Fuel Fix

(AP Photo/Al Grillo)

Hilcorp acquires Exxon Mobil subsidiary’s Alaska assets

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Categories: featured, General
The new deal is part of Hilcorp’s expansion in the state. The company arrived four years ago and has since become a major player in oil and gas in Cook Inlet and the North Slope.

Hilcorp acquires Exxon Mobil subsidiary’s Alaska assets

on
Categories: featured, General
(AP Photo/Al Grillo)
The new deal is part of Hilcorp’s expansion in the state. The company arrived four years ago and has since become a major player in oil and gas in Cook Inlet and the North Slope.
OTC 2013

Technip to lay off 6,000 workers

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The Paris-based firm, which has its main U.S. offices in Houston, said Monday the move will save it $919 million over the next two and a half years, with the bulk of those savings coming in 2016.

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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
Holly Corp.'s Woods Cross Refinery in Utah.

Doctors seek to block oil refinery expansion

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A group of doctors concerned about air pollution is asking Utah regulators to put a hold on a major oil refinery expansion.
Categories: Environment, Refining

(AP Photo/David J. Phillip)

Hydraulic fracturing reduces threat of Texas drought, researchers say

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The water saved by shifting a power plant from coal to natural gas is 25 to 50 times as great as the amount of water required to extract the natural gas through hydraulic fracturing, according to a University of Texas study released Thursday.
(Image: Fotolia)

WTI-Brent spread narrowing as US exports record fuels

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The price gap between the world’s two biggest oil benchmarks probably will narrow next year as U.S. exports of refined fuels reach a record and crude supply from the Middle East and North Africa expands.
Categories: Crude oil, Markets
Workers in protective suits and masks wait to enter the emergency operation center at the crippled Fukushima Dai-ichi nuclear power station in Okuma, Japan in 2011. (AP Photo/David Guttenfelder, Pool)

Japanese government to pay more for Fukushima cleanup

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Japan’s government announced Friday that it will increase the amount of money it is providing to the operator of the crippled Fukushima nuclear plant to step up cleanup and decommissioning efforts.
Categories: Environment, Nuclear
Sugarcane is harvested in Brazil for BP's Tropical ethanol plant, part of BP's biofuels expansion in the South American country. (Marc Morrison/BP)

Brazil sugar ethanol busines struggling amid caps on fuel prices

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Only 24 percent of Brazil’s flex-fuel cars fill up with ethanol, down from 82 percent in 2009, said researcher Datagro Ltd. At the same time, sugar futures are heading for the longest slump in two decades
Categories: Biofuels, Latin America
Producer Marsha Garces Williams and her husband, actor Robin Williams, arrive at the New York premiere of Tennessee Williams' play 'Not About Nightingales' Thursday, Feb. 25, 1999. Mrs. Williams co-produced the play, which will run for a limited time at Broadway's Circle-in-the-Square Theatre. (AP Photo/Mitch Jacobson)

20 people you didn’t know oppose the Keystone XL pipeline

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Several business executives and entrepreneurs were among the more than 150 celebrities who signed a letter to President Barack Obama this week urging him to reject the controversial Keystone XL pipeline.
Categories: Environment, Keystone XL