Fuel Fix

An Iranian oil worker repairs a pipe at an oil refinery in Tehran, Iran. The latest U.S. sanctions to be imposed on Iran have not only unveiled the depth of the country's economic woes, but exposed new fault lines within the government just two months before parliamentary elections that should bolster the control of the ruling clerics. (AP Photo/Vahid Salemi, File)

Iran talks won’t halt oil sanctions, Societe Generale says

Negotiations to halt Iran’s nuclear-enrichment program will probably fail, setting the stage for full implementation of U.S. and European Union sanctions against the nation’s oil exports, Societe Generale SA (GLE) said.  More »
(AP file photo/Paul Sakuma)

Shell raises bid for Cove Energy to $1.8B

Royal Dutch Shell PLC has increased its bid for Britain’s Cove Energy PLC, which has assets in Kenya, Tanzania and Mozambique, to around $1.8 billion in cash.  More »
Oil pumps work at sunset Monday, Jan. 2, 2012, in the desert oil fields of Sakhir, Bahrain, in the Persian Gulf. (AP Photo/Hasan Jamali)

Official: Iran oil industry safe after cyberattack

An Iranian official says the country’s oil industry is working well despite an attack from hackers and a computer virus that targeted the sector’s computer systems.  More »
(Photo: David Paul Ohmer/Flickr)

FuelFix Newslinks |04.24.12|

Natural gas discovery might fuel tension in South China Sea. How much is actually in the U.S.? And politicians have mixed response to Sabine Pass approval.  More »
A man on a bus holds up a banner reading in Spanish "Today with Cristina we recovered YPF" during a demonstration in support of a bill proposed by Argentina's President Cristina Fernandez outside the government house in Buenos Aires, Argentina, Monday, April 16, 2012. Fernandez on Monday proposed a bill to expropriate 51 percent of the shares of YPF oil company that is controlled by Spain's Repsol, moving ahead with the plan despite fierce opposition from Madrid. (AP Photo/Natacha Pisarenko)

Repsol threatens to sue firms that help Argentina

Spanish energy firm Repsol warned Monday that it would consider legal action against companies or investors that help Argentina exploit petroleum Repsol had planned to tap before its Argentine unit YPF was nationalized.  More »
OLD DO NOT USE  Jim Mulva, CEO of ConocoPhillips, talks with reporters in Houston. (Photo: Melissa Phillip, Houston Chronicle)

ConocoPhillips 1Q profit drops 3 pct

ConocoPhillips says first-quarter profit dropped 3 percent due to a decline in production following the sale of billions of dollars of assets.  More »
Welding crews lay pipelines in Texas to move oil and gas extracted from the Eagle Ford Shale to market. (John Davenport/San Antonio Express-News)

Drilling raises complex issues

The stories coming out of the oil fields in South and West Texas sound like tall tales: overnight wealth, billions in industry investment and an unbuilt hotel in Odessa that’s already booked for two years.  More »
The corporate logo at Apache Corp. headquarters in Houston. (AP file photo/Pat Sullivan)

Steffy: Apache again tries to silence an investor – but fails this time

Few companies have worked harder than Apache Corp. in recent years to silence the voices of their shareholders.  More »
A woman fills up her SUV at a California gas station. (Photo: FREDERIC J. BROWN/AFP/Getty Images)

After 4-month surge, gas prices start falling

The worst is over, for now. Gasoline prices are starting to fall.  More »
The Ensco 8501 semi-submersible rig in the Gulf of Mexico (Jennifer A. Dlouhy/Houston Chronicle)

Drilling in deep Gulf getting busy again

Drilling in the deep Gulf of Mexico is becoming robust two years after the oil spill that prompted a six-month moratorium on deep-water exploration, but more of the work now is left to large companies.  More »
Jess Burrow, left, and James Patterson, look over the damage caused outside the home of Joe and Mary Reneau when their chimney was toppled by Saturday's earthquake, in Sparks, Okla. (AP Photo/Sue Ogrocki)

Earthquake link not stopping Ohio wastewater wells

Earthquakes in northeastern Ohio linked to the injection of gas-drilling wastewater into the earth haven’t slowed applications for more injection wells.  More »
The sun shines over a Range Resources well site in Washington, Pa. (AP Photo/Keith Srakocic, File)

Fracking-linked earthquakes spurring state regulations

With scientific evidence emerging that wastewater from oil and gas drilling is the possible cause of earthquakes, states are adding new requirements for disposal wells.  More »