Fuel Fix

Anadarko headquarters in  The Woodlands.

Anadarko to hold settlement talks as trial delayed

Anadarko Petroleum Corp. (APC) and its Kerr-McGee unit will hold settlement talks while a trial over a $25 billion lawsuit brought by the U.S. and Tronox Inc. is adjourned for a week, according to court papers. Anadarko rose as much as 4.3 percent.  More »
(AP Photo/Lynne Sladky)

Chevron projects higher refining margins boosted second quarter

The Gulf of Mexico helped grow oil and natural gas volumes in the U.S. by 14,000 barrels per day during the first two months of the quarter, Chevron said in its interim financial update.  More »
Gas station employee changes the price in California. (Paul Sakuma/Associated Press)

Gasoline prices rise as crude oil rebounds

Gasoline prices rose for the first time in near three months after crude oil prices began a slow rise in late June.  More »
(Photo: Mathijs B/Flickr)

Official: 95 killed in Nigeria fuel tanker fire

A Nigerian government agency says 95 people have died after a fuel tanker caught fire and exploded.  More »
Shell-Logo-323x300

Shell touts progress of Ho-Ho pipeline reversal

Shells plan to move fuels eastward from Houston to Houma, La. is winning customers and federal approvals, the company said.  More »
(AP Photo)

BP settles most remaining Texas City OSHA violations for $13 million

Update: The Department of Labor announced today that BP agreed to settle the remain fines for $13 million. The company agreed in 2010 to settle $50 million of the $87.4 million in fines that OSHA levied.  More »
(Photo: Associated Press)

Debate underscores divide on energy policy

Surrogates for Barack Obama’s and Mitt Romney’s presidential campaigns debated energy policy on Wednesday, revealing stark differences between their views of the federal government’s role in using taxpayer dollars to support still-developing energy technologies.  More »
Chevron's Genesis platform is shown in the Gulf of Mexico.  (AP Photo/Mary Altaffer)

U.S., Canada to drive 2013 non-OPEC oil supply gains

Oil supplies from outside of the Organization of Petroleum Exporting Countries may increase 1.3 percent next year as the U.S. and Canada increase production of unconventional oil, the International Energy Agency said.  More »
CenterPoint Energy says it must build a new transmission line to meet Houston's future electricity needs.  (AP Photo/Mark Duncan, File)

Electric rates not falling along with fuel costs

A plunge in the price of natural gas has made it cheaper for utilities to produce electricity. But the savings aren’t translating to lower rates for customers. Instead, U.S. electricity prices are going up.  More »
Steve Colt, professor of economics at the University of Alaska Anchorage Institute of Social and Economic Research, discusses energy costs during a hearing on Wednesday, July 11, 2012 in Anchorage, Alaska. The hearing, the first of several to be held across the state and led by a group of state senators, is to find ways to reduce the high costs of energy in Alaska. (AP Photo/Mark Thiessen)

Panel delves into issue of high gas prices

A group of state lawmakers delving into the issue of high gas prices is finding no easy answers for trying to provide Alaskans with some relief at the pump.  More »
The corporate logo at Apache Corp. headquarters in Houston. (AP file photo/Pat Sullivan)

Kenya’s deepwater debut heralds east Africa’s first oil

Apache Corp. (APA) will drill Kenya’s first deepwater oil well next month, a prospect that could add a $70 billion crude find to the record natural-gas discoveries along East Africa’s coast.  More »
Anson Chi who is charged with possessing an explosive device after authorities say he detonated a bomb at a natural gas regulator station in the Dallas suburb of Plano. Chi, critically injured in the blast, had posted anti-government beliefs on Facebook and was wanted for a probation violation in California, according to authorities. (AP Photo/Collin County Sheriff via Dallas Morning News)

Man suspected of gas main bombing indicted

A federal grand jury has indicted a man accused of trying to blow up a natural gas pipeline in suburban Dallas.  More »