Fuel Fix

In this Aug. 4, 2015 file photo, Gov. Mary Fallin talks with the media after meeting with members of the Coordinating Council on Seismic Activity in Oklahoma City. With both the number and power of earthquakes increasing in Oklahoma, the Republican-controlled Legislature may be ready to take steps aimed at curbing the quakes scientists have linked to the underground disposal of oil and gas wastewater. (AP Photo/Sue Ogrocki, File)

Uptick in quakes could prompt action from Oklahoma lawmakers

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Categories: featured, General
According to the U.S. Geological Survey, Oklahoma this year has already had more than 90 earthquakes of magnitude 3.0 or greater, which is generally when most people start to feel them.

Uptick in quakes could prompt action from Oklahoma lawmakers

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Categories: featured, General
In this Aug. 4, 2015 file photo, Gov. Mary Fallin talks with the media after meeting with members of the Coordinating Council on Seismic Activity in Oklahoma City. With both the number and power of earthquakes increasing in Oklahoma, the Republican-controlled Legislature may be ready to take steps aimed at curbing the quakes scientists have linked to the underground disposal of oil and gas wastewater. (AP Photo/Sue Ogrocki, File)
According to the U.S. Geological Survey, Oklahoma this year has already had more than 90 earthquakes of magnitude 3.0 or greater, which is generally when most people start to feel them.
Motorists refuel at a Mobil gas station in Pittsfield, Mass., where regular gasoline is for sale at $1.99 per gallon, Tuesday Sept. 29, 2015. (Ben Garver/The Berkshire Eagle via AP) BERKSHIRE COURIER OUT, GREAT BARRINGTON RECORD OUT, RURAL INTELLIGENCER OUT, BERKSHIRES OUT; MANDATORY CREDIT

Obama: Cheap gasoline prices drove oil tax decision

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The proposal faces an uphill battle in the Republican-led Congress, which has repeatedly pushed back against the president’s climate change initiatives.
Categories: Crude oil, featured, Gasoline

(AP Photo/Ed Andrieski)

Congressman files lawsuit over fracking

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A Colorado congressman is suing a drilling company to prevent them from using hydraulic fracturing on land near his property.
Supporters of a successful effort in 2012 to renationalize Argentina's largest oil company, YPF, wave flags. (AP Photo/Natacha Pisarenko)

Repsol seeks to block Chevron deal with YPF

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Repsol SA (REP) is asking a World Bank panel to help prevent Argentina’s YPF SA from developing assets seized from the Spanish oil producer after Chevron Corp. agreed to invest $1.24 billion in a shale venture in the country.
Categories: Latin America, Shale
(Image: Fotolia)

Denbury pays big fine for 2011 oil well blowout

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Denbury Resources’ oil fields have seen a series of uncontrolled carbon dioxide blowouts and one of the biggest resulted in Denbury agreeing to pay a large fine to the Mississippi Department of Environmental Quality.
(Jennifer A. Dlouhy/The Houston Chronicle)

Proposal addresses pollution at Navajo coal plant

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The U.S. Environmental Protection Agency wants haze-causing nitrogen oxide emissions reduced by 84 percent at a coal-fired power plant on the Navajo Nation.
Categories: Coal, Environment
Total headquarters outside Paris. (AP file photo/Jacques Brinon)

Total earnings slip on lower oil, gas prices

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French oil company Total SA said its core earnings slid 3 percent in the second quarter as lower crude and gas prices offset slightly higher production.
Categories: Europe, Finance/Earnings
(AP file photo/Reed Saxon)

Occidental to construct propane export facility in Texas

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Occidental Petroleum Corp. plans to construct a propane export facility in Ingleside, Texas, the company announced Thursday.
Categories: Chemicals, Markets
(Eddie Seal/Bloomberg)

Halliburton to plead guilty to destroying evidence in Gulf spill case

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The Justice Department said Thursday that oil field services firm Halliburton has agreed to plead guilty to destroying evidence after the 2010 Gulf of Mexico oil spill.
(James Nielsen/Houston Chronicle)

Halliburton also contacted in antitrust probe of fracturing

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The company gave no details about the information requested by the government.

BP CEO Bob Dudley speaks at an energy conference in Houston. (Johnny Hanson/Houston Chronicle)

New BP ad suggests it’s the victim in the oil spill fallout

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BP published a new advertisement Thursday in The New York Times and Wall Street Journal suggesting it’s a victim of trial lawyers seeking a big windfall
Categories: Gulf oil spill
In this Thursday, July 25, 2013 photo released by the Tampa Bay Police, Tampa firefighters work on a derailed train, in Tampa, Fla. Firefighters in Florida are using foam to clean up ethanol that leaked from a CSX train that derailed at the Port of Tampa. Tampa Fire Rescue officials say 15 rail cars derailed early Thursday. (AP Photo/Tampa Bay Police)

Train derails at Port of Tampa, spilling ethanol

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Firefighters in Florida are working with CSX Transportation officials to upright 10 toppled train cars that derailed at the Port of Tampa.
Categories: Accidents, Biofuels
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Pump price nearly flat for the week, but up from ’12

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A gallon of regular gasoline in Houston averaged $3.54 Thursday.
Categories: Gasoline
The Cameron International Building in Houston (Photo: Holliday Fenoglio Fowler)

Cameron profits drop due to rising costs

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Offshore equipment provider Cameron reported a 20 percent decrease in profits, as increased drilling system sales were offset by growing costs and a slowdown in unconventional onshore equipment.