Fuel Fix

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Repsol YPF ups Argentine shale potential

Repsol YPF its estimate for potentially recoverable oil and gas in its part of Argentina’s “Vaca Muerta” (Dead Cow) basin to the equivalent of nearly 23 billion barrels.  More »
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Democrats say federal drilling oversight is lax

The report said the government does little to ensure accountability or protect the environment, even as drilling on federal land has increased in recent years.  More »
THE Texas Department of Transportation and City of Tyler street workers repair a sinkhole Friday. The sinkhole on Front Street, also known as State Highway 31, forced the shutdown of one lane of traffic. (AP Photo/Tyler Morning Telegraph, Tom Worner)

CBO: Oil, gas measures to raise just $2 billion for GOP highway bill

Three GOP measures to expand oil-and-gas production and use the resulting revenues to partially pay for legislation reauthorizing surface-transportation programs would cover only about $2 billion of the roughly $50 billion in needed funding, according to government estimates.  More »
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A contractor closes a valve on a tanker truck at a Range Resources hydraulic fracturing operation in Pennsylvania. (AP Photo/Keith Srakocic)

Shareholders want more risk transparency disclosures for hydraulic fracturing

Two shareholder activist groups has filed a list of several environmental transparency disclosures on hydraulic fracturing that they want to see included in energy companies’ proxy statements.  More »
(Photo: Associated Press)

Energy companies lining up behind Mitt Romney

Energy has turned into a major question leading into the 2012 presidential election, and energy companies aren’t looking to sit on the sidelines and watch.  More »
A series of LED lights developed by Soraa is tested in the company's optical laboratory. (Photo: John Sebastian Russo / Special to the Chronicle)

Fremont’s LED startup says price point is right

The light source in Eric Kim’s hands is just 6 millimeters across and, once powered up, almost blindingly bright.  More »
(Photo: NuStar Energy)

Former AGE boss settles complaint

After months of legal wrangling, Glen Gonzalez, the former CEO of AGE Refining Inc., has settled a multimillion lawsuit that was filed against him in November 2010 by a federal bankruptcy trustee.  More »
The Ensco 8501 semi-submersible rig in the Gulf of Mexico (Jennifer A. Dlouhy/Houston Chronicle)

Quantum Energy forms renaissance to acquire U.S. offshore oil

Quantum Energy Partners, the $6.5 billion Houston-based private-equity firm, is bankrolling a company to acquire offshore U.S. oil fields as rival explorers shift attention to shale and other so-called unconventional prospects.  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)

Geoscientists call for honest dialogue on fracking

Better industry oversight, an honest dialogue with the public about controversial drilling methods and a clearer explanation from companies about how clean, natural gas can be extracted from wells drilled hundreds of feet underground is desperately needed from energy companies, two geoscientists said Tuesday.  More »
A Talisman Energy hydraulic fracturing site near Cotulla. (Photo: JOHN DAVENPORT/SAN ANTONIO EXPRESS-NEWS)

Statoil earnings surge on higher oil, gas prices

Norwegian oil company Statoil ASA said today its profits soared in the fourth quarter on higher oil and gas prices and a one-time gain from the sale of a stake in a gas transportation company.  More »
Mark Cleland, from Austintown, Ohio, participates in a protest outside Wells Academy/Steubenville High School Tuesday, Feb. 7, 2012, in Steubenville, Ohio. Gov. John Kasich is expected to highlight the themes of education and shale gas drilling in his State of the State address Tuesday. (AP Photo/Tony Dejak)

Ohio governor: Drilling, environment compatible

Ohio doesn’t need to choose between a developing shale energy industry and a clean environment, Gov. John Kasich told state lawmakers in his State of the State address Tuesday at a top-performing school.  More »
The Trans-Alaska pipeline (Photo: BP)

Alaska Senate plans generic oil tax bill, at first

The Alaska Senate is planning to unveil a generic oil tax bill this week, leaving to the committee process the job of finding problems in the proposal and working out solutions.  More »