Detroit homeowners consider Marathon buyout offers

Marathon Petroleum Co. says the owners of most homes that it wants to buy near its southwest Detroit oil refinery are considering the company’s offer.  More »

Honda starts building new hybrid at SE Ind. plant

Honda is starting up production of a new gas-electric hybrid car at its southeastern Indiana factory.  More »

Oil near $103 on growth fears, Europe uncertainty

Oil prices fell to near $103 a barrel Monday after surveys showed economic activity in China and Europe continues to contract. Meanwhile, a Dutch government crisis and French election results suggested waning support for austerity policies.  More »

Gasoline prices start falling

Pump prices have dropped 6 cents over two weeks to a national average on Friday of $3.88. Experts say gasoline could fall another nickel or more next week.  More »

EU delays vote on stamping oil sands with anti-environment label

The European Commission is set to delay voting on whether to label oil from oil sands as worse for climate change than other forms of crude, delivering a victory to Canada.  More »

EPA resumes groundwater testing in Pavillion area

The U.S. Environmental Protection Agency and other agencies have begun a new round of water sampling in the area of a Wyoming gas field where the EPA says hydraulic fracturing may have caused groundwater pollution.  More »

Total to drill relief well at Nigeria gas leak

French oil firm Total SA says it will drill a relief well to stop a natural gas leak at a plant in Nigeria’s oil-rich southern delta.  More »

Oil rises to near $103 amid uneven US recovery

Oil prices rose to near $103 a barrel Friday in Asia amid signs the U.S. economic recovery remains uneven.  More »

Gulf residents getting an extra $64M for spill claims

Roughly 7,300 residents and businesses harmed by the 2010 oil spill in the Gulf of Mexico will get more than $64 million in additional payments because their claims with BP were shortchanged or wrongfully denied, the Justice Department announced Thursday.  More »

2 years later, fish sick near BP oil spill site

Two years after the Deepwater Horizon rig exploded and sank in the Gulf of Mexico, touching off the worst offshore spill in U.S. history, research into the disaster’s environmental effects is turning up ailing fish that bear hallmarks of diseases tied to petroleum and other pollutants.  More »

Natural gas price hits another 10-year low

The price of natural gas has dropped to the lowest level in a decade as U.S. supplies continue to grow.  More »

CVR allows Icahn to move forward with tender offer

Oil refiner CVR Energy Inc. has signed a deal with billionaire investor Carl Icahn that would allow him to complete his $30 per share tender offer.  More »