Fuel Fix

(Andrew Burton/Getty Images)

IEA: Oil glut could still grow in second half of 2016

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The 13-member OPEC raised its daily output by 280,000 barrels in January as Saudi Arabia, Iran and Iraq bolstered production.

IEA: Oil glut could still grow in second half of 2016

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(Andrew Burton/Getty Images)
The 13-member OPEC raised its daily output by 280,000 barrels in January as Saudi Arabia, Iran and Iraq bolstered production.
A Chesapeake Energy storage tank near Dilley, Texas. (Pat Sullivan/AP)

Chesapeake Energy rebounds after denying bankruptcy plans

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The Oklahoma City oil and gas producer has some $11.6 billion in debt and a $500 million note due next month, according to regulatory filings.

A handful of corn is shown before it is processed at the Tall Corn Ethanol plant in Coon Rapids, Iowa. (AP file photo/Charlie Neibergall)

Oil industry loses legal battle against E15

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The Supreme Court on Monday dealt a big blow to the oil industry, when it decided not to hear a legal challenge against the federal government’s decision to approve the sale of fuel containing 15 percent ethanol.

PBoC breaks silence over cash crunch

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China’s central bank speaks out about the credit crunch that saw interbank lending rates hit double digits, calling on big lenders to do more to restore calm
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Drumbeat: June 24, 2013

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Supreme Court could consider suit to block sales of high-ethanol gas blend
The American Petroleum Institute, the oil industry’s chief lobbying group, has asked the Supreme Court to block sales of E15. The court could decide as soon as Monday whether to…
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Curtis Burton faces a takeover fight for the company he founded in 2006. ( Karen Warren / Houston Chronicle )

Small oil company’s shareholder fight has international reach

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Two investor groups claim that Buccaneer has lost its way, beset by delays and cost overruns as it pursued an ambitious drilling program in Alaska’s Cook Inlet and on the Kenai Peninsula. Buccaneer Energy founder Curtis Burton is fighting to stay on the board.

Dell rejects ‘inconsistent’ Icahn bid

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Group’s independent committee throws its weight behind founder Michael Dell’s buyout offer, accusing activist investor Carl Icahn of inconsistency
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Kabel Deutschland accepts Vodafone offer

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UK mobile and telecoms operator offers €7.7bn for German cable company that provides telephone, broadband and TV services to 8.5m homes
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A sign advertising no ethanol gasoline available at a station in Oklahoma City. A high blend of ethanol gasoline, E15, which contains 5 percent more ethanol than the 10 percent norm sold at most U.S. gas stations, is sold in just 20 stations in six Midwestern states. Sales could spread as the Obama administration considers whether to require more ethanol in gasoline; it's cheaper and cleaner but it could damage older cars and motorcycles. And American Petroleum Institute, the oil industry's powerful lobbying group, has asked the Supreme Court to block it's sale. The Court may decide as soon as Monday, June 24, 2013, whether to hear the case.  (AP Photo/Sue Ogrocki)

Boost for cars or bust? Ethanol debate heats up

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It’s a dilemma for drivers: Do they choose a gasoline that’s cheaper and cleaner even if, as opponents say, it could damage older cars and motorcycles?
Categories: Gasoline
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U.S. gasoline falls to $3.5969 a gallon in Lundberg Survey

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The average price for regular gasoline at U.S. pumps fell 4.16 cents in the past two weeks to $3.5969 a gallon, according to Lundberg Survey Inc.
Categories: Gasoline
(Photo: Steve Snodgrass/Flickr)

Couple pleads guilty in Los Alamos nuclear secrets case

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A husband and wife who worked as contractors at the Los Alamos National Laboratory in New Mexico have pleaded guilty after being accused of trying to leak U.S. nuclear secrets.
Categories: Nuclear
A train leaves the company's crude oil loading terminal near Epping, ND. The percentage of North Dakota oil shipped by pipelines has slipped in the past year as producers preferred rail to reach coastal U.S. refineries that pay premium prices based on foreign crude. The North Dakota Pipeline Authority Director says rail shipments made up three-fourths of the record 794,000 barrels of oil produced daily in April, 2013. (AP Photo/Rangeland Energy, LLC, File)

Trains full of North Dakota oil heading to PNW

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Trains full of North Dakota crude oil are chugging toward the Pacific Northwest.
Categories: Crude oil
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)

Rendell criticizes Dems over anti-fracking stance

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Former Gov. Ed Rendell on Friday criticized Pennsylvania Democrats over their “ill-advised” call for a moratorium on fracking.

Mandela’s health remains critical

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President Zuma visited the liberation hero on Sunday and was told by the medical team that he ‘had become critical over the past 24 hours’
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