Texas is the first state to confirm a deal to spend settlement money from the Gulf oil spill for long-term coastal conservation, working with a private nonprofit to cut through red tape and buy 80 acres of prime habitat for endangered whooping cranes. More »
Pemex Exploracion Y Produccion (0195730D) can’t sue six U.S. energy firms including ConocoPhillips Co. (COP) as part of a lawsuit seeking more than $300 million for Mexican natural gas condensate allegedly stolen by bandits and sold in the U.S., a federal judge ruled. More »
Russian President-elect Vladimir Putin urged energy producers from the world’s biggest natural- gas exporter to “rise to the challenge” of a changing market as the U.S. increases output of shale gas. More »
Businesses ranging from wildlife consultants to titans of the oil and gas industry will gather in Binghamton for New York’s first shale gas job fair, buoyed by hopes that state regulators will lift a four-year-old ban and start permitting hydraulic fracturing this year. More »
A new Army laboratory will develop technology such as fuel cells and hybrid systems for combat vehicles as the Pentagon steps up its push for cleaner and more reliable energy, federal officials said Wednesday. More »
Rep. Jeff Landry, R-La., is asking an oil spill plaintiffs’ group to recommend payments to oilfield service companies and workers who lost business and wages because of a five-month deep-water drilling ban. More »
Gulf Coast victims of the Deepwater Horizon accident have been paid $134 million through the transition process that replaced the Gulf Coast Claims Facility, BP announced on Tuesday morning in a written statement. More »
FuelFix.com is your daily must-read source for news and analysis on the energy business. Anchored by business reporters at the Houston Chronicle and other Hearst newspapers, FuelFix incorporates blogs by energy experts, market updates, useful data and a real-time summary of the top ideas, hottest stories and latest news.