Fuel Fix

Gas station employee changes the price in California. (Paul Sakuma/Associated Press)

Summertime blues for drivers: Gas at August record

You may pay more than ever for a late-summer drive.  More »
BPsign

Asia-Pacific oil drillers in U.S. Gulf seen with BP sale

BP Plc (BP/)’s plans to sell almost $8 billion of deep-water oilfields in the Gulf of Mexico is paving the way for the biggest influx of Asian-Pacific cash into offshore U.S. energy exploration.  More »
(Photo: Getty Images)

China says US energy projects violate free trade

China’s government has ruled that U.S. government support to six American solar and wind power projects violates free trade rules, adding to strains between Beijing and its trading partners over renewable energy.  More »
A contractor closes a valve on a tanker truck at a Range Resources hydraulic fracturing operation in Pennsylvania. (AP Photo/Keith Srakocic)

Critics say Pa. DEP gas data has serious flaws

When Pennsylvania released official data on Marcellus Shale natural gas production last week, there was no mention that numbers from Chesapeake Energy were missing, meaning the biannual totals weren’t close to being accurate. The firm has been a top producer in previous reports.  More »
Telsa's 2012 Model S electric sedan (Image: Tesla Motors)

Tesla Model S gets rave reviews from, AutoNation chief says

Tesla Motors Inc. (TSLA)’s Model S luxury sedan is a “first-rate car” that will attract limited demand because of its price, the chief executive officer of the largest U.S. auto retailer said.  More »
(AP Photo/Hasan Jamali)

Iran to double Shazand refinery output with new unit

Iran will start within three weeks a new gasoline production unit at the Shazand refinery which will double the plant’s output to 16 million liters a day, the state- run Mehr news agency reported.  More »
Beach-goers walk on the sand near the San Onofre nuclear power plant in San Clemente , Calif.  (AP Photo, Lenny Ignelzi, File)

Ailing San Onofre nuclear plant downsizes staff

Southern California Edison plans to cut 730 employees at the ailing San Onofre Nuclear Generating Station, a decision that follows two years of analysis that included comparisons to similar nuclear plants, utility officials said.  More »
Chevronrefinery

Chevron refinery fire a ‘close call’

The chairman of the U.S. Chemical Safety Board toured the scene of the Chevron refinery fire Monday and released photos of the gigantic vapor cloud that loomed over Richmond before it caught fire.  More »
Shell's Kulluk conical drilling unit departs Seattle for Dutch Harbor, Alaska in 2012. (Shell Oil Co.)

Shell’s drilling rig begins two-week trek to Arctic sea

Shell’s Kulluk drilling rig began a two-week journey to the Beaufort Sea north of Alaska on Monday, marking a major step forward in the company’s slow march toward a new era of oil exploration in the region. Environmental critics also ramped up their criticism of Shell’s plans, as federal regulators move closer to approving drilling permits for some of the company’s planned Arctic wells.  More »
(Photo: BFS Man)

ERCOT uses spinning cats to encourage people to save power

The Electric Reliability Council of Texas is hoping spinning cats and leggy women might get Texans to cut back on their electricity use during the peak power hours in the future.  More »
Jose Balderas, Kinder-Morgan operations manager for the Yates field, checks one of the Co2 injection well heads, that uses solar and wind energy to power the well head, Thursday, June 2, 2011, in Iraan. The Yates oil field is one of the oldest in Texas. The Yates field has been producing continuously since the 1920s. (Brett Coomer / Houston Chronicle)

Kinder Morgan Energy selling some assets for $1.8B

Kinder Morgan Energy Partners LP on Monday said it reached a deal to sell some of its assets to Tallgrass Energy Partners LP for about $1.8 billion in cash, a move necessary for its parent, Kinder Morgan Inc., to get regulatory approval for its $20 billion buyout of El Paso Corp.  More »
(Photo: Flickr, Caston_Corporate)

FMC agrees to buy Pure Energy Services for $285 million

FMC Technologies announced this morning plans to buy Calgary-based Pure Energy Services for $285 million in cash.  More »