Fuel Fix

U.S. Coast Guard image showing the Royal Dutch Shell drilling rig Kulluk aground off a small island near Kodiak Island on Jan. 2, 2013. (AP Photo/U.S. Coast Guard)

Feds rap Shell for poor planning in botched tow of 2012 Arctic drilling rig

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The NTSB report comes at a pivotal time for Shell, which has asked federal regulators for permission to resume exploratory oil drilling in the Chukchi Sea as soon as July.

Feds rap Shell for poor planning in botched tow of 2012 Arctic drilling rig

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U.S. Coast Guard image showing the Royal Dutch Shell drilling rig Kulluk aground off a small island near Kodiak Island on Jan. 2, 2013. (AP Photo/U.S. Coast Guard)
The NTSB report comes at a pivotal time for Shell, which has asked federal regulators for permission to resume exploratory oil drilling in the Chukchi Sea as soon as July.
An oil tanker docks at a Chevron oil refinery in the San Francisco Bay. (Kimberly White/Bloomberg News)

The tanker market is sending a big warning to oil bulls

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A record cut to the number of active U.S. drilling rigs and billions of dollars of spending reductions by companies since last year’s price plunge has yet to translate into a slump in barrels produced.

(AP file photo)

Future grows dimmer for classic light bulb

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Light bulbs are changing. Federal rules taking effect Jan. 1 ban the manufacture of incandescent bulbs using 40 watts of power or more, the third phase of energy efficiency legislation passed in 2007.
Categories: Electricity, Premium
Iowa Gov. Terry Branstad, a Republican, talks to reporters on the sidelines of a Dec. 5 Environmental Protection Agency hearing on the renewable fuel standard. (Jennifer A. Dlouhy / Houston Chronicle)

Iowa governor accuses Obama of ‘caving to Big Oil’

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Iowa Gov. Terry Branstad on Thursday delivered a blistering attack on the Obama administration’s plan to slash government mandates for renewable fuel, accusing the White House of caving to Big Oil and turning its back on rural America.

(StockMonkeys.com)

Wunderlich Securities to boost energy coverage, banking

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The Tennessee broker dealer is planning to boost its analyst coverage of energy companies and its investment banking business in Houston.
Categories: Deals, Finance/Earnings
(AP Photo/David Zalubowski, File)

Oil group sues Colorado cities over fracking bans

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The Colorado Oil & Gas Association sued the cities of Fort Collins and Lafayette claiming their voter-enacted bans on the extraction of oil and natural gas are preempted by state laws regulating those resources.
(AP Photo/Mark Lennihan, File)

SolarCity to back up solar with Tesla batteries

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The solar panel installer SolarCity is beginning to address one of solar power’s big drawbacks: The sun doesn’t always shine.
Categories: Solar
President Barack Obama . (AP Photo/ Evan Vucci)

Obama sets high target for federal clean energy use

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Saying the government should lead by example, President Barack Obama is ordering the federal government to nearly triple its use of renewable sources for electricity by 2020.
Categories: Solar, Wind
A handful of corn is shown before it is processed at the Tall Corn Ethanol plant in Coon Rapids, Iowa. (AP file photo/Charlie Neibergall)

Feds to get earful on renewable fuels

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A summit Thursday on the nation’s renewable fuels policy is set to draw a crush of farmers, politicians, engineers and oil industry lobbyists all eager to criticize an Obama administration plan to slash federal biofuels quotas.