Fuel Fix

(AP file photo/Paul Sakuma)

Shell and Turkey sign oil, gas search deal

Royal Dutch Shell signed a deal today with Turkish state-run petroleum company, TPAO, to search for oil and gas offshore in the Mediterranean and onshore in Turkey’s southeast region.  More »
Harvested corn grain is unloaded from an auger.  (AP file photo/Seth Perlman)

Livestock farmers say ethanol eats too much corn

Livestock farmers are demanding a change in the nation’s ethanol policy, claiming current rules could lead to spikes in meat prices and even shortages at supermarkets if corn growers have a bad year.  More »
Newt Gingrich

Newt Gingrich says cutting off gasoline would contain Iran

Republican presidential hopeful Newt Gingrich says the United States could “break Iran within a year” if allies worked together on a strategy instead of focusing on specific tactics.  More »

(Photo: David Paul Ohmer/Flickr)

FuelFix Newslinks |11.23.11|

Weir buys Seaboard for $675 million. Chevron spill won’t prompt new Brazil laws. Gingrich says cut off gasoline to Iran.  More »
(AP Photo/Gregory Bull)

Higher gas, airline prices don’t deter Thanksgiving travelers

Whether on the highway or at home, Americans will pay more to celebrate Thanksgiving this year. But higher gas prices and costlier airfare are not stopping millions of people from traveling for the holiday.  More »

Analysts predict shale gas demand and prices will go up

As much as half of U.S. natural gas production could come from shale formations by 2030, Deloitte LLP analysts predicted Tuesday.  More »
Cheniere Energy Partners' LNG import terminal on the Louisiana side of Sabine Pass. (Photo: Cheniere Energy)

Cheniere’s 20-year gas deal brings U.S. exporter plant closer

Cheniere Energy Inc. (LNG) signed a second natural-gas supply contract in three weeks, boosting its chances of building the first gas-export terminal in the continental U.S.  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 says oil slick has shrunk

Brazil says the size of an oil slick at a well operated by Chevron Corp. off the coast of Rio de Janeiro state is more than 80 percent smaller than it was four days ago.  More »
EPA Administrator Lisa Jackson

Video: Administrator Lisa Jackson talks about the EPA

Recently, Jackson spoke with energyNOW! about new regulations that Republicans have dubbed “job killing” and why she didn’t resign after President Barack Obama delayed new ozone standards.  More »

KKR said to be near agreement to acquire Samson

A KKR & Co.-led group is near an agreement to buy most of Samson Investment Co., a family-owned oil and gas producer, for about $7 billion, according to two people with knowledge of the matter.  More »
Iranian President Mahmoud Ahmadinejad (AP Photo/Vahid Salemi)

U.S. targets Iran oil industry, central bank

The U.S. expanded measures aimed at thwarting Iran’s nuclear program, targeting its central bank and oil industry with sanctions intended to cut the regime off from international financial transactions.  More »
(AP Photo/Steve Helber)

Gas prices sink 4 cents in time for Thanksgiving

With Thanksgiving just a days away, gas prices dropped 5 cents across Texas, with Houston prices down 4 cents.  More »
This underwater image taken and released by Brazil's Environment and Natural Resources Institute, IBAMA, shows an oil spill in an offshore field operated by Chevron oil company at the Bacia de Campos, in Rio de Janeiro state, Brazil, Nov. 11, 2011. More than 2,600 barrels of oil may have spilled into the Atlantic ocean because of a leak at an offshore Chevron drilling site, IBAMA officials said Friday. (AP Photo/Ibama)

Chevron hasn’t been notified of fines by Brazil

Chevron Corp. (CVX), operator of the $3.6 billion Frade oilfield off the Brazilian coast, said it hasn’t received any notices of fines or other penalties from Brazil’s government stemming from a subsea crude leak.  More »
Flames shoot into the air following a  gas line explosion near the Athens-Morgan County line in Southeastern Ohio. Authorities say the fire from the natural gas line rupture and explosion is under control.  Houston-based Tennessee Gas Pipeline Co. says it was a rupture in its interstate natural gas transmission line. Company spokesman Richard Wheatley says a team has isolated the pipeline segment involved and shut the gas off.  (AP Photo/The Messenger, Cheryl Powers)

El Paso says Tennessee gas pipeline had explosion

El Paso Corp. “isolated” part of the Tennessee Gas Pipeline in Panola County, Mississippi, after a release of fuel and fire yesterday.  More »
Speaker of the Legislature, Neb. Sen. Mike Flood of Norfolk, addresses lawmakers in Lincoln, Neb., Wednesday, Nov. 16, 2011. A measure that would trigger an environmental review of proposed Keystone XL oil pipeline routes within Nebraska has won first-round legislative approval, despite criticism that state taxpayers will foot the bill. Lawmakers advanced the measure Wednesday following debate over who should pay for the environmental assessment, to be conducted by the Nebraska Department of Environmental Quality. (AP Photo/Nati Harnik)

Oil pipeline bills in Nebraska headed for approval

A compromise that would let Nebraska influence the route of the Keystone XL and other major oil pipelines is slated for final approval.  More »