Fuel Fix

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)

’No more Solyndras’ bill seen hurting clean-energy innovation

A House bill introduced by Republicans in response to Solyndra LLC’s collapse may keep the U.S. from backing the latest clean-energy projects under its remaining $34 billion in loan authority, the Energy Department said.  More »
Money Roll

Gas industry contributions to Pa. politicians down

The gas drilling industry gave less money to Pennsylvania politicians in 2011, but it spent more on lobbyists.  More »
A worker walks through pipes connecting storage tanks and pumps in the hydraulic fracturing process. (AP Photo/Keith Srakocic, File)

Insurer won’t cover hydraulic fracturing exposure

Nationwide Mutual Insurance Co. has become the first major insurance company to say it won’t cover damage related to a gas drilling process that blasts chemical-laden water deep into the ground.  More »
Petroleos Mexicanos oil platforms in the Cantarell oil field in the Gulf of Mexico.  (Photo: Pemex/Bloomberg)

Pemex approves 5-year plan to expand overseas

Among the plants available for sale in the U.S. are BP’s Texas City refinery.  More »
(AP Photo/LM Otero)

Deputy energy chief visits Houston, promotes energy policies

Deputy Energy Secretary Daniel Poneman promoted the wind power Production Tax Credit and new federal grants for natural gas vehicles.  More »
Cheniere Energy Partners' LNG import terminal on the Louisiana side of Sabine Pass. (Photo: Cheniere Energy)

Cheniere gets $3.4 billion in financing for Sabine Pass terminal

The partnership now has $5.4 billion to build the first two phases of its liquefaction project.  More »
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 »
Chevron hired an investment banker to gauge buyer interest in its Hawaiian operations.
(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 »