Salvage crew inspects grounded Arctic drilling rig
Coast Guard officials were taking advantage of a break in fierce winds and high seas on Wednesday to send surveillance flights and a salvage crew to the scene of Shell’s grounded Arctic drilling rig. More »
Baker Hughes names Archana Deskus CIO
Deskus joins Baker Hughes after two years as chief information officer at Ingersoll Rand. She replaces Clif Triplett, who quietly stepped down recently. More »
Altivia Corp. ended 2012 with a $125 million deal
Houston-based Altivia Corp. is sold to Germany’s Brenntag for $125 million, but its chemical affiliate remains independant. More »
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Buffett to build world’s largest photovoltaic solar project
In his latest renewable energy investment, Warren Buffett’s MidAmerican Energy Holdings Co. will spend up to $2.5 billion to build two solar projects in California. More »
Feds fault Houston delay in Yellowstone oil spill
Houston pipeline controllers could have reduced the size of the 1,500-barrel spill by about two-thirds if they had isolated the rupture as soon as problems emerged, investigators say. More »
Shell spoof site drawing fresh attention after rig runs aground
The arcticready.com website — designed to look exactly just like Shell Oil Co.’s real website — is welcoming a surge of traffic as people take to the Internet to search for more information about the Kulluk rig that ran aground Monday night. Only most of the visitors don’t know it’s a spoof. More »
Natural gas prices fall amid warmer weather
Natural gas prices fell because forecasts for warm weather pointed to lower demand for heating fuel. More »
Wind energy tax breaks win as House passes ‘fiscal cliff’ tax package
The renewable energy production tax credit, which expired at the end of 2012, was an extended for an additional year as part of a package of tax legislation passed by the House in a 257-167 vote late on Tuesday night. More »
Energy’s momentum drives real estate projects
A spate of new and proposed energy-related infrastructure projects along the Gulf Coast is expected to boost demand for office space in the Houston area over the next several years, experts say. More »
Newest reality TV wives could come from the oilfield
A reality TV show developer is casting wives of oilfield workers for his newest project, which sprung from a recent trip to Texas. More »
Energy lobbyists gird for tax overhaul fight
A battle is brewing over a potential corporate tax overhaul in 2013, and the prospect fills oil and gas lobbyist Lee Fuller with dread. More »
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