Fuel Fix

MOTIVA053112_18

Motiva celebrates completion of big refinery expansion in Port Arthur

Motiva, a joint venture of Saudi Aramco and Royal Dutch Shell, celebrated a $10 billion expansion of its Port Arthur refinery that doubled its capacity and makes it the largest U.S. refinery.  More »
Gas prices are displayed at a Hess station in Hoboken, N.J. The price of oil has declined to its low for the year on continued doubts about Europe's ability to pay off massive government debts. Benchmark U.S. crude lost $1.57 to $94.56 per barrel in New York. It dipped to $93.65 per barrel earlier Monday, May 14, the lowest since mid-December. (AP Photo/CX Matiash)

Oil drops on disappointing U.S. economic data

The government reported U.S. oil supplies grew more than expected last week.  More »
(Photo: Fotolia)

UN study foresees job gains with greener policies

Some 15 million to 60 million jobs could be created worldwide over the next two decades if nations took better care of the planet, according to a U.N. study released Thursday ahead of an international summit on sustainable development.  More »
The corporate logo at Apache Corp. headquarters in Houston. (AP file photo/Pat Sullivan)

Apache shareholders back annual board elections

Apache Corp.’s shareholders overwhelmingly supported a proposal calling for annual election of directors that the company’s management fought to keep off the agenda at last week’s annual meeting.  More »
(AP Photo/Lynne Sladky)

Chevron sued in Canada by Ecuadorans over pollution

Ecuadorans who have waged a bitter legal battle against Chevron over pollution in the Amazon rain forest sued the company in Canada Wednesday in an attempt to seize $18 billion of the oil giant’s assets, after Chevron refused to pay a verdict against it in their homeland.  More »
BPsign

BP’s Wash. refinery back to work after Feb. fire

A BP refinery in Washington state that shut down after a February fire has resumed normal operations.  More »
Gas prices are expected to hold steady in Texas over the holiday weekend. (AP Photo/Alex Brandon)

Americans gripe about gasoline prices as summer driving begins

How do you feel about gasoline prices?  More »
Iraqi workers are seen at the Rumaila oil refinery, near the city of Basra, 340 miles southeast of Baghdad. (AP photo: Nabil al-Jourani)

Only 3 of 12 lots sold in Iraqi energy auction

Iraq’s government signed deals for only three of 12 oil and natural gas exploration sites offered in a two-day energy auction that ended Thursday, reflecting reluctance of foreign bidders to risk money in unexplored areas.  More »
(Photo: Flickr/Andres Rueda)

Dry holes illustrate deep-water drilling gamble

Two headline-grabbing oil prospecting failures in a week’s span offer a fresh reminder of the high-stakes gamble that is offshore drilling.  More »
TNK-BP headquarters in Moscow (AP file photo/Misha Japaridze)

Steffy: For BP, it’s from Russia, with heartache

The TNK-BP venture is symbolic of both BP’s ambitions and its persistent difficulty in executing those ambitions.  More »
(Photo: Chris Keane)

Warming gas levels hit ‘troubling milestone’

The world’s air has reached what scientists call a troubling new milestone for carbon dioxide, the main global warming pollutant.  More »
Dust permeates the air at a Chesapeake Energy Co. hydraulic fracturing operation at a well site near Carrizo Springs, Texas. (John Davenport/San Antonio Express News)

Chesapeake Energy investors must wait on bid to delay meeting

Chesapeake Energy Corp. (CHK) investors must wait until June 5 to have a judge consider requests to delay the company’s annual meeting so shareholders can gather more information on Chief Executive Officer Aubrey McClendon’s financial dealings, according to court filings.  More »