Fuel Fix

Oil is seen on the creek water's surface near an illegal oil refinery in Ogoniland, outside Port Harcourt, in Nigeria's Delta region. A region of Nigeria's oil-rich southern delta suffers widespread ecological damage as spilled oil seeps into its drinking water, destroys plants and remains in the ground for decades at a time, according to a UN report. (AP Photo / Sunday Alamba)

Shell oil spill off Nigeria likely worst in decade

An oil spill near the coast of Nigeria is likely the worst to hit those waters in a decade, a government official said today, as slicks from the Royal Dutch Shell PLC spill approached the southern shoreline.  More »
Children play in a river where oil pipes run above the surface in Ecuador's Sucumbios province. (AP file photo/Dolores Ochoa)

Chevron calls for investigation of Ecuador ruling

Chevron Corp. urged Ecuador’s authorities to investigate the conduct of plaintiffs’ lawyers and a judge who handed down an $18 billion decision in an oil pollution case.  More »
(AP file photo/Grand Forks Herald, Eric Hylden)

Spectra, Chesapeake, AEP plan pipeline from Utica shale

Spectra Energy Corp. plans to spend about $500 million in Ohio to expand shipping capacity on its Texas Eastern pipeline system to handle rising natural-gas production from the Utica and Marcellus shale formations.  More »

(Photo: Fotolia)

Oil rising amid signs US crude demand improving

Oil prices rose above $99 a barrel today in Asia as signs of improving U.S. crude demand were offset by ongoing concerns about Europe’s debt crisis.  More »

Phillips 66 leadership team announced

ConocoPhillips has named three new executives for the refining, pipeline and chemical company it will spin off next year.  More »
The Wolf Hollow plant will join Exelon's ExTex LaPorte Generating Station in La Porte, shown here, as part of the company's Texas operations. (Photo: Exelon)

DOJ approves Exelon deal, with conditions

The Justice Department has cleared the way for Exelon Corp.’s $7.9 billion purchase of Constellation Energy Group, Inc. to go forward, but said the companies must agree to sell three Maryland power plants first.  More »
Steam rises from stacks at the ConocoPhillips refinery  in Rodeo, Calif. (Justin Sullivan/Getty Images)

EPA tells nation’s dirty power plants to clean up

The EPA unveiled the first-ever national standards for toxic emissions from power plants, in rules that undoubtedly will affect the electric power picture in Texas.  More »
Drivers test out the Nissan Leaf electric car at the 2010 Los Angeles Auto Show (AP file photo/Damian Dovarganes)

Nissan says Leaf could power home for two days

The car company said the Nissan Leaf could power an owner’s home for up to two days, helping owners avoid blackouts or high electricity bills, according to a Metro news report.  More »
Felix Kramer poses  next to his new Chevy Volt in Redwood City, Calif., on Dec. 29, 2010. (AP file photo/Jeff Chiu)

See the worst and most disliked cars of 2011

Forbes, Consumer Reports and CNN Money ranked the worst and most disliked cars of 2011, and some of the picks will surprise you.  More »
eve energy

EV Energy promotes president to CEO role

Houston-based EV Energy Partners has promoted Mark Houser from president to CEO, effective January 1, 2012.  More »
An oil clean-up vessels processes leaked oil on the sea surface around the C platform of the Penglai 19-3 oilfield in Bohai Bay, China on July 11, 2011. (Photo: Associated Press)

ConocoPhillips takes responsibility for Bohai Bay oil spill

ConocoPhillips, the third-largest U.S. oil company, takes responsibility and will compensate those affected by two oil spills in China’s Bohai Bay in June.  More »
Pittsburgh Steelers running back Jerome  Bettis leaves the field with the game ball after rushing for three touchdowns in a 35-21 win over the  Detroit Lions. (AP Photo/Gene J. Puskar)

Jerome Bettis films EPA ad about new regulations

The Bus is jumping on the EPA bandwagon.  More »
The Valero Three Rivers Refinery in Three Rivers, Texas between San Antonio and Corpus Christi refines a lot of oil from the Eagle Ford shale. (Photo: John Davenport, San Antonio Express-News)

Texas rejects Valero tax break bid

The Texas environmental agency has rejected a request by oil giant Valero for a large tax break and potential $92 million refund at six refineries that installed equipment designed to remove sulfur dioxide from crude oil.  More »
Iranian President Mahmoud Ahmadinejad sits for an interview with state-run TV. (AP Photo/Presidency Office, Rouzbeh Jadidoleslam, HO)

U.S. joins EU pressing to cut Iran oil sales

The Obama administration and European governments are seeking help from Arab and Asian allies to reduce Iran’s oil revenues in the dispute over its nuclear program, while trying to avoid causing a surge in prices that may threaten the global economic recovery.  More »
(Photo: Loozrboy/Flickr)

Seaway pipeline reversal project announces open season

The joint venture of Enterprise Products Partners and Enbridge Inc. to carry oversupplied crude at the Cushing hub to Gulf Coast refiners will begin seeking customer commitments next month, the companies said.  More »