Fuel Fix

The Valero Refining Company, in Corpus Christi. (AP Photo/Paul Iverson)

Refiners hear the good and the bad on fossil fuels

Top refining and petrochemical officials heard reassuring words on Monday from Bob Lutz, retired former vice chairman of General Motors Corp., who said fossil fuels will be around a long time, despite the current push for clean energy.  More »
Solar panels work at the NRG Solar and Eurus Energy America Corp.'s 45-megawatt solar farm in Avenal, Calif.  (AP Photo/The Sentinel, Apolinar Fonseca, File)

California green jobs grew at slower pace in 2010

Green jobs in California kept growing in 2010 but at a slower pace than before, according to an annual survey of the state’s emerging clean-tech industry.  More »
Vessels monitor a oil burn in the area of the Deepwater Horizon disaster on the Gulf of Mexico in 2010. (Dave Martin/AP)

Inside the Gulf oil spill trial courtroom

See the latest witness-stand comments from Transocean CEO Steve Newman, as FuelFix reporter Harry Weber live tweets testimony in the Gulf oil spill.  More »
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Workers in protective suits and masks wait to enter the emergency operation center at the crippled Fukushima Dai-ichi nuclear power station in Okuma, Japan in 2011. (AP Photo/David Guttenfelder, Pool)

Power partially restored at nuclear plant in Japan

Power has been restored to two fuel storage pools at Japan’s Fukushima Dai-ichi plant, which was severely damaged in the 2011 tsunami. But concerns linger about the fragility of the facility, which still runs on makeshift equipment.  More »
The  Rowan Cecil Provine rig is under contract in case it's needed to drill a relief well to intercept a well  Apache Corp. is killing after its blowout preventer was activated.

Rowan says it’s open to tax-advantaged partnership for its rigs

Rowan Companies Plc (RDC), the shallow- water rig contractor building four new ultra-deepwater vessels, is “open minded” to forming a tax-advantaged partnership for some of its rigs.  More »

Chesapeake to sell $2.3B in notes to pay off debt

As part of its drive to pare down its debt load, Chesapeake Energy will sell $2.3 billion in senior notes.  More »
The Trans-Alaska pipeline (Photo: BP)

All eyes on Alaska Senate ahead of expected oil tax vote

Both sides are ratcheting up the rhetoric on oil taxes ahead of this week’s expected vote in the Alaska Senate.  More »
Sean Lennon and actress Susan Sarandon visit to a fracking site in New Milford, Pa. Dozens of celebrities may be running afoul of the law as they unite under the banner of one group that is seeking to prevent a method of gas drilling in New York state. Artists Against Fracking opposes hydraulic fracturing, or fracking, and boasts members including Yoko Ono and actors Mark Ruffalo and Susan Sarandon. (AP Photo/Richard Drew, File)

NY fracking foes: will become lobby if necessary

Artists Against Fracking said neither the group nor supporters Yoko Ono or Sean Lennon have been told to register as lobbyists in their campaign against gas drilling in New York, but will if necessary to continue their work.  More »
A sign at the entrance to the Schlumberger campus in Sugar Land, Texas (AP Photo/Pat Sullivan, file)

Schlumberger cuts Venezuela work over unpaid bills

PDVSA has slowed payments off and on for years.  More »
United States Rep. Stephen Lynch, D-Mass., is a Democratic hopeful for the U.S. Senate to fill the seat left vacant by the former senior Senator from Massachusetts John Kerry. (Steven Senne/AP)

Billionaire targets Senate candidate over Keystone XL

A California billionaire who supports environmental causes vowed to target Massachusetts U.S. Rep. Stephen Lynch in the state’s U.S. Senate race unless Lynch promises to oppose the Keystone XL pipeline project.  More »
Members of Local No. 13-836 of the United Steelworkers union Gary Brinson (left) and Randall Hetzel picket the front gate of Firestone Polymers in Orange, Texas. The strike that began noon Monday after negotiations failed to resolve issues that included a wage increase and health insurance deductibles. (Guiseppe Barranco/Beaumont Enterprise)

Firestone Polymers union walks out on strike

A representative for the United Steelworkers said the union went on strike because Firestone Polymers wanted to triple the deductible for health insurance and refused to extend the current benefits by a year.  More »
Drilling in Frio County and elsewhere in the Eagle Ford Shale continues to speed up. Sanchez Energy purchased an additional 43,000 acres there Monday.

Sanchez Energy snags 43,000 acres in the Eagle Ford

Sanchez Energy Corp. has agreed to purchase 43,000 acres in the Eagle Ford Shale from Hess Corp. for $265 million.  More »