Fuel Fix

In this image made off Japan's NTV/NNN Japan television footage, smoke ascends from the Fukushima Dai-ichi nuclear plant's Unit 3 in Okumamachi, Fukushima Prefecture, northern Japan on Monday, March 14. The second hydrogen explosion in three days rocked Japan's stricken nuclear plant Monday, sending a massive column of smoke into the air and wounding 11 workers. (AP Photo/NTV/NNN Japan)

Fukushima disaster left U.S. agency in confusion

Relying on information from Japanese officials, U.S. Nuclear Regulatory Commission Chairman Gregory Jaczko told Congress that a spent-fuel pool at Japan’s crippled Fukushima plant was dry. It wasn’t true.  More »
(Photo: Pioneer Drilling)

Pioneer Drilling logs a 4Q profit

Pioneer earned $6.8 million in the quarter, as its rig utilization rates increased and margins rose for its production services division.  More »
Sand flows at a Chesapeake Energy well near Carrizo Springs in the Eagle Ford Shale. (Photo: John Davenport/San Antonio Express-News)

Chesapeake earnings more than double

Chesapeake posted earnings of $429 million or 63 cents per share, compared with $180 million, or 28 cents per share, a year ago. The company had hedging gains of $315 million in the fourth quarter.,  More »

(Image: Fotolia)

Sunoco Logistics to expand Nederland terminal

The project, which will include new rail lines to help the facility with shipments of sweet crude oil from production centers in North Dakota, is considered to be the first phase of a project that could lead to more expansions.  More »
The Cushing, Okla., pipeline hub.

Enterprise draining 2.3 million barrels of oil into Cushing

The companies are preparing to reverse the Seaway pipeline’s flow to take oil to U.S. Gulf Coast refiners.  More »
(Photo: Dan X. McGraw)

Weatherford shares fall on tax issues, restated earnings

The company last year identified “material weaknesses” in its accounting system and cut earnings by $500 million.  More »
(Photo: Fotolia)

Oil price climbs on fear Iran may stop more oil

“People are just scared about Iran,” independent analyst and trader Stephen Schork said.  More »
A contractor closes a valve on a tanker truck at a Range Resources hydraulic fracturing operation in Pennsylvania. (AP Photo/Keith Srakocic)

Cabot, Williams announce new Marcellus pipeline

A natural gas driller and a pipeline company are proposing to build a new pipeline to carry natural gas from Pennsylvania’s Marcellus Shale to the New York and New England markets.  More »
In this Thursday, March 24, 2011 photo, a cluster of houses is seen in Port Harcourt in Nigeria's Delta region.  (AP Photo/Sunday Alamba)

Shell: Nigeria can produce 4M barrels of oil a day

Nigeria could produce as much as 4 million barrels of oil a day, but production remains held back by chronic problems with the nation’s government and the rampant theft of crude from pipelines, a top official with Royal Dutch Shell PLC said.  More »
Anadarko CEO Jim Hackett (Gary Fountain/For the Houston Chronicle)

Anadarko’s Walker to replace Hackett as CEO

Anadarko Petroleum’s Chief Operating Officer Al Walker will replace CEO James Hackett in May, the company said Tuesday, with Hackett assuming the role of executive chairman until he retires in June 2013.  More »
deepwater horizon disaster explosion

BP settles with injured Deepwater Horizon worker

BP Plc (BP/), Transocean Ltd. (RIG) and others involved in the operation of the Deepwater Horizon rig that exploded in the Gulf of Mexico in 2010 agreed to settle a lawsuit filed by a worker injured in the blast.  More »
The Constitution spar in the Gulf of Mexico (Anadarko)

Anadarko says Jupiter-1 well off Sierra Leone finds oil

Anadarko Petroleum Corp. (APC) said the Jupiter-1 exploration well off Sierra Leone found oil and gas.  More »
Workers move a section of well casing into place at a Chesapeake Energy natural gas well site near Burlington, Pa. (AP Photo/Ralph Wilson, File)

Oil profits slide fastest since Lehman collapse on gas

Profits for the biggest U.S. energy producers including Exxon Mobil Corp. (XOM) are poised to decline the most since the financial meltdown of 2008-09 as the drilling technique known as fracking collapses natural gas prices.  More »
(AP file photo/Marco Garci)

Gingrich woos with prospect of $2 gallon gas

Republican presidential candidate Newt Gingrich is dangling the prospect of gas as low as $2 a gallon if he’s elected.  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)

UGA scientists to study effects of Gulf oil spill

Three university of Georgia scientists have received a three-year grant to study the effects of the 2010 Deepwater Horizon oil spill on the Gulf of Mexico ecosystem.  More »