Fuel Fix

Demonstrators march with a replica of a pipeline during a protest of Keystone XL at the White House on Sunday, Nov. 6.  (AP Photo/Evan Vucci)

House panel clears Keystone XL bill, setting up showdown

A Republican-controlled House committee easily cleared a bill Tuesday that would approve the Keystone XL oil pipeline, sending it to the House floor where Republicans will try to wrap it into other legislation.  More »
Royalties from oil production on state lands is pushing Texas' Permanent University Fund toward a record $1 billion in annual revenue. (AP Photo/Hasan Jamali)

Peak oil scare fades as shale, deep-water wells gush crude

When Daniel Lacalle, in his early 20s, took a job with Spanish oil company Repsol YPF SA in 1991, friends chided him for entering a field with no future. “They all said, ‘Why do you want to do that? Don’t you know only 20 years of oil is left in the whole world?’” he recalls.  More »
BP chief executive Bob Dudley is shown introducing an online film, "A Year of Change," about BP's response to the oil spill.

BP CEO says company would consider settlement over Gulf spill

BP Chief Executive Officer Bob Dudley said today the company may consider a settlement with the U.S. Department of Justice over the 2010 Gulf of Mexico oil spill, but the terms of the fines have to be reasonable.  More »

(Photo: Houston Chronicle file)

Energy costs have almost doubled from 2001

Energy costs for U.S. households will almost double this year from 2001, consuming a fifth of the annual income for half of American homes, according to a study by a utility group that opposes limits on coal use.  More »
A Chief Oil and Gas, LLC natural gas rig is seen in Mifflin Township, Pa. (Photo: Bloomberg News)

Senate approves proposed fee on Pa. shale drilling

The state Senate voted Tuesday to impose a fee on natural-gas drilling in Pennsylvania and expand regulations for the booming industry, a milestone in a debate that has raged in the Capitol for several years.  More »
Floyd Fried (left) and Harry Mitchell check out the $116,000, All-Electric Fisker during a visit to the San Antonio Auto Show Thursday afternoon. (Robin Jerstad / Special to the San Antonio Express News)

U.S. loan on hold, Fisker electric-car plant stalls

Fisker Automotive, a recipient of U.S. loans to develop electric cars, said it has temporarily stopped work on developing a plant in Wilmington, Del., after the Energy Department froze access to its credit line.  More »
Eugene Isenberg

Under fire, oil exec pass on $100 million severance pay

Responding to a firestorm of criticism, former Nabors Industries CEO Eugene Isenberg will give up the $100 million parting paycheck triggered by his resignation in October, the company said Monday.  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)

Americans gaining energy independence

The U.S. is the closest it has been in almost 20 years to achieving energy self-sufficiency, a goal the nation has been pursuing since the 1973 Arab oil embargo triggered a recession and led to lines at gasoline stations.  More »
The Constitution spar in the Gulf of Mexico (Anadarko)

Write-down pulls Anadarko into red

Anadarko Petroleum Corp. reported Monday a fourth-quarter net loss of $358 million as low natural gas prices triggered a one-time non-cash write-down in otherwise robust earnings.  More »
(AP file photo/Alastair Grant)

BP reports $7.7 billion in profits in fourth quarter

British oil giant BP posted a 38 percent surge in profits in the fourth quarter, as it returned to drilling in the Gulf of Mexico and completed its major shoreline cleaning obligations from the 2010 oil spill.  More »
This image provided by BP's spillcam on June 6, 2010 shows oil leaking out of the Macondo well head in the Gulf of Mexico. (AP file photo/BP)

Judge allocates time for start of oil spill trial

A federal judge has set aside nearly seven hours for opening statements in a trial over the deadly rig explosion in the Gulf of Mexico that resulted in the nation’s worst offshore oil spill.  More »
(Photo: David Paul Ohmer/Flickr)

FuelFix Newslinks |02.07.12|

Energy Department to recoup most of Beacon loan. Industry attacks draft of fracking fluids rule. And how close is America to energy independence?  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)

Total announces offshore oil work near Nigeria

French oil firm Total SA says it has begun work to boost the production of its offshore oil field near Nigeria.  More »
Stephen Harper

Canada’s Harper in China visit focused on energy

Canadian Prime Minister Stephen Harper is visiting China to discuss oil sales and other economic ties following U.S. President Barack Obama’s rejection of a pipeline carrying Canadian oil across the continental United States.  More »
A contractor closes a valve on a tanker truck at a Range Resources hydraulic fracturing operation in Pennsylvania. (AP Photo/Keith Srakocic)

Industry attacks leaked draft of fracking fluid rule

The oil-and-gas industry is attacking a leaked draft of long-awaited government rules that would require companies to disclose the chemicals they use in hydraulic fracturing on federal lands. Environmentalists, meanwhile, are offering muted praise.  More »