Oil

Oil

Keystone opponents Whitehouse, Waxman call on Kerry to reject pipeline

Source: 
The Hill

Keystone XL opponents Sen. Sheldon Whitehouse, D-R.I., and Rep. Henry Waxman, D-Calif., submitted comments to the State Department urging Secretary John Kerry to face up to “the reality of climate change” and reject the proposed project.

Oil

New technology needs to make fracking more efficient, former DOE official says

Source: 
FuelFix

If the U.S. energy boom is to be sustainable, new technology will have to be brought into play to get more out of fracking wells, former Energy Department assistant secretary Charles McConnell told a Houston symposium, FuelFix reports.

Oil

Carter joins other Nobel laureates opposing Keystone XL

Source: 
Bloomberg

Former President Jimmy Carter signed a letter with other Nobel laureates declaring the proposed pipeline would contribute to global “climate upheaval,” and should be rejected by the Obama administration, Bloomberg reports.

Oil

Puerto Rico probes oil spill in popular lagoon

SAN JUAN, Puerto Rico (AP) — Authorities in Puerto Rico are investigating who caused a diesel spill they say has contaminated a popular lagoon in the U.S. territory's capital.

Officials are advising people not to bathe in the Condado Lagoon in San Juan.

The lagoon was one of the locations used for an Ironman triathlete event over the past weekend. It is also a popular spot for swimmers, kayakers and standup paddle boarders.

Oil

Speculation increasing that Obama just might reject Keystone

Source: 
Politico

Some analysts and observers think Barack Obama won’t be able to resist the chance to give his climate change policies a boost by rejecting the proposed Keystone XL pipeline, Politico reports.

Oil

Oil jumps on renewed Ukraine concerns

Source: 
Reuters

With rhetoric growing more heated ahead of Ukraine talks set for Thursday, oil prices were back on the rise. WTI increased 88 cents Wednesday in electronic trading on the Nymex to $104.63 a barrel, while in London Brent crude hit $110 a barrel midmorning local time, Reuters reports.

Oil

Oil filter socks problem shows how ND regulators struggle with crude surge

Source: 
The Wall Street Journal

Recent finds of mildly radioactive oil filter socks have triggered concern and illustrates how authorities in North Dakota are having trouble handling some aspects of the shale drilling boom, The Wall Street Journal reports.

Oil

Record for Texas Petro Index set in February

Source: 
FuelFix

The Texas Petro Index, monitoring the oil and gas industry in the state, hit a level in February not seen since 1980, according to the statistic’s creator, who said crude production for the month came to some 77.2 million barrels, FuelFix reports.

Oil

Corruption and debt problems tarnish image of Brazil’s Petrobras

Source: 
The New York Times

Problems at national oil company Petrobras, including corruption, mismanagement and staggering debt, are causing concern in Brazil, The New York Times reports.

Oil

‘Active cleanup’ of La. coast ends following 2010 Gulf spill: BP

Source: 
The Times-Picayune

The “active cleanup” phase of the Louisiana coast has ended, nearly four years after BP’s disastrous spill in the Gulf of Mexico, the company said Tuesday, The Times-Picayune reports.

Pages

Subscribe to Oil