Fuel Fix

U.S. Coast Guard image showing the Royal Dutch Shell drilling rig Kulluk aground off a small island near Kodiak Island on Jan. 2, 2013. (AP Photo/U.S. Coast Guard)

Feds rap Shell for poor planning in botched tow of 2012 Arctic drilling rig

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The NTSB report comes at a pivotal time for Shell, which has asked federal regulators for permission to resume exploratory oil drilling in the Chukchi Sea as soon as July.

Feds rap Shell for poor planning in botched tow of 2012 Arctic drilling rig

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U.S. Coast Guard image showing the Royal Dutch Shell drilling rig Kulluk aground off a small island near Kodiak Island on Jan. 2, 2013. (AP Photo/U.S. Coast Guard)
The NTSB report comes at a pivotal time for Shell, which has asked federal regulators for permission to resume exploratory oil drilling in the Chukchi Sea as soon as July.
An oil tanker docks at a Chevron oil refinery in the San Francisco Bay. (Kimberly White/Bloomberg News)

The tanker market is sending a big warning to oil bulls

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A record cut to the number of active U.S. drilling rigs and billions of dollars of spending reductions by companies since last year’s price plunge has yet to translate into a slump in barrels produced.

A helicopter contracted by CenterPoint Energy cleans power insulators with demineralized water along Stewart Rd. between 8 Mile Rd and 10 Mile Rd Thursday, April 28, 2011, in Galveston. A build up of salt and dirt on the insulators contributed to power outages there and in Texas City. (Johnny Hanson/Houston Chronicle)

Centerpoint anticipates IPO for midstream venture

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CenterPoint Energy plans an initial public offering next year of units in its new midstream venture, Enable Midstream Partners.
Categories: Electricity
A plug-in version of Ford's new C-Max hybrid would qualify for Texas' new $2,500 rebate program for electric and natural gas vehicles. (Photo: Ford)

Some Texans soon can claim $2,500 rebates on cleaner-fuel cars

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Texans will have a shot at a $2,500 rebate when buying electric or natural gas vehicles in the state, after regulators pushed the new program a step further on Wednesday.
Categories: Transportation

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Devon Energy posts third-quarter profit on higher production

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Devon has narrowed its focus to onshore North America after selling assets in the Gulf of Mexico and Brazil in recent years.
SPEPainting

Commentary: The best places to network in the oil & gas industry

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The subject of networking comes up a lot in this column, and there’s a reason for that: I truly believe that it is THE most important way for both Young Professionals and more experienced ones to grow their career and give themselves options.
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Oil industry may invoke trade law to challenge export restrictions

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The U.S. oil industry, riding a domestic energy boom, is preparing to challenge restrictions on crude exports, possibly by arguing that limits designed to keep petroleum in America may violate international trade rules.
(Photo: freegreatpicture.com)

NGL buying Gavilon’s energy business for $890M

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Gavilon runs integrated crude oil storage, terminal and pipeline assets located in Oklahoma, Texas and Louisiana.
(Photo: Vox Efx/ Flickr)

Ohio city defeats fracking ban again

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Fracking opponents say they will try a third time next year.