Chesapeake Energy Corp. (CHK) was ordered to pay more than $100 million to three Texas lease holders who claimed the second-largest U.S. gas producer reneged on agreements to purchase mineral rights. More »
Replacing coal with natural gas cuts the creation of greenhouse gases that cause global warming, a Cornell University researcher has concluded, rebutting the findings of colleagues at the university. More »
New research by an Auburn University professor and other scientists suggests that the 2010 Gulf of Mexico oil spill may have affected microscopic life in ways that might not become apparent for years. More »
America’s first new nuclear plants in more than a decade are costing billions more to build and sometimes taking longer to deliver than planned, problems that could chill the industry’s hopes for a jumpstart to the nation’s new nuclear age. More »
Williams Partners LP is joining with Caiman Energy II LLC and private-equity firms EnCap Flatrock Midstream and Highstar Capital to invest $800 million in pipelines and processing facilities for oil and natural-gas production in the Utica Shale. More »
Duke Energy Corp.’s surprise CEO said Tuesday that America’s largest electric company dumped Progress Energy Inc. CEO Bill Johnson the same evening it was created in a merger because directors of the two merging corporations worried about Johnson’s authoritarian style and being forced to pump billions into a troubled Florida nuclear plant. 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.