Fuel Fix

Halliburton sign on a machine (AP Photo/David Zalubowski, File)

Halliburton 1Q income rises 23 pct

Halliburton Co. says its first-quarter profit increased 22.7 percent as the oil industry aggressively searched for new oil fields in North America.  More »
(AP Photo / David J. Phillip)

Delta clear favorite for idle Pennsylvania refinery, analysts say

Delta Air Lines has emerged as a clear favorite to buy an idled ConocoPhillips refinery in Pennsylvania in an effort to satisfy its growing need for jet fuel, according to media reports.  More »
People fill the tanks of their vehicules at an YPF station in Buenos Aires, Argentina,  Thursday, April 12, 2012. Spanish Industry Minister Jose Manuel Soria  has warned that the government will interpret any "hostile gestures" against Spanish companies abroad as an act of aggression, in an apparent reference to a conflict with Argentina over an oil company controlled by Spain's Repsol. YPF,  which is 57 per cent owned by Repsol,  has rejected Argentine government pressure to plough some of its profits back into the South American country.(AP Photo/Natacha Pisarenko)

Argentina rejects Repsol’s $10.5 billion claim for YPF

Argentina rejected Repsol YPF SA (REP)’s demand for $10.5 billion in compensation after President Cristina Fernandez de Kirchner seized its YPF SA (YPF) unit, saying it hasn’t invested enough in the South American country.  More »
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A Devon Energy flex-drilling rig in the Barnett Shale (Kevin Fujii/Houston Chronicle file photo)

Drillers say costs manageable from pending gas emissions rule

An Obama administration plan to cut air pollution from natural-gas wells that was delayed after a flurry of last-minute comments won’t slow the gas boom sweeping the U.S., some drillers and industry analysts said.  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)

Shell looks at $4B in possible projects in Nigeria

Officials with Royal Dutch Shell PLC say they are looking at possible onshore investments in Nigeria that could be worth about $4 billion.  More »
(AP file photo/Grand Forks Herald, Eric Hylden)

Exxon wins order for FERC to reconsider pipeline rates

Exxon Mobil Corp. (XOM) won a court order directing the Federal Energy Regulatory Commission to reconsider its denial of a bid to charge market rates on oil carried through the Pegasus pipeline.  More »
(Photo: Associated Press)

Obama and Romney on energy, environmental issues

A look at where President Barack Obama and Republican presidential candidate Mitt Romney stand on energy and environmental issues:  More »
An unidentified worker steps through the maze of hoses being used at a remote fracking site being run by Halliburton for natural-gas producer Williams in Rulison, Colo. (AP Photo/David Zalubowski, File)

WY gov. protests proposed federal fracking rules

Wyoming Gov. Matt Mead is protesting new natural gas drilling regulations being considered by the federal government.  More »
Royalties from oil production on state lands is pushing Texas' Permanent University Fund toward a record $1 billion in annual revenue. (AP Photo/Hasan Jamali)

Oil hovers above $104 after US crude supply jump

Oil prices hovered above $104 a barrel Wednesday in Asia after a report showed U.S. crude supplies jumped more than expected for a fourth week, suggesting demand remains weak.  More »
The Dow Chemical Company's Powerhouse solar shingles offer roofing and power generating solutions and are now available in Texas (source: The Dow Chemical Company).

Dow’s solar roof shingles come to Texas

Solar roof shingles, the first of their kind, are now available in Texas, courtesy of the Dow Chemical Company, according to a company announcement. Dow announced Tuesday it had launched its solar shingles in California and Central Texas, allowing customers to buy and install the power-generating roof shingles through authorized dealers. Three Texas roofing companies […]  More »

Gas drilling spurs jobs in wildlife, software

Before work begins on a gas well or pipeline in northern Pennsylvania, Merlin Benner or one of his colleagues walks the land looking for timber rattlesnakes, a protected species.  More »
Chevron's Genesis platform is shown in the Gulf of Mexico.  (AP Photo/Mary Altaffer)

Republicans propose energy cuts while boosting fossil fuels

House Republicans released a fiscal 2013 Energy Department budget plan shifting more money to fossil-fuel programs while cutting total spending to $26.3 billion, about $358 million less than this year.  More »
(AP Photo/Pablo Martinez Monsivais)

Obama wants to target oil market manipulation

Under pressure to take action on rising gasoline prices, President Barack Obama wants Congress to strengthen federal supervision of oil markets, increase penalties for market manipulation and empower regulators to increase the amount of money energy traders are required to put behind their transactions.  More »
A man on a bus holds up a banner reading in Spanish "Today with Cristina we recovered YPF" during a demonstration in support of a bill proposed by Argentina's President Cristina Fernandez outside the government house in Buenos Aires, Argentina, Monday, April 16, 2012. Fernandez on Monday proposed a bill to expropriate 51 percent of the shares of YPF oil company that is controlled by Spain's Repsol, moving ahead with the plan despite fierce opposition from Madrid. (AP Photo/Natacha Pisarenko)

Argentina slammed by Spain, EU for oil takeover

Argentina’s President Cristina Fernandez is attempting to quell increasing unrest at home and boost her popularity with an “unlawful” bid to nationalize YPF, the Argentine oil unit of Spanish energy firm Repsol, the company’s president claimed Tuesday as the company’s shares plunged almost 7 percent.  More »
(Photo: First Solar)

First Solar lays off 2,000 as Europe demand wanes

First Solar Inc. is laying off 2,000 workers and closing its plant in Frankfurt, Germany, in response to waning demand for solar panels and increased competition from China.  More »