Fuel Fix

(Photo: Flickr, Caston_Corporate)

Wilson’s Halcon agrees to buy GeoResources for $972 million

Halcon Resources Corp., the oil and natural-gas producer run by former Petrohawk Energy Corp. head Floyd C. Wilson, agreed to buy GeoResources Inc. in a cash-and- stock takeover that values the company at $972 million.  More »
A Chesapeake Energy drilling rig (Photo: Chesapeake Energy)

Chesapeake gas well failure prompts evacuation near Douglas

Several dozen residents near Douglas have evacuated because of a problem at a natural gas well.  More »
This image provided by BP's spillcam on June 6, 2010 shows oil leaking out of the Macondo well head in the Gulf of Mexico. (AP file photo/BP)

Steffy: BP engineer shouldn’t be the last to be indicted

If it hadn’t been for the leg irons and handcuffs, Kurt Mix might have looked as if he’d come straight from the office.  More »
Oil pumps work at sunset Monday, Jan. 2, 2012, in the desert oil fields of Sakhir, Bahrain, in the Persian Gulf. (AP Photo/Hasan Jamali)

Iran considers halting nuclear expansion to avert EU oil embargo

Iran is considering a Russian proposal to halt the expansion of its nuclear program in order to avert new sanctions, the country’s envoy in Moscow said.  More »
(AP Photo/Mark Lennihan)

Hess Corp. 1st-quarter profit declines 41 percent

Hess Corp. said today that first-quarter net income dropped 41 percent when compared with a year-ago quarter that included a $310 million gain from asset sales.  More »
The $62 billion purchase of TNK-BP by Russia's state-owned Rosneft was the biggest oil and gas deal of 2012, a Houston firm reports.

Rosneft, Eni to jointly explore oil-rich Arctic

Rosneft, Russia’s largest oil producer, and Italy’s Eni have signed a deal to jointly explore for oil and gas in Russia’s Arctic.  More »
Halliburton sign on a machine (AP Photo/David Zalubowski, File)

Halliburton opposes BP’s proposed settlement of Gulf spill

Halliburton Co. (HAL) is opposing a $7.8 billion proposed settlement between BP Plc (BP/) and lawyers suing the London-based company over the 2010 Gulf of Mexico oil spill, according to a court filing.  More »
Oil gushes from BP's Macondo well in the Gulf of Mexico on July 12, 2010. (AP Photo/BP)

Judge to hold hearing on Gulf oil spill settlement

A federal judge in New Orleans is set to preside over a hearing on a proposed class-action settlement that would resolve billions of dollars in claims against BP over the 2010 oil spill in the Gulf of Mexico.  More »
Shell's contracted drillship Noble Discoverer (is shown) in Dutch Harbor, Alaska.

Senator: Report shows Alaska profitable for oil

An Anchorage senator says the $616 million ConocoPhillips earned in Alaska during the first quarter of 2012 shows the state’s a highly profitable place to produce oil.  More »
(AP Photo/Mike Groll, File) As Denton considers fracking ban, the state's oil and gas regulator weighs in, calling the attempt "extremely misguided."

‘Fracking’ advocates, critics gearing up in Mich.

The fight over hydraulic fracturing is coming to Michigan, along with a significant environmental test for the Great Lakes state’s Republican governor.  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)

Mack attack ad blasts Nelson, Obama pipeline call

U.S. Rep. Connie Mack IV blasted U.S. Sen. Bill Nelson in a radio campaign ad Tuesday for going along with President Obama’s decision opposing the Keystone XL pipeline project that would carry oil through the nation’s midsection.  More »
David Dobs poses in front of his home in Cumming, Ga. Dobs' home owners' association denied his request to install solar panels on his roof.  Georgia lawmakers narrowly defeated a bill this year that would have prevented homeowners associations from banning solar panels.  (AP Photo/John Bazemore)

Solar panels cause clashes with homeowner groups

The government wants you to install solar panels at your house, and will even give you a tax break to do it. But your neighbors? Maybe not.  More »