Fuel Fix

(Photo: The Beaumont Enterprise)

TransCanada talks jobs, supplies at Beaumont workshop

A crude oil pipeline that will run 485 miles from Cushing, Okla., to Southeast Texas should be under construction by late summer and operational in late 2013.  More »
(Xinhua/Liu Xiao)

Report: Wind power growth slows down

China has dominated the wind power market, installing 43 percent of the world’s new wind power capacity in 2011, according to a report by the Worldwatch Institute.  More »
The Cushing, Okla., pipeline hub.

Oil glut seen in survey defying seaway reversal

U.S. crude inventories probably climbed to the highest level in almost 22 years as the reversal of the Seaway pipeline proved insufficient to alleviate a glut in the central part of the country, a Bloomberg survey showed.  More »
The Facebook Inc. website is displayed on a Research In Motion Ltd. (RIM) Blackberry 9900 smartphone in this arranged photograph in Tokyo, Japan. Photographer: Tomohiro Ohsumi/Bloomberg

Blackberry market fading, but is energy industry still embracing it?

Behind the glitz and the glamour of the Offshore Technology Conference, there is one thing clear about the energy industry – it loves smartphones.  More »
(Photo: Mathijs B/Flickr)

Energy XXI gulf platform fire Extinguished, Company Reports

A fire in a slop tank aboard a Gulf platform owned by Energy XXI Bermuda Ltd., which salvages production from depleted offshore wells, was extinguished late yesterday, according to the company.  More »
(AP Photo/Keith Srakocic)

Illinois AG sues over refinery’s alleged pollution

The state of Illinois is suing current and past owners of a southwestern Illinois refinery for allegedly polluting nearby groundwater.  More »
Pegasus, the winged red horse icon of Exxon-Mobil, is seen on a gas pump in Ferndale, Mich. (Photo: Carlos Osorio, Associated Press)

Follow the Exxon Mobil shareholder meeting live

Exxon Mobil Corp.’s annual shareholders meeting is underway this morning in Dallas.  More »
(Image: Fotolia)

Iran official says oil industry affected by computer virus

Senior official confirms Iran’s oil industry briefly affected by powerful Flame computer virus.  More »

Solar-powered boat heading down Erie Canal

A solar-powered boat has traveled more than 300 miles down the Erie Canal in the northeast. The owner, Bob Meacham, said the boat is the first of its kind, and the boat isn’t a modified gasoline-powered boat.  More »
Workers join sections of pipe on a Trinidad Drilling rig leased by Chesapeake Energy north of Douglas, Wyo. Photo: Alan Rogers / Copyright 2012 CASPER STAR-TRIBUNE

Chesapeake valuation seen luring major oil merger deal

Chesapeake Energy Corp. (CHK)’s depressed valuation is making the company a potential target for acquirers willing to bet that natural-gas prices will rebound from a decade low.  More »
Oil workers at the West Qurna Phase 2 field in the Basra region of Iraq in 2010.  (AP file photo/Nabil al-Jourani)

Only 1 successful bid in Iraq oil, gas auction

A Kuwaiti-led energy consortium on Wednesday won the right to search for oil and gas in southern Iraq as part of the country’s fourth postwar energy auction. Two natural gas exploration deals meanwhile attracted no bidders.  More »
(Photo: Flickr, Caston_Corporate)

Cove Energy rises to record after Mozambique approves PTT bid

Cove Energy Plc (COV), the U.K. explorer with a share in gas fields off Mozambique, reached a record in London after the African country approved a bid by Thailand’s PTT Exploration and Production Pcl.  More »