Suit filed over Yucca Mountain application delay

A new lawsuit says the Nuclear Regulatory Commission is breaking the law by failing to act on an application for construction of a nuclear waste dump outside Las Vegas.  More »

Obama: Automakers agree to 54.5 MPG fuel-economy rule

President Barack Obama and top auto executives are set to unveil details of a compromise to slash the amount of gasoline cars and trucks will need down the road.  More »

Kansas ranchers selling oil rights for big profits

An oil rush is occurring along the Kansas-Oklahoma border, where residents are seeing fierce bidding wars and receiving some of the highest prices in recent history for the oil lease rights for their properties.  More »

Rosneft net rises on stronger output, oil price

Higher oil prices and output helped Russia’s largest oil company Rosneft post an 11 percent increase in second quarter net profits to $2.8 billion.  More »

Chevron 2Q profit jumps 43 percent, spurred by higher gas prices

Chevron says profit jumped 43 percent in the second quarter as higher oil and gasoline prices made up for a decline in oil production.  More »

Average gas prices in Texas up a penny, no change in Houston

An industry group says retail gasoline prices in Texas have risen a penny this week to average $3.62 a gallon.  More »

EPA’s new gas drilling air rules to get Texas hearing

The Environmental Protection Agency plans to hold public hearings in Colorado, Texas and Pennsylvania on its proposed regulations for controlling air pollution at oil and gas wells.  More »

Panel: Local support crucial for nuke waste sites

Efforts to replace a disputed nuclear dump in Nevada are doomed unless officials generate local support for alternative sites, a presidential commission says.  More »

Oil drops to below $96 after weak GDP report

The data raised questions about the strength of oil demand in the months ahead.  More »

Bomb blast hits oil pipeline in western Syria

A bomb blast struck a major oil pipeline in western Syria on Friday, causing oil to spill into a nearby lake. State television said the explosion was a “terrorist” attack by a group of “saboteurs.”  More »

680-mile gas pipeline from Ore. to Wyo. online

A natural gas pipeline that links Wyoming to Oregon is up and running after three years of construction.  More »

Oil giants reaping big profits in second quarter as fuel prices soar

Big Oil continued to make big money in the second quarter.  More »