Fuel Fix

More oil rigs shut down this week

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Categories: Crude oil, featured, Markets
The number of U.S. rigs chasing oil fell to a total of 646 this week, according to a weekly tally by oil service company Baker Hughes.
Alan Sadler

Feds’ plan to boost biofuel targets draws fire from all sides

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In trying to balance the competing interests of oil companies and biofuel producers, the Environmental Protection Agency’s proposed renewable fuel quotas for 2014, 2015 and 2016 have pleased almost no one.

Oil flows out of the top of the transition spool, which was placed into the gushing Macondo wellhead at the site of the Deepwater Horizon oil spill in the Gulf of Mexico in July 2010. AP Photo/BP PLC, File)

BP releases Gulf of Mexico environmental data

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BP on Monday released water chemistry and oil data it uses in its efforts to clean up the Gulf of Mexico, and plans to publish information on everything from aquatic life and birds to shorelines and
Two pelicans watch for fish in the Port Corpus Christi Shipping Channel where the US Naval Ship Benavidez is docked. Monday, Oct. 28, 2013. (Bob Owen/San Antonio Express-News)

Eagle Ford oil transforming Corpus Christi port (photos)

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The drilling boom has launched billions of dollars in construction projects at the Port of Corpus Christi, as well as a round-the-clock frenzy to move products in and out of the oil patch, and to coastal terminals and refineries.
Categories: featured, Markets

Clarence Cazalot Jr. stepped down Aug. 1, 2013 as president and CEO of Marathon Oil Corp. He retires as chairman Dec. 31, 2013.

Spectra adds former Marathon Oil CEO to board

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The new job means the former Marathon leader will sit on the boards of large energy companies in nearly every segment of the industry by the end of the year.
Left to right, Ecuadorans Guillermo Grefa and Humberto Piaguaje stand with their legal team Steven Donziger and Pablo Fajardo before a news conference in San Francisco, Calif., in 2007. (File Photo:  San Francisco Chronicle)

Chevron adversary to deny Ecuador fraud in testimony

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A Manhattan lawyer who’s spent his career battling Chevron Corp. over pollution in Ecuador is set to defend the tactics he used to win a multibillion-dollar judgment against the company before a federal judge.
Lane Energy Poland company does test drilling to assess economic viability of shale gas deposits in Lebien, Poland in 2011. (AP Photo/Andrzej.J. Gojke)

Shale revolution spreads with record wells outside US

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The hydraulic fracturing of shale in search of oil and gas has hardly started outside the U.S., but that’s changing.
Categories: Asia, Shale
(Bill Montgomery/Houston Chronicle)

Iowa landowners fight proposed power line

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A group of Iowa landowners are organizing to fight a proposed $2 billion electric transmission line that would provide a boost to wind power in the state.
Categories: Electricity, Environment
Mexican President Enrique Pena Nieto. (Yasuyoshi Chiba/AFP/GettyImages)

Fight begins over opening up Mexico’s oil monopoly

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The fight to revamp Mexico’s moribund, state-run oil industry could start as early as this week with a Senate proposal to allow private access to the country’s oil, a nationalist symbol that for decades has been fiercely protected by the constitution from possible profiteering by foreign companies.