Energy

Energy

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  Energy Secretary Chu to step down

  Energy Secretary Steven Chu, who won a Nobel Prize in physics but came under questioning for his handling of a solar energy loan, is stepping down. 

• Oil up on US jobs report; gas jumps most in 2 yrs

  Commuters and day-trippers may do a double-take at the gas station after the biggest one-day pop in pump prices in nearly two years. The nationwide ... 

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  Oil bottleneck gives Rockies cheaper gasoline

  A boom in domestic oil drilling has helped lower U.S. gasoline prices, though the steepest drops have missed California commuters, Midwestern farmers ... 

• Nigeria lawmaker charged over alleged bribery

  A Nigerian lawmaker who led a probe into the nation's fuel subsidy program that saw billions of dollars lost through fraud has been charged with ... 

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  Decimated Ga. plant a symbol of storm's power

  For Darleen Evans, it was sheer terror as the manufacturing plant where she worked collapsed around her and her colleagues. She and two other women ... 

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  Gasoline prices get early start on spring surge

  Gasoline prices are getting an early start on their annual spring march higher. The average U.S. retail price rose 13 cents over the past two weeks ... 

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  Shell earnings rise in Q4 on refining turnaround

  Royal Dutch Shell PLC said Thursday it plans to continue investing aggressively in new projects in the coming years, as it sees a bright future for ... 

• Areva sales rise as nuclear business picks up

  France's state-controlled nuclear giant Areva says its revenue grew 5.3 percent last year as the nuclear business picked up and moved past the ... 

• Oil rises near $98 even as US economy contracts

  Oil finished near $98 Wednesday, maintaining the momentum that has driven it to four-month highs and pushed up prices at the pump. A report that ... 

• Kinder Morgan Energy buying Copano for $3.2B

  Kinder Morgan Energy Partners will acquire the natural gas company Copano Energy LLC for about $3.2 billion in stock, giving the energy transportation ... 

• Chesapeake's embattled CEO McClendon to retire

  Aubrey McClendon, the brash and embattled CEO of Chesapeake Energy Corp., will leave the company he founded 24 years ago amid philosophical ... 

• Caterpillar sees uncertain 2013 after tough 4Q

  Caterpillar said on Monday that its 2013 profit could shrink if the world's economy doesn't pick up in the second half of the year, as mining ... 

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  US stocks close mixed on uneven economic signals

  U.S. stocks meandered between small gains and losses Monday, cooling off after a rally that had pushed the Standard & Poor's 500 index above 1,500 for ... 

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  Billions in gas drilling royalties transform lives

  Private landowners are reaping billions of dollars in royalties each year from the boom in natural gas drilling, transforming lives and livelihoods ... 

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  Coal decline hits fuel's Western stronghold

  Hundreds of millions of tons of coal, packed into seams up to 60 feet thick, are still to be had beneath the rock-strewn hillsides speckled with snow ... 

• Halliburton 4Q tops Wall Street expectations

  Halliburton's net income for the fourth quarter fell 26 percent because of a decline in North America, where drilling activity slowed and the company ... 

• Court says EPA overestimates biofuels production

  A federal appeals court has ruled that the Environmental Protection Agency is overestimating the amount of fuel that can be produced from grasses, ... 

• Oil posts slight loss; gasoline up to $3.33

  The price of oil fell slightly Friday as a report showing a cooling off in new home sales offset the positive influence of ebullient U.S. 

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  NASA testing vintage engine from Apollo 11 rocket

  Like vinyl records and skinny ties, good things eventually come back around. At NASA, that means looking to the Apollo program for ideas on how to ... 

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  Buoyed by Obama, leaders press for climate action

  Hurricanes, floods, droughts and a newly climate-conscious Barack Obama are helping boost efforts around the world to fight climate change. 

• Cyprus signs gas drilling deal with consortium

  Cyprus signed a deal on Thursday allowing a consortium of foreign companies to drill for natural gas off the island's southern coast. 

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  Japan reports record $78.3B trade deficit in 2012

  Japan's trade deficit rose to a record 6.93 trillion yen ($78.3 billion) in 2012 as fuel imports surged and a bitter territorial dispute with China ... 

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  53 senators urge approval of Keystone XL pipeline

  More than half the Senate on Wednesday urged quick approval of the Keystone XL oil pipeline, ramping up pressure on President Barack Obama to move ... 

• New pipeline attack shows Nigeria unrest spreads

  Thick plumes of smoke rose into the sky and fire danced across the fuel-slicked waters surrounding the Nigerian pipeline, another attacked and ... 

• Siemens earnings down 12 percent in its Q1

  Earnings at industrial conglomerate Siemens AG declined 12 percent in the October-December quarter after the company took charges at its transport ...