Iran aiming to make oil contracts better for foreign investors

Iran said Sunday it plans to introduce a new generation of oil contracts by June that promise to be more attractive to foreign investors as it seeks to significantly boost production should international sanctions hobbling its vital energy industry be lifted.  More »

Researchers study string of Texas earthquakes

FORT WORTH — Researchers collecting seismic data hope it allows them to determine what role wastewater injection wells have played in a string of small earthquakes northwest of Fort Worth. The area in northeast Parker County, about 15 miles northwest of Fort Worth, has experienced more than 30 small earthquakes since November. Last month more […]  More »

Oil briefly tops $100 as demand for fuel rises

Benchmark U.S. crude gained $2.04 to close at $99.88 a barrel.  More »

Low on natural gas, California told to power down

With a move that usually comes in the height of summer when temperatures are soaring and air conditioners blasting, Californians were urged to voluntarily cut their electricity use after frigid weather across the U.S. and Canada caused a shortage of natural gas at Southern California power plants.  More »

Crude oil slightly down ahead of US jobs report

The price of oil fell slightly Friday as market players readied for the release of a crucial U.S. jobs report.  More »

Oil gains on positive labor report

Natural gas prices were volatile again,  More »

Executives hail project agreement as significant

Executives from the North Slope’s major oil and gas companies on Wednesday hailed an agreement with the state as a major step forward in pursuing a major liquefied natural gas project.  More »

Police cite 29 protesters in Keystone demonstration

Authorities in San Francisco have cited more than two-dozen demonstrators for blocking entrances to the Federal Building in protest of the proposed Keystone XL oil pipeline.  More »

Oil, natural gas extend gains on US winter storm

The prices of oil extended gains to near $98 a barrel on Thursday as a winter storm that slammed the U.S. raised expectations for higher energy demand and amid signs of weak supply growth.  More »

BNSF to invest $5 billion in its railroad in 2014

Some projects should help alleviate congestion near the booming Bakken oil field.  More »

Oil gains; natural gas soars, then falls back

Natural gas rocketed to a four-year high before plunging back near $5 per 1,000 cubic feet  More »

Flint Hills says North Pole Refinery will close

Flint Hills Resources announced Tuesday that it will close its North Pole refinery, shuttering a major employer in the Fairbanks area and eliminating a local source of gasoline, jet fuel, heating fuel and other petroleum products.  More »