Fuel Fix

A Chesapeake Energy drilling rig (Photo: Chesapeake Energy)

Chesapeake 25% decline seen spurred by personal conflict

Chesapeake Energy Corp. (CHK) Chief Executive Officer Aubrey McClendon has been adding oil fields to his personal holdings faster than he can find cash to drill them. He’s steering the company down the same road.  More »
(Photo: Getty Images)

Floating offshore wind kit gets spur from U.S., Britain

Britain and the U.S. said they’d fund work on offshore wind generation technologies that work in waters as much as 500 feet deep, a measure aimed at opening vast new areas of ocean to development.  More »
Marathon gas station sign (AP Photo/Gene J. Puskar)

Detroit homeowners consider Marathon buyout offers

Marathon Petroleum Co. says the owners of most homes that it wants to buy near its southwest Detroit oil refinery are considering the company’s offer.  More »
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A Honda Civic GX is filled up with natural gas. (AP Photo/Kiichiro Sato)

Honda starts building new hybrid at SE Ind. plant

Honda is starting up production of a new gas-electric hybrid car at its southeastern Indiana factory.  More »
(Image: Fotolia)

Oil near $103 on growth fears, Europe uncertainty

Oil prices fell to near $103 a barrel Monday after surveys showed economic activity in China and Europe continues to contract. Meanwhile, a Dutch government crisis and French election results suggested waning support for austerity policies.  More »
(Photo: David Paul Ohmer/Flickr)

FuelFix Newslinks |04.23.12|

Oil spill commission chief says BP has learned its lesson. IBM pushes to make 500-mile EV battery, and with all this natural gas, who needs oil?  More »
Dow Chemical Co. chairman and CEO Andrew Liveris, left, and Texas Gov. Rick Perry were in Lake Jackson on April 20, 2012, for Dow's expansion announcement. Photo: Nick De La Torre / © 2012 Houston Chronicle

Q&A: Dow CEO Andrew Liveris talks chemicals, jobs and policy

Dow Chemical Co. CEO Andrew Liveris sat down for an interview with the Houston Chronicle after announcing a new $1.7 billion ethylene cracker in Freeport to take advantage of surging supplies of domestic natural gas and its byproduct liquids. The plant is one of four new or expanding facilities Dow is building at its Freeport […]  More »

Drillers go deep in the Gulf as prices spike

Drilling in the deep Gulf of Mexico is becoming robust two years after the oil spill that prompted a six-month moratorium on deep-water exploration, but more of the work now is left to large companies.  More »
(Image: Fotolia)

Gasoline prices start falling

Pump prices have dropped 6 cents over two weeks to a national average on Friday of $3.88. Experts say gasoline could fall another nickel or more next week.  More »
Trucks dump dirt at an oil sands mine operated by Suncor in Alberta, Canada. The facility, which started operating in 1967, extracts tar-like bitumen from the oil sands. Once diluted with other materials or upgraded into a synthetic crude oil, the hydrocarbon can be transported by pipeline to refineries in the U.S.  (Jennifer A. Dlouhy/Houston Chronicle)

EU delays vote on stamping oil sands with anti-environment label

The European Commission is set to delay voting on whether to label oil from oil sands as worse for climate change than other forms of crude, delivering a victory to Canada.  More »
The Valero Refining Company, in Corpus Christi. (AP Photo/Paul Iverson)

EPA settles with refiners over fake renewable fuel credits

The Environmental Protection Agency reached settlement agreements with ExxonMobil Corp., Shell Oil Co. and other refiners after the companies bought renewable-fuel credits from a company that is accused by regulators with fraudulently claiming it had made clean fuel.  More »
This is an undated handout photo issued by Total E&P UK Ltd of Total's Elgin PUQ (Process/Utilities/Quarters)  platform. A two-mile exclusion zone has been set up around the offshore platform in the North Sea which has been evacuated after a gas leak, Tuesday, March 27, 2012. The leak on Total's Elgin PUQ platform, about 150 miles (241km) off the coast of Aberdeen, led to the evacuation of all 238 workers on Sunday. (AP Photo  / TOTAL E&P UK Ltd)

Total says Elgin gas leak rate has dropped

Total SA, Europe’s third-largest oil company, said a natural-gas leak that has lasted for more than three weeks in the U.K. North Sea has decreased to about one third of an initial estimate.  More »