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.

A drilling rig works the Marcellus shale in Houston, Pa.  (AP file photo/Keith Srakocic)

Chevron exporting technology to minimize global footprint, water use

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Chevron is using portable, million-gallon water tanks that reduce its environmental footprint at hydraulic fracturing sites in Pennsylvania.
Categories: Shale
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
Devon_Logo

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.