Fuel Fix


Petrobras finds oil seep near Chevron’s Brazil spill

Petroleo Brasileiro SA (PETR4), Brazil’s state-run oil producer, reported a seep in its Roncador project near the Chevron Corp. (CVX) field where 3,000 barrels leaked into the Atlantic Ocean in November.  More »
A Chesapeake Energy drilling rig (Photo: Chesapeake Energy)

Chesapeake asset sales bring $2.6 billion

Chesapeake Energy Corp. (CHK), the second- largest U.S. natural-gas producer, announced $2.6 billion in asset sales that will cut debt and fund drilling after slumping gas prices eroded cash flow.  More »
(Photo: Patricia Santos, Associated Press)

Petrobras well shows ‘high potential’ at Iara Field

Petroleo Brasileiro SA (PETR4), Brazil’s state-controlled oil company, discovered “good quality” oil at its third well at the Iara field in deep waters of the Atlantic Ocean near the country’s biggest deposits.  More »
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A fire engine douses reactor number 3 of the Fukushima Dai-ichi nuclear plant in northern Japan on March 18, 2011. (Photo: Japanese Ground Self-Defense Force/AFP/Getty Images)

Japan closer to restarting first reactors since Fukushima

Japan’s government approved new safety measures for nuclear reactors, taking a step toward restarting the first atomic plant since the Fukushima disaster and to avert electricity shortages this summer that could set back the country’s economic recovery.  More »

Gulf Oil returns to Houston, branding 50 stations

In partnership with The Woodlands-based distributor Petroleum Wholesale, Gulf Oil will rebrand 50 ExxonMobil stations with its orange-disc logo this year.  More »
Workers move a section of well casing into place at a Chesapeake Energy natural gas well site. (AP file photo/Ralph Wilson)

Sierra Club sues in effort for Ohio drilling info

An environmental organization is asking an Ohio judge to force the state Department of Natural Resources to disclose plans for oil and gas drilling at state parks and other public properties.  More »
Gas prices are expected to hold steady in Texas over the holiday weekend. (AP Photo/Alex Brandon)

Gas station glitch causes gasoline to be sold at $1

A computer glitch caused gasoline to be sold at $1.01 at a Pasadena gas station overnight.  More »
University of Houston Chancellor Renu Khator has made energy one of the university's key initiatives. ( Brett Coomer / Houston Chronicle )

Event: UH energy symposium discusses energy policy, shale boom

The Texas Tribune will hold an energy symposium at the University of Houston on Friday, featuring speakers and panels on the Eagle Ford shale and on energy policy.  More »
(Image: Fotolia)

Americans back range of energy policies, with partisan splits

A majority of Americans support a range of energy and environmental policies from more oil drilling to federal funding for renewables to regulations that curb pollution, albeit with significant partisan differences, according to a new Gallup poll.  More »
The Cushing, Okla. pipeline hub.

Oneok plans oil pipeline to Cushing from Bakken

Construction of the 1,300-mile Bakken Crude Express pipeline will start as soon as 2013 and the system may be operating in early 2015.  More »
A contractor closes a valve on a tanker truck at a Range Resources hydraulic fracturing operation in Pennsylvania. (AP Photo/Keith Srakocic)

Environmentalists attack API on drilling pollution

More than a dozen environmental groups lobbied the White House today to impose robust new rules limiting air pollution from hydraulically fractured wells and reject what they said was an oil and gas industry “misinformation” campaign against the proposed mandates.  More »
Petrobras workers walk on platform 51 "Majuro" in Angra dos Reis, Brazil. (AP Photo/Ricardo Moraes)

U.S., Brazil zero in on drilling, biofuels in bilateral meeting

President Obama and Brazilian President Dilma Rousseff pledged Monday to further boost cooperation between their nations on energy matters ranging from oil and gas development to renewable power.  More »