Fuel Fix

The Deepwater Horizon oil rig burns on April 21, 2010 after an explosion in the Gulf of Mexico. (AP file photo/Gerald Herbert)

Gulf spill report steers clear of blame

The crew of the Deepwater Horizon drilling rig failed to react to “multiple indications” of problems with BP’s Macondo well before it blew out, but divergence from industry standards and plans approved by regulators also played a role in the accident, according to a new investigation report.  More »
A vehicle drives past frozen plants along South Blue Bell Road Wednesday, Feb. 2, 2011, in Brenham, Texas. (Photo: Brett Coomer/Houston Chronicle)

Report: Cold weather killed the grid in February

Energy regulators say the Feb. 2011 power crisis in the Southwest was due to cold weather equipment failures, but industry can do more to winterize power plants, natural gas equipment.  More »
(Photo: Fotolia)

Oil rises on sign of better demand, weaker dollar

Oil advanced from a two-day low in New York as investors bet that shrinking fuel stockpiles in the U.S. indicate demand will increase in the world’s biggest crude- consuming nation.  More »

(AP file photo/Alastair Grant)

BP replaces strategy chief as investors look for share revival

BP Plc replaced its head of strategy as the company looks at ways to boost a share price that’s failed to recover from last year’s $41 billion Gulf of Mexico oil spill disaster.  More »
The existing Keystone oil pipeline is constructed in North Dakota.   (Photo courtesy of TransCanada)

TransCanada touts proposed oil pipeline’s safety

A Canadian company that wants to build a massive pipeline linking Alberta’s oil sands to U.S. refineries says it would include safety measures to prevent a spill like the one that fouled the Yellowstone River last month.  More »
A building was damaged by an explosion at Natural Gas Pipeline of America in Herscher, Ill. The explosion, during a welding job, injured at least five people, company officials said. (AP Photo/The Daily Journal, Scott Anderson)

5 injured in explosion at natural gas plant

An explosion during a welding job injured five people today at a gas pipeline company’s plant in northeastern Illinois, company officials said.  More »
A drilling rig works the Marcellus shale in Houston, Pa.  (AP file photo/Keith Srakocic)

Range Resources challenges Pa. town’s ordinance

A major Marcellus Shale drilling company is challenging a southwestern Pennsylvania township’s ordinance to regulate oil and gas well development.  More »
Iranian President Mahmoud Ahmadinejad sits for an interview with state-run TV. (AP Photo/Presidency Office, Rouzbeh Jadidoleslam, HO)

Venezuela, Iran seek to boost dialogue within OPEC

The presidents of Venezuela and Iran have agreed to work together within OPEC as economic concerns weigh on world oil prices.  More »
(Photo: Vectorportal/Flickr)

Okla. man pleads not guilty to natural gas pipeline bomb

An Oklahoma man accused of attaching a homemade bomb to a natural gas pipeline pleaded not guilty today during his first court appearance.  More »
President Barack Obama (AP Photo/Charles Dharapak)

Feds to invest up to $510M in biofuels for military, commercial uses

Under the plan, the U.S. Departments of Agriculture, Energy and Navy will partner with private industry to jointly contruct or retrofit existing biofuel plants and refineries, with the goal accelerating output of renewable jet and diesel fuels, the White House said.  More »
Royalties from oil production on state lands is pushing Texas' Permanent University Fund toward a record $1 billion in annual revenue. (AP Photo/Hasan Jamali)

Oil falls on concern about German economy

Oil prices fell below $87 a barrel today in Asia, snapping a week of gains that were fueled by investor optimism the global economy may not slow as much as feared in the second half.  More »
Royal Dutch Shell has shut down the main leak at one of its North Sea oil rigs but struggled Tuesday to repair a secondary spill in a hard to reach part of the ocean floor. (Photo: Marine Scotland, Associated Press)

Shell’s reputation hit by North Sea oil spill

Royal Dutch Shell has shut down the main leak at one of its North Sea oil rigs but said today it is struggling to stop a secondary spill in a hard-to-reach part of the ocean floor.  More »
An oil clean-up vessels processes leaked oil on the sea surface around the C platform of the Penglai 19-3 oilfield in Bohai Bay, China on July 11, 2011. (Photo: Associated Press)

China mulls lawsuit over Bohai Bay oil spill

China’s oceanic administration says it is preparing to sue the local unit of ConocoPhillips for damages to the environment resulting from offshore oil spills that began in June.  More »
(Photo: TransCanada)

Senate committee schedules meeting on TransCanada pipeline

A legislative committee is scheduled to hear a report this morning regarding progress on a pipeline that could move Alaska North Slope natural gas to the Lower 48.  More »
(Photo: David Paul Ohmer/Flickr)

FuelFix Newslinks |08.16.11|

NOV/Brazil a sign of things to come? BP fund doesn’t need more bosses. EPA OK with CO.  More »