Fuel Fix

A Chesapeake Energy storage tank near Dilley, Texas. (Pat Sullivan/AP)

Chesapeake Energy rebounds after denying bankruptcy plans

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The Oklahoma City oil and gas producer has some $11.6 billion in debt and a $500 million note due next month, according to regulatory filings.

Chesapeake Energy rebounds after denying bankruptcy plans

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A Chesapeake Energy storage tank near Dilley, Texas. (Pat Sullivan/AP)
The Oklahoma City oil and gas producer has some $11.6 billion in debt and a $500 million note due next month, according to regulatory filings.
Motorists refuel at a Mobil gas station in Pittsfield, Mass., where regular gasoline is for sale at $1.99 per gallon, Tuesday Sept. 29, 2015. (Ben Garver/The Berkshire Eagle via AP) BERKSHIRE COURIER OUT, GREAT BARRINGTON RECORD OUT, RURAL INTELLIGENCER OUT, BERKSHIRES OUT; MANDATORY CREDIT

National gasoline average now below $1.75 a gallon

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Prices at the pump are currently at their lowest prices in seven years courtesy of bountiful supply and cheap costs of crude oil
Categories: Consumers, featured, Gasoline

Straight-shooting From CLNG President Bill Cooper On LNG Exports

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My recent posts about LNG exports seem to have struck a chord with the energy community; features across various sites have yielded positive feedback, while being name-checked and linked to by the Wall Street Journal has done nothing to hinder readership. All this traction has culminated in a most wonderful opportunity to quiz the President of the Center for LNG (CLNG), […]
Categories: Natural gas

Bernanke sees 2014 end for QE3

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Chairman says the Fed may slow its pace of asset purchases this year, assuming its expectations for an improved economic outlook hold true
Categories: Uncategorized

Microsoft to scrap Xbox One restrictions

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Ahead of the One’s launch in the fourth quarter, the core audience has been antagonised by proposed restrictions and the emphasis on entertainment
Categories: Uncategorized

“Experience” Is Not The Same Thing As Achievement

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In oil & gas I’m dismayed to see that the phrase “has more experience” is sometimes used interchangeably with the phrase “has been around longer”. There’s a clear difference, and it’s important to see both what that difference is and what its implications are.

Treasuries tumble on Bernanke comments

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US bonds and equities fall sharply after the Federal Reserve says it could start tapering its asset purchases this year if the economy continues to improve
Categories: Uncategorized

NBA viewers a touch down on football

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Audiences for broadcasts of Finals games are about half what they were in the 1998 transmission between the Chicago Bulls and the Utah Jazz
Categories: Uncategorized

Fed offers path to winding down purchases

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Ben Bernanke said tapering of the $85bn monthly pace of asset purchases would begin this year, assuming the economic outlook improved as predicted
Categories: Uncategorized

Apple ebook court case nears final chapter

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Apple points to figures that show that price for ebooks in the ‘relevant market’ of best sellers and new releases fell
Categories: Uncategorized

Dolce and Gabbana guilty of tax evasion

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Two Italian fashion designers have been handed suspended sentences and a nearly €500m fine by a court in Milan for evading taxes
Categories: Uncategorized
A rendering of Southwestern Energy's new corporate headquarters just south of The Woodlands. (Southwestern Energy)

Corporate moves: EPL Oil & Gas, Southwestern Energy move headquarters

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Houston’s energy scene is growing, as ELP Oil & Gas announced moving its corporate headquarters to Houston and Southwestern Energy has broken ground on a new corporate headquarters.
Categories: Real estate
Kurt Mix leaves the federal courthouse in Houston after he was freed on bail. The former BP engineer is accused of obstruction of justice in connection with the 2010 Gulf of Mexico oil spill. Cody Duty / Houston Chronicle

New indictments issued in Gulf oil spill case

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A federal grand jury issued a new indictment Wednesday against a former BP executive that charges him anew with obstruction of Congress in connection with the investigation of the 2010 Gulf of Mexico oil spill. Also, a new indictment was issued against a former BP engineer.

Rousseff tested as Brazil protests spread

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São Paulo mayor Fernando Haddad raised possibility of backing down on near 7% rise in public transport fares that started the demonstrations
Categories: Uncategorized