Energy

• More airlines report losses because of fuel costs
  AP ( 22, 2008)
  NEW YORK (AP) - The losses keep piling up for airlines, as three of the nation's biggest carriers said Tuesday high fuel costs overwhelmed higher revenue in the quarter that ended June 30.
   
  
• Booming oil means record 2Q sales for Halliburton
  AP ( 22, 2008)
  HOUSTON (AP) - Halliburton's second-quarter profit fell about 67 percent from a year ago, when it recorded a nearly $1 billion gain from its split with former subsidiary KBR, but the oilfield services provider posted record revenue and said prospects look good for the remainder of 2008.
   
  
• GM, utilities join to study electric car impact
  AP ( 22, 2008)
  SAN JOSE, Calif. (AP) - General Motors Corp. has joined with more than 30 utility companies across the U.S. to help work out electricity issues that will crop up when it rolls out new electric vehicles in a little more than two years.
   
  
• Fun at the pump? TV entertains, distracts
  AP ( 22, 2008)
  MIAMI (AP) - In the midst of a cruel summer for America's drivers, there's a diversion: TV at the gas station.
   
  
• Chinese oil giant Sinopec warns of profit fall
  AP ( 18, 2008)
  BEIJING (AP) - Chinese oil giant Sinopec says its first-half profit will fall more than 50 percent from the same period last year due to government controls that limit its ability to pass on record-high crude costs to consumers.
   
  
• Park tests hybrid buses in McKinley's shadow
  AP ( 18, 2008)
  ANCHORAGE, Alaska (AP) - For years, visitors wanting to see Denali National Park's grizzly bears, moose, sheep and caribou have had to ride school buses that polluted the air and spoiled the tranquillity with their noisy, carbon dioxide-spewing diesel engines.
   
  
• Oil prices rebound above $131 after 3-day drop
  AP ( 18, 2008)
  (AP) - Oil prices rose above $131 a barrel Friday as news of an output cut in Nigeria helped to halt the sharp decline in prices that began three days ago.
   
  
• Brazil oil strike negotiations stall
  AP ( 17, 2008)
  SAO PAULO, Brazil (AP) - Negotiations between striking Brazilian oil workers and state oil company Petrobras stalled late Wednesday with no immediate end of the walkout in sight.
   
  
• Gore sets energy goal for next president to heed
  AP ( 17, 2008)
  WASHINGTON (AP) - Just as John F. Kennedy set his sights on the moon, Al Gore is challenging the nation to produce every kilowatt of electricity through wind, sun and other Earth-friendly energy sources within 10 years, an audacious goal he hopes the next president will embrace.
   
  
• Dems try to spur oil exploration on available land
  AP ( 17, 2008)
  WASHINGTON (AP) - Seeking to blunt GOP efforts to permit oil exploration off the Atlantic and Pacific coasts, House Democrats are pushing legislation they say would spur drilling on already available lands in Alaska, the West and the western Gulf of Mexico.
   
  
• Cleveland-Cliffs to buy Alpha for nearly $10B
  AP ( 16, 2008)
  COLUMBUS, Ohio (AP) - Cleveland-Cliffs Inc. said Wednesday it will buy coal producer Alpha Natural Resources Inc. for nearly $10 billion in cash and stock, positioning the iron and coal miner to better supply a global steel industry clamoring for fuel to feed its mills.
   
  
• Suez shareholders approve GDF merger
  AP ( 16, 2008)
  PARIS (AP) - Shareholders of Suez SA voted in favor of combining with Gaz de France on Wednesday in a deal aimed at creating one of Europe's biggest energy companies.
   
  
• Jailed Russian oil tycoon asks for parole
  AP ( 16, 2008)
  MOSCOW (AP) - Jailed former oil tycoon Mikhail Khodorkovsky filed a request for parole Wednesday and his lawyer challenged Russia's new president to follow through on promises to uphold the rule of law.
   
  
• TNK-BP's CEO faces fresh visa woes
  AP ( 16, 2008)
  MOSCOW (AP) - TNK-BP CEO Robert Dudley's ability to remain in Russia appeared in doubt Wednesday after migration authorities demanded a copy of a new contract before giving him a new visa.
   
  
• Oil prices plunge more than $10 a barrel
  AP ( 15, 2008)
  NEW YORK (AP) - Oil prices tumbled Tuesday as U.S. stocks sold off amid worries about the nation's economic health.
   
  
• Report: Gov't tardy securing radioactive material
  AP ( 15, 2008)
  WASHINGTON (AP) - The government is taking too long to secure radioactive materials across the country that could get into terrorists' hands, according to a government report.
   
  
• Bush calls on Congress to act on housing, energy
  AP ( 15, 2008)
  WASHINGTON (AP) - President Bush said Tuesday the nation's troubled financial system is "basically sound" and urged lawmakers to quickly enact legislation to prop up mortgage giants Fannie Mae and Freddie Mac.
   
  
• Shell Canada offers to buy Duvernay Oil
  AP ( 14, 2008)
  NEW YORK (AP) - Royal Dutch Shell PLC on Monday offered to buy Canada's Duvernay Oil Corp. for 5.19 billion Canadian dollars ($5.16 billion) in cash, in a move to nearly double its North American natural gas production.
   
  
• Russia blasts oil majors on production
  AP ( 14, 2008)
  MOSCOW (AP) - Three of Russia's oil projects, which all have foreign participation, failed to achieve oil production targets in 2007, Russia's Audit Chamber said Monday.
   
  
• Bush pushes Congress to allow oil drilling
  AP ( 11, 2008)
  WASHINGTON (AP) - President Bush prodded Congress on Friday to allow oil drilling in offshore waters and in the Alaskan wildlife refuge, citing "tough economic times" for the American people.
   
