Fuel Fix

More oil rigs shut down this week

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

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

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

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

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 Energy posts third-quarter profit on higher production

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

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

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.

Oil industry may invoke trade law to challenge export restrictions

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

Gavilon runs integrated crude oil storage, terminal and pipeline assets located in Oklahoma, Texas and Louisiana.