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energy

ExxonMobil CEO Rex Tillerson (left) talks to Russian Prime Minister Vladimir Putin during a  signing ceremony in Russia in 2011. (AP photo/RIA Novosti, Alexei Druzhinin, pool)

Exxon confident it can book Russian Arctic oil reserves

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Exxon Mobil Corp. says it will be able to book oil and gas reserves it finds in an Arctic and Black Sea venture with OAO Rosneft even though its Russian state-run partner owns the licenses.
A cyber security analyst works in the "watch and warning center" during the first tour of the government’s secretive cyber defense lab in Idaho Falls, Idaho. The Homeland Security Department's Control System Security Program facilities are intended to protect the nation's power grid, water and communications systems. (AP Photo/Mark J. Terrill)   Summary

Cyber attacks on U.S. utilities, industries rise

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U.S. utilities and industries face a rising number of cyber break-ins by attackers using more sophisticated methods, a senior Homeland Security Department official said during the government’s first media tour of secretive defense labs intended to protect the nation’s power grid, water systems and other vulnerable infrastructure.
Solyndra CEO Brian Harrison. left, and Chief Financial Officer Bill Stover, right, are sworn in on Capitol Hill in Washington prior to testifying before the House Oversight and Investigations subcommittee. (AP Photo/J. Scott Applewhite)

FBI probing Solyndra for possible fraud

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Solyndra LLC, the solar-panel maker that filed for bankruptcy protection two months after executives extolled its prospects, is being investigated by the FBI for accounting fraud, an agency official said.
A huge fireball and black smoke rise from the Royal Dutch Shell's Pulau Bukom offshore petroleum complex in Singapore on Thursday, Sept. 29, 2011. This is the second explosion to occur, the first happened Wednesday. (AP Photo/The Straits Times, Joyce Fang)

Fire out at Shell refinery in Singapore

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A fire that engulfed parts of Royal Dutch Shell’s 500,000 barrel-a-day oil refinery in Singapore for two days has been extinguished, the company said.
A smokestack at a gas production facility in the Pinedale Anticline gas field is silhouetted against the Wind River Range and town of Pinedale, background, in western Wyoming. Gas development has contributed to severe winter ozone pollution in the area. Wyoming leaders praise but environmentalists criticize an Obama administration decision not to lower the national pollution limit for ozone.(AP Photo/Mead Gruver)

Groups plan EPA lawsuit over severe Wyo. ozone

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Environmentalists said they served formal notice to the U.S. Environmental Protection Agency in preparation for a lawsuit over severe wintertime ozone pollution linked to gas drilling in western Wyoming.
(AP Photo/ Louis Lanzano)

Oil rising as recession worries fade for now

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Oil prices inched higher today as recession alarm bells quieted following a glimmer of positive U.S. economic news and steps in Europe toward controlling its debt crisis.
A security guard blocks a shot of the bankruopt Solyndra in a public area, in Fremont, Calif., Friday, Sept. 16, 2011. (AP Photo/Paul Sakuma)

U.S. knew Solyndra violated loan before new deal

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The Energy Department knew Solyndra LLC was violating terms of its U.S. loan by December and agreed to keep providing taxpayer support for the solar-panel maker that filed for court protection nine months later.
Demonstrators for and against the Keystone XL pipeline gather in Lincoln, Neb., before a public hearing on the project. (AP Photo/Nati Harnik)

TransCanada ramping up lobbying to win Keystone approval

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But behind the scene, Transcanada has ramped up its lobbying efforts over the past three years in the hopes of winning approval for the controversial Keystone XL pipeline.
Dust permeates the air at a Chesapeake Energy Co. hydraulic fracturing operation at a well site near Carrizo Springs, Texas. (John Davenport/San Antonio Express News)

Sides in drilling debate square off at EPA hearing

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Environmentalists and advocates for drilling companies are facing off in a Dallas-area hearing over proposed federal rules to limit pollution at oil and natural gas wells.
(AP file photo/Mike Derer)

Gas prices see sharp decline over the past week

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AAA Texas reported today the average cost per gallon fell 11 cents to $3.27. The nationwide price dropped 10 cents to $3.45, but they are still more than 70 cents higher than last year.