Fuel Fix

(AP file photo/Paul Sakuma)

Shell says oil from Bonga facility leak ‘largely dispersed’

Royal Dutch Shell Plc (RDSA) said oil that leaked from its 200,000 barrel-a-day Bonga field in Nigeria “has largely dispersed” as of last night.  More »
(Photo: Fotolia)

Oil settles near $100 on global security concerns

Tensions between Iran and western nations, along with unrest in Syria, Bahrain, Kazakhstan and Iraq have raised worries that oil supplies could be disrupted.  More »
Pope Benedict XVI waves as he rides in the Popemobile as he departs the White House after meeting with U.S. President George W. Bush.  (Photo by Mark Wilson/Getty Images)

Popemobile goes green

Pope Benedict XVI’s popemobile may be getting an ecological upgrade.  More »

PDVSA signs natural gas supply contract with Eni, Repsol

Petroleos de Venezuela SA signed a contract to provide natural gas to Eni SpA and Repsol YPF SA from the Perla field in the Gulf of Venezuela, the country’s largest gas discovery.  More »
eve energy

SandRidge may sell 500,000 more acres worth $1.83 billion

SandRidge Energy Inc., which said yesterday it would sell a stake in a Kansas and Oklahoma oil and natural-gas prospect to Repsol YPF SA, wants to divest another 500,000 acres that may be worth $1.83 billion.  More »
West Virginia State Police direct traffic at the entrance to Massey Energy's Upper Big Branch Coal Mine in Montcoal, W.Va., where 29 coal miners were killed in an April 5 explosion. On Tuesday, Dec. 6, 2011, the U.S. Attorney's Office is holding a morning teleconference with the families  of the 29 men killed and their lawyers to discuss what prosecutors will only call "significant developments" in the criminal investigation that grew from the deadliest U.S. mine disaster in four decades.  (AP Photo/Jeff Gentner, File)

SEC requiring coal firms to report safety problems

A lawyer suing the former Massey Energy Co. says investors might have made better decisions about putting money into the coal company had it been required to report safety violations to the U.S. Securities and Exchange Commission before last year’s Upper Big Branch mine disaster that killed 29 miners.  More »
People and rescue workers gather at the site of a pipeline explosion in Dos Quebradas, Colombia. The explosion killed at least 11 people, injured dozens and destroyed homes. The pipeline, which carries gasoline and diesel, is operated by national oil company Ecopetrol. (AP Photo/John Jairo Bonilla)

Fuel pipeline explodes in Colombia, killing 11

A fuel pipeline exploded in Colombia on Friday, killing at least 11 people, injuring more than 70 others, and destroying homes.  More »
Ships move an oil boom into place near Cat Island off the Gulf Coast of Mississippi as part of Deepwater Horizon oil spill response. (AP file photo/U.S. Air Force)

BP releases new Gulf video

BP released another video about their efforts to revive the Gulf after the Deepwater Horizon accident.  More »
(Photo: BFS Man)

Houston-based Calpine says industry can conform

Houston-based Calpine Corp., the country’s largest independent power producer, said new regulations from the Environmental Protection Agency are necessary and won’t create reliability issues.  More »
(AP file photo/Paul Sakuma)

Shell offshore Nigeria spill came amid tanker-loading

A faulty pipe from an offshore oil field run by Royal Dutch Shell PLC near Nigeria’s coast spewed crude oil into the ocean for as much as 25 hours as workers loaded a waiting tanker, the company acknowledged today.  More »
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Is it fracking or fracing?

The originator of the “fracking” as a moniker for hydraulic fracturing says the spelling was never meant to be political. But not even Google recognizes “fracing” as a nickname for the controversial natural gas extraction method anymore.  More »
A natural gas well in the  Greater Natural Buttes (Photo: Anadarko)

Petrosa sells Anadarko stake in South African concessions

PetroSA, South Africa’s state-owned oil company, sold a stake in blocks 5, 6 and 7 off South Africa’s west coast to Anadarko Petroleum Corp., marking the U.S. producer’s entry into the country.  More »
This underwater image taken and released by Brazil's Environment and Natural Resources Institute, IBAMA, shows an oil spill in an offshore field operated by Chevron oil company at the Bacia de Campos, in Rio de Janeiro state, Brazil, Nov. 11, 2011. More than 2,600 barrels of oil may have spilled into the Atlantic ocean because of a leak at an offshore Chevron drilling site, IBAMA officials said Friday. (AP Photo/Ibama)

Chevron, Conoco entrapped in post-BP crackdown on spills

Brazil’s threatened indictment of Chevron Corp. (CVX) and Transocean Ltd. (RIG) executives after offshore oil leaks shows that regulators from the North Sea to the Indian Ocean are stepping up scrutiny after BP Plc’s 2010 disaster.  More »
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 may rise above $4 as plants shut down

Gasoline prices may rise above $4 a gallon next summer as refineries along the U.S. East Coast close, reducing fuel supply, said Edward Morse, New York-based head of commodities research at Citigroup Global Markets Inc.  More »
(AP Photo/Arktikmorneftegazrazvedka, HO)

Russian oil rig sinking casts doubt on Arctic plan

The sinking of a floating oil rig that left more than 50 crew dead or missing is intensifying fears that Russian companies searching for oil in remote areas are unprepared for emergencies — and could cause a disastrous spill in the pristine waters of the Arctic.  More »