Fuel Fix

President Obama, center, is given a tour of Solyndra by Executive Vice President Ben Bierman, right, as Chief Executive Officer Chris Gronet, left, walks along at Solyndra Inc. in Fremont, Calif. FBI spokesman Peter Lee says agents executed multiple search warrants on Thursday morning as part of an investigation with the Department of Energy's Office of Inspector General. (AP Photo/Paul Chinn, Pool, File)

White House agreement on Solyndra testimony averts subpoenas

The White House agreed to let four officials speak with congressional investigators about Solyndra LLC’s $535 million U.S. loan guarantee, averting a Republican attempt to compel their testimony by subpoena.  More »
Nesting pelicans are seen landing as oil washes ashore at an island near Louisiana in May 2010. (AP Photo/Gerald Herbert)

House OKs directing most BP spill fines to Gulf restoration

The House of Representatives on Thursday amended an energy-transportation bill to include language setting aside 80 percent of Clean Water Act fines from the 2010 Gulf of Mexico oil spill for restoration efforts.  More »
(Photo: Fotolia)

Oil trades near six-week high

Oil rose for a third day as signs of an improving U.S. economy and progress on a bailout for Greece bolstered the outlook for fuel demand.  More »
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Demonstrators march with a replica of a pipeline during a protest of Keystone XL at the White House on Sunday, Nov. 6.  (AP Photo/Evan Vucci)

House passes bill that expands drilling, approves Keystone XL

The House of Representatives on Thursday passed a bill that would expand oil-and-gas production into new areas and approve the Keystone XL pipeline. But President Obama has threatened to veto the bill, and it stands little chance of passing the Democratic-held Senate.  More »
A Texas power plant operates natural gas and coal-fired units. (AP Photo)

GOP, industry target EPA toxic-pollution rule

A top Republican is mounting a push to strike down the Environmental Protection Agency’s new mercury and air-toxics standards for power plants.  More »
Welding crews lay pipelines in Texas to move oil and gas extracted from the Eagle Ford Shale to market. (John Davenport/San Antonio Express-News)

Energy Transfer expands Gulf Coast projects on Eagle Ford boom

The Dallas-based pipeline company is adding gas processing facilities and expanding a pipeline to handle the growing flow of natural gas liquids out of the Eagle Ford Shale and Permian Basin.  More »
Wholesale Prices

Oil continues its rise, threatening U.S. growth

West Texas Intermediate oil is up 21 percent from a year ago.  More »
A contractor closes a valve on a tanker truck at a Range Resources hydraulic fracturing operation in Pennsylvania. (AP Photo/Keith Srakocic)

Fracturing ‘has no direct’ link to water pollution, UT study finds

The study, conducted by the Energy Institute at the University of Texas at Austin, found that many problems attributed to hydraulic fracturing “are related to processes common to all oil and gas drilling operations.”  More »
Eugene Isenberg

Nabors’ charity effort pales against executive pay

When Nabors Industries’ overpaid chairman, Eugene Isenberg, agreed last week to give up his $100 million severance, the word “charity” came up a lot. Isenberg himself said he hoped that the company used “a substantial portion of these savings for worthy charitable purposes.”  More »
(Photo: Flickr, Caston_Corporate)

Icahn offers to CVR for at least $2.6 billion

Carl Icahn offered to pay $30 a share in cash for CVR Energy Inc. and give stockholders the right to collect an additional $7 a share if any other bidder tries to buy the oil-refining company.  More »
Ken Salazar

Industry groups take aim at Salazar’s fracking suggestion

Oil and gas industry groups took issue with Interior Secretary Ken Salazar’s suggestion yesterday that companies would prefer a uniform national approach instead of a state-by-state approach when it comes to regulating various aspects of hydraulic fracturing.  More »
Pegasus, the winged red horse icon of Exxon-Mobil, is seen on a gas pump in Ferndale, Mich. (Photo: Carlos Osorio, Associated Press)

Venezuela pays Exxon $250 million to settle case

Petroleos de Venezuela SA, the state oil company, said it paid Exxon Mobil Corp. $250.9 million for assets seized in the country in 2007.  More »