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Horizontal drilling fuels latest Oklahoma oil boom

More than 4,600 oil and natural gas wells were completed in Oklahoma last year as part of a domestic boom that is affecting many parts of the nation, according to reports filed with state regulators.  More »
Iraqi police officers protecting oil installations secure an oil pipeline from the Rumailah refinery, north of Basra, Iraq. Northern oil fields imperiled by the militants' advance have been shut down, and companies have begun evacuating workers elsewhere in the country. (AP Photo/Nabil al-Jurani, File)

Iraq upheaval threatens oil development plans

The turmoil in Iraq has thrown the OPEC member’s ambitious plans to boost oil production into doubt, threatening to crimp its most vital economic lifeline.  More »
The U.S. Supreme Court building in Washington, D.C. (Photo: dbking/Flickr)

Supreme Court curbs shareholder class-action suits with Halliburton case

A Supreme Court ruling Monday will make it easier for Halliburton to fight a lawsuit brought by investors who allege the company misled them.  More »
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Phillips 66 acquires lubricants company

Phillips 66 announced today that it will buy Spectrum Corp., a Memphis-based specialty lubricants company.  More »
(AP Photo)

EPA claims victory in Supreme Court decision on pollution rules

The Supreme Court upholds the EPA’s efforts to limit greenhouse gases from power plants, refineries and factories — a key affirmation of the Obama administration’s climate agenda.  More »
A  male sage grouse, performs  his strut, near  Rawlins, Wyo. (AP Photo/Rawlins Daily Times, Jerret Raffety, File)

Oil, gas project OK’d on Nevada sage grouse land

Federal land managers have approved an oil and gas project involving hydraulic fracturing, or fracking, in a portion of northeast Nevada identified by state wildlife officials as essential habitat for the imperiled greater sage grouse.  More »
Yellow oil barrels

Oil rises on Iraq conflict, upbeat China data

The price of oil rose Monday, with global crude hovering near a nine-month high, after Islamic militants captured more territory in Iraq and a report on Chinese manufacturing indicated that the No. 2 economy is on the mend.  More »
In this June 11, 2014, photo, the scenic Little Missouri River winds it's way inside the Theodore Roosevelt National Park located in the Badlands of North Dakota. The park of more than 70,000 acres sits atop the Bakken shale. (AP Photo/Charles Rex Arbogast)

Oil drilling threatens solitude of national park

Oil development is strictly forbidden within Theodore Roosevelt National Park itself, but park officials worry that the flares, lights and noise from drilling just beyond the protected area are sullying the natural spaces cherished by Roosevelt as a bespectacled young man in his mid-20s.  More »
Logos sit on turbine units outside the GE Power and Water plant, operated by General Electric Co., in Veresgyhaz, Hungary, on Thursday, May 15, 2014.  (Photographer: Akos Stiller/Bloomberg)

France agrees to buy 20% stake in Alstom

The final obstacle to GE’s $17 billion takeover of Alstom’s power division was overcome Sunday after the French government agreed to terms with the French engineering company’s main shareholder.  More »
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The four candidates in the race are Tom Tancredo, Scott Gessler, Mike Kopp and Bob Beauprez. (AP Photos/Files)

Colorado GOP gubernatorial candidates discuss fracking

The four Republican gubernatorial contenders in Colorado’s Tuesday primary answer questions about what they’d do if elected. Here, they talk about how fracking. Each responded in writing. Answers were edited for space reasons  More »
IRAQ-UNREST

Five things to know about how Iraq’s turmoil affects oil markets

Sarah Haggas, an expert on the Middle East region for the energy team at consulting firm IHS, explains what you need to know about how turmoil in Iraq by militant group ISIS is affecting the energy sector.  More »
Workers install equipment at a natural gas plant in the Mont Belvieu, Texas complex, May 1, 2007. (Brett Coomer/Chronicle)

Rumored Targa deal a bust, but firm is ripe for buyout

The rumored $15 billion deal for control of a Houston natural gas pipeline operator never got past the initial talks, Targa Resources said after its shares soared on reports it was closing in on a sale.  More »
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