, reassigning machines for jobs outside the oil patch and experimenting with new product lines.

Wyoming oilmen diversify to survive the bust

on
(Daniel Acker/Bloomberg)
Casper businesses were the hub for Wyoming’s oilfields during the boom years. Today, they are rewriting business plans, reassigning machines for jobs outside the oil patch and experimenting with new product lines.
Anadarko Petroleum Corporation CEO Al Walker. (Nick de la Torre / Houston Chronicle)

Anadarko Petroleum cuts dividend 81 percent

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The cut will save the company $450 million annually.
Day1-SocialMedia

Direct Energy buys Bounce Energy for social media savvy

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Direct Energy, a national energy and energy-related services company, purchased the privately-held retailer, playing to use Bounce Energy’s digital marketing and e-commerce skills to grow its national market.
Categories: Deals, Electricity
Gas, condensate and salt water leaked from an Energy Resource Technology well in the Gulf of Mexico on July 8, producing a rainbow sheen at one point estimated to stretch four miles. By July 12, it had been brought under control and was no longer leaking. (Photo: Billy L. Dugger with On Wings of Care)

Workers preparing to permanently kill Gulf well

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Workers are preparing to permanently kill a leaking gas well in the Gulf of Mexico this weekend, after temporarily sealing it off late Thursday.

The Perils of Ignoring Warnings

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Over the past few years there have been concerns that tensions between Iran and the west could lead to an Iranian attempt to shut the Strait of Hormuz. Since last week, there has been growing concern that unrest in Egypt could affect shipping through the Suez Canal. Between the Strait of Hormuz and the Suez […]
Categories: General
A driver fills up his vehicle at a compressed natural gas station.  (AP file photo/Douglas C. Pizac)

Commentary: 10 points to consider in the great natural gas vehicle debate

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The perception of natural gas as a mainstream fuel for vehicles runs the gamut. Here are ten points to stir up the melding pot of the great natural gas vehicle debate.
(LM Otero/AP)

Exxon’s $735 million Ukraine pledge shows Black Sea zeal

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Exxon Mobil Corp (XOM). is so confident of prospects in the unexplored Black Sea it will spend $735 million to drill just two deep-water wells off Ukraine’s coast.
Categories: Crude oil, Offshore
(Photo: Steve Snodgrass/Flickr)

NRC: Minor violation for missed NC nuke plant flaw

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Analysts hired to look for flaws inside a Duke Energy nuclear plant might have missed a tiny crack near the reactor core that went undetected for a year because they worked for weeks without a day off and may not have worked independently, a report Thursday by federal regulators said.
Categories: Nuclear
A thick cloud of fog and morning light engulfs wind turbines at the BP Sherbino Mesa II Wind Farm in Fort Stockton. ( Michael Paulsen / Houston Chronicle )

Mass. Gov. Patrick: I’d back wind turbine health study

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Gov. Deval Patrick says he would back a proposal calling for an “independent scientific study” of the health effects of wind turbines.
Categories: Wind

Live Until August 31st, Oil Drum Successors Discussion, and User Profiles

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We have been overwhelmed by the many positive stories over the last number of days from the great community here following the announcement to turn the website into an archive. A large thank you for sharing all types of kind personal remarks and storie…
Categories: Uncategorized

Drumbeat: July 12, 2013

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IEA hedges bets on new 20-year supply peak in non-OPEC oil
The International Energy Agency has painted a picture of softer market fundamentals in 2014, but gone to lengths to point out a number of intangibles which could ultimately derail its latest pr…
Categories: Uncategorized
ValeroLogo

Valero warns on second-quarter profit

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Valero Energy Corp. warned Thursday its second-quarter profit will fall below estimates because of higher costs and shallower discounts for heavy sour crude oil.
Categories: General, Refining
Wrecked oil tankers and debris from a runaway train are piled up following a deadly explosion in Lac-Megantic, Quebec, Canada in July 2013. (AP Photo/Surete du Quebec, The Canadian Press)

Police: 24 bodies now found in Quebec train crash

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The first victim of a runaway oil train’s explosive derailment in a Quebec town was identified Thursday, more than five days since the disaster, which left behind a scorched scene so dangerous that it slowed the search for 50 people presumed dead.
Categories: Accidents, Canada
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Workers launch operation to kill leaking Gulf well

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Workers began pumping drilling mud into a gas well 74 miles off the Louisiana coast on Thursday, in a bid to stop condensate leaking into the Gulf of Mexico.