The announcement comes as the Interior Department plans a host of new lease sales in 2012 and mulls regulations that would require disclosure of hydraulic fracturing fluids used on public lands and could boost the 12.5 percent royalty rate. More »
A top federal official said that the Interior Department is committed to giving Shell Oil Co. a firm answer on its Alaska offshore drilling applications, with plenty of time to spare should the company’s application be approved. More »
FuelFix.com is your daily must-read source for news and analysis on the energy business. Anchored by business reporters at the Houston Chronicle and other Hearst newspapers, FuelFix incorporates blogs by energy experts, market updates, useful data and a real-time summary of the top ideas, hottest stories and latest news.