Fuel Fix

Exxon Mobil CEO Rex Tillerson

Oil CEOs’ grim outlook rubs off on speculators fleeing market

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Categories: Crude oil, featured
Exxon, the biggest U.S. energy producer, reported July 31 its lowest profit since 2009 while No. 2 Chevron posted its worst results in 12 years.

Oil CEOs’ grim outlook rubs off on speculators fleeing market

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Categories: Crude oil, featured
Exxon Mobil CEO Rex Tillerson
Exxon, the biggest U.S. energy producer, reported July 31 its lowest profit since 2009 while No. 2 Chevron posted its worst results in 12 years.
(Photographer: Andrey Rudakov/Bloomberg)

Shell to ax thousands of jobs amid $7 billion in spending cuts

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The company, which in April said it was confident prices would return to $90 a barrel in three years, on Thursday said that “today’s oil price downturn could last for several years.”
KiOR's facility in Columbus, Miss. (KiOR)

Biofuels producer stops production to make improvements

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Officials with KiOR, which owns the biomass conversion facility in Lowndes County, will use the first quarter of 2014 to focus on improving its operations not producing fuel.
Categories: Biofuels
(Image: Fotolia)

Oil settles above $92 after hitting 8-month low

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Crude rose on report that economy added fewer jobs than expected, fueling speculation Federal Reserve will reconsider slowing its economic stimulus.

Categories: Crude oil, Markets

A gas drilling rig in the Fayetteville Shale near Quitman, Ark. (AP file photo/Mike Wintroath)

UT study: Fayetteville Shale still holds promise

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The Fayetteville Shale in Arkansas will be one of the nation’s most prolific regions for natural gas production, with reserves that can be economically extracted through 2050, according to a study released this week.
Categories: featured, Natural gas, Shale
Cheniere Energy already is expanding this LNG plant in Louisiana, but federal agencies are in conflict over plans for a Texas facility. (Cheniere Energy)

Manufacturers call for halt on natural gas export approvals

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Dow Chemical and other big industrial users of natural gas are imploring the Obama administration to stop approving licenses to broadly export the fossil fuel.
(AP Photo/Seth Perlman)

Climate change warning stickers on gasoline pumps?

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A group of Bay Area environmentalists wants to slap warning stickers on gasoline pumps, telling drivers that the fuel they’re buying is cooking the planet. The stickers would constantly remind consumers of the link between driving and climate change.
The C-MAX Solar Energi Concept car is displayed at the January 2014 International CES gadget show. Ford's solar-powered vehicle offers the same performance as a plug-in hybrid. (AP Photo/Ford)

Alternative energy powered cars on a roll at gadget show (photos)

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While autonomous driving is a major theme at the International CES gadget show, cars that use futuristic sources of energy are potentially much closer on the horizon.
Categories: Transportation
Chevron hired an investment banker to gauge buyer interest in its Hawaiian operations.
(AP Photo/Lynne Sladky)

Chevron oil production falls, refining improves

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Chevron Corp. said its oil and gas production fell in the first two months of the fourth quarter because of planned maintenance and other downtime at facilities in the Gulf of Mexico, Australia and Angola.
Categories: Production