Fuel Fix

Interior Secretary Kenneth Salazar appears during a news conference in Boston for the Cape Wind offshore project in 2011. (Charles Krupa/AP file photo)

Salazar’s legacy: Win some, lose some

During his time heading the Interior Department, outgoing Secretary Ken Salazar has more often come down on the side of conservation — winning applause from outdoor enthusiasts and some environmentalists but drawing jeers from the oil and gas industry.  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)

Israel faces geopolitical tangle with natural gas

Recent discoveries of massive offshore natural gas deposits, set to begin flowing in the coming days, are turning into a mixed blessing for Israel.  More »
Chesapeake Energy Corp. CEO Aubrey McClendon speaks during the opening of a compressed natural gas filling station in Oklahoma City in 2009. (AP Photo, File)

Chesapeake names interim CEO

Chesapeake Energy Corp. picked Chief Operating Officer Steven C. Dixon to be interim chief executive as co-founder Aubrey K. McClendon steps down from the natural gas explorer he led for almost a quarter century.  More »

A drilling rig aims for oil in the Bakken Shale near Watford City, N.D. (AP Photo/James MacPherson)

New refineries planned for Bakken Shale

Some companies are building small refineries in North Dakota, trying to take advantage of the low cost of Bakken crude and a growing demand for fuel in the local area.  More »
A Petrohawk Energy Co. drilling site at the Eagle Ford Shale in McMullen County. (Jake Lacey)

Eagle Ford Shale boom helping poorest Texas counties

Former Housing and Urban Development Secretary Henry Cisneros, once worried that South Texas was a region lost to poverty, said he’s stunned by the economic opportunity coming from the Eagle Ford Shale, a massive oil and gas field that arcs across some of the traditionally poorest counties in the state.  More »
Storage tanks at Kinder Morgan's BOSTCO terminal project on the Houston Ship Channel. (source: Kinder Morgan)

Kinder Morgan to double size of condensate facility

Kinder Morgan will double the size of a new Houston condensate processing facility, adding another $175 million in investment because of added demand from BP.  More »

Quicksilver selling stake in Barnett Shale assets

Natural gas producer Quicksilver Resources Inc. is selling a 25 percent stake in its Barnett Shale oil and gas assets to a subsidiary of Tokyo Gas Co. for $485 million.  More »
The damaged No. 4 reactor building at Tokyo Electric Power Co.'s Fukushima Dai-ichi nuclear power plant in Okuma town, northeastern Japan. (AP Photo/Kyodo News)

Japanese utility takes blame for nuclear crisis

Tokyo Electric Power Co. acknowledged in a report that it was not adequately prepared to deal with the massive earthquake and tsunami that ravaged northeastern Japan in March 2011.  More »
A unicyclist rides pass a gasoline pricing sign in Portland, Ore. (AP Photo/Rick Bowmer)

Obama rule would slash gasoline emissions, raise prices

The Obama administration on Friday formally unveiled a plan to throttle the amount of sulfur emissions allowed from gasoline, raising concerns about rising gas prices.  More »
(AP Photo/Patrick Semansky)

High benzene levels found by Colorado spill

Samples taken from monitoring wells near an oil-like leak close to a Williams Midstream natural gas plant in Colorado show high benzene levels near Parachute Creek, state officials said Thursday.  More »
(Photo: Vectorportal/Flickr)

Texas man faces sentencing in biodiesel scam

A West Texas businessman who pleaded guilty to federal fraud and money laundering charges stemming from a $42 million biodiesel scam is scheduled to be sentenced Friday.  More »
(AP Photo)

Diesel exports from US rising as plant maintenance winds down

Exports of diesel fuel from the U.S. Gulf Coast are poised to climb as refineries returning from maintenance boost production, widening the price gap between the Gulf and Europe.  More »
A crew works on a Marcellus Shale drilling rig to produce natural gas. (AP Photo/Keith Srakocic)

Gas rig count declines to near 14-year low

The U.S. gas rig count has shrunk to almost a fourth of its peak in September 2008 as a glut of domestic supplies pushed prices of the fuel down to 10-year lows and drove energy producers toward more profitable oil and liquids-rich plays.  More »
(Jorgosphotos / Flickr)

Feds to unveil new sulfur standards for gasoline

The Obama administration on Friday is expected to unveil a long-delayed plan to slash smog-forming sulfur emissions from gasoline, despite objections from the oil industry.  More »
Shares of Halliburton and Baker Hughes soared Thursday after a report that they were in merger talks.

Brazilian biomass CEO joins Halliburton’s board

Halliburton has named José C. Grubisich, a Brazilian renewable resources executive, to its board of directors.  More »