Fuel Fix

eve energy

EV Energy promotes president to CEO role

Houston-based EV Energy Partners has promoted Mark Houser from president to CEO, effective January 1, 2012.  More »
An oil clean-up vessels processes leaked oil on the sea surface around the C platform of the Penglai 19-3 oilfield in Bohai Bay, China on July 11, 2011. (Photo: Associated Press)

ConocoPhillips takes responsibility for Bohai Bay oil spill

ConocoPhillips, the third-largest U.S. oil company, takes responsibility and will compensate those affected by two oil spills in China’s Bohai Bay in June.  More »
Pittsburgh Steelers running back Jerome  Bettis leaves the field with the game ball after rushing for three touchdowns in a 35-21 win over the  Detroit Lions. (AP Photo/Gene J. Puskar)

Jerome Bettis films EPA ad about new regulations

The Bus is jumping on the EPA bandwagon.  More »

The Valero Three Rivers Refinery in Three Rivers, Texas between San Antonio and Corpus Christi refines a lot of oil from the Eagle Ford shale. (Photo: John Davenport, San Antonio Express-News)

Texas rejects Valero tax break bid

The Texas environmental agency has rejected a request by oil giant Valero for a large tax break and potential $92 million refund at six refineries that installed equipment designed to remove sulfur dioxide from crude oil.  More »
Iranian President Mahmoud Ahmadinejad sits for an interview with state-run TV. (AP Photo/Presidency Office, Rouzbeh Jadidoleslam, HO)

U.S. joins EU pressing to cut Iran oil sales

The Obama administration and European governments are seeking help from Arab and Asian allies to reduce Iran’s oil revenues in the dispute over its nuclear program, while trying to avoid causing a surge in prices that may threaten the global economic recovery.  More »
(Photo: Loozrboy/Flickr)

Seaway pipeline reversal project announces open season

The joint venture of Enterprise Products Partners and Enbridge Inc. to carry oversupplied crude at the Cushing hub to Gulf Coast refiners will begin seeking customer commitments next month, the companies said.  More »
(AP file photo/Mike Derer)

Gas prices edge closer to the $3 mark

The average price of gasoline dropped to $3.03, down 4 cents from the week before, according to AAA gas gauge. Texas saw prices also drop 4 cents to settle at $3.05, and the national average is down 5 cents to $3.21.  More »
The Ensco 8501 semi-submersible rig in the Gulf of Mexico (Jennifer A. Dlouhy/Houston Chronicle)

Cyprus’ FM briefs US officials on gas development

The foreign minister of Cyprus is discussing with U.S. officials her country’s promising economic prospects from natural gas exploration.  More »
(AP file photo/Paul Sakuma)

Shell shuts down Nigeria field over oil spill

Royal Dutch Shell PLC says it has shut down a deep-water oil field that was leaking oil into the sea off Nigeria’s oil-rich southern delta.  More »
(Photo: Fotolia)

Enbridge wins contracts to proceed with Gulf coast pipeline

Enbridge Inc., Canada’s largest oil- pipeline company, has won enough support from shippers to proceed with a $1.9 billion project to bring more Canadian and North Dakota crude to U.S. refineries.  More »
(Photo: David Paul Ohmer/Flickr)

FuelFix Newslinks |12.21.11|

Gas prices are edging closer to the $3 mark. How much dam energy can get? And Frankincense — the Christmas incense — might be doomed.  More »
Royalties from oil production on state lands is pushing Texas' Permanent University Fund toward a record $1 billion in annual revenue. (AP Photo/Hasan Jamali)

Oil rises after US crude supply drop

Oil rose above $98 a barrel today in Asia after a report showed U.S. crude supplies fell more than expected, a sign demand may be improving.  More »
A Texas power plant operates natural gas and coal-fired units. (AP Photo)

EPA finalizes air-toxics rule for power plants, likely will unveil it today

The Environmental Protection Agency is expected Wednesday to announce its first-ever standards for mercury and other toxic emissions from power plants, capping months of debate over a rule that Republicans and utilities have decried and environmental and health groups have hailed.  More »
(Photo: AEI Services)

Luminant hopes plant restart eventually possible

Luminant reiterated its hopes that it later might restart two power plants the company plans to idle to comply with a new regulation.  More »
A worker abseils down the 180-foot drilling derrick on the Jack Ryan drillship offshore Angola. (Photo: BP)

BP, Statoil win Angolan blocks that may be similar to Brazil

BP Plc and Statoil ASA led companies in winning the right to explore for oil and gas in pre-salt blocks in Angola that may be similar to fields found in Brazil.  More »