Fuel Fix

A large sign is seen in the front Sunoco'S Eagle Point refinery in National Park, N.J. (AP Photo/Mel Evans)

Sunoco closing to leave 2 refiners with 86% of East Coast market

Gasoline prices from Florida to Maine will probably rise after Sunoco Inc. (SUN)’s planned closing of a Philadelphia refinery this year makes the market less competitive, the American Antitrust Institute said.  More »
(AP Photo/Keith Srakocic)

NC lawyer: Landowners must take care on fracking

North Carolina landowners should be extremely careful when considering ceding drilling rights and legislators should require more information and protections for residents as the General Assembly evaluates whether to allow fracking, a state attorney said.  More »
Al Armendariz. Photo: Amy Gutierrez, Chronicle

‘Crucify’ a bad word choice for EPA regulator, he admits

The Houston-area top administrator said the agency makes examples of bad players in the oil and gas industry.  More »
The Cameron International Building in Houston (Photo: Holliday Fenoglio Fowler)

Cameron International’s profit rises 22 percent

Cameron said orders increased by nearly 70 percent  More »
A Chesapeake Energy drilling rig (Photo: Chesapeake Energy)

Steffy: Chesapeake to scrap well program that involved CEO’s loans

Chesapeake Energy said it will end a controversial program that allowed its chief executive, Aubrey McClendon, to invest privately in company wells.  More »
A unicyclist rides pass a gasoline pricing sign in Portland, Ore. (AP Photo/Rick Bowmer)

Houston gas prices drop for third straight week

For the third straight week, gasoline prices have dropped in Houston.  More »
Two years after an oil spill that plunged the offshore drilling industry into a period of re-evaluation and scrutiny, the aura surrounding this year’s Offshore Technology Conference is almost giddy.

OTC opens with optimism, focus on safety

Two years after an oil spill that plunged the offshore drilling industry into a period of re-evaluation and scrutiny, the aura surrounding this year’s Offshore Technology Conference is almost giddy.  More »
A sign marks the entrance of the secluded Exxon Mobil corporate headquarters in Irving, Texas. (AP file photo/LM Otero)

Exxon’s 1Q profit drops as output, gas decline

Exxon Mobil Corp. said net income fell 11 percent as its biggest first-quarter production decline since 2008 countered oil prices above $100 a barrel.  More »
(Photo: NuStar Energy)

NuStar posts mixed earnings report

NuStar Energy LP said its net income applicable to limited partners fell 18 percent in the first quarter, missing analysts’ estimates.  More »
(AP file photo/Paul Sakuma)

Production rise helps Shell beat forecasts in Q1

Royal Dutch Shell PLC delivered forecast-busting first quarter earnings on Thursday as it benefited from higher oil prices, and said it is looking for ways to exploit the current low cost of natural gas in North America.  More »
Supporters of a successful effort in 2012 to renationalize Argentina's largest oil company, YPF, wave flags. (AP Photo/Natacha Pisarenko)

Argentine Senate approves of YPF takeover

Argentina’s Senate on early Thursday approved the forced takeover of the YPF oil company from Spain’s Repsol.  More »
Pegasus, the winged red horse icon of Exxon-Mobil, is seen on a gas pump in Ferndale, Mich. (Photo: Carlos Osorio, Associated Press)

Exxon streak of profit gains may have ended in 1Q

Exxon’s money-making machine could be slowing down a bit.  More »
A Statoil drilling rig. (Photo: Harald Pettersen/Statoil)

Norway’s arctic oil bonanza gets reality check in pipe limbo

Norway is grappling with how to turn last year’s oil and gas finds in the Arctic Circle into real money as the world’s seventh-largest crude exporter seeks to sustain output after more than 40 years of extraction.  More »
Gas is flared off from Petroleos Mexicanos offshore platforms producing oil in the Gulf of Mexico. (Photo: Susana Gonzalez/Bloomberg)

Mexico oil opening first time since 1938 shows revival

For the first time in 74 years, Mexico may allow private investment in its oil and gas, the third-largest reserves in Latin America.  More »
(Photo: AEI Services)

Chu says efficiency rules could cut need for power plants

U.S. Energy Secretary Steven Chu said tightening efficiency rules on appliances and industry could eliminate the need to build 200 new power stations.  More »