Fuel Fix

This drilling rig is working in the South Texas Eagle Ford where EOG Resources had been active.  Photo: Courtesy Photo / HC

EOG Resources gains most in eight months as oil climbs

EOG Resources Inc. (EOG), the largest leaseholder in Texas’ Eagle Ford shale formation, rose the most in almost eight months as oil prices surged.  More »
Oil workers at the West Qurna Phase 2 field in the Basra region of Iraq in 2010.  (AP file photo/Nabil al-Jourani)

Iraq’s oil revenues drop by 17.6 percent in June

Iraq’s oil revenues dropped by 17.6 percent from May to June due to plummeting prices in the international market and the diversion of some production to meet domestic needs, the government said Monday.  More »
Oil pumps work at sunset Monday, Jan. 2, 2012, in the desert oil fields of Sakhir, Bahrain, in the Persian Gulf. (AP Photo/Hasan Jamali)

Iran feels pinch of new EU oil sanctions

As new European Union sanctions targeting Iran’s vital oil industry took effect Sunday, Tehran acknowledged the measures aimed at reining in its disputed nuclear program were taking a toll. The vice president said authorities had stockpiled imported goods and hard currency to help cushion the blow to the economy.  More »
(AP Photo/The News & Observer, Robert Willett)

Perdue vetoes bid to start gas fracking in NC

Gov. Beverly Perdue vetoed legislation Sunday that would allow a form of shale gas exploration called fracking in North Carolina, saying the measure did too little to protect drinking water, landowners and local governments.  More »
In this photo provided by Greenpeace, actress Lucy Lawless, left, joins activists in stopping a Shell-contracted drillship from departing the port of Taranaki, New Zealand, Friday, Feb. 24, 2012. Lawless, a native New Zealander, best known for her title role in "Xena: Warrior Princess," climbed the oil-drilling ship bound for the Arctic to try and stop it from leaving. (AP Photo/Greenpeace, Nigel Marple)

Protests to continue against Shell Arctic drilling

Environmental activists say they’ll find ways to protest Shell’s Arctic drilling, even though a court injunction may cramp their style.  More »
(Photo: Fotolia)

Oil soars as Europe moves to bolster banks

The price of oil climbed after European leaders took unexpectedly aggressive steps to support the region’s beleaguered banking sector.  More »
Welding crews lay pipelines in Texas to move oil and gas extracted from the Eagle Ford Shale to market. (John Davenport/San Antonio Express-News)

Oil is up, but a declining trend could curb shale rush

Although oil prices jumped today after an encouraging European policy decision, a recent trend of declining oil prices could put a damper on rapid shale drilling in the United States, according to analysis from Simmons & Company International.  More »
Neelam Singh and Charudatta Galande work on the battery in their lab. (Jeff Fitlow/Rice University)

Spray-on batteries could be a reality in the future

As Apple and other tech designers seek sleeker and ever-more powerful batteries to power laptops and devices, they’re pushing engineers to create unconventional, more space-efficient batteries.  More »
A drilling rig aims for oil in the Bakken Shale near Watford City, N.D. (AP Photo/James MacPherson)

Ackman like Buffett buoyed by fracking in Bakken

Bill Ackman, the largest investor in Canadian Pacific Railway Ltd. (CP), is following Warren Buffett in profiting from growing oil and gas production in North America’s Bakken shale.  More »
Tugboats pull an LNG tanker to Cheniere Energy's Sabine Pass terminal in 2008. (Nick De La Torre / Houston Chronicle)

Cheniere plans to complete $4 billion in LNG terminal financing

Cheniere Energy Inc., the first company to win approval to export natural gas from the continental U.S., plans to complete as much as $4 billion in financing for the project in the next few days.  More »
Honda Fit EV. (Photo: Honda)

Honda tries to boost electric car sales with free insurance

Honda is trying a different method to attract buyers to electric cars by offering free insurance to anyone who purchases a car.  More »
(Photo: Jari Salomaa)

Gas prices could offer drivers road map to summer vacations

The Fourth of July holiday is quickly approaching, meaning millions of Americans will be jumping in a car en route to a beach or some where else.  More »