Interior Secretary Sally Jewell said the Obama administration will decide soon whether to yield to Shell’s request for an extension of its Arctic drilling leases. Statoil and ConocoPhillips have made parallel requests for leases that will begin expiring in 2019. More »
The Shell Eco-marathon is moving from Houston to Detroit this year, but the Anglo-Dutch oil major gave six Houston-area teams of college and high school students a send off at city hall Wednesday for competitors looking to create the most fuel-efficient vehicles. More »
In an op-ed published Tuesday in the Lexington Herald-Leader, Majority Leader Mitch McConnell of Kentucky says states should reject Obama’s proposed requirements for power plants to reduce carbon dioxide, the chief greenhouse gas. More »
Exxon holds top triple-A credit ratings from Moody’s Investors Service and Standard & Poor’s, making it one of only three U.S. corporations that stand on nearly equal footing with governments in debt markets. More »
The militants swept down from the central city of Sirte and attacked the al-Dhahra oil field to the south, trading fire with guards and blowing up residential and administrative buildings before eventually retreating. More »
FuelFix.com is your daily must-read source for news and analysis on the energy business. Anchored by business reporters at the Houston Chronicle and other Hearst newspapers, FuelFix incorporates blogs by energy experts, market updates, useful data and a real-time summary of the top ideas, hottest stories and latest news.