Fuel Fix

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Eni reports 2nd ‘giant’ Mozambique gas find

Eni SpA (ENI), Italy’s largest oil company, reported a second “giant” natural-gas discovery off Mozambique, near the Mamba South find that it made last year.  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)

Fukushima nuclear reactors need reinforcing, study says

Areas around the Fukushima Dai-Ichi nuclear plant appear more prone to large temblors since last year’s magnitude 9 quake, according to a peer-reviewed geological study that recommends reinforcing the reactors.  More »
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)

Republicans take Solyndra message to Obama

If you want a window into how outside Republican groups are likely to assail President Barack Obama’s record this year, look no further than how the GOP is lambasting the administration’s handling of solar company Solyndra.  More »
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Money Roll

Eni 4Q results hit by refining losses

Losses from Eni’s gas and refining business contributed to a 10 percent drop in fourth-quarter profits, the company reported Wednesday.  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)

Analysis: US bid to crimp Iran oil sales stumbles

American attempts to get major Asian importers of Iranian oil to rein in their purchases are faltering as allies South Korea and Japan give U.S. officials a polite brushoff. Emerging giants India and China may even increase their purchases, further stymieing Washington’s efforts to force Iran to curtail its nuclear program.  More »
Senate Republican leader Mitch McConnell of Kentucky speaks with reporters following a weekly Republican policy luncheon, at the Capitol.   (AP Photo/J. Scott Applewhite)

Senate GOP seeks vote on Keystone amendment to highway bill

Senate Republican Leader Mitch McConnell indicated Tuesday that Republicans would push for a vote on a transportation bill amendment that would approve the Keystone XL pipeline.  More »
President Barack Obama (AP file)

Citing Keystone, drilling, Obama threatens highway bill veto

President Obama on Tuesday threatened to veto House Republican legislation that would reauthorize surface-transportation programs in part because the bill contains controversial energy-related provisions such as one that approves the Keystone XL pipeline.  More »
An oil pump jack in motion. (AP Photo/Hasan Jamali)

Oil stays above $100 a barrel

Natural gas futures surged by 10 cents to finish at $2.53 per 1,000 cubic feet. Analysts say investors are betting that prices have dropped about as far as they’ll go, and they’ll eventually rebound.  More »
Interior Secretary Kenneth Salazar appears during a news conference in Boston for the Cape Wind offshore project in 2011. (Charles Krupa/AP file photo)

Salazar says fracking rules coming in ‘a few weeks’

Interior Secretary Ken Salazar said his department would formally unveil its highly anticipated rules for hydraulic fracturing on federal lands in just “a few weeks.”  More »
Fire boat response crews battle the blazing remnants of the Deepwater Horizon rig in the Gulf of Mexico in April 2010.  (Photo: HO/AFP/Getty Images)

Transocean, federal safety board battle over spill subpoenas

U.S. District Judge Lee Rosenthal set an April 11 hearing on a dispute between the U.S. Chemical Safety and Hazard Investigation Board and Transocean over whether the board has jurisdiction to subpoena documents related to the Deepwater Horizon disaster.  More »
(Photo: Flickr, Caston_Corporate)

CVR Energy should put itself up for sale

CVR Energy Inc., the oil-refining company that was taken public in 2007 by Goldman Sachs Group Inc., should put itself up for sale to gain benfits from higher gasoline prices, billionaire investor Carl Icahn said.  More »
The existing Keystone oil pipeline is constructed in North Dakota.   (Photo courtesy of TransCanada)

TransCanada hopes for 2015 Keystone startup date

TransCanada has pushed back the possible startup date of a controversial pipeline that would carry Canadian oil to refineries in Texas.  More »