Fuel Fix

The U.S. Navy's guided-missile destroyer is seen damaged after it collided with a Japanese-owned oil tanker just outside the strategic Strait of Hormuz, Sunday, Aug. 12, 2012. The collision left a gaping hole in the starboard side of USS Porter but no one was injured on either vessel, the U.S. Navy said in a statement. (AP Photo/U.S. Navy, Jonathan Sunderman)

US Navy ship collides with oil tanker in Gulf

A U.S. Navy guided missile destroyer was left with a gaping hole on one side after it collided with an oil tanker early Sunday just outside the strategic Strait of Hormuz.  More »
Total headquarters outside Paris. (AP file photo/Jacques Brinon)

Iraq warns Total over oil deal in Kurdish region

A government spokesman says Iraq has asked French oil giant Total S.A. to choose between working with the self-ruled northern Kurdish region or to quit developing one of the major oil fields in southern Iraq.  More »
Republican presidential candidate Mitt Romney and his vice presidential running mate Rep. Paul Ryan, R-Wis., speak to a crowd at a rally in Virginia in August 2012. (AP Photo/Mary Altaffer)

Romney’s VP pick backed ending oil tax breaks

The budget-cutting zeal that made Republican Rep. Paul Ryan a Tea Party darling and helped land him a spot as Mitt Romney’s running mate doesn’t extend just to defense spending and Medicaid. Oil and gas tax incentives have also been in his crosshairs.  More »
Commercial fishermen from St. Bernard Parish, La., hired by BP lay oil retention booms around New Harbor Island in the Gulf of Mexico in 2010. (AP Photo/Dave Martin)

Feds give new guidelines for offshore oil spill response plans

Federal regulators on Friday gave offshore drilling operators the most specific instructions yet for how the companies should prove they are ready to respond to oil spills.  More »
ATP Oil & Gas Corp's Titan is installed at the Telemark Hub in the Gulf of Mexico (Photo: ATP)

Houston-based ATP’s stock falls 72% amid bankruptcy concerns

Houston-based ATP Oil & Gas’ stock plummeted more than 70 percent Friday after a news report that the company may file for bankruptcy.  More »
Chesapeake Energy-board.JPEG-0bdd2

Chesapeake shares fall on investigation disclosure

Shares in Chesapeake Energy Corp. fell Friday, after the company said the federal government is investigating whether it broke antitrust laws when it bought drilling leases in Michigan.  More »
A section of land inside the Arctic National Wildlife Refuge in Alaska.  (AP Photo)

Report: GOP plan to allow drilling for dollars not lucrative in short term

A Republican plan to open up ANWR, the eastern Gulf of Mexico and Atlantic waters for oil and gas drilling wouldn’t be nearly as lucrative as its backers suggest, according to a new analysis.  More »
The Motch brothers played by Dan Aykroyd and John Lithgow. Photo by Photo courtesy of Warner Bros.

Koch brothers bitter about depiction in latest Zach Galifianakis movie

Charles and David Koch aren’t so happy about Will Ferrell and Zach Galifianakis’ latest movie The Campaign – or more specifically, how they might be portrayed in the movie.  More »
Royalties from oil production on state lands is pushing Texas' Permanent University Fund toward a record $1 billion in annual revenue. (AP Photo/Hasan Jamali)

Slow economic growth expected to slow demand for oil through 2013

Slow economic growth will continue to dampen worldwide demand for oil by 800,000 to 900,000 barrels per day through 2012 and 2013, according to an International Energy Agency report.  More »
Photo: BOB OWEN, San Antonio Express-News / © 2012 San Antonio Express-News

Layoffs buffet wind power industry

Word of staff cuts and factory closings at wind turbine companies from Dallas to North Dakota this month, as a federal tax credit heads toward expiration.  More »
grads

Sixel: Grads need skills, poise and boots

Technical skills are important when energy companies are hiring new MBA graduates. But so are analytical skills, presentation abilities and a passion for the energy industry, a panel of recruiters recently gathered in Houston says.  More »
(Associated Press)

Texas among the worst polluters

An environmental group ranked Texas among the nation’s worst industrial polluters.  More »