Fuel Fix

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Salazar: Drilling and conservation can go hand in hand

Interior Secretary Ken Salazar got a close-up look at oil drilling in the booming Bakken formation Monday and Tuesday, as his department prepares to unveil new rules for wells on federal lands.  More »
Wild Well Control's Randy Kubota uses a model to explain the company's emergency oil spill containment system. (Photo: Dave Rossman/For the Houston Chronicle)

Houston-based Wild Well hired to help Total with North Sea gas leak

Houston-based Wild Well Control has been contracted to control the natural gas leak in the North Sea at Total’s Elgin platform.  More »
A woman fills up her SUV at a California gas station. (Photo: FREDERIC J. BROWN/AFP/Getty Images)

Gasoline pump price steady but more increases coming

Benchmark U.S. crude fell $1.22 to end the day at $104.01 per barrel in New York.  More »
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Gas prices are expected to hold steady in Texas over the holiday weekend. (AP Photo/Alex Brandon)

Where you buy gasoline might impact how much you pay

Gasoline prices might be edging to all-time highs in Houston, but some gas stations are selling unleaded fuel for nearly 30 cents below the city’s $3.88 average.  More »
(AP Photo/Keith Srakocic)

U.S. shale fuels record-high M&A activity in unconventional oil and gas

A record $75 billion was spent worldwide on deals involving unconventional oil and gas assets, according to a report by research firm IHS.  More »
House Natural Resources Committee chairman Rep. Doc Hastings, R-Wash, leads a committee hearing. (AP Photo/Kevin Wolf)

Republican hits Interior with subpoena over drilling ban

Rep. Doc Hastings, R-Wash., issued his first subpoena to the Interior Department for documents that he contends could shed light on how the Obama administration justified its five-month deepwater drilling moratorium following the 2010 BP oil spill.  More »

Icahn says CVR Energy bid draws majority of shares

Billionaire investor Carl Icahn said Tuesday that a majority of CVR Energy Inc. shares have been tendered in support of his hostile takeover bid for the oil refiner.  More »
(AP file photo/Marco Garci)

Tesoro Logistics purchases terminal for $75 million

‘Pipeline partnership Tesoro Logistics LP has purchased Tesoro Corp.’s crude oil marine terminal in northern California from refiner Tesoro Corp. for $75 million, the two companies announced Monday.  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)

Petrobras warns may be liable in $11 billion Chevron case

Petroleo Brasileiro SA (PETR4), Brazil’s state-controlled oil producer, may be liable for 30 percent of any damages Chevron Corp. (CVX) must pay in relation to a November spill off Rio de Janeiro’s coast.  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)

W.Va. couple sues Chesapeake over fouled well

Two Northern Panhandle residents are suing Chesapeake Appalachia LLC over well water contamination they believe was caused by natural gas drilling.  More »
Total headquarters outside Paris. (AP file photo/Jacques Brinon)

Total weighs stake in gas pipeline to Europe from Caspian Sea

Total SA (FP), Europe’s third-largest energy company, may join a pipeline to carry Caspian natural gas across Turkey as the European Union seeks to cut dependence on Russian fuel.  More »
One of EnCana's SAGD oilsands operations located near Christina Lake.

Encana in play as Petronas seeks natural gas

Malaysia’s bid to secure natural gas supplies in Canada is turning Encana Corp. (ECA) and Talisman Energy Inc. into two of the industry’s cheapest targets.  More »