A Kuwaiti-led energy consortium on Wednesday won the right to search for oil and gas in southern Iraq as part of the country’s fourth postwar energy auction. Two natural gas exploration deals meanwhile attracted no bidders. More »
Cove Energy Plc (COV), the U.K. explorer with a share in gas fields off Mozambique, reached a record in London after the African country approved a bid by Thailand’s PTT Exploration and Production Pcl. More »
Activists held a press conference and teach-in on Tuesday in San Franciso, and plan to protest outside the gates of Chevron headquarters during Wednesday’s meeting. Some will try to enter the meeting and address shareholders directly.
The offshore drilling industry is still rebounding from a five-month moratorium and new regulations after the 2010 Gulf oil spill, with consumers paying the price at the pump, according to a new report out today. More »
The troubled San Onofre nuclear power plant in California operated for decades with equipment that might have temporarily severed the plant’s emergency power supply in the event of an earthquake, government filings revealed Tuesday.
A federal magistrate agreed Tuesday to ease travel restrictions he imposed on a former BP engineer charged with deleting text messages about the company’s response to the 2010 oil spill in the Gulf of Mexico. More »
Several lawmakers from Texas are fighting to hold on to their jobs in Congress during today’s primaries across the Lone Star State. The list of incumbents in tough political fights includes a handful of Texans who have taken high-profile roles steering energy policy in Congress. More »
Failing to adopt best practices in shale gas production could fuel public opposition and “halt the unconventional gas revolution in its tracks,” the head of the International Energy Agency said today. More »
FuelFix.com is your daily must-read source for news and analysis on the energy business. Anchored by business reporters at the Houston Chronicle and other Hearst newspapers, FuelFix incorporates blogs by energy experts, market updates, useful data and a real-time summary of the top ideas, hottest stories and latest news.