Fuel Fix

(AP Photo/Mike Groll, File) As Denton considers fracking ban, the state's oil and gas regulator weighs in, calling the attempt "extremely misguided."

NC lawmakers lay out fracking plans this year

Republican lawmakers said Wednesday they expect to take a careful, measured approach to drafting state regulations for allowing a new method of natural gas drilling called fracking, but an existing ban on the activity in North Carolina is likely to remain until 2014 or later.  More »
OLD DO NOT USE  Jim Mulva, CEO of ConocoPhillips, talks with reporters in Houston. (Photo: Melissa Phillip, Houston Chronicle)

ConocoPhillips CEO received 7pct. raise in 2011

ConocoPhillips CEO and Chairman Jim Mulva received a 7 percent raise in pay in 2011, his final year at the helm of the Houston petroleum company.  More »
A worker walks past tanks at a PetroChina storage base in Suining, in southwest China's Sichuan province. (AP Photo)

Chinese firm surpasses Exxon in oil production

A big shift is happening in Big Oil: an American giant now ranks behind a Chinese upstart.  More »
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(AP Photo/Lynne Sladky)

Chevron, Merck disclose funding to 2010 attack-ad groups

Some secret donors who gave money to groups that paid for millions of dollars in attack ads during the 2010 midterm elections are becoming public.  More »
Shell's Arctic-class drill ship, the Kulluk, is shown as it is towed near Alaska. Shell is moving the Kulluk drilling unit from Dutch Harbor, Alaska, to a Seattle shipyard for ongoing maintenance and planned, technical upgrades. (Photo courtesy of Shell Oil Co.)

Memo details Alaska oil, gas industry lobbying

A new legislative memo suggests that about $2.2 million was spent on lobbying last year by the oil and gas industry and three affiliated organizations.  More »
Mickal Vogt of Covington, La., uses a stick to place tar balls in a jar that washed up on the shore in Orange Beach, Ala., Saturday, June 12, 2010. Large amounts of the oil battered the Alabama coast, leaving deposits of the slick mess some 4-6 inches thick on the beach in some parts. (AP Photo/Dave Martin)

Researcher finds dangerous bacteria in tarballs

Cova Arias usually studies oysters, not tarballs.  More »
(Photo: Julien Tromeur, Flickr)

Oil near $105 amid possible reserves release

Oil hovered above $105 a barrel today in Asia, capped by the possible release of crude reserves by Western nations.  More »
The Wednesday, March 28, 2012 aerial shot provided by Greenpeace shows Total's Elgin Wellhead Platform in the North Sea off the shore of Scotland. A two-mile exclusion zone has been set up around the offshore platform in the North Sea which has been evacuated after a gas leak, Tuesday, March 27, 2012. The leak on Total's Elgin PUQ platform, about 150 miles (241km) off the coast of Aberdeen, led to the evacuation of all 238 workers on Sunday. Photo: Martin Langer / Greenpeace

Activists worry over North Sea platform gas leak

Environmental groups warned Thursday they fear an oil spill could be triggered at a North Sea offshore platform that has been leaking highly pressurized gas since the weekend.  More »
(Photo: BFS Man)

Lawmakers target conflicting environmental, power reliability laws

A bipartisan group of lawmakers including three Texans introduced legislation today that seeks to fix what they view as a legally thorny conflict between environmental and electric reliability laws.  More »
Total headquarters outside Paris. (AP file photo/Jacques Brinon)

Total considers relief well to stem North Sea Elgin gas leak

Total SA is considering drilling a relief well to halt a natural-gas and condensate leak from its Elgin platform in the U.K. North Sea.  More »
This is an undated handout photo issued by Total E&P UK Ltd of Total's Elgin PUQ (Process/Utilities/Quarters)  platform. A two-mile exclusion zone has been set up around the offshore platform in the North Sea which has been evacuated after a gas leak, Tuesday, March 27, 2012. The leak on Total's Elgin PUQ platform, about 150 miles (241km) off the coast of Aberdeen, led to the evacuation of all 238 workers on Sunday. (AP Photo  / TOTAL E&P UK Ltd)

Total says no explosion risk in North Sea gas leak

A flare is still burning on the North Sea offshore platform that has been leaking gas for days, operator Total S.A. said Wednesday, though it claimed there was no threat of an explosion under current weather conditions.  More »
House Natural Resources Committee chairman Rep. Doc Hastings, R-Wash, leads a committee hearing. (AP Photo/Kevin Wolf)

Oil leaders, GOP allies, downplay administration’s seismic plans

The Obama administration’s announcement that it may allow seismic studies potentially paving the way for offshore drilling along the East Coast is political posturing designed to distract voters concerned about high gasoline prices, oil industry leaders and Republican lawmakers said today.  More »