Fuel Fix

The Trans-Alaska pipeline (Photo: BP)

Alaska gov proposing oil tax revamp

Gov. Sean Parnell is proposing an overhaul of Alaska’s oil tax structure, saying his new plan is simpler and aimed at making the state more competitive while encouraging new production.  More »
In a Nov. 26, 2012 photo, a road leads to a natural gas well near Weatherford, Texas. The U.S. Environmental Protection Agency had evidence the gas company's drilling operation contaminated nearby families' drinking water with explosive methane, and possibly cancer-causing chemicals, but withdrew its enforcement action, leaving the families with no useable water supply, according to a report obtained by The Associated Press. The EPA's decision to roll back its initial claim that hydraulic fracturing, or ?fracking,? operations had contaminated the water is the latest case in which the federal agency initially linked drilling to water contamination and then softened its position, drawing criticism from Republicans and industry officials who insisted they proved the agency was inefficient and too quick to draw conclusions. (AP Photo/LM Otero)

EPA changed course after oil company protested

When a man in a Fort Worth suburb reported his family’s drinking water had begun “bubbling” like champagne, the federal government sounded an alarm: An oil company may have tainted their wells while drilling for natural gas.  More »
petrobras_worker_offshore

General Electric wins $500M contract with Brazilian oil giant

GE will supply equipment and services for Petrobras’ floating production and storage facilities in the Santos Basin, off the state of Sao Paulo.  More »
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Sen. John Hoeven, R-N.D., and former Interior Secretary Ken Salazar discuss North Dakota's oil boom after visiting a rig drilling wells in the Bakken formation for Newfield Exploration Co. (Photo: Jennifer A. Dlouhy / Houston Chronicle)

Interior Secretary Ken Salazar leaving

Interior Secretary Ken Salazar will leave his post in March with a mixed legacy on energy development, having approved the nation’s first major wind and solar installations on federal lands, but drawing fire from energy companies for “sluggish” permitting of oil and gas projects on U.S. property.  More »
(Photo: Valerie Everett/Flickr)

Opening forebodes long, contentious trial over fuel additive

Lawyers for the state of New Hampshire and petroleum giants ExxonMobil and Citgo mocked their opponents’ evidence and disparaged their witnesses for a second day Tuesday as they prepared jurors for a long, contentious trial over the gasoline additive MTBE.  More »
An ethanol plant in Missouri  (AP file photo/Southeast Missourian, Aaron Eisenhauer)

Court rules against Big Oil in dispute over ethanol blend

Despite protests from the oil industry, a federal appeals court on Tuesday refused to allow a challenge to an Environmental Protection Agency decision encouraging more ethanol to be blended into gasoline.  More »
A Texas power plant operates natural gas and coal-fired units. (AP Photo)

Natural gas storage gives power plants flexibility

Natural gas storage for electric generation is helping to make the resource a flexible fuel for on-demand power production, speakers at a Houston conference said Tuesday.  More »
(Image: Fotolia)

Eagle Ford workers file overtime suit against Superior Energy

Several Eagle Ford oil field workers are suing Superior Energy for failing to pay them overtime, according to a court filing.  More »
Shown is a frame from a new American Petroleum Institute advertisement touting the value of America's refineries and pipelines. (Source: API)

Refiners ask Congress to scrap renewable fuels mandate

A top oil industry lobbying group is launching an aggressive push to scrap a national renewable fuels mandate it says is “unworkable and outdated.”  More »
(Xinhua/Liu Xiao)

Investments in clean energy dropped in 2012

Global investments in clean energy dropped 11 percent last year, a dip blamed on regulatory uncertainty and policy changes in markets including the United States, Europe and Asia.  More »
(Image: Aidan Jones/Flickr)

ConocoPhillips selling some assets for $1.05B

ConocoPhillips will sell its Cedar Creek Anticline properties, in North Dakota and Montana, for $1.05 billion to Denbury Resources, the companies announced today.  More »
Woo Jeong Lee, chairman and founder of Nexolon to speaks to the San Antonio Express-News Editorial Board about the CPS Energy/Brook Development Authority deal. Photo: Helen L. Montoya, San Antonio Express-News

CPS solar partner says it’s sticking with deal

The chairman of Nexolon Co. Ltd., owner of a key supplier in CPS Energy’s massive solar power project, rejected questions Monday about the financial stability of his company and reiterated his commitment to the project.  More »