Fuel Fix

Workers move a section of well casing into place at a Chesapeake Energy natural gas well site. (AP file photo/Ralph Wilson)

Chesapeake management draws more fire

Chesapeake Energy’s board of directors is drawing more fire, this time from two major shareholder advisory services. International Shareholder Services and Egan-Jones Proxy Services are calling for changes to the board, which they say has failed to curb the aggressive debt strategies of Chesapeake chief executive officer Aubrey McClendon.  More »
Mitsubishi I Miev (Photo: Thomas B. Shea)

Mitsubishi I Miev makes Houston debut

Jackey Noons rolled off the Champion Mitsubishi lot in a brand new all-electric Mitsubishi Miev.  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 expects to resume Elgin output before year-end after leak

Total SA (FP), Europe’s third-largest oil company, expects to resume production at its Elgin and Franklin fields before the end of 2012 after plugging a natural-gas leak.  More »
Carl Icahn (AP file photo/Mark Lennihan)

Icahn holds about 80% of CVR Energy, as full board control

Billionaire Carl Icahn has acquired about 80 percent of oil refiner CVR Energy Inc. following a $2.6 billion tender offer and has taken full control of the company’s board.  More »
Workers move a section of well casing into place at a Chesapeake Energy natural gas well site. (AP file photo/Ralph Wilson)

Environmentalists criticize Ohio drilling rules

Environmental advocates were among dozens of witnesses lining up to testify Monday on a bill laying out Ohio’s new regulations for horizontal shale drilling and the use of renewable energy.  More »
renewable electricity generation

Businesses reducing energy by 25 percent as recession lingers

Businesses are reducing their energy consumption up to 25 percent in response to the recession, according to a Deloitte & Touche survey released today.  More »
Royalties from oil production on state lands is pushing Texas' Permanent University Fund toward a record $1 billion in annual revenue. (AP Photo/Hasan Jamali)

Oil prices up on expectations for improving demand

Oil rose above $92 a barrel Monday in Asia ahead of talks this week aimed at avoiding a military conflict over Iran’s nuclear program.  More »
(AP file photo/Grand Forks Herald, Eric Hylden)

Pa. firm announces $380M gas pipeline expansion

A Pennsylvania company will invest $380 million to expand natural gas pipelines in the state.  More »
Demonstrators march with a replica of a pipeline during a protest against the Keystone XL Pipeline outside the White House on Sunday, Nov. 6, 2011, in Washington.  (AP Photo/Evan Vucci)

How the Keystone XL could bring higher gas prices to Texas

The Keystone XL pipeline might be a good thing for job creation and crude oil supply, but it might not have the same positive effect on gasoline prices.  More »
(AP Photo/Charles Krupa)

Matagorda County coal plant developer fights new EPA rules

Analysts predicted early retirement for some coal-fired power plants when the Environmental Protection Agency issued new limits on emissions of mercury and other toxic pollutants last year.  More »
Nuclear  Regulatory Commission Chairman Gregory Jaczko briefs White House reporters on Thursday, March 17, 2011 regarding nuclear concerns following the earthquake and tsunami in Japan. (AP Photo)

Head of US nuclear safety agency to step down

The head of the U.S. Nuclear Regulatory Commission announced Monday that he will resign as soon as a successor is confirmed to lead the country’s nuclear safety agency, a decision that comes after fellow commissioners publicly rebuked Jaczko and accused him of acting like a bully.  More »
Workers join sections of pipe on a Trinidad Drilling rig leased by Chesapeake Energy north of Douglas, Wyo. Photo: Alan Rogers / Copyright 2012 CASPER STAR-TRIBUNE

Chesapeake turns to Jefferies’ Eads in $28 billion deals

When Chesapeake Energy Corp. Chief Executive Officer Aubrey McClendon went on an oil and natural gas buying spree, Ralph Eads was the banker who found the money to fund it.  More »