Fuel Fix

The Noble Explorer drilled offshore in Alaska for Shell in 2012, and Shell's CEO says the company may try to return to the icy waters next summer. (Photo courtesy of Shell Oil Co.)

Feds finalizing 5-year drilling plan with heavy Gulf focus

The Obama administration this week will finalize a plan for selling offshore drilling leases over the next five years that focuses on the Gulf of Mexico but still would allow three auctions of Arctic areas.  More »
The Keystone XL pipeline was planned to be built near the sandhills in north central Nebraska, shown here. (AP Photo/Nati Harnik)

U.S. grants TransCanada permit for portion of Keystone XL pipeline

The Obama administration has granted construction permits for the lower half of the Keystone XL pipeline through Texas, officials told The New York Times on Tuesday.  More »
One of EnCana's SAGD oilsands operations located near Christina Lake.

Chesapeake loses $1.4 billion in value since Friday

Shares in Chesapeake Energy Corp. continued their fall today, a day after a report that the embattled natural gas producer was colluding with a rival to depress land prices.  More »
A shopper chooses packs of octopus caught in the water off Fukushima at a supermarket in Soma, Fukushima Prefecture, northeastern Japan, Monday, June 25, 2012. (AP Photo/Kyodo News)

Japan sells first fish caught since nuclear crisis

The first seafood caught off Japan’s Fukushima coastline since last year’s nuclear disaster went on sale Monday, but the offerings were limited to octopus and marine snails because of persisting fears about radiation.  More »
(Photo: Mobility, Flickr)

Federal court upholds EPA’s greenhouse gas rules

A federal appeals court is upholding the first federal regulations to reduce the gases blamed for global warming.  More »

Internal combustion engine may see a makeover

The internal combustion is still king of the roadways, but some manufacturers are looking into ways to maximize the efficiency of the engine.  More »
(Photo: Houston Chronicle file)

Philadelphia hopes peer pressure could prompt energy changes

The Philadelphia City Council is hoping companies can learn energy conservation from each other by require owners of large commercial buildings to record their yearly water and energy usage.  More »
Jess Burrow, left, and James Patterson, look over the damage caused outside the home of Joe and Mary Reneau when their chimney was toppled by Saturday's earthquake, in Sparks, Okla. (AP Photo/Sue Ogrocki)

North Texas has another minor earthquake

The U.S. Geological Survey says a 2.6 magnitude quake happened around 4 a.m. Tuesday in North Texas.  More »
The Motiva refinery in Port Arthur, Texas.

New Motiva crude unit faces months-long repair

Weeks after a ceremony marking a $10 billion expansion, Motiva has shut down a major new unit of its Port Arthur refinery and authorities are investigating a chemical leak and small fires that have tarnished the project’s startup.  More »
Chesapeake Energy-board.JPEG-0bdd2

Chesapeake shares drop after report of land talks

Chesapeake Energy Corp.’s already-battered stock dropped more than 8 percent Monday after a published report suggested the natural gas giant colluded with a Canadian company to depress land prices.  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)

Encana starts probe after Chesapeake e-mails report

Encana Corp. (ECA), Canada’s biggest natural gas producer by volume, is investigating a news report of e-mails between it and Chesapeake Energy Corp. (CHK) regarding land-lease bidding in Michigan.  More »
Money Roll

KKR raises $4 billion for deals in infrastructure, energy

KKR & Co. (KKR), the private-equity firm run by Henry Kravis and George Roberts, has gathered about $4 billion to invest in infrastructure and energy deals as the firm looks beyond corporate takeovers.  More »