Fuel Fix

An oil pump operates in the desert oil fields of Sakhir, Bahrain, at sunset. (AP Photo/Hasan Jamali)

Oil ends lower as commodities retreat

Benchmark crude fell 71 cents to $92.05.  More »
Tracy Olson/Flickr

ConocoPhillips may fund spending with cash and debt

ConocoPhillips said it may use cash, debt and asset sales to fund its dividend and capital spending as it waits for production to rise. The company is targeting “consistent” dividend increases, leaders said at the analyst meeting Thursday.  More »
(Photo: Rowan Cos.)

Rowan benefits from deep-water focus

Rowan earned $54.1 million in the fourth quarter of 2012, or 44 cents a share, up 19 percent from $45.1 million, or 27 cents a share, in the fourth quarter of 2011.  More »

Steam rises from the cooling towers of nuclear reactors at Georgia Power's Plant Vogtle, in Waynesboro, Ga. The U.S. Nuclear Regulatory Commission is expected to vote Thursday, Feb. 9, 2012 on Southern Company's application to begin full construction of the nation's first new nuclear units in 30 years at Plant Vogtle. (AP Photo/Mary Ann Chastain, File)

New nuclear plant over budget

Atlanta-based Southern Co. said Thursday that Plant Vogtle, a first-of-its-kind nuclear plant under construction in eastern Georgia, will go over budget.  More »
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Apache: Gulf well control operations complete

Apache Corp. says well control operations at a gas well 50 miles off the Louisiana coast have been completed.  More »
Chevron's Jack and St. Malo fields are located about 280 miles south of New Orleans, in 7,000 feet of water. Its latest test well was more than 5 miles below sea level. (Graphic: Chevron)

Chevron ultradeep well shows high production

Chevron said Thursday that a test well at the St. Malo field, more than 5 miles below sea level, had a high rate of oil production, an indicator of the promise of an emerging field in the Gulf of Mexico.  More »
A crewman directs a pipe for the southern leg of TransCanada's Keystone XL project as it's lowered into the ground in Wood County, Texas. The northern portion is awaiting approval by the Obama administration. (Cody Duty / Houston Chronicle)

Canadian government hopes US will do ‘right thing’ on Keystone

Canada’s Natural Resources Minister Joe Oliver said the government is hopeful that the United States will do the “right thing” and approve TransCanada Corp.’s Keystone XL pipeline.  More »
(Ken Childress/Rosetta Resources)

Rosetta Resources names new CEO

Houston’s Rosetta Resources, an independent oil and gas company, this week announced new top leadership.  More »
(Image: Fotolia)

Eagle Ford crude selling for far above threshold

The threshold level for drilling a profitable oil well in the South Texas oil and gas field is somewhere between $50 and $57 a barrel, a Baker Hughes executive said Wednesday.  More »
An undated photo provided by the Energy Department shows crude oil pipes at the Bryan Mound site near Freeport, Texas. (AP Photo/Energy Department).

Oil field services value to jump 72% by 2017

Booming exploration and production is expected to pus the total value of oil field services to $213 billion over the next five years, according to GBI Research.  More »
(AP Photo/Gerald Herbert, File)

Timeline: The Gulf oil spill’s legal war

Nearly three years after BP’s Macondo well blew out and spewed millions of barrels of oil into the Gulf of Mexico, the legal wrangling continues. View the complex web of lawsuits and criminal indictments that have followed the worst offshore oil spill in history.  More »
Bill White, chairman of Lazard Ltd., listens to a question during an interview in Houston, Texas, U.S., on Wednesday, Feb. 27, 2013. White discussed the outlook for U.S. energy independence. Photographer: Aaron M. Sprecher/Bloomberg

Bill White says Texas lagging in skilled jobs

Former Houston Mayor Bill White, defeated by Republican Rick Perry in a 2010 bid for governor of Texas, said the state is falling behind in preparing workers who can meet the demands of a resurgent U.S. energy industry.  More »
Oil from the Deepwater Horizon spill floats on the water as the sky is reflected in sheen on Barataria Bay, off the coast of Louisiana, in this June, 7, 2010 file photo. A high-stakes trial to assign blame and help figure out exactly how much more BP and other companies should pay for the spill began Monday, Feb. 25, 2013. (AP Photo/Charlie Riedel, File)

Live tweets from inside the BP oil spill trial courtroom

FuelFix reporter Harry R. Weber will be covering the BP trial live.  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)

WHO: Small cancer risk after Fukushima accident

People exposed to the highest doses of radiation during the Fukushima nuclear plant disaster in 2011 may have a slightly higher risk of cancer that is so small it probably won’t be detectable, according to a new report from the World Health Organization released Thursday.  More »
A drilling rig aims for oil in the Bakken Shale near Watford City, N.D. (AP Photo/James MacPherson)

North Dakota fracking boom leaves oil hub a bust

Oil extracted from wells ringing Williston, North Dakota, helped push the state’s surplus to a record $1.6 billion and generate the nation’s lowest jobless rate. Drilling also left the city broke.  More »