Fuel Fix

ConocoPhillips CEO sees spinoff Phillps 66 trading May 1

ConocoPhillips (COP), which plans to spin off its refining business, expects the new entity to begin regular trading May 1, Chief Executive Officer James Mulva said at a meeting with analysts and investors today.  More »
Oil gushes from BP's Macondo well in the Gulf of Mexico on July 12, 2010. (AP Photo/BP)

BP official seeks to avoid medical exam

A BP PLC well site leader on the Deepwater Horizon is appealing a judge’s order he undergo a medical examination before he can claim to be unfit to answer questions under oath about the deadly 2010 rig explosion that spawned the nation’s worst offshore oil spill.  More »
(AP Photo/Lynne Sladky)

Chevron: Fire at rig off Nigeria has stopped

A natural gas fire that killed two people and destroyed a Chevron Corp. rig off the coast of Nigeria has stopped on its own, the company said Tuesday, ending an ocean inferno that burned for 46 days.  More »
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(AP Photo/Mike Groll, File)

Cracks emerge in GOP over hydraulic fracturing

When it comes to the controversial gas drilling technique known as hydraulic fracturing, the Republican Party itself appears fractured — especially in the critical swing state of Ohio.  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)

KKR, Chesapeake collaborate on energy investment

Investment firm Kohlberg Kravis Roberts & Co. and Chesapeake Energy Corp. are teaming up to invest in mineral and royalty interests in key U.S. oil and gas basins.  More »
Alaska Gov. Sean Parnell addresses a rally on Wednesday, March 30, 2011 in Anchorage for legislation that would cut oil production taxes.  (AP file photo/Dan Joling)

Alaska Gov says his plan touts investment

Gov. Sean Parnell has a question for state senators who wonder about the commitment of oil companies to invest more in Alaska under his tax-cut plan: What commitments are you pursuing, or have you gotten, under the Senate plan?  More »
A fire engine douses reactor number 3 of the Fukushima Dai-ichi nuclear plant in northern Japan on March 18, 2011. (Photo: Japanese Ground Self-Defense Force/AFP/Getty Images)

Children wait for UN radiation study after Fukushima crisis

As five-year-olds charge through the corridors of a kindergarten in northeast Japan at lunchtime, teacher Junko Kamada says she is still unsure if their food is safe a year after the Fukushima nuclear accident.  More »
(Image: SunPower)

Ariz. GOP lawmakers want control of energy policy

Republican lawmakers are moving to grab control of energy policy from state utility regulators in a political turf fight over the future of Arizona’s solar power industry.  More »
(Photo: Julien Tromeur, Flickr)

Oil below $107 after US, Israel meet on Iran

Oil prices hovered below $107 a barrel today in Asia after U.S. and Israel leaders met to discuss growing tensions over Iran’s nuclear program.  More »
(Image: Fotolia)

Politics take center stage at CERA energy conference

Election-year debates over domestic energy production have made fossil fuels and green energy key partisan issues, political players said at the CERA Week conference.  More »
A contractor closes a valve on a tanker truck at a Range Resources hydraulic fracturing operation in Pennsylvania. (AP Photo/Keith Srakocic)

CERA: Shale boom puts spotlight on fracturing

A panel offered up recommendations for responsible development of shale gas resources in a way that would protect human health and the environment.  More »
James J. Mulva, chairman, president, and CEO of ConocoPhillips, speaking at CERAWeek 2010 at Hilton Americas Hotel Tuesday, March 9, 2010, in Houston.  Melissa Phillip / Chronicle )

ConocoPhillips expects $10 billion of asset sales in 2012

Most of the sales will be related to exploration and production this year, Chairman and Chief Executive Officer James Mulva said.  More »

U.S. energy boom kicks off CERA Week

The annual CERA Week Conference drew energy industry leaders to downtown Houston to discuss key issues surrounding the domestic energy boom and environmental concerns.  More »
(Photo: Fotolia)

Pump prices rise again, oil prices steady

OPIS chief oil analyst Tom Kloza said the average price could reach $4.25 per gallon by late March or April but the pace of the increase should slow.  More »

Democrats: Curb ‘excessive speculation’ to cut gas prices

Seventy Democratic lawmakers pressed the Commodity Futures Trading Commission on Monday to take action to curb oil-futures speculation they say has contributed to the rising price of gasoline.  More »