  
• Chevron projects strong 2Q despite refining loss
  AP ( 11, 2008)
  SAN FRANCISCO (AP) - Chevron Corp. on Thursday projected a second-quarter loss from refining and selling fuel despite record-high gasoline prices that have been draining household and business budgets.
   
  
• Court rejects Bush's signature air pollution rule
  AP ( 11, 2008)
  WASHINGTON (AP) - A federal appeals court unanimously struck down a signature component of President Bush's clean air policies Friday, dealing a blow to environmental groups and likely delaying further action until the next administration.
   
  
• $4 gas may help rural towns as shoppers stay local
  AP ( 009, 2008)
  THOMASVILLE, Ala. (AP) - Residents in once-sleepy Thomasville have started complaining about traffic jams on Route 43, which runs right through the town.
   
  
• Pelosi: Tap emergency oil reserve to lower prices
  AP ( 009, 2008)
  WASHINGTON (AP) - House Speaker Nancy Pelosi called on President Bush to release oil from the government's emergency reserve to knock down gasoline prices she says "are helping push the economy toward recession."
   
  
• ConocoPhillips 2Q production falls as planned
  AP ( 008, 2008)
  HOUSTON (AP) - ConocoPhillips says its global production declined in the second quarter as expected. Meanwhile, prices for crude oil and natural gas have continued to soar.
   
  
• Costly gas crimps surfers' style, roils industry
  AP ( 007, 2008)
  SAN CLEMENTE, Calif. (AP) - For years, Chris Mauro took a 10-mile detour on his way to work each morning to check out the swells at his favorite surf bre
   
  
• China National bids $2.5B for Awilco Offshore
  AP ( 007, 2008)
  HONG KONG (AP) - China National Offshore Oil Corp.'s oil-services company said Monday it will offer about $2.5 billion for Norway's Awilco Offshore ASA.
   
  
• Paulson: no quick fix for oil price
  AP ( 003, 2008)
  LONDON (AP) - U.S. Treasury Secretary Henry Paulson warned Thursday that rising oil prices are likely to prolong the world economic slowdown.
   
  
• Experts: EU, US must reconsider biofuel policy
  AP ( 003, 2008)
  BRUSSELS, Belgium (AP) - Europe and the U.S. must reconsider their biofuel policies because of rising food prices around the world, aid officials and food policy experts said Thursday.
   
  
• Energy experts puzzled over oil prices
  AP ( 002, 2008)
  MADRID, Spain (AP) - As crude soared to a new record, the head of the International Energy Agency declared that the world was in the grip of an "oil shock," and the president of OPEC acknowledged he could not say whether prices would flatten out or continue to soar.
   
  
• Western govs hope to sway future energy policy
  AP ( 002, 2008)
  TETON VILLAGE, Wyo. (AP) - Citing a lack of federal leadership, the nation's Western governors want to draft a national energy policy they hope will influence the next presidential administration.
   
  
• British truckers protest fuel prices in London
  AP ( 002, 2008)
  LONDON (AP) - Hundreds of truckers drove to Britain's Parliament on Wednesday to protest the rising cost of fuel.
   
  
• Airlines try to hedge against soaring fuel costs
  AP ( 001, 2008)
  DALLAS (AP) - The computer screen on Scott Topping's desk at Southwest Airlines flickered with row after row of dates and numbers, but they had nothing to do with arrivals and departures.
   
  
• Groups seek drilling halt near sage grouse habitat
  AP ( 001, 2008)
  BILLINGS, Mont. (AP) - Two conservation groups have asked the federal government to impose new restrictions on oil and gas development in the West to protect the greater sage grouse, a popular game bird on the decline.
   
  
• Court makes electric rate challenge difficult
  AP ( 26, 2008)
  WASHINGTON (AP) - The Supreme Court on Thursday made it difficult for utility companies to successfully challenge costly, long-term energy supply contracts negotiated during the West Coast energy crisis seven years ago.
   
  
• Mexico calls for reducing production of ethanol
  AP ( 26, 2008)
  MEXICO CITY (AP) - Mexico's agriculture secretary says ethanol production is bankrupting cattle and poultry farmers and causing food prices to hit record highs around the world.
   
  
• Thieves target farm diesel supplies as prices soar
  AP ( 26, 2008)
  LORENZO, Texas (AP) - With the price of diesel skyrocketing, farmers and ranchers around the country are being targeted by ne'er-do-wells armed with syphon hoses and pumps.
   
  
• Oil spill ruling leaves Alaska victims stunned
  AP ( 26, 2008)
  ANCHORAGE, Alaska (AP) - Mike Lytle, a third-generation fisherman from the coastal village of Cordova, said many residents there were walking around stunned, shaking their heads.
   
  
• Gas prices fuel drop in car owner satisfaction
  AP ( 26, 2008)
  DETROIT (AP) - Drivers of new cars were less satisfied with their vehicles this year for the first time in at least five years due mainly to rising fuel prices, according to an annual survey released Thursday.
   
  
• Court slashes judgment in Exxon Valdez disaster
  AP ( 25, 2008)
  WASHINGTON (AP) - The Supreme Court on Wednesday slashed the $2.5 billion punitive damages award in the 1989 Exxon Valdez disaster to $500 million.
   
  
• Report sees big jump in energy, fossil fuel use
  AP ( 25, 2008)
  WASHINGTON (AP) - Despite persistently high oil prices, global energy demand will grow by 50 percent over the next two decades with continued heavy reliance on environmentally troublesome fossil fuels, especially coal and oil, the government predicted Wednesday.