Fuel Fix

(Photo: Fotolia)

Oil hovers below $102 as Iran tensions bubble

Oil hovered below $102 a barrel Thursday in Asia amid conflicting reports about whether Iran is cutting crude exports to Europe.  More »
Speaker of the House John Boehner, R-Ohio, speaks to reporters at the Capitol in Washington. (AP Photo/J. Scott Applewhite)

Boehner: Vote on highway-energy bill may not come before recess

House Speaker John Boehner, R-Ohio, said Wednesday his chamber may not finish considering Republicans’ energy-infrastructure bill until after the President’s Day recess, amid growing criticism of various aspects of the legislation.  More »
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Oil prices climb as Iran stops some Europe exports

Stopping Iranian shipments means European refineries will have to find new sources of oil sooner than they expected.  More »
Interior Secretary Ken Salazar  (AP Photo/J. David Ake)

GOP, Salazar spar over fracking rules for public lands

Interior Secretary Ken Salazar brushed off attacks from Republicans on Wednesday regarding his department’s plans to regulate hydraulic fracturing on federal public lands.  More »
Containment vessels at the site of BP's Macondo well in June 2010. The Helix Q4000 is the platform at the bottom left. (BP Photo)

Appeals court sides with judge in oil spill case

A federal appeals court has refused to overrule a judge who ordered BP PLC and other companies involved in the nation’s worst offshore oil spill to set aside up to 6 percent of any settlement or claims payments for the benefit of a group of lead plaintiffs’ attorneys.  More »
an investigator sifts through the remains of the home in San Bruno, Calif., where Jessica Morales died. Jessica Morales was killed on Sept. 9, 2010 when a gas line exploded in San Bruno, Calif. Families of those killed in the explosion that laid waste to a suburban San Francisco neighborhood are turning their despair into action, forming a new national nonprofit to lobby for stronger pipeline safety rules. (AP Photo/Kimberly Archie)

Utility stops talks on fund for pipeline blast

The city of San Bruno said Wednesday that Pacific Gas & Electric Co. has broken off settlement talks with the city about a compensation fund for a gas pipeline explosion that killed eight people and destroyed 38 homes.  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 oil premium defies analysts rejecting risk

Traders are bidding up crude by as much as 15 percent on the assumption that conflict with Iran will lead to the biggest disruption to Gulf oil supplies since 1991. Analysts from Bank of America Corp. to IHS Jane’s say those concerns are exaggerated.  More »
A contractor closes a valve on a tanker truck at a Range Resources hydraulic fracturing operation in Pennsylvania. (AP Photo/Keith Srakocic)

Range Resources could be target for takeover

Range Resources Corp. (RRC)’s drilling operations in Pennsylvania’s Marcellus Shale natural-gas field are so coveted that the most expensive exploration and production company in America is now a takeover target.  More »
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Eni reports 2nd ‘giant’ Mozambique gas find

Eni SpA (ENI), Italy’s largest oil company, reported a second “giant” natural-gas discovery off Mozambique, near the Mamba South find that it made last year.  More »
Workers in protective suits and masks wait to enter the emergency operation center at the crippled Fukushima Dai-ichi nuclear power station in Okuma, Japan in 2011. (AP Photo/David Guttenfelder, Pool)

Fukushima nuclear reactors need reinforcing, study says

Areas around the Fukushima Dai-Ichi nuclear plant appear more prone to large temblors since last year’s magnitude 9 quake, according to a peer-reviewed geological study that recommends reinforcing the reactors.  More »
President Obama, center, is given a tour of Solyndra by Executive Vice President Ben Bierman, right, as Chief Executive Officer Chris Gronet, left, walks along at Solyndra Inc. in Fremont, Calif. FBI spokesman Peter Lee says agents executed multiple search warrants on Thursday morning as part of an investigation with the Department of Energy's Office of Inspector General. (AP Photo/Paul Chinn, Pool, File)

Republicans take Solyndra message to Obama

If you want a window into how outside Republican groups are likely to assail President Barack Obama’s record this year, look no further than how the GOP is lambasting the administration’s handling of solar company Solyndra.  More »
Money Roll

Eni 4Q results hit by refining losses

Losses from Eni’s gas and refining business contributed to a 10 percent drop in fourth-quarter profits, the company reported Wednesday.  More »
An Iranian oil worker repairs a pipe at an oil refinery in Tehran, Iran. The latest U.S. sanctions to be imposed on Iran have not only unveiled the depth of the country's economic woes, but exposed new fault lines within the government just two months before parliamentary elections that should bolster the control of the ruling clerics. (AP Photo/Vahid Salemi, File)

Analysis: US bid to crimp Iran oil sales stumbles

American attempts to get major Asian importers of Iranian oil to rein in their purchases are faltering as allies South Korea and Japan give U.S. officials a polite brushoff. Emerging giants India and China may even increase their purchases, further stymieing Washington’s efforts to force Iran to curtail its nuclear program.  More »
Senate Republican leader Mitch McConnell of Kentucky speaks with reporters following a weekly Republican policy luncheon, at the Capitol.   (AP Photo/J. Scott Applewhite)

Senate GOP seeks vote on Keystone amendment to highway bill

Senate Republican Leader Mitch McConnell indicated Tuesday that Republicans would push for a vote on a transportation bill amendment that would approve the Keystone XL pipeline.  More »
President Barack Obama (AP file)

Citing Keystone, drilling, Obama threatens highway bill veto

President Obama on Tuesday threatened to veto House Republican legislation that would reauthorize surface-transportation programs in part because the bill contains controversial energy-related provisions such as one that approves the Keystone XL pipeline.  More »