Fuel Fix

Supporters of a successful effort in 2012 to renationalize Argentina's largest oil company, YPF, wave flags. (AP Photo/Natacha Pisarenko)

Repsol profits down sharply on inventory effects

Spanish energy company Repsol says its second quarter net profits fell 45 percent from the same period of 2011 to €274 million ($332 million), due in the effect of lower oil prices on the value of its inventories.  More »

Q2 profits for Norway’s Statoil edges down

Norwegian oil and gas group Statoil ASA says second-quarter profits dipped slightly in the second-quarter, falling just under 2 percent, in large parts due to lower prices for liquids and higher exploration costs.  More »
New solar panels line the roof of the Corner Brewery in Ypsilanti, Mich. The panels will provide hot water in addition to electricity for the building. (AP Photo/AnnArbor.com, Jeffrey Smith)

2 Michigan breweries conserve energy, save money

A move toward energy efficiency and solar power are expected to help two Michigan breweries save thousands of dollars on utility bills.  More »
(Photo: Vectorportal/Flickr)

Man in Texas pipeline incident pleads not guilty

A North Texas man accused of trying to blow up a natural gas pipeline in suburban Dallas has pleaded not guilty.  More »
Crews clean up oil, from a ruptured pipeline, owned by Enbridge Inc, near booms and absorbent materials where Talmadge Creek meets the Kalamazoo River as in Marshall Township, Mich.  Federal investigators are expected to present their findings Tuesday, July 10, 2012 on the likely cause of a pipeline rupture that spilled more than 800,000 gallons of crude oil into the river nearly two years ago. (AP Photo/Paul Sancya, File)

Groups protest tar sands oil on spill anniversary

On the second anniversary of the costliest onshore oil spill in U.S. history, environmental groups held rallies in several states Wednesday to raise concerns about transporting tar sands oil in underground pipelines.  More »
(Associated Press)

Judge blocks air permit for Las Brisas plant

A state judge has struck down a state air permit for a planned coal-fired power plant on the Texas coast.  More »

Shell signs deals with Cnooc, China National for access

Royal Dutch Shell Plc (RDSA), Europe’s biggest oil company, expanded cooperation with two of China’s state-backed producers, giving it more access to reserves in the world’s second-largest economy.  More »
(Photo: Houston Chronicle file)

Encouraging people to save electricity may start with a prize

Some electric companies are offering incentives for customers to consume less power, as the comanies try to contain their own costs of generating the juice.  More »
Craig Sautner, a resident of Dimock, Pa., holds a jug of contaminated water outside a September EPA meeting on hydraulic fracturing in New York. (Photo: AP/Press & Sun-Bulletin)

EPA says water safe in Pennsylvania town

Some Dimock residents claimed that Houston-based Cabot Oil & Gas Corp. polluted the local aquifer.  More »
Photo of U.S. Capitol building

House rejects Obama administration drilling plan

The House of Representatives today rejected an Obama administration plan for selling offshore drilling leases over the next five years and instead voted to replace it with a more aggressive GOP alternative.  More »
(Michael Paulsen / Houston Chronicle)

Oil industry to power Houston economy for decades

Deep oil industry roots will keep Houston’s energy-driven economy powering forward over the next half century as the world continues to demand hydrocarbons, a University of Houston professor said during remarks at the Houston Chronicle.  More »
(Photo: Steve Jurvetson/Flickr)

Oil lobby group challenges renewable fuel mandate

The American Petroleum Institute filed a lawsuit Tuesday claiming that the government is requiring refiners and gasoline importers to purchase renewable fuels that don’t exist.  More »