Fuel Fix

Chevron's Genesis platform is shown in the Gulf of Mexico.  (AP Photo/Mary Altaffer)

Continental’s Hamm says U.S. must keep tax breaks for oil

The U.S. must retain tax breaks that help independent oil and gas producers, said Harold Hamm, chairman and chief executive officer of Continental Resources Inc.  More »
(Photo: Getty Images)

U.K. offshore wind must copy oil drillers to cut costs by third

U.K. offshore wind developers should form alliances like oil companies battling plunging oil prices did in the past to cut costs by a third, a group including Alstom SA (ALO) and Siemens AG said.  More »

Saudi-Iran rivalries high ahead of OPEC meeting

OPEC ministers are coming into a meeting deeply divided over how much crude to pump, with Saudi Arabia keen to keep a lid on prices, rival Iran pushing to cut production and Iraq expected to back Iran, its longtime foe under Saddam Hussein.  More »
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Oil hovers above $83 as traders eye OPEC meeting

Oil hovered above $83 a barrel Wednesday in Asia amid speculation OPEC will likely leave its production quotas unchanged at this week’s meeting.  More »
A gas station attendant pumps gas, in Portland, Ore.  (AP Photo/Rick Bowmer, File)

Oil, gasoline prices to fall more than forecast

The average price of domestic oil and gasoline will be less than previously forecast through the remainder of 2012 because of week demand and increasing world supplies, according to a government report.  More »
(Photo: Julien Tromeur, Flickr)

Oil rises ahead of key OPEC meeting

Iran will likely argue that production needs to be cut when the Organization of the Petroleum Exporting Countries meets Thursday in Vienna.  More »
(Johnny Hanson / Houston Chronicle)

Houston Mayor backs EPA coal rule ahead of Senate vote

Houston Mayor Annise Parker joined dozens of other mayor who are supporting recent announced Environmental Protection Agency regulations aimed at curbing emissions from coal-fired power plants.  More »
(AP file photo/Grand Forks Herald, Eric Hylden)

Federal court rules in favor of Pa. gas pipeline

A federal appeals court on Tuesday rejected a bid by a coalition of environmental groups to stop the construction of a natural gas pipeline in northern Pennsylvania’s Endless Mountains.  More »
(AP Photo/Charles Krupa)

EPA Administrator Lisa Jackson says coal’s problems economic, not regulation

Environmental Protection Agency Chief Lisa Jackson said the coal industry’s problems involve the relative price of coal and natural gas, not her agency’s regulations.  More »
A Chevrolet Volt undergoes a quality inspection on the production line at a General Motors assembly plant in Michigan on Nov. 30, 2010. (AP file photo/Paul Sancya)

Electric-car battery maker claims big breakthrough, stock jumps

Shares of A123 Systems jumped in early trading after the embattled electronic-car battery maker said that it had developed new lithium ion technology capable of operating in extreme heat or cold.  More »
The Ensco 8501 semi-submersible rig in the Gulf of Mexico (Jennifer A. Dlouhy/Houston Chronicle)

BP looks for growth in Gulf, starts new field

BP has started oil production at its Galapagos development, comprising three wells under more than a mile of water in the Gulf of Mexico.  More »
Transocean's Marianas semisubmersible drilling rig. (Photo: Transocean)

Transocean, Songa see potential for force majeure in Norway

Transocean Ltd. and Songa Offshore SE said a strike by well-service workers offshore Norway may cause explorers to trigger force majeure clauses.  More »
(AP Photo/US Coast Guard, File)

Former DOJ official breaks down spill criminal scenarios

A former DOJ prosecutor explains that the government and BP are mostly likely trying to negotiate a pre-indictment resolution for possible criminal charges against the company, in which both the charges and a settlement amount would be announced at the same time.  More »
Republican presidential candidate, former Massachusetts Gov. Mitt Romney speak about energy during a campaign stop in Tunkhannock, Pa., April 5, 2012. Jake Danna Stevens/The Scranton Times-Tribune/AP Photo

Romney helped spark green-energy boom in Massachusetts

Mitt Romney’s criticism of President Barack Obama for promoting green-energy subsidies may keep the former Massachusetts governor from boasting about his own contribution to his state’s expanding clean-energy industry.  More »
Actor Kevin Costner, center, arrives at Federal Court in New Orleans with two unidentified women in New Orleans, Monday, June 4, 2012. Stephen Baldwin has sued Costner over their investments in a device that BP used in trying to clean up the massive Gulf of Mexico oil spill. The federal lawsuit filed in New Orleans by Baldwin and a friend claims Costner and a business partner duped them out of their shares of an $18 million deal for BP to purchase oil-separating centrifuges from a company they formed after the April 20 spill. (AP Photo/Bill Haber)

Baldwin: Used celebrity to market oil cleaners

Stephen Baldwin testified Monday that no one asked him to invest any capital or join Kevin Costner in lobbying BP to use oil cleanup devices that the two actors were touting in the aftermath of the 2010 spill in the Gulf of Mexico.  More »