Fuel Fix

(ALEXANDER KLEIN/AFP/Getty Images

OPEC seen backing Saudi Arabia’s plan to keep supplies elevated

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Crude plunged for eight of nine weeks prior to the group’s November gathering, when the kingdom faced down opposition from the majority of fellow members, who advocated output reductions to tackle a global glut.

OPEC seen backing Saudi Arabia’s plan to keep supplies elevated

on
(ALEXANDER KLEIN/AFP/Getty Images
Crude plunged for eight of nine weeks prior to the group’s November gathering, when the kingdom faced down opposition from the majority of fellow members, who advocated output reductions to tackle a global glut.
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.

Comstock Resources makes a $66.5 million Eagle Ford purchase

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Comstock Resources Inc. will purchase 70 percent of Ursa Resources Group II LLC’s interests in the eastern part of the Eagle Ford Shale. The $66.5 million deal includes one well producing 433 barrels of oil equivalent per day and 32,000 gross acres in Burleson and Washington counties. The company said the properties are near successful [...]
Categories: Uncategorized

ISCO opens an Eagle Ford facility

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Louisville, Ky.-based ISCO Industries Inc., a supplier and custom fabricator of high-density polyethylene piping products, is moving into the Eagle Ford Shale. The company recently opened a 4,000-square-foot facility in Pleasanton at 100431 Interstate 37 South. ISCO has more than 30 facilities in North America, Australia and Chile. It sells HDPE pipe and, piping materials, 
Categories: Uncategorized

A male sage grouse performs  his "strut." (AP Photo/Rawlins Daily Times, Jerret Raffety, File)

Agency again approves Kinder Morgan’s Ruby Pipeline

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Agency officials said they were sticking to their conclusion that mitigation measures are sufficient to offset the environmental impact for a number of species, including the sage grouse.
Categories: Environment, Pipelines
Patrick Juneau, administrator of the Deepwater Horizon Claims Center. (Houston Chronicle)

BP asks court to order judge to limit spill payments

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BP is challenging a decision upholding the interpretation of the agreement by its claims administrator, Patrick Juneau.
Categories: Gulf oil spill
Tracy Olson/Flickr

Senate plan takes aim at oil industry tax breaks

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Senate Finance Committee Chairman Max Baucus on Thursday unveiled a proposal to spike a raft of oil industry tax breaks as part of a broader plan to lower the corporate tax rate.
Categories: Politics/Policy
New York Gov. Andrew Cuomo. (AP Photo/Richard Drew)

Documents add to New York debate on hydraulic fracturing

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Gov. Andrew Cuomo has been criticized for not lifting a longstanding moratorium against the drilling technique.
(AP file photo/David J. Phillip)

Panel grants pollution waiver for Illinois coal plants

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The Illinois Pollution Control Board has agreed to give a Texas company extra time to install pollution controls at five Illinois coal-fired power plants.
Categories: Electricity, Environment