Fuel Fix

Photo: Robert Seber, Flickr)

UK awards Rolls-Royce $1.7 bln reactor contract

Britain’s defense ministry has awarded a 1.1 billion pound ($1.7 billion) contract to Rolls-Royce to deliver reactor cores for the UK’s nuclear-powered submarine fleet.  More »
ExxonMobil CEO Rex Tillerson (left) talks to Russian Prime Minister Vladimir Putin during a  signing ceremony in Russia in 2011. (AP photo/RIA Novosti, Alexei Druzhinin, pool)

Exxon fracking Siberia to help Putin maintain oil clout

Russian President Vladimir Putin is counting on Exxon Mobil to help drill oil fields in Siberia that may hold almost half the proved reserves of the United States, extending the petroleum boom that underpins his power.  More »
(Photo: Flickr, Caston_Corporate)

Chevron sells 10% stake in Wheatstone LNG project

Chevron Corp., the second-largest U.S. energy company, agreed to sell a 10 percent stake in its $29 billion Wheatstone liquefied natural gas project to a group that includes Tokyo Electric Power Co.  More »
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A drilling rig aims for oil in the Bakken Shale near Watford City, N.D. (AP Photo/James MacPherson)

Bakken Formation a million years in the making

The Bakken formation’s oil bonanza was triggered eons ago in a story involving a cast of millions, earthly upheavals, heat and pressure — lots and lots of pressure.  More »
Center Twp. Supervisors Chairman Edward "Butch" Deter is seen in a Wednesday, June 6, 2012photo, in Greene County, Pa. The area was the site of a diesel fuel spill in December that crept from the top of the mountain into the creek. The DEP was notified of the incident but local officials and emergency response units were not alerted of a spill or how many gallons contaminated the ground and creek.  (AP Photo/Tribune-Review, Philip G. Pavely)

Local officials say they aren’t told about spills

Gas drilling-related companies spilled oils, gases or chemicals about 134 times onto land and into water across Pennsylvania since Jan. 1, 2011, but the state rarely, if ever, notified the public.  More »
(Photo: Fotolia)

Oil price climbs ahead of crucial Greece election

Benchmark U.S. oil edged up 12 cents Friday to end at $84.03 a barrel.  More »
Jess Burrow, left, and James Patterson, look over the damage caused outside the home of Joe and Mary Reneau when their chimney was toppled by Saturday's earthquake, in Sparks, Okla. (AP Photo/Sue Ogrocki)

Report: Don’t worry much about quakes and fracking

The controversial practice of hydraulic fracturing to extract natural gas does not pose a high risk for triggering earthquakes large enough to feel, a major government science report concludes.  More »
An auction sign is shown at bankrupt Solyndra headquarters in Fremont, Calif., Monday, Oct. 31, 2011 before Wednesday's auction. Solyndra received a one half billion dollar loan guarantee from the government before filing for bankruptcy in Sept. 2011. (AP Photo/Paul Sakuma)

Solyndra close to filing bankruptcy plan

A California-based solar panel manufacturer that received a half-billion dollar loan from the federal government before filing for bankruptcy protection is close to filing a proposal for what to do next.  More »
Trucks drive south on Highway 85 near Williston, N.D., in the state's oil patch region. (AP Photo/Elijah Nouvelage, File)

Overweight trucks take toll on ND oil patch roads

The number of oversize and overweight trucks using county roads and bridges in North Dakota’s oil patch has more than doubled in three years, and while counties are collecting millions of dollars in permit fees, officials say the money isn’t enough or even earmarked for road maintenance.  More »
Money Roll

Former gas driller awarded $4 million for injuries

A federal jury has awarded a former gas driller $4 million for injuries he suffered on a western Colorado drilling rig.  More »
(Photo: Brian Turner/Flickr)

ATP sues U.S. government over offshore-drilling suspension

ATP Oil & Gas Corp. sued the U.S. government for suspending offshore drilling after the 2010 Gulf of Mexico rig explosion and oil spill, alleging the moratorium cost the company more than $68 million.  More »
Iraq's Minister of oil and President of the Conference Abdul-Kareem Luaibi Bahedh talks with Secretary General of OPEC Abdalla Salem El-Badri of Libya, from left, during a news conference after a meeting of the Organization of the Petroleum Exporting Countries, OPEC, at their headquarters in Vienna, Austria,Thursday, June 14, 2012. (AP Photo/Ronald Zak)

OPEC chief sees oil at $110 a barrel as fair

Oil prices could rise about $25 from their present levels to $110 a barrel without threatening the world economy, OPEC Secretary General Abdullah Al-Badry said Friday.  More »