Fuel Fix

(AP file photo/Reed Saxon)

Occidental searching for Chazen’s replacement

Occidental Petroleum Corp. is searching for candidates to succeed Stephen I. Chazen as chief executive officer when he steps down in 2016.  More »
(Photographer: Patrick Semansky/Bloomberg)

Report: Chemical revenues slip but expansions expected to continue

North American chemical companies have seen their revenues slip with the plunging crude price, but they aren’t expected to abandon the billions worth of expansions they announced when profits were higher, a new report finds.  More »
(RJ Sangosti/The Denver Post via Getty Images)

Maryland House, Senate pass fracking bills

Senators and delegates voted Tuesday in favor of their chamber’s respective bills to hold drilling companies more responsible for damages and place a three-year moratorium on the natural gas drilling method.  More »
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The Polar Pioneer, a drilling rig contracted by Shell for Chukchi Sea exploration in 2015, is transported across the Pacific on the heavy-lift vessel Blue Marlin. (Photo: Vincenzo Floramo / Greenpeace)

As Obama administration weighs Arctic drilling, Shell moves rigs to region

Shell is moving its drilling rigs to the Pacific Northwest, ahead of critical government decisions on the company’s Arctic exploration plans.  More »
Bloomberg Politics Managing Editor Mark Halperin left, and former Texas Governor Rick Perry right, during a discussion held by Bloomberg, L.P on the economy, energy policies, and his vision for the future of America at the downtown JW Marriott hotel Tuesday, March 24, 2015, in Houston.
( James Nielsen / Houston Chronicle )

Rick Perry: Crude export ban should be lifted

Former Gov. Rick Perry on Tuesday his support behind lifting a decades-old ban on crude exports, calling it a “major error” not to allow U.S. oil to be shipped overseas.  More »
Duke Energy employees work on power lines in Charlotte, N.C.  AP Photo/Chuck Burton, File)

Duke Energy to appeal $25.1M fine by NC regulators

The state Department of Environment and Natural Resources previously called the penalty the state’s largest for environmental damages.  More »
LyondellBasell Bayport plant (Photo: LyondellBasell)

LyondellBasell to expand Pasadena plant

LyondellBasell’s chemical expansion announcement comes as the international chemical and refining company continues to square off with the United Steelworkers employees over premium pay issues.  More »
Former Massey Energy Co. CEO Don Blankenship (AP Photo/Haraz N. Ghanbari)

Ex-W.Va. coal boss pleads not guilty in mine safety case

Blankenship entered his plea on Tuesday at an arraignment hearing in U.S. District Court in Beckley.  More »
The head office of Statoil in Stavanger, Norway.  (AP Photo / Kent Skibstad, NTB scanpix, File)

Statoil, West Virginia agree on deal for drilling under Ohio River

The Intelligencer and Wheeling News-Register reports that Norway-based Statoil plans to drill on about 474 acres of state-owned land under the river in Marshall and Wetzel counties.  More »
The West Texas sky silhouettes a Linn Energy pumpjack in the Permian basin. (Linn Energy)

Linn announces $1 billion equity deal

Oil producer Linn Energy signed a deal with Quantum Energy Partners, a private investor, to help fund up to $1 billion in oil and natural gas acquisitions, the companies said Tuesday  More »
(AP Photo/Reed Saxon, file)

Americans drove more than 3 trillion miles last year

The 33 percent slide at U.S. pumps, combined with an improving job market, touched off a national spending spree on sport utility vehicles, vacations and Christmas presents.  More »
(AP Photo/Hasan Jamali)

Asia readies for Iran oil bargains on potential nuclear deal

As world leaders seek an accord on Iran’s nuclear program, at least six Asian refiners including are anticipating more supply from the Middle East producer if sanctions are lifted.  More »
(Jim Wilson/The New York Times)

Fracking moratorium bill fends off amendments, heads to vote

On Monday, the Protect Our Health and Communities Act dodged attempts by House Republicans to change the legislation and make it easier for fracking to start in western Maryland.  More »
Carl Icahn (AP file photo/Gregory Bull)

Carl Icahn boosts stake in Chesapeake Energy

The activist investor’s total stake in the natural gas-producing company has grown to 11 percent.  More »
Anadarko Petroleum Corporation CEO Al Walker, gives a speech after his company won top ranked large employer during the Houston Chronicle's Top Workplaces Awards Gala, Thursday, Nov. 8, 2012, in Houston. (Nick de la Torre/Houston Chronicle)

Anadarko paid executives $127,252 for club memberships in 2014

Anadarko Petroleum Corp., an oil and gas exploration and production company, paid its five named executives $127,252 in fees for club memberships in 2014, a benefit provided by only two of the 12 peers it uses to benchmark compensation.  More »
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