Oil hovers near $77 on US economy, crude demand (AP)

Eric Theriault, of Cash Energy Co., makes a heating oil delivery Tuesday, July 27, 2010 in Portland, Maine. According to the U.S. Energy Information Administration, heating oil prices are expected to climb gradually this winter with no wild price spikes projected. (AP Photo/Joel Page)AP - Oil prices hovered near $77 barrel Thursday in Asia amid signs of a slowing U.S. economy and weak demand for crude.


North China gas well fire burning for nearly week: Xinhua (Reuters)

Reuters - A natural gas well operated by Shaanxi Yanchang Petroleum Group has been burning for nearly a week since drilling in the well caused gas to leak out and explode, Xinhua reported on Thursday.

Senate energy bill draws widespread criticism (Reuters)

Senate Majority Leader Harry Reid, D-Nev., center, with Sen. John Kerry, D-Mass., left, and Director of the White House office of Energy and Climate Change Policy Carol Browner, talk to the media on Capitol Hill in Washington Thursday, July 22, 2010. Senate Democrats abandoned plans to pass an energy bill that caps emissions of carbon dioxide, saying Republicans refuse to support the measure.(AP Photo/Alex Brandon)(AP Photo/Alex Brandon)Reuters - Republicans and some moderate Democrats in the Senate on Wednesday began picking apart a new energy bill that they complained goes too far in holding oil companies responsible for accidents like the massive Gulf of Mexico spill.


100 days of oil: Gulf life will never be the same (AP)

In this photo taken May 22, 2010, Plaquemines Parish President Billy Nungesser tours marshes impacted by the Deepwater Horizon Oil Spill in Pass a Loutre and Redfish Bay along the coast of Lousiana. (AP Photo/Gerald Herbert)AP - A hundred days ago, shop owner Cherie Pete was getting ready for a busy summer serving ice cream and po-boys to hungry fishermen. Local official Billy Nungesser was planning his wedding. Environmental activist Enid Sisskin was preparing a speech about the dangers of offshore drilling.


EPA reviewing air pollution rules for oil, gas (AP)

AP - Federal air pollution standards for the oil and gas industry are sorely outdated amid ramped up drilling, leaving thousands of emissions sources “under the radar,” citizens groups said Wednesday.

Crews take step toward readying permanent well fix (AP)

Cypress trees killed by saltwater intrusion are seen in wetlands near Houma, La., Wednesday, July 28, 2010. Environmentalists are calling on the White House to speed up the restoration of the oil-damaged Mississippi River delta by getting BP PLC to pay $5 billion now for environmental damage caused by the spill. (AP Photo/Patrick Semansky)AP - Crews took another step toward readying the relief well expected to finally kill the Gulf of Mexico oil gusher, removing the plug they had popped in before clearing the area ahead of Tropical Storm Bonnie last week, federal officials said Wednesday.


At least 12 dead in blast at China factory (Reuters)

Local residents carry a man injured during an explosion at a plastics factory in Nanjing, Jiangsu province, July 28, 2010. REUTERS/China DailyReuters - At least 12 people died and 15 were seriously injured on Wednesday after an explosion at an abandoned plastics and chemicals factory in the eastern Chinese city of Nanjing, state television said.


US Republicans assail trimmed Democratic energy plan (AFP)

Ships assist in clean up and containment near the source of the BP Deepwater Horizon oil spill on July 27. US Senators feuded Wednesday over whether oil firms should have to pay for all economic damages from spills like the Gulf of Mexico disaster, a dispute that could sink a pared-back energy bill.(AFP/Getty Images/File/Chris Graythen)AFP - US Senators feuded Wednesday over whether oil firms should have to pay for all economic damages from spills like the Gulf of Mexico disaster, a dispute that could sink a pared-back energy bill.


Conoco Q2 surges as refining buoys Big Oil (Reuters)

Reuters - ConocoPhillips , the third-largest U.S. oil company, reported a 150 percent increase in underlying quarterly profit, in a dramatic bounceback of its volatile refining business.

Gulf cleanup will change once oil stops for good (AP)

Cypress trees killed by saltwater intrusion are seen in wetlands near Houma, La., Wednesday, July 28, 2010. Environmentalists are calling on the White House to speed up the restoration of the oil-damaged Mississippi River delta by getting BP PLC to pay $5 billion now for environmental damage caused by the spill. (AP Photo/Patrick Semansky)AP - The government’s point man for the Gulf spill says he’s planning to meet with coastal parish officials to talk about what’s next now that the oil has stopped flowing.