Fuel Fix

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)

Doctors urge fracking moratorium

The U.S. should declare a moratorium on hydraulic fracturing for natural gas in populated areas until the health effects are better understood, doctors said at a conference on the drilling process.  More »
(AP file photo/Alastair Grant)

BP blasted by Norway’s regulator over offshore fire

Norway’s offshore safety regulator, investigating a fire last summer on BP’s Valhall platform, found “serious breaches” of regulations and ordered the oil company to overhaul is safety practices by Feb. 1. The fire, on July 13, stemmed from an overheated crane engine that caused a fire in the vent stack of the platform’s compressors, Dow Jones Newswires reported.  More »
The Ensco 8501 semi-submersible rig in the Gulf of Mexico (Jennifer A. Dlouhy/Houston Chronicle)

BOEM to hold public hearing in Houston

The Bureau of Ocean Energy Management will hold a public hearing Tuesday in Houston to give the public the opportunity to comment on a proposed environmental-impact statement for the outer continental shelf oil and gas lease sale.  More »

(Photo: Brian Turner/Flickr)

Cabot cited by Pennsylvania for pollution from natural-gas well

Cabot Oil & Gas Co. (COG), the best- performer last year in the Standard & Poor’s 500 Index, was cited by Pennsylvania officials in September for “improper” well construction after natural gas polluted drinking water.  More »
The Ocean Monarch (Image: Diamond Offshore)

Keppel agrees to $150 million U.S. rig deal

Keppel AmFELS inked a deal today with Houston-based Diamond Offshore for $150 million to construct and upgrade a moored semisubmersible rig.  More »
Statoil's Polar Pioneer drills in the Skrugard field in the Barents Sea. (Photo: Harald Pettersen/Statoil)

Statoil makes large oil discovery in Barents Sea

Norway’s Statoil said Monday it has discovered a large oil reserve in the Barents Sea, its second major oil find in the Arctic region in less than a year.  More »
This file picture from May 2005 shows the oil major Shell's oil and gas terminal on Bonny Island in southern Nigeria's Niger Delta. (Photo:Getty Images)

Nigerian fuel price strike may disrupt Shell’s oil production

Nigerian workers began a national strike after fuel costs more than doubled, threatening to shut ports and disrupt output from Royal Dutch Shell Plc (RDSA) and Chevron Corp. (CVX) in Africa’s largest crude producer.  More »
The Trans-Alaska pipeline (Photo: BP)

Ruling could loom large in oil tax debate

The trans-Alaska oil pipeline could have several years of life left or several decades, according to the political debate surrounding lowering production taxes on oil companies.  More »
(Photo courtesy of Shell Oil Co.)

BP, Shell to partake in arctic drilling inquiry, Telegraph says

BP Plc, Royal Dutch Shell Plc and Cairn Energy Plc are among companies that may be asked to provide information on drilling in the Arctic to the U.K.’s Environmental Audit Committee later this year, the Sunday Telegraph reported, citing Committee Chairman Joan Walley.  More »
Members of the Iran Navy participate in a 2011 drill in the Sea of Oman. (AP Photo/International Iran Photo Agency, Ali Mohammadi)

Hormuz bypass oil pipeline is delayed

A pipeline that would allow crude oil from the United Arab Emirates to bypass the Strait of Hormuz separating it from Iran has been delayed because of construction difficulties, two people with knowledge of the matter said.  More »
(John Davenport/San Antonio Express-News)

Shale bubble inflates on near-record prices

Surging prices for oil and gas shales, in at least one case rising 10-fold in five weeks, are raising concern of a bubble as valuations of drilling acreage approach the peak set before the collapse of Lehman Brothers Holdings Inc.  More »
(Brett Coomer/ Houston Chronicle file photo)

Amid BCS mania, BP pushes a feel-good Gulf story

Nearly 20 months after its massive Gulf of Mexico oil spill — and just as the nation focuses on New Orleans, host of the BCS title game — BP is pushing a slick nationwide public relations campaign to persuade Americans that the Gulf region has recovered.  More »
Craig Sautner, a resident of Dimock, P.A., holds a jug of his well water outside of The Forum in Binghamton, NY, on Monday, Sept. 13, 2010 during the final public meeting on the U.S. Environmental Protection Agencyís hydraulic fracturing study. Sautner lives 976-feet from a Cabot Oil natural gas drill. He was not allowed to take the receptacle into the meeting. (AP Photo/Press & Sun-Bulletin, Rebecca Catlett)

Federal agency cancels water delivery to Pa. town

The U.S. Environmental Protection Agency abruptly changed its mind Saturday about delivering fresh water to residents of a northeastern Pennsylvania village where residential wells were found to be tainted by a natural gas drilling operation.  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)

Saudi: ‘Internal’ matter if Japan buys Iran oil

A Saudi oil official said that whether Japan or other countries continue to buy Iranian oil was an “internal matter,” reflecting the unease in many nations after the latest U.S. sanctions on Tehran and Iran’s threats to choke off the Strait of Hormuz in response.  More »
Sunoco's Philadelphia refinery is on the banks of the Schuylkill River. The company plans to pull out of the refining business altogether, which could help put the Northeast region in a precarious position. Photo: MIKE MERGEN / HC

Gulf Coast working to fill a fuel void in Northeast

Northeastern states are slated to lose half of their regional capacity for fuel production by midyear as financial woes push refineries there to idle, a trend likely to increase the region’s dependency on Gulf Coast supply.  More »