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 »
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 »
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 »
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 »
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 »
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 »
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 »
FuelFix.com is your daily must-read source for news and analysis on the energy business. Anchored by business reporters at the Houston Chronicle and other Hearst newspapers, FuelFix incorporates blogs by energy experts, market updates, useful data and a real-time summary of the top ideas, hottest stories and latest news.