Fuel Fix

Sen. Ted Cruz, R-Texas, speaks about energy at the Heritage Action for America 2014 Conservative Policy Summit at the Heritage Foundation in Washington. (AP Photo/Charles Dharapak)

Ted Cruz calls for close look at Exxon Mobil deal in Russian Arctic

U.S. Sen. Ted Cruz, traveling in Israel and Eastern Europe to meet foreign leaders, said Wednesday that the U.S. should review a planned Exxon Mobil Corp. oil exploration project with the Russian state-controlled company Rosneft as the West looks for ways to apply more pressure over the Ukraine crisis.  More »
Yellow oil barrels

Oil drops on expected rise in U.S. supply

Crude for July delivery fell $1.39 to close at $102.72 a barrel.  More »
ExxonMobil Meeting

Exxon CEO: Oil will be top energy source for years

About 15 people protested outside the meeting hall of Exxon Mobil’s annual shareholder meeting, charging that the company was not doing enough to reduce climate change and develop alternative sources of energy to burning oil and natural gas.  More »
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An interactive online map developed by Oil Change International shows rail routes carrying oil and the terminals accepting the crude.

Oil-by-rail protests planned to mark Canadian disaster

A new interactive online map of rail routes shows how oil is rumbling across the nation’s train tracks, as federal regulators consider new requirements for tank cars carrying the crude and opponents plan vigils commemorating last year’s devastating derailment in Canada.  More »
(Image: Fotolia)

Anadarko’s $5 billion pollution settlement wins approval

Anadarko Petroleum Corp.’s agreement to pay $5.15 billion for pollution cleanup across the U.S. was approved over objections from people who said their illnesses won’t be properly compensated.  More »
A natural gas rig in southwest Arlington, Texas (Star-Telegram/Paul Moseley)

Damage award in Texas fracking case raises stakes in air quality debate

A Texas family has won what appears to be the first successful U.S. lawsuit alleging that toxic air emissions from oil and gas production sickened people living nearby. But there are no assurances the verdict against Aruba Petroleum will survive an appeal or lead to regulatory changes in Texas.  More »

Laredo Energy gets $130M to up drilling

Laredo Energy has landed $130 million in private equity funding to cover its Texas drilling efforts, the Houston company said Wednesday.  More »
A rig drills in the Marcellus shale, in joint venture project between Chesapeake and Statoil. (Helge Hansen / Statoil)

Magnum Hunter issues $150M in stock to private investor

Oil and gas producer Magnum Hunter announced the sale of $150 million of its common stock to investors as part of a plan to fund a new rig and acreage in the Marcellus and Utica Shales.  More »
(AP file photo/Grand Forks Herald, Eric Hylden)

Dominion proposes gas pipeline on East Coast

Dominion Resources Inc. has proposed building a 450-mile pipeline to bring natural gas from the Appalachian Basin to markets in Virginia and North Carolina.  More »
EPA rules proposed Monday target carbon emissions from coal-fired power plants would  (AP Photo/Keith Srakocic)

Power plant becomes a model for cleaner operation

A massive coal-fired power plant in western Pennsylvania is turning from one of the worst polluters in the country to a model for how such a facility can clean up its act.  More »
(Photo: Fotolia)

Japanese lawmakers to lobby for Russian gas pipeline

Japanese lawmakers are reviving efforts for a $5.9 billion natural gas pipeline from Russia to cut energy costs after the Fukushima nuclear disaster.  More »
(AP photo)

EU eyes plan to diversify energy but no easy fixes

The European Union’s executive has proposed a strategy to secure the bloc’s energy supplies — and notably reduce its reliance on Russia — by seeking new supplies from the Caspian Sea, the Mediterranean, and increasing use of transportable Liquefied Natural Gas, or LNG.  More »