Fuel Fix

Oil and gas storage tanks. Noah Friedman-Rudovsky/Bloomberg

Israel finds $240 billion gas hoard stranded by politics

Israel, reliant on imported energy since the state’s foundation in 1948, now has more natural gas than it can handle.  More »
Oil workers at the West Qurna Phase 2 field in the Basra region of Iraq in 2010.  (AP file photo/Nabil al-Jourani)

Hyundai among 16 companies bidding for breakwater in Iraq

Hyundai Engineering & Construction (000720) is among 16 companies that bid to build a breakwater for the $6 billion first phase of the Grand Fao port in the south of Iraq, said the director general of the State Company for Iraq’s Ports.  More »
Halliburton sign on a machine (AP Photo/David Zalubowski, File)

Halliburton buys data management company

Halliburton Co. said it has acquired a company that will allow it to provide more technical data about wells and reservoirs to its customers in the energy industry.  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)

Report says warnings ignored in Solyndra loan

Republicans investigating the government’s investment in a bankrupt solar panel manufacturer have concluded that the Obama administration ignored numerous red flags about the company’s financial viability, leaving taxpayers on the hook for more than $500 million.  More »
Beach-goers walk on the sand near the San Onofre nuclear power plant in San Clemente , Calif.  (AP Photo, Lenny Ignelzi, File)

Financial probe delayed at damaged Cal nuke plant

The head of the California Public Utilities Commission recommended Thursday that the agency delay for several months an investigation into soaring costs tied to the damaged San Onofre nuclear power plant.  More »
(Photo: Fotolia)

Oil rises in Asia ahead of US jobs report

Oil was higher in Asia on Friday after a 2 percent drop the day before as attention turned from an anticlimactic ECB meeting to the monthly report on U.S. hiring.  More »
(AP Photo/David Zalubowski, File)

Toyota says electric RAV4 will set pace for mileage per charge

Toyota Motor Corp. (7203), the biggest maker of hybrid autos, said its RAV4 EV sport-utility vehicle powered by batteries and motor from Tesla Motors Inc. (TSLA) will go farther on a charge than major competitors’ electric models.  More »

EOG earnings jump 34% on surging oil production

Houston-based oil and gas producer EOG Resources’ earnings jumped more than a third during the second quarter, boosted by soaring production from shale plays.  More »
(Photo: Matt Churchill/Flickr)

Republicans grill Interior Department watchdog in drilling ban probe

Congressional Republicans grilled the Interior Department’s top internal investigator and suggested her involvement in a government offshore safety panel undermined her independence.  More »
(AP Photo/Mike Groll, File)

Late night talkers take tough stance on fracking

Hydraulic fracturing isn’t finding any friends on late night talk shows – or at least not recently.  More »
Money Roll

Experts: Ohio gov’s $1T oil, gas price tag wrong

Geology experts tell The Associated Press that Gov. John Kasich’s claim that a single energy company could recover $1 trillion worth of oil and gas from Ohio shale is an exorbitant overestimate.  More »
Al Armendariz will have a panel of the House Energy and Commerce Committee grill him Wednesday about his comments and record as EPA head of an area overseeing energy-rich states. Photo: AP GraphicsBank

Former Texas EPA official talks about state’s biggest problem

Former EPA regional chief Al Armendariz, who resigned amid a flap over his suggestion that the agency should “crucify” violators, spoke with the Texas Tribune about EPA’s relationship with the energy industry and Texas environmental regulators.  More »