Fuel Fix

Workers assemble solar panels on the factory floor of Chinese company Suntech in the eastern city of Wuxi. (PETER PARKS / AFP)

Solar boom heads to Japan creating $9.6 billion market

Japan is poised to overtake Germany and Italy to become the world’s second-biggest market for solar power as incentives starting July 1 drive sales for equipment makers from Yingli Green Energy Holdings Co. to Kyocera Corp. (6971)  More »
A drilling rig aims for oil in the Bakken Shale near Watford City, N.D. (AP Photo/James MacPherson)

ND’s railed oil capacity jumps 55 percent in June

North Dakota’ s capacity to export crude oil by rail has jumped about 55 percent in June.  More »
A fire erupted on a drilling rig at Chevron's Funiwa 1A well off the coast of Nigeria on June 16.  (Source: Chevron)

Chevron abandons problematic Nigerian well

Chevron Corp. has sealed and abandoned a well off the coast of Nigeria that burned for weeks after an apparent failure of surface equipment in January, the company announced today.  More »
The Valero Three Rivers Refinery in Three Rivers, Texas between San Antonio and Corpus Christi refines a lot of oil from the Eagle Ford shale. (Photo: John Davenport, San Antonio Express-News)

Gulf Coast refiners will stop light, sweet crude imports

Valero CEO Bill Klese said surging crude production will eliminate the need for light, sweet crude imports by the end of 2013.  More »
Fire boat response crews spray water on the blazing remnants of the Deepwater Horizon offshore oil rig. (AP Photo/US Coast Guard, File)

Transocean asks judge to release federal documents on Deepwater Horizon

Transocean has asked a New Orleans federal court to make public 21 documents regarding the Deepwater Horizon disaster, arguing that its claim of a confidentiality privilege are invalid, according to a recent filing.  More »
An Iranian oil worker repairs a pipe at an oil refinery in Tehran, Iran. The latest U.S. sanctions to be imposed on Iran have not only unveiled the depth of the country's economic woes, but exposed new fault lines within the government just two months before parliamentary elections that should bolster the control of the ruling clerics. (AP Photo/Vahid Salemi, File)

Iran seeks ‘ sanctions relief’ at nuclear talks

Iran became more adamant Monday that the world must ease the sanctions choking off its oil sales before it will curb activities that could be used to make nuclear arms, diplomats said. But with six world powers insisting that Tehran take the first conciliatory step, fears grew that talks in Moscow would fail.  More »
KBR Tower in downtown Houston (AP file photo/Pat Sullivan)

KBR selling East End empire

A rare parcel of 136 acres less than a mile from downtown has come to market.  More »
(Photo: Bill McDavid, Hall & Hall)

Energy, real estate investor buys $20 million Calif. property

A Texas businessman snagged a prime piece of California real estate for a cool $20 million.  More »
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Tiger Oil boss famous for grumpy memos settles suit over oil investment

Edward “Tiger” Mike Davis made national headlines for his emails in the 1970s about his staff, but the former owner of Tiger Oil Company is back in the news again.  More »
Oil pumps work at sunset Monday, Jan. 2, 2012, in the desert oil fields of Sakhir, Bahrain, in the Persian Gulf. (AP Photo/Hasan Jamali)

Iran OPEC Governor Khatibi says markets don’t need extra oil

Oil markets don’t need production above the OPEC-approved ceiling and overproducing countries should cut their output, the Iranian Oil Ministry’s news website Shana said, citing Mohammad Ali Khatibi, Iran’s governor to the Organization of Petroleum Exporting Countries.  More »
Beach-goers walk on the sand near the San Onofre nuclear power plant in San Clemente , Calif.  (AP Photo, Lenny Ignelzi, File)

Feds: Design led to nuke plant woes

After months of investigation, federal regulators have determined that design flaws appear to be the cause of excessive wear in tubing that carries radioactive water through California’s troubled San Onofre nuclear power plant, a top federal regulator said.  More »

Texas oil, gas producers on the cusp of a slowdown?

Texas oil and gas producers could begin to curtail the drilling in the Lone Star State as falling crude oil prices are feeding anxiety over another economic slowdown, according to a new Texas Alliance of Energy Producers report.  More »