Fuel Fix

Eugene Isenberg

Former Nabors chief Eugene Isenberg dies

Eugene Isenberg, who stepped down from his long-held posts as chairman and CEO of Nabors Industries in 2011, died Sunday.  More »
Photo: Timothy A. Clary/AFP/Getty Images

Fewer firms submit bids in offshore Gulf auction

Forty-two oil and gas companies will make plays for new Gulf of Mexico territory on Wednesday, in a closely watched, high-stakes auction of U.S. drilling rights that is viewed as a test of the industry’s appetite for offshore projects despite a drilling boom that is unfolding mostly on land.  More »
(Dadang Tri/Bloomberg)

Coal demand has hit rock bottom, study says

The reports of coal’s death are greatly exaggerated, according to a new study from consultants ICF International.  More »
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Left to right, Ecuadorans Guillermo Grefa and Humberto Piaguaje stand with their legal team Steven Donziger and Pablo Fajardo before a news conference in San Francisco, Calif., in 2007. (File Photo:  San Francisco Chronicle)

Lawyer to appeal ruling in Chevron-Ecuador case

The ruling left Steven Donziger with a slimmer chance of securing compensation for rain-forest dwellers in Ecuador’s Lago Agrio area.  More »
A receiving terminal at the Dominion Cove Point LNG facility on the Maryland shores of the Chesapeake Bay sits empty. Although Dominion built the facility years ago to accept tanker shipments of liquefied natural gas to help supply U.S. power and heating needs, the surge in domestic production of the fossil fuel has removed the need for those imports. Dominion is asking federal regulators for permission to install new liquefaction equipment at the plant so it can instead export natural gas harvested in the United States. (Jennifer A. Dlouhy)

Environmentalists challenge Obama on natural gas exports

More than a dozen environmental groups on Tuesday called on President Barack Obama to reject his previous support for natural gas and the drilling practices yielding the fossil fuel. The organizations also insisted that the administration’s handling of a proposed natural gas export facility on the Maryland coast is a test of the White House’s commitment to combating climate change.  More »
(Image: Fotolia)

Oil gains most in 2 weeks on U.S. factory data

Benchmark U.S. crude for April delivery gained $1.62 to $99.70.  More »
Tony Blair has proposed a multiyear plan for developing the Palestinian economy.  (Patrick T. Fallon/Bloomberg)

Palestinians seek to drill for oil in West Bank

The project was among a series of initiatives drawn up by Mideast envoy Tony Blair.  More »
Rosneft President Igor Sechin (AP file photo/Alexander Zemlianichenko)

Russian gas exec defiant in face of sanctions

The chief executive of Russian oil giant Rosneft and a close ally of President Vladimir Putin has spoken defiantly of possible sanctions by Western powers against him, threatening to move business elsewhere.  More »
(Daniel Acker/Bloomberg)

US energy boom demands $641B in infrastructure, study finds

Companies will need to invest $641 billion over the next two decades in pipelines, pumps and other infrastructure to keep up with the gas, crude oil and natural gas liquids flowing from U.S. fields, according to a study released Tuesday.  More »
(Photo: Fotolia)

Oil leak found in southwest Ohio nature preserve

Fire officials say oil leaked into a southwest Ohio nature preserve from a crude oil pipeline.  More »
(Image: Fotolia)

Hedge funds cut record bets on crude as inventories gain

Expanding U.S. oil supplies and production spurred hedge funds and other speculators to cut record bets on rising West Texas Intermediate crude prices.  More »
Amy Adams, North Carolina campaign coordinator with Appalachian Voices, shows her hand covered with wet coal ash from the Dan River swirling in the background as state and federal environmental officials continued their investigations of a spill of coal ash into the river in Danville, Va. (AP Photo/Gerry Broome, File)

Federal grand jury looks into Duke Energy spill

A federal grand jury planned to convene Tuesday as part of a widening criminal investigation triggered by the massive Duke Energy coal ash spill that coated 70 miles of the Dan River with toxic sludge.  More »
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