A group of Gulf Coast shrimp processors asked a federal judge Monday to hold off on giving his preliminary approval to portions of BP’s proposed class-action settlement of economic damage claims spawned by the 2010 oil spill in the Gulf of Mexico. More »
Negotiations to halt Iran’s nuclear-enrichment program will probably fail, setting the stage for full implementation of U.S. and European Union sanctions against the nation’s oil exports, Societe Generale SA (GLE) said. More »
Spanish energy firm Repsol warned Monday that it would consider legal action against companies or investors that help Argentina exploit petroleum Repsol had planned to tap before its Argentine unit YPF was nationalized. More »
The stories coming out of the oil fields in South and West Texas sound like tall tales: overnight wealth, billions in industry investment and an unbuilt hotel in Odessa that’s already booked for two years. More »
Drilling in the deep Gulf of Mexico is becoming robust two years after the oil spill that prompted a six-month moratorium on deep-water exploration, but more of the work now is left to large companies. 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.