Fuel Fix

A series of LED lights developed by Soraa is tested in the company's optical laboratory. (Photo: John Sebastian Russo / Special to the Chronicle)

Fremont’s LED startup says price point is right

The light source in Eric Kim’s hands is just 6 millimeters across and, once powered up, almost blindingly bright.  More »
(Photo: NuStar Energy)

Former AGE boss settles complaint

After months of legal wrangling, Glen Gonzalez, the former CEO of AGE Refining Inc., has settled a multimillion lawsuit that was filed against him in November 2010 by a federal bankruptcy trustee.  More »
The Ensco 8501 semi-submersible rig in the Gulf of Mexico (Jennifer A. Dlouhy/Houston Chronicle)

Quantum Energy forms renaissance to acquire U.S. offshore oil

Quantum Energy Partners, the $6.5 billion Houston-based private-equity firm, is bankrolling a company to acquire offshore U.S. oil fields as rival explorers shift attention to shale and other so-called unconventional prospects.  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)

Geoscientists call for honest dialogue on fracking

Better industry oversight, an honest dialogue with the public about controversial drilling methods and a clearer explanation from companies about how clean, natural gas can be extracted from wells drilled hundreds of feet underground is desperately needed from energy companies, two geoscientists said Tuesday.  More »

Statoil earnings surge on higher oil, gas prices

Norwegian oil company Statoil ASA said today its profits soared in the fourth quarter on higher oil and gas prices and a one-time gain from the sale of a stake in a gas transportation company.  More »
Mark Cleland, from Austintown, Ohio, participates in a protest outside Wells Academy/Steubenville High School Tuesday, Feb. 7, 2012, in Steubenville, Ohio. Gov. John Kasich is expected to highlight the themes of education and shale gas drilling in his State of the State address Tuesday. (AP Photo/Tony Dejak)

Ohio governor: Drilling, environment compatible

Ohio doesn’t need to choose between a developing shale energy industry and a clean environment, Gov. John Kasich told state lawmakers in his State of the State address Tuesday at a top-performing school.  More »
The Trans-Alaska pipeline (Photo: BP)

Alaska Senate plans generic oil tax bill, at first

The Alaska Senate is planning to unveil a generic oil tax bill this week, leaving to the committee process the job of finding problems in the proposal and working out solutions.  More »
Iranian lawmakers attend an open session of the parliament, Tehran, Iran, Wednesday, Feb. 8, 2012. More than two-thirds of Iran's lawmakers have endorsed a statement calling for cutting off oil sales to the European Union before EU sanctions on their country go into effect. (AP Photo/Vahid Salemi)

Iranian MPs call for EU oil embargo

More than two-thirds of Iran’s lawmakers have endorsed a statement calling for cutting off oil sales to the European Union before EU sanctions on their country go into effect.  More »

Judge OKs sale of Beacon Power to equity firm

A Delaware bankruptcy judge on Tuesday approved a private equity firm’s $30 million offer for an alternative energy company that failed despite a $39 million government loan.  More »
Photo: Timothy A. Clary/AFP/Getty Images

BLM oil, gas auction in Wyoming raises $22 million

An auction of oil and gas leases on federal land in Wyoming has raised about $22.1 million.  More »
(Photo: David Paul Ohmer/Flickr)

FuelFix Newslinks |02.08.12|

Risk and stealth paid off in Eagle Ford shale. Sierra Club faces gas-cash fallout. Energy industry dollars flow to Romney.  More »

Risk and stealth paid off in Eagle Ford shale

In one 15-minute meeting, the stage was set to transform land in La Salle County that was known more for deer hunting and rattlesnakes into one of the best shale plays in the country.  More »
Interior Secretary Ken Salazar speaks at an energy roundtable Feb. 9, 2011 in Washington, D.C. (Photo by Alex Wong/Getty Images)

Lawmakers ask feds to consider new waters in offshore plan

A group of 182 lawmakers, almost all Republican, asked Interior Secretary Ken Salazar (pictured) on Tuesday to consider opening new offshore waters for oil-and-gas drilling in its five-year offshore leasing plan  More »
Demonstrators march with a replica of a pipeline during a protest of Keystone XL at the White House on Sunday, Nov. 6.  (AP Photo/Evan Vucci)

House panel clears Keystone XL bill, setting up showdown

A Republican-controlled House committee easily cleared a bill Tuesday that would approve the Keystone XL oil pipeline, sending it to the House floor where Republicans will try to wrap it into other legislation.  More »
Royalties from oil production on state lands is pushing Texas' Permanent University Fund toward a record $1 billion in annual revenue. (AP Photo/Hasan Jamali)

Peak oil scare fades as shale, deep-water wells gush crude

When Daniel Lacalle, in his early 20s, took a job with Spanish oil company Repsol YPF SA in 1991, friends chided him for entering a field with no future. “They all said, ‘Why do you want to do that? Don’t you know only 20 years of oil is left in the whole world?’” he recalls.  More »