Fuel Fix

Texas Gov. Rick Perry (AP Photo/Jim Cole)

Rick Perry stands up for natural gas drilling

Texas Governor Rick Perry has wavered on some topics while on the national stage, but he hasn’t changed his stance on natural gas drilling or hydraulic fracturing.  More »
(John Davenport/San Antonio Express-News)

Eagle Ford drilling rush may boost Texas tax revenue 15-Fold as jobs boom

While the Eagle Ford shale boom in Texas isn’t the first that Daryl Fowler has seen, the DeWitt County judge is working to ensure that his community will be left with new roads and housing when the oil and gas are gone.  More »
Bobby Petty, with the "Veterans for Keystone XL," speaks in support of the proposed 1,700-mile pipeline that would connect Canadian tar sands to Port Arthur refineries. (Photo: Guiseppe Barranco/The Beaumont Enterprise)

WH spokesman: Keystone XL deadline leaves too little time for review

An effort by Congress to prod President Barack Obama on the Keystone XL oil pipeline gives the administration insufficient time to complete a review that meets environmental laws, White House spokesman Jay Carney said.  More »

This photo taken and released by Rio de Janeiro's government, shows an aerial view of a boat crossing an area of an oil spill in an offshore field operated by Chevron at the Bacia de Campos, in Rio de Janeiro state, Brazil. Rio de Janeiro state's environment secretary, Carlos Minc, says Brazil is expected to fine Chevron nearly $28 million for the ongoing offshore oil spill and will also ask Chevron to pay for damages caused by the Atlantic spill. Minc said Monday he considers the fine way too lenient, but it's the maximum allowed under current Brazilian law. (AP Photo/Rio de Janeiro's government,Rogerio Santana)

Brazil oil spill may affect sensitive area

The oil that allegedly leaked from a Japanese-operated rig last week could affect an environmentally sensitive region in Rio de Janeiro, the state environment secretary said.  More »
Workers do general maintenance on the HOS Silverstar at Hornbeck Offshore Services in Louisiana's Port Fourchon on Friday Dec. 3, 2010. With deep-water drilling at a standstill, Hornbeck moved many workers to the maintenance team until activity picks up. (AP file photo/Kerry Maloney)

Miss. moves toward offshore oil and gas leasing

Mississippi state officials published regulations Monday to lease state waters in the Gulf of Mexico for oil and gas drilling.  More »
(Photo: David Paul Ohmer/Flickr)

FuelFix Newslinks |12.20.11|

Drilling fluids spilled near Shell site in Gulf. OPEC says don’t count on us for more supply. And an oil group asks supporters to boycott South American bananas.  More »
Cheniere Energy Partners' LNG import terminal on the Louisiana side of Sabine Pass. (Photo: Cheniere Energy)

Cheniere Energy plans second U.S. natural gas export plant

Cheniere Energy Inc. (LNG), the liquefied natural gas importer that Standard & Poor’s has said is on the verge of default, announced plans for a gas-export plant in Texas, the company’s second proposed terminal to ship U.S. supplies of the fuel overseas.  More »
(AP file photo)

Tenn. politician suggests light bulbs as stocking stuffers

Tennessee U.S. Rep. Marsha Blackburn says her family’s holiday will be bright. She’s filling Christmas stockings with light bulbs.  More »
Traders of crude oil and natural gas react during early trading at the New York Mercantile Exchange. (AP file photo/Bebeto Matthews)

Oil rises in Asia on hopes of stronger U.S. data

Oil prices climbed to near $95 a barrel today in Asia, buoyed by gains in the region’s stock markets and in anticipation of improved U.S. economic data.  More »
The Deepwater Nautilus was used to drill Shell's Appomattox discovery in the Gulf of Mexico. (Houston Chronicle file photo)

Drilling fluids spill from Shell site in Gulf of Mexico

More than 13,000 gallons of drilling fluids — including about 7,500 gallons of synthetic materials — leaked from equipment at Shell’s Appomattox prospect into the Gulf of Mexico on Sunday.  More »

Feds OK ConocoPhillips Alaska North Slope project

The U.S. Army Corps of Engineers announced Monday that it has approved ConocoPhillips’ plan to connect an area of the North Slope to pipelines and roads necessary to develop it for oil production.  More »

Cnooc idles natural-gas output on leak

Cnooc Ltd. shut off production equivalent to 160,000 cubic feet a day because of a leak in a subsea pipeline that carries natural gas near its Zhuhai terminal.  More »
(Image: Fotolia)

Iranian oil halt would boost oil by $40 a barrel, BofA says

Oil prices may surge by $40 a barrel if international sanctions halt supplies from Iran, according to Bank of America Corp.  More »
ExxonMobil CEO Rex Tillerson (left) talks to Russian Prime Minister Vladimir Putin during a  signing ceremony in Russia in 2011. (AP photo/RIA Novosti, Alexei Druzhinin, pool)

Putin setback exposes Gazprom

Gazprom, the world’s biggest natural-gas producer, faces demands to pay more tax after opposition groups gained against Prime Minister Vladimir Putin’s ruling party in Russian parliamentary elections.  More »
The corporate logo at Apache Corp. headquarters in Houston. (AP file photo/Pat Sullivan)

Apache to buy Burrup stake, plans to sell project to Orica

Apache Corp., the second-largest independent U.S. oil producer by market value, agreed to buy a 65 percent stake in Burrup Holdings Ltd. and said it’s in talks to sell most of Burrup’s explosives project to Orica Ltd.  More »