Fuel Fix

(Photo by Eddie Seal for Bloomberg News)

U.S. oil rig count jumps up by a dozen, the first increase in 2015

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The amount of U.S. rigs drilling for oil increased for the first time this year after 29 consecutive weeks of declines.

U.S. oil rig count jumps up by a dozen, the first increase in 2015

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(Photo by Eddie Seal for Bloomberg News)
The amount of U.S. rigs drilling for oil increased for the first time this year after 29 consecutive weeks of declines.
(AP Photo/Gerald Herbert, File)

BP to settle Deepwater Horizon claims for $18.7 billion

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BP has agreed to pay a record $18.7 billion to settle the federal and state claims against it for its role in the Deepwater Horizon oil spill, sidestepping years of litigation with a promise to pour funds for nearly two decades into efforts to repair vast environmental damage in the Gulf region.
Categories: featured, Gulf oil spill
An oil pump jacks sits on a Osage County ranch in Oklahoma. (Mayra Beltran/Houston Chronicle)

Top 10 energy stories of 2013

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Check out which blockbuster energy stories the FuelFix staff ranked as the nation’s most important of 2013. Then vote for the news that you think rocked the industry enough to qualify as one of the year’s biggest moments.
Categories: featured

Marathon’s Eagle Ford plan: $2.3 billion next year

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The Houston-based Marathon Oil Corp. plans to spend $2.3 billion in the Eagle Ford Shale in 2014. The company will drill between 250 and 260 wells net to Marathon, after industry partners and royalty owners are paid. (In all, Marathon will be operating between 340 and 355 new wells in South Texas). The $2.3 billion […]
Categories: Uncategorized

How La Salle County is avoiding gravel roads

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La Salle County and the Texas Department of Transportation recently announced that the county – officially – will avoid having paved roads turned into gravel. Whew. How is La Salle County avoiding going back in time to the days of unpaved rural roads? The county is established a County Energy Transportation Reinvestment Zone, or CETRZ, […]
Categories: Uncategorized
The Mad Dog platform operates in the Gulf of Mexico. (BP)

BP, ConocoPhillips announce Gulf of Mexico oil discovery

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BP and ConocoPhillips announced a sizable oil discovery at the jointly-owned Gila prospect in the Gulf of Mexico, the two companies announced Wednesday.
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)

Railroad involved in fatal Quebec explosion to be auctioned

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As the first trains rolled into a Quebec town devastated by a derailment and fire that killed 47 people, a federal bankruptcy judge approved bidding procedures Wednesday for the auction of the Maine-based railroad that owned the train.
Categories: Legal issues
A cab driver refuels at a gas station in the Brooklyn borough of New York. (Craig Warga/Bloomberg)

Gasoline prices to plummet as supply swells

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U.S. gasoline pump prices are poised to reach their lowest level this year as supply expands to a two-decade seasonal high and winter curbs demand.
Categories: Gasoline, Transportation
(PVCG/Flickr)

Mexico’s congress certifies oil reform approval

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Mexico’s federal congress has certified that 24 of the country’s 31 state legislatures have approved sweeping energy reforms that allow private companies to explore for and produce oil and gas.