Fuel Fix

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Transneft may study pipe to vie for Rosneft arctic offshore oil

OAO Transneft is ready to study bringing Russia’s oil pipeline network to the Arctic offshore as OAO Rosneft and Exxon Mobil Corp. (XOM) search for crude in the ice- bound Kara Sea.  More »
A young evacuee is screened at a shelter for leaked radiation from the damaged Fukushima nuclear plant in Fukushima, Fukushima prefecture, Japan. (AP Photo/Wally Santana)

More radioactive water leaking at Japan nuke plant

The operator of Japan’s crippled nuclear power plant says it has detected a fresh leak of radioactive water from one of the facility’s storage tanks.  More »
(AP file photo)

Feds probe lethal blowout in West Texas

Federal safety regulators are investigating the blowout of an Anadarko Petroleum Corp. well in West Texas that killed two workers and sent three to the hospital, the company said.  More »
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U.S. District Judge Carl Barbier (Bloomberg News)

Attorney fee disputes in Gulf spill get own judge

A federal bankruptcy judge has been appointed to rule on future disagreements over attorney fees related to the multibillion settlement between BP and victims of the 2010 Gulf of Mexico oil spill.  More »
BP CEO Bob Dudley speaks at an energy conference in Houston. (Johnny Hanson/Houston Chronicle)

BP launches defense in Gulf spill trial

BP’s first witness at a trial over the deadly Deepwater Horizon disaster says the company safely drilled its Macondo well in the Gulf of Mexico before an April 2010 blowout triggered the nation’s worst offshore oil spill.  More »
The Tamar Lease natural gas rig, located 90 kilometers west of the city of Haifa in northern Israel. Recent discoveries of massive offshore natural gas deposits, set to begin flowing in the coming days, are turning into a mixed blessing for Israel. (AP Photo/Albatross Aerial Perspective, File)

Commentary: Israel’s rise to energy superpower underway

Israel’s transformation from a land of milk and honey into a land awash with oil and gas money is underway. The country’s offshore Tamar field finally started pumping domestic natural gas direct to Haifa in March, meaning Israel is no longer in the thrall of its Arab neighbors for gas imports.  More »
Former British Prime Minister Margaret Thatcher leaves the memorial service for former Conservative Prime Minister Sir Edward Heath, at Westminster Abbey in London in 2005. (AP Photo/Chris Young-pa)

Yergin: Thatcher ‘wrote playbook for change in global economy’

Energy expert Daniel Yergin comments on the death of former UK Prime Minister Margaret Thatcher, whom he interviewed for his 2002 book The Commanding Heights: The Battle for World Economy.  More »
Jerry Karnas and about 30 others protest the Keystone XL oil pipeline as President Barack Obama rides through on his way to speak at PortMiami on Friday, March 29, 2013, in Miami. (AP Photo/The Miami Herald, Michelle Kanaar)

Keystone XL foes launch aggressive campaign against pipeline (video)

Critics of Keystone XL are ramping up their efforts against the pipeline by launching a new coalition, nationwide commercials and online ads focused on convincing influential Democratic voters and donors that the project is a bad idea.  More »
(AP file photo/John McConnico)

Shell, Gazprom to develop Arctic oil fields

Russian Energy Minister Sergei Donskoy was quoted by national media as saying Monday that the companies will develop the Severo-Vrangelevsky field in the Chukchi Sea and the Severo-Zapadny field in the Pechora Sea.  More »
(Karen BLEIER/FILESKAREN BLEIER/AFP/Getty Images)

Exxon Mobil calls pollution suit a scapegoat

Lawyers for Exxon Mobil say the state of New Hampshire is looking for a lot of money and a scapegoat in its lawsuit over the oil giant’s use over the gasoline additive MTBE, the longest state trial in state history.  More »
electric_Power_pole

NRG paying $244M for Corpus Christi power plant

Power provider NRG Energy is paying roughly $244 million to buy a Corpus Christi cogeneration power plant that will expand the company’s electricity capacity in a part of the state where it is seeking to grow its customer base.  More »
People walk by a Shell fueling station in Jijiga, Ethiopia. (guuleed/Flickr)

Ethiopian oil plays could hold billions of barrels, but challenges abound

A study indicates that two new basins in Ethiopia could contain more than two billion barrels of oil. But getting at that oil wealth means overcoming colossal hurdles. Ethiopia has no pipelines and major investors are scarce.  More »