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 »

Ken Salazar stressed how much he loves his role heading the Interior Department, apparently signaling his interest in sticking around should President Barack Obama win reelection in November.  More »

The former federal prosecutor who investigated allegations of mismanagement at the Houston crime lab and spearheaded an overhaul of government agencies that oversee offshore drilling now is putting up his shingle in Washington.  More »

This post was written by James Coan, Research Associate at the Baker Institute Energy Forum. Americans under 40 are driving dramatically less, according to data from the National Household Travel Survey. The question is: Is car culture in America waning generationally or is this a temporary phenomenon linked to the recession? The recession hit younger [...]  More »

Perhaps nobody in the U.S. House of Representatives has been more outspoken in his support of the Keystone XL pipeline than Rep. Lee Terry, R-Neb. In an interview with Fuel Fix, Terry took time to discuss his ongoing plans for legislation to approve the pipeline, as well as his thoughts on Obama’s defense of the decision to reject the permit.  More »

Nabors Industries Ltd.’s Chairman and former chief executive officer, Eugene Isenberg, has forfeited his $100 million retirement paycheck, in response to a firestorm of shareholder criticism.  More »

Oilman George Mitchell was honored at the ninth annual conference of the Academy of Medicine, Engineering and Science of Texas.  More »

Assailants torched more than 20 tankers in Pakistan carrying fuel for U.S. and NATO troops in neighboring Afghanistan on Thursday, in the first reported attack since Islamabad closed the border to protest coalition airstrikes that killed 24 Pakistani troops last month.  More »

Repsol YPF SA (REP) sees “colossal” potential for producing oil and natural gas from unconventional fields in Argentina, where it’s exploring for resources, Chief Executive Officer Antonio Brufau Niubo said.  More »

Traces of radiation spilled from Japan’s hobbled nuclear plant were detected in baby formula Tuesday in the latest case of contaminated food in the nation.  More »

Shell has renewed its downtown lease, marking what real estate firms say is the largest lease transaction so far in 2011.  More »

When Michael Bromwich took over the helm of the agency overseeing offshore drilling 17 months ago, oil was still gushing into the Gulf of Mexico and a handful of ethical lapses had shattered public confidence in the ability of federal regulators to police the industry.  More »