Fuel Fix

Eugene Isenberg

Steffy: Nabors’ execs tout charity, but donations pale compared with pay policies

As a general rule, corporate giving is a good thing. Unless, of course, it’s used to downplay corporate taking.  More »

Cleanup under way after lubricant leaks into Highlands flood canal

Thousands of gallons of oily lubricant may have leaked into a Highlands’ flood control canal and into the San Jacinto River on Sunday, officials said.  More »
This image provided by BP's spillcam on June 6, 2010 shows oil leaking out of the Macondo well head in the Gulf of Mexico. (AP file photo/BP)

BP spill deal possible this week after Mitsui, analyst says

BP Plc (BP/), operator of the Macondo well that caused the U.S.’s worst oil spill, may reach a settlement for the disaster this week after a partner agreed on fines, an Oppenheimer & Co. analyst said.  More »

BP Cherry Point Refinery fire, north of Ferndale, WA., Feb. 17, 2012. Fire crews doused a dramatic blaze that broke out Friday Feb. 17, 2012at Washington's largest oil refinery, sending up towering flames and creating a thick plume of black smoke visible for miles. No injuries were reported. (AP Photo/Philip A. Dwyer, Bellingham Herald)

State investigates cause of Wash.’s refinery blaze

State safety inspectors are investigating the cause of a dramatic blaze at Washington’s largest oil refinery Friday near Blaine, as BP launched its own review into why it happened.  More »
Natural gas drilling in the Marcellus Shale (Photo: Just Beneath the Surface)

Marcellus Shale gas drillers recycling more waste

Pennsylvania’s Marcellus Shale gas drilling companies are recycling more and more of their briny, chemical-laden wastewater, in most cases complying with a request from state officials to keep the pollutants from being discharged into rivers that supply drinking water.  More »
(Photo: Fotolia)

Cleanup prep continues at Alaska well blowout site

Alaska environmental regulators say cleanup preparations continue at the site of an exploratory well blowout on Alaska’s North Slope.  More »
The Ensco 8501 semi-submersible rig in the Gulf of Mexico (Jennifer A. Dlouhy/Houston Chronicle)

U.S. oil gusher blows out projections

The United States’ rapidly declining crude oil supply has made a stunning about-face, shredding federal oil projections and putting energy independence in sight of some analyst forecasts.  More »
Members of the Iran Navy participate in a 2011 drill in the Sea of Oman. (AP Photo/International Iran Photo Agency, Ali Mohammadi)

Iran cuts oil to Britain and France

Iran has halted oil shipments to Britain and France, the Oil Ministry said Sunday, in an apparent pre-emptive blow against the European Union after the bloc imposed sanctions on Iran’s crucial fuel exports.  More »
(Image: Fotolia)

BP fire at refinery in Washington state is out

A fire at BP’s Cherry Point oil refinery in Washington state that forced some process units shut and prompted a partial evacuation of the plant has been extinguished, according to a company spokesman.  More »
(Photo: Matt Churchill/Flickr)

No big energy provisions in payroll tax bill

The payroll tax cut bill that Congress approved today contained no big energy-related provisions, after speculation each side was seeking to include them in a compromise.  More »
A pump jack in one of three Wyoming oil fields purchased by Australian firm Linc Energy. Linc also purchased oil fields along the Texas/Louisiana Gulf Coast from Houston-based ERG Resources in June 2011. (Photo: Linc Energy)

Industry slams plan to hike royalty rate for federal lands

The oil-and-gas industry is attacking Interior Secretary Ken Salazar’s comment that his department planned to raise royalty rates for oil and gas produced on federal lands by 50 percent.  More »
Mickal Vogt of Covington, La., uses a stick to place tar balls in a jar that washed up on the shore in Orange Beach, Ala., Saturday, June 12, 2010. Large amounts of the oil battered the Alabama coast, leaving deposits of the slick mess some 4-6 inches thick on the beach in some parts. (AP Photo/Dave Martin)

Minority partner to pay $90 million over oil spill

MOEX Offshore 2007 LLC owned 10 percent interest in the Macondo well, about 50 miles off the Louisiana coast.  More »
(Image: Fotolia)

Crude oil settles at its highest level of 2012

Benchmark U.S. crude rose 93 cents on Friday to end the week at $103.24 per barrel in New York.  More »

BP seen unlikely to settle spill case before trial

BP executives told analysts they don’t expect to settle litigation arising from the Deepwater Horizon disaster before a trial set to start Feb. 27.  More »
(AP file photo/Marco Garci)

$5 gas is a bold prediction that will surely be wrong

If you Google $5 gas, you are bound to find hundreds of articles predicting historic gas prices this summer, but a gasoline analyst says you shouldn’t believe those predictions.  More »