Fuel Fix

Mohammad Rezaie changes the gas prices at his Union 76 gas station in Oakland, Calif., Friday, Nov. 11, 2011.  The price of oil is flirting with $100 per barrel for the first time since the summer, as fears fade that Europe's debt crisis will spread and trigger another recession. (AP Photo/Paul Sakuma)

Gasoline price on the rise again in Houston

Another week and it’s another rise at the pump.  More »
A large sign is seen in the front Sunoco'S Eagle Point refinery in National Park, N.J. (AP Photo/Mel Evans)

Pennsylvania lawmakers vow to fight closing of refineries

Pennsylvania lawmakers joined members of the United Steelworkers union at a rally today in Washington to oppose the planned closing of three refineries in the state.  More »
The Travis Tower, or 1300 Main, in downtown Houston was purchased by Dallas-based Energy Transfer Partners in August 2011. (Image: Boxer Property)

Energy Transfer profit falls on Texas pipelines, propane

Energy Transfer Partners LP (ETP), whose parent is buying Southern Union Co. (SUG) for $5.4 billion, said fourth-quarter profit dropped 28 percent because of lower earnings at its propane unit and natural-gas pipelines in Texas.  More »
Find a Better Job with
Job Seekers
Powered by Monster ®
The Ensco 8501 semi-submersible rig in the Gulf of Mexico (Jennifer A. Dlouhy/Houston Chronicle)

U.S. offshore drilling faces new rules this year

The U.S. Interior Department plans to issue additional rules on the safety of offshore drilling, Secretary Ken Salazar said.  More »
Workers in protective suits and masks wait to enter the emergency operation center at the crippled Fukushima Dai-ichi nuclear power station in Okuma, Japan in 2011. (AP Photo/David Guttenfelder, Pool)

Nuclear safety chief says lax rules led to Fukushima crisis

Japan’s atomic safety rules are inferior to global standards and left the country unprepared for the Fukushima nuclear disaster last March, the country’s top nuclear regulator told a parliamentary investigation.  More »
(AP file photo/Alastair Grant)

Reliance Industries, BP win India’s approval for gas discovery

Reliance Industries Ltd. (RIL) and partner BP Plc (BP/) have won approval from India’s government to prepare a plan for developing a natural gas discovery in the Bay of Bengal, two people with direct knowledge of the matter said.  More »
The Cushing, Okla. pipeline hub.

Enbridge finds small oil pipeline leak in Michigan

A company responsible for a 2010 pipeline rupture that spilled more than 800,000 gallons of oil in southern Michigan says it has discovered a small leak in an oil pipeline in the northern Lower Peninsula.  More »
Republican presidential candidate, former Pennsylvania Sen. Rick Santorum arrives for a tour of an oil well site in Tioga, N.D., Wednesday, Feb. 15, 2012.  (AP Photo/Will Kincaid)

Santorum searches for own gusher in oil country

Presidential hopeful Rick Santorum has been spending plenty of time in oil country lately, prospecting for GOP votes — and money.  More »
Bill Gates

Bill Gates presses SEC to issue strict oil, mining disclosure rules

Microsoft founder Bill Gates has come to the defense of proposed rules that would require certain oil, gas and mining companies to disclose what they pay to nations whose resources they develop, in the face of strong lobbying against the rules from the oil-and-gas industry.  More »
(Photo: Fotolia)

Oil hovers below $102 as Iran tensions bubble

Oil hovered below $102 a barrel Thursday in Asia amid conflicting reports about whether Iran is cutting crude exports to Europe.  More »
Speaker of the House John Boehner, R-Ohio, speaks to reporters at the Capitol in Washington. (AP Photo/J. Scott Applewhite)

Boehner: Vote on highway-energy bill may not come before recess

House Speaker John Boehner, R-Ohio, said Wednesday his chamber may not finish considering Republicans’ energy-infrastructure bill until after the President’s Day recess, amid growing criticism of various aspects of the legislation.  More »
(Image: Fotolia)

Oil prices climb as Iran stops some Europe exports

Stopping Iranian shipments means European refineries will have to find new sources of oil sooner than they expected.  More »