Fuel Fix

(Photo: Steve Snodgrass/Flickr)

NRC approves new nuclear reactor design

Federal regulators have approved a nuclear reactor designed by Westinghouse Electric Co. that could power the first nuclear plants built from scratch in this country in more than three decades.  More »
Biggest Energy Saver - Mike & Stephanie Butler (Photo: CenterPoint Energy)

Houston resident cuts electricity use, wins Volt

Spurred by CenterPoint Energy’s biggest saver contest, Butler broke his bad energy habits, and he started seeing the difference on his electric bills almost immediately, he said.  More »
A natural gas well pad sits in front of the Roan Plateau near the Colorado mountain community of Rifle on April 22, 2008. (AP Photo/David Zalubowski)

Houston company seeks drilling permits in Colo. Springs

The Gazette reports that Ultra Resources Inc. already plans to conduct exploratory drilling for gas and oil on three to four sites in unincorporated areas of El Paso County early next year.  More »

(AP file photo/David J. Phillip)

El Paso natural gas line leaking off Louisiana, officials say

El Paso is repairing a natural gas pipeline leak off the coast of Louisiana, according to U.S. Coast Guard Petty Officer Steve Lehmann.  More »

Petrohawk ex-CEO leads $550 million deal for Ram stake

Former Petrohawk Energy Corp. head Floyd C. Wilson will become the chief executive officer of Ram Energy Resources Inc. after leading a $550 million purchase of a majority stake in the oil and natural-gas producer.  More »
(Photo: Fotolia)

BP recovers refinery tank from Puget Sound

Workers have recovered a 475-ton steel tank that fell into the northern Puget Sound two weeks ago on the way to a BP refinery near Ferndale, Wash.  More »
(AP file photo/Alastair Grant)

Betting on BP’s bankruptcy? That’ll cost you $9.80.

Event prediction site Intrade says the chance for a BP bankruptcy has fallen to 0.2 percent, lower than the chance for an alien discovery by NASA this year.  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)

BP: Rig partner liable for own punitive damages

BP wants to shield itself from having to compensate Halliburton for punitive damages, fines and penalties the cement contractor may face for its role in the deadly 2010 rig explosion and oil spill in the Gulf of Mexico.  More »
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, Transocean execs face charges on Brazil leak

Chevron, the operator of the Brazilian offshore well that triggered oil leaks, said it will “vigorously defend” executives threatened with criminal indictments in the South American nation.  More »
A Libyan man works at a refinery inside the Brega oil complex on Saturday Feb. 26, 2011.  (AP Photo/Hussein Malla)

Kazakhstan oil-halt threat similar to Libya for JBC Energy

A halt to oil production in Kazakhstan, where riots left at least 14 people dead over the weekend, would have a similar impact on crude prices as the conflict in Libya, according to researchers at JBC Energy GmbH and Global Risk Management.  More »
(AP file photo/Sue Ogrocki)

Valero tax break rejection a ‘gift’ for schools

Texas environmental regulators have rejected Valero Energy Corp.’s request for a tax break that cities, counties and school districts feared would lead to devastating cuts to their budgets.  More »
(Photo: David Paul Ohmer/Flickr)

FuelFix Newslinks |12.22.11|

Betting on BP’s bankruptcy? Put your money on it. Chevron faces indictments over offshore leaks. Are electric cars losing their spark?  More »
Oil is seen on the creek water's surface near an illegal oil refinery in Ogoniland, outside Port Harcourt, in Nigeria's Delta region. A region of Nigeria's oil-rich southern delta suffers widespread ecological damage as spilled oil seeps into its drinking water, destroys plants and remains in the ground for decades at a time, according to a UN report. (AP Photo / Sunday Alamba)

Shell oil spill off Nigeria likely worst in decade

An oil spill near the coast of Nigeria is likely the worst to hit those waters in a decade, a government official said today, as slicks from the Royal Dutch Shell PLC spill approached the southern shoreline.  More »
Children play in a river where oil pipes run above the surface in Ecuador's Sucumbios province. (AP file photo/Dolores Ochoa)

Chevron calls for investigation of Ecuador ruling

Chevron Corp. urged Ecuador’s authorities to investigate the conduct of plaintiffs’ lawyers and a judge who handed down an $18 billion decision in an oil pollution case.  More »
(AP file photo/Grand Forks Herald, Eric Hylden)

Spectra, Chesapeake, AEP plan pipeline from Utica shale

Spectra Energy Corp. plans to spend about $500 million in Ohio to expand shipping capacity on its Texas Eastern pipeline system to handle rising natural-gas production from the Utica and Marcellus shale formations.  More »