Fuel Fix

(AP Photo/U.S. Geological Survey, S.A. Sonsthagen)

Obama administration delivers big blow to Shell’s Arctic drilling plans

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The Fish and Wildlife Service said it could not authorize sound from Shell’s planned drilling of wells roughly nine miles apart to disturb walruses in the Chukchi Sea, because a 2013 requirement mandates a 15-mile buffer zone.

Obama administration delivers big blow to Shell’s Arctic drilling plans

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(AP Photo/U.S. Geological Survey, S.A. Sonsthagen)
The Fish and Wildlife Service said it could not authorize sound from Shell’s planned drilling of wells roughly nine miles apart to disturb walruses in the Chukchi Sea, because a 2013 requirement mandates a 15-mile buffer zone.
CB&I Chairman and CEO Philip K. Asherman, May 23, 2014 in The Woodlands, TX. (Eric Kayne/For the Chronicle)

CB&I jumps on $1.5 billion Houston petrochem project with Oxy

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The ethylene cracker project is being constructed by Occidental’s OxyChem subsidiary and Mexichem in the Ingleside Ethylene joint venture near Corpus Christi.

Money Roll

Free! A (small) slice of Eagle Ford mineral rights

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If you’ve been missing out on this whole oil boom thing that’s happening in South Texas, the new Shiner Landing development is offering a chance to win some Eagle Ford Shale mineral rights. OK, so it’s a small amount of minerals.
(ALEXANDER KLEIN/AFP/Getty Images

Several energy ministers say no OPEC cut needed

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Ministers from Saudi Arabia, Kuwait and Iraq said OPEC needn’t cut production next year to make room for additional supplies from Iran, Libya and U.S. shale oil.

Oil Barrel

Oil rises on improved U.S. economic growth

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Benchmark U.S. oil rose 28 cents to close at $99.32.
Categories: Crude oil, Gasoline

Plains All American announces $120 million in Eagle Ford projects

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Plains All American Pipeline has announced $120 million in capital projects for the Eagle Ford Shale region, including a new natural gas liquids fractionator. The fractionator, expected to be operational in the second quarter of 2015, will be able to process up to 15,000 barrels per day of natural gas liquids, the Houston-based company announced […]
Categories: Uncategorized
(Plains All American)

Plains All-American to expand Eagle Ford presence

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Plains All American Pipeline has announced $120 million in capital projects for the Eagle Ford Shale region, including a new natural gas liquids fractionator.
As U.S. crude production nears records, the oil industry is pushing for relaxed rules on oil exports.  (AP Photo/Orlin Wagner)

Oil industry takes aim at export ban

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The oil industry is fighting back against allegations that it is looking to recruit another country to challenge the U.S. ban on exporting American crude.
Categories: Politics/Policy
LEDBulb_small

Bigger homes, more gadgets not stopping drop in power use

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U.S. electricity sales are on track to fall again in 2013, likely marking the fifth time in six years that Americans have bought less power than the year before, according to the U.S. Energy Information Administration.
Categories: Electricity