Fuel Fix

This photo taken and released by Rio de Janeiro's government, shows an aerial view of a boat crossing an area of an oil spill in an offshore field operated by Chevron at the Bacia de Campos, in Rio de Janeiro state, Brazil. Rio de Janeiro state's environment secretary, Carlos Minc, says Brazil is expected to fine Chevron nearly $28 million for the ongoing offshore oil spill and will also ask Chevron to pay for damages caused by the Atlantic spill. Minc said Monday he considers the fine way too lenient, but it's the maximum allowed under current Brazilian law. (AP Photo/Rio de Janeiro's government,Rogerio Santana)

Chevron may need to drill relief well at Frade, Chambriard says

Chevron Corp., the second-largest U.S. oil company, may need to drill a relief well at its Frade project in deep waters off Brazil’s coast as part of measures to counter a spill, Magda Chambriard, a director at the country’s oil regulator, said in Rio de Janeiro today.  More »
Sand flows at a Chesapeake Energy well near Carrizo Springs in the Eagle Ford Shale. (Photo: John Davenport/San Antonio Express-News)

Industry: What happens in Wyoming doesn’t happen in Texas

Oil and gas industry leaders are pushing back today against an EPA draft report that linked hydraulic fracturing with water contamination in Wyoming by insisting that what happened in that state is light years away from drilling being done in Texas, New York and other parts of the country.  More »
Contained oil surrounds CITGO Petroleum Corp.'s waste oil holding tanks near Lake Charles, La., after leaking from the facility into the Calcasieu Ship Channel last week. (AP Photo/Lake Charles American Press , Brad Puckett)

Appeals filed in CITGO fine

CITGO Petroleum Corp. and the U.S. Justice Department have appealed a recent judge’s ruling that the company pay $9 million in a lawsuit the government brought over a major 2006 oil spill at the company’s Lake Charles refinery.  More »

Workers move a section of well casing into place at a Chesapeake Energy natural gas well site near Burlington, Pa. (AP Photo/Ralph Wilson, File)

EPA report on WY water doesn’t end fracking debate

A U.S. Environmental Protection Agency draft finding that it may have detected groundwater pollution resulting from a controversial technique that plays a huge role in modern oil and gas development isn’t settled science yet.  More »
Former Ericsson CEO Carl-Henric Svanberg speaking at a press conference in Sweden. (Photo: BERTIL ERICSON/AFP/Getty Images)

Volvo may appoint Svanberg as chairman

Volvo AB (VOLVB), the world’s second-largest maker of commercial vehicles, is expected to appoint BP Plc (BP/)’s Carl-Henric Svanberg as chairman, according to a person with knowledge of the matter.  More »
The Chevrolet Spark fuel efficient mini-car makes its world debut at the Geneva Motor Show Tuesday, March 3, 2009. The Chevrolet Spark will arrive in U.S. showrooms in 2011. (Photo by Axel Wierdemann for General Motors)

GM buys batteries less volatile for Spark

General Motors Co. (GM), maker of the Chevrolet Volt plug-in hybrid that is the subject of a federal safety probe, is moving to a less volatile battery chemistry for its Chevy Spark electric car going on sale in 2013.  More »
(Photo: David Paul Ohmer/Flickr)

FuelFix Newslinks |12.09.11|

EPA links fracturing with groundwater pollution, but the report doesn’t end the debate? Kuwait talking with Exxon about oil and gas. And Dems are in a tough spot with Keystone XL-payroll tax combo.  More »
(Photo: Julien Tromeur, Flickr)

Oil lingers below $98 after disappointing ECB plan

Oil prices fell below $98 per barrel today in Asia as uncertainty surrounded the outcome of a critical meeting of Europe’s leaders aimed at solving the continent’s debt crisis.  More »
(Photo: AEI Services)

Regulators approve Houston-company’s power line application

A Houston company says its planned power line across Kansas will spur wind farm development and establish the state as a national leader in clean energy production.  More »
Total's Port Arthur refinery (Dave Ryan/Beaumont Enterprise)

Canada green lights Total oil sands project

The Canadian government is announcing the approval of a massive oil sands mine owned by a subsidiary of French oil firm Total SA.  More »
The Seaway Crude Oil Pipeline Co.'s expanded pipeline will carry oil from Cushing, Okla., to refineries along the Gulf Coast. (Photo: LyondellBasell)

LyondellBasell sees projects boosting profit by $1 billion

LyondellBasell Industries NV, the chemical maker that emerged from bankruptcy last year, may spend $1.5 billion on new plants and expansions to add as much as $1 billion a year to pretax earnings by 2016.  More »
A drilling rig in Pavillion, Wyo., used to drill a deep water well for testing. (Photo: EPA).

EPA links hydraulic fracturing with groundwater pollution

The Environmental Protection Agency on Thursday linked hydraulic fracturing with groundwater contamination — a first-of-its-kind conclusion by the federal agency that could trigger new scrutiny of the practice used to extract oil and natural gas.  More »
(AP Photo/Steve Helber)

How can the energy industry improve its image? Sell iPads

Energy Advocates, an Oklahoma-based group that aims to promote various forms of energy, including oil, natural gas, coal and renewables, is planning a nationwide tour next year to boost the energy industry’s image and increase public understanding.  More »
A Pakistani paramilitary soldier looks at the burning NATO supply oil tankers and goods trucks at a terminal following an attack by gunmen in Quetta on December 8, 2011. Up to 20 trucks were ablaze after a rocket attack on a NATO trucking terminal in Quetta, the capital of the southwestern Pakistani province of Baluchistan, officials said. A number of oil tankers and goods trucks were parked in the temporary terminal after Pakistan shut down supply lines for troops in Afghanistan in anger at a deadly NATO cross-border air strike which killed 24 Pakistani soldiers. AFP PHOTO / BANARAS KHAN

NATO fuel tankers set ablaze in Pakistan

Assailants torched more than 20 tankers in Pakistan carrying fuel for U.S. and NATO troops in neighboring Afghanistan on Thursday, in the first reported attack since Islamabad closed the border to protest coalition airstrikes that killed 24 Pakistani troops last month.  More »
A truck passes the Hy-Vee gas station, Tuesday, Nov. 11, 2008, in Des Moines, Iowa. Retail gasoline prices dipped for a 17th week since July 4, falling below $2 a gallon in a number of states and approaching $1.50 at some service stations.  (AP Photo/Charlie Neibergall)

Gas prices up slightly over last week

Gas prices are up slight over last week in Houston and Texas, according to AAA gas gauge.  More »