Fuel Fix

(Photographer: Eddie Seal, Bloomberg)

Magnum Hunter shares could be de-listed, NYSE says

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A punishing summer oil slump sent Magnum Hunter Resources Corp.’s shares below $1 apiece last month as it reported its crude and natural gas revenues in the second quarter came in sharply lower than last year, when oil was trading around $100 a barrel.

Magnum Hunter shares could be de-listed, NYSE says

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(Photographer: Eddie Seal, Bloomberg)
A punishing summer oil slump sent Magnum Hunter Resources Corp.’s shares below $1 apiece last month as it reported its crude and natural gas revenues in the second quarter came in sharply lower than last year, when oil was trading around $100 a barrel.
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These are the experts drawing battle lines over oil exports

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The cast of experts weighing in on the issue includes former Obama administration officials and military veterans.
A sea of stacks, pipes and storage tanks are amassed along the Houston ship channel in Houston. (AP Photo/Pat Sullivan, File)

EPA shifts greenhouse gas permitting to Texas

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The U.S. Environmental Protection Agency gave Texas authority over greenhouse gas permitting on Tuesday, ending a long, often bitter battle between the federal agency and the state.
Categories: Environment
SunEdison, which moved from Maryland to California in 2011, is working on plans for a solar panel factory in Saudi Arabia. (Susana Bates/San Francisco Chronicle)

Saudis tap US solar company for massive panel factory

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Saudi officials signed an agreement Tuesday with Belmont, Calif.-based SunEdison Inc. to explore building a solar panel factory in the kingdom.
Categories: Middle East, Solar
Men are silhouetted against burning tankers early Wednesday, Feb. 5, 2014, near Posdino in Kirov region of Russia, some 500 miles northeast of Moscow. 32 tankers were derailed and 12 of them burned. No casualties were reported. (AP Photo/ Ministry of Emergency Situations, Kirov Branch Press Service)

Russia: 32 railcars carrying gas derail, on fire

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Russia’s Emergency Situations Ministry says several dozen railcars carrying gas have derailed and caught fire northeast of Moscow, prompting the evacuation of hundreds of local resident.
Categories: Accidents, Rail
Sen. John Hoeven, R-N.D., speaks about Keystone XL during a news conference on Capitol Hill, while Sen. Mary Landrieu, D-La., Canadian Amb. Gary Doer and American Petroleum Institute President Jack Gerard look on. (AP Photo/Charles Dharapak)

Lawmakers consider setting deadline for Obama’s Keystone XL decision

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A bipartisan coalition of House and Senate members on Tuesday said they are considering an array of options to speed up a final verdict on the proposed Keystone XL pipeline, now that a State Department analysis raised no major environmental objections to the controversial project.
A fireball goes up at the site of an oil train derailment Monday, Dec 30, 2013, in Casselton, N.D. The train carrying crude oil derailed near Casselton Monday afternoon. Several explosions were reported as some cars on the mile-long train caught fire. (AP Photo/Bruce Crummy)

Feds: Oil from Dakota fields improperly classified

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“The fines we are proposing today should send a message to everyone involved in the shipment of crude oil: You must test and classify this material properly,” Transportation Secretary Anthony Foxx said.

Categories: Rail, Safety/Security
Ken Salazar, then Interior Secretary, in his Washington office in April, 2013. (AP Photo/Charles Dharapak)

Former Interior chief to open NAPE with insights on fracking

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Salazar is set to speak at the North American Prospect Expo, a conference marked by a frenzy of wheeling and dealing, as landowners from around the globe look to make deals with oil, gas and pipeline companies.
(Photo: Fotolia)

Oil price rises as U.S. stocks stabilize

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Benchmark U.S. crude for March delivery was up 76 cents to close at $97.19 a barrel.