Fuel Fix

A drilling rig in Pavillion, Wyo., used to drill a deep water well for testing. (Photo: EPA).

Wyo. got EPA to delay frack finding

Wyoming’s governor persuaded the head of the U.S. Environmental Protection Agency to postpone an announcement linking hydraulic fracturing to groundwater contamination, giving state officials — whom the EPA had privately briefed on the study — time to attempt to debunk the finding before it rocked the oil and gas industry more than a month later, an investigation by The Associated Press has found.  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)

Feds set new rules for hydraulic fracturing

The Obama administration unveiled a proposed rule that would force companies to reveal the chemicals they use when drilling for oil and natural gas on public lands. But the long-anticipated regulation includes a major concession to oil and gas companies, by allowing those disclosures to happen after a well is drilled and the chemicals are pumped underground — not a month beforehand, as federal regulators had originally considered.  More »
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)

US: TransCanada reapplies for oil pipeline

The Canadian company that wants to build the disputed Keystone XL pipeline in the U.S. submitted a new application for the project Friday after changing the route to avoid environmentally sensitive land in Nebraska.  More »
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People fill the tanks of their vehicules at an YPF station in Buenos Aires, Argentina,  Thursday, April 12, 2012. Spanish Industry Minister Jose Manuel Soria  has warned that the government will interpret any "hostile gestures" against Spanish companies abroad as an act of aggression, in an apparent reference to a conflict with Argentina over an oil company controlled by Spain's Repsol. YPF,  which is 57 per cent owned by Repsol,  has rejected Argentine government pressure to plough some of its profits back into the South American country.(AP Photo/Natacha Pisarenko)

Argentine Congress easily approves YPF takeover

Argentina’s takeover of its formerly state-owned energy company from Spanish shareholders won easy approval from legislators Thursday night.  More »
Workers assemble solar panels on the factory floor of Chinese company Suntech in the eastern city of Wuxi. (PETER PARKS / AFP)

First Solar restructuring leads to loss of $449M

A shakeout that is rattling the solar panel industry has sent First Solar, once among the industry’s biggest and strongest companies, to a big quarterly loss.  More »
This October 2008 photo shows the Fukushima No. 1  power plant of Tokyo Electric Power Co. in Okuma, Japan. The country issued a state of emergency at the nuclear power plant after its cooling system failed. (AP Photo/Kyodo News)

As Japan shuts down nuclear power, emissions rise

The Fukushima crisis is eroding years of Japanese efforts to reduce greenhouse gas emissions blamed for global warming, as power plants running on oil and natural gas fill the electricity gap left by now-shuttered nuclear reactors.  More »
20120503_WellCap_SNP_02

BP system to cap out-of-control wells by air

Sitting at a construction yard along Houston’s Ship Channel is a 35-foot-tall, 100-ton hunk of steel that its owners hope never to use.  More »
Fire crews sprayed water on the blazing remnants of BP's Deepwater Horizon offshore oil rig. (AP file)

BP Gulf spill judge orders Jan. 14 trial on U.S. claims

The judge presiding over the BP Plc litigation tied to the 2010 Gulf of Mexico oil spill set a Jan. 14 trial date to determine fault for the sinking of the Deepwater Horizon drilling rig and resulting undersea leak.  More »
A woman fills up her SUV at a California gas station. (Photo: FREDERIC J. BROWN/AFP/Getty Images)

Valero CEO says gas prices likely have peaked

The Eagle Ford shale formation will put out 500,000 barrels of crude oil a day by the end of the year, Valero Energy Corp. (VLO) Chief Executive Officer Bill Klesse said after the company’s annual meeting in San Antonio.  More »
Aubrey McClendon, co-founder of Chesapeake Energy Corp., is pictured during an interview in Oklahoma City, Tuesday, Nov. 8, 2005. (AP Photo)

McClendon used Wachovia in personal sale after Chesapeake

Chesapeake Energy Corp. (CHK) Chief Executive Officer Aubrey McClendon agreed to sell $88 million of his personal oil and gas interests to investment vehicles created by Wachovia Corp. three weeks after his company used the bank in a similar $600 million deal, a court filing shows.  More »
A contractor closes a valve on a tanker truck at a Range Resources hydraulic fracturing operation in Pennsylvania. (AP Photo/Keith Srakocic)

Fracking fluids may migrate to aquifers, researcher says

Chemically treated drilling fluid can migrate through thousands of feet of rock and endanger water supplies, said a hydrologist whose research calls into question the safety of hydraulic fracturing for natural gas.  More »
(Brett Coomer/Houston Chronicle)

Steffy: Energy industry thin skinned

The Offshore Technology Conference is like a big choir with a rotating roster of preachers. Few sour notes are heard.  More »