Fuel Fix

Libya says OPEC must cut daily output

(AFP PHOTO / ALEXANDER KLEIN/Getty Images)
OPEC needs to reduce crude output by at least 500,000 barrels a day, Libya’s governor to the group said. More »
(Liz Hafalia/The San Francisco Chronicle)

California fracking fight drawing big money

Several oil companies have spent millions fighting measures in two California counties that would ban hydraulic fracturing.  More »
Photo:  www.forbes.com

Commentary: Career growth means embracing change

In the year and a half I have been doing this column, I have dispensed A LOT of career advice both in my weekly pieces as well as personal emails with readers, so securing this newest opportunity was enlightening: I was on the “other” side!  More »
Wilbur L. Ross, Jr., chairman and chief executive officer of W.L. Ross & Co. LLC and IAC. (Jeff Kowalsky/Bloomberg News)

Wilbur Ross sees profits for Texas shale as Venezuela struggles

Wilbur Ross, the investor who’s made billions betting on on-out-favor industries, is bullish on Texas oil after its recent tumble.  More »
(Andrey Rudakov/Bloomberg)

New Mexico audit finds $3 million in uncollected Apache royalties

Land Commissioner Ray Powell says the assessment of Apache Corp.’s production in Lea County turned up royalties going back to January 2009.  More »
(Sam Hodgson/Bloomberg)

Commentary: Solar to be leading source of electricity by 2050?

Schneider Electric’s CMO, Chris Hummel, pondered whether the IEA’s claim that solar energy could be the leading source of electricity by 2050 was achievable. Matt Smith’s initial reaction was hum-dee-dum…not a chance! Then he thought about it and grabbed his research shovel and started digging.  More »
photo via Royal Dutch Shell

Shell makes deepwater gas discovery in Gabon

Royal Dutch Shell today announced a discover off the coast of Gabon but says it will need to conduct further analysis to determine just go much gas is present.  More »
John Gremp is chairman and CEO of FMC Technologies.

Oil firms reach for subsea standards to cut costs, FMC CEO says

The next generation of tools designed to help energy companies process oil and gas deep under the oceans could follow uniform industry designs, FMC Technologies CEO John Gremp said.  More »
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Oilman Nelson Bunker Hunt dies at 88

Hunt died Tuesday at a Dallas assisted-living center after a long battle with Alzheimer’s disease, his brother, W. Herbert Hunt, said.  More »
(Image: Department of Energy)

University of Texas wins $58 million to study methane source in Gulf

The Department of Energy grant will allow UT to harvest the potential source of energy for the first time.  More »
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