Fuel Fix

An official at Saudi Aramco watches progress at a rig at the al-Howta oil field in Saudi Arabia in 1997. (AP file photo/John Moore)

Saudi Arabia won’t cut oil output this summer

Saudi Arabia won’t reduce oil production in the coming three months even if oil prices continue to drop, Asharq al-Awsat newspaper reported, citing unidentified people aware of the country’s output plans.  More »
Shareholders have criticized Chesapeake’s board for failing to rein in what they’ve seen as Chief Executive Officer Aubrey McClendon’s risk-taking and overspending at the company. (F. Carter Smith/Bloomberg )

Steffy: The new Chesapeake chairman’s résumé

Will Archie Dunham bring a sense of Pride to Chesapeake Energy Corp.’s board?  More »
(Steve Hockstein/Bloomberg)

Coal-plant plunge threatens billions in pollution spend

The coal-fired power industry in the U.S. is facing the biggest plunge in asset values in a decade, risking billions of dollars in pollution-control spending by utilities such as Exelon Corp. (EXC) and American Electric Power Co.  More »
Logos are seen illuminated above the Porsche AG plant in Stuttgart. Guenter Schiffmann/Bloomberg

Porsche looks at energy to ready for post-911 role

Porsche SE, the holding company controlling a majority stake in Volkswagen AG (VOW) after a botched takeover attempt four years ago, will probably soon be investing more in energy than in sports cars.  More »
Delta Airlines Refinery.JPEG-02d05

Refinery workers to return to job after Delta deal

Some of the workers who lost their jobs at a suburban Philadelphia refinery last year are going back to work after Delta Air Lines completed a deal to reopen the facility and make its own jet fuel.  More »
(Image: Fotolia)

Tropic Storm Debby shuts in oil and gas production

Offshore oil and natural gas operators in the Gulf of Mexico continued evacauting people from facilities and shutting down production Sunday.  More »

Shell gears up to tap into Arctic crude again

A new chapter in U.S. oil exploration could open within days as Shell sails into seas north of Alaska  More »

See the top 100 richest companies in Houston

See what companies in Houston rank among the richest by market value.  More »
(Image: Fotolia)

Companies begin Gulf evacuations

Energy companies began evacuating workers from offshore facilities.  More »
(Photo: Julien Tromeur, Flickr)

European stimulus pushes oil higher

Benchmark U.S. crude finished at $79.76 per barrel. Crude is still down more than 5 percent for the week, however.  More »
(Photo by Joe Raedle/Getty Images)

Gas prices dip below $3 at some Houston stations

Gasoline prices have dipped below $3 at some stations in Houston and broader drops are expected as oil prices have fallen in recent weeks.  More »
A contractor closes a valve on a tanker truck at a Range Resources hydraulic fracturing operation in Pennsylvania. (AP Photo/Keith Srakocic)

Gas drillers get more time to comment on U.S. fracking rules

The Obama administration gave U.S. natural-gas producers more time to comment on draft standards for disclosing chemicals used in hydraulic fracturing, rules an industry group has said are unnecessary.  More »