Fuel Fix

Enterprise Products proposes $6B buyout of crude transporter Oiltanking

A plant operator at a fractionation plant run by Enterprise Products Partners in Mont Belvieu. (Thomas Shea photo)
Enterprise Product Partners said Wednesday that it had acquired the general partner of Houston-based crude transporter and also proposed a merger for a total $6 billion deal. More »
(Matthew Lloyd/Bloomberg)

U.S., U.K. securities suits against BP move forward

BP failed to persuade a Texas federal judge to dismiss several lawsuits brought by U.S. and U.K. institutional investors who claim the London oil company misled them about the impact of the Deepwater Horizon oil spill.  More »
In this July 28, 2014 photo, Rick Huffstutlar walks through a pasture at his home with wind turbines in the background in Calumet, Okla. A decade ago, states offered wind-energy developers an open-armed embrace, envisioning a bright future for an industry that would offer cheap electricity, new jobs and steady income for large landowners. Today, many of the same political leaders who initially welcomed the wind industry want to regulate it more tightly.   (AP Photo/Sue Ogrocki)

Oklahoma reconsiders wind subsidies as industry power grows

Now that wind turbines stand tall across many parts of the nation’s windy heartland, some leaders in Oklahoma and other states fear their efforts succeeded too well, attracting an industry that gobbles up huge subsidies, draws frequent complaints and uses its powerful lobby to resist any reforms.  More »
Energy Secretary Ernest Moniz, center, gives IHS vice chairman Daniel Yergin the first James R. Schlesinger Medal for Energy Security during a ceremony in Washington, D.C. At left, Deputy Energy Secretary Daniel Poneman, reads an inscription.

Yergin: Energy security is more than just strong supply

Daniel Yergin, an oil and gas expert whose 1990 book “The Prize” is still considered required reading for anyone who wants to understand the industry, on Wednesday won government recognition for helping to illuminate the mysteries of energy policies, politics and production.  More »
Noble Energy will drill exploration wells off the coast of the Falkland Islands, the company announced Wednesday.

Noble Energy plans Falkland Islands exploration wells

Noble Energy will resume exploration drilling in the Falkland Islands next year, the company announced Wednesday, following evaluation of seismic imaging over its 10 million acres off the cost of the islands east of Argentina.  More »
A Baker Hughes Inc. drilling bit is displayed at the Hart Energy DUG Eagle Ford Shale conference in San Antonio, Texas, U.S., on Wednesday, Sept. 18, 2013.  (Eddie Seal/Bloomberg)

Baker Hughes will officially disclose fracturing chemicals

Baker Hughes says it has finished a six-month process of negotiating with its suppliers to reveal all of the chemicals it uses in its hydraulic fracturing, a well-stimulation technique that has drawn the ire of environmentalists and some communities.  More »
Yellow oil barrels

Crude prices recover as Saudi Arabia cuts production

The worst is over for global oil prices, according to UBS AG and Barclays Plc.  More »
Jim Ratcliffe, left, the founder of Ineos, released an open letter lamenting the European petrochemical industry's inability to compete with chemical companies in the United States. (ED Jones/AFP/Getty Images)

U.S. petrochemical renaissance sows worry in Europe

European chemical companies face greater pressure to rethink they way they do business in if they want to compete against U.S. petrochemical plants, which have been buoyed by the shale boom.  More »
Ed Hirs, managing director of Hillhouse Resources, LLC and an energy economist at the University of Houston, participated in a debate on energy independence at the University of Houston on Sept. 30, 2014. (University of Houston photo)

Best path to U.S. energy security? Depends who you ask

Weaning the United States from crude shipped from overseas requires new policy solutions and a shift in thinking, but whether that means incentivizing oil and gas companies to drill more or investing in renewable energy depends on the perspective.  More »
An oil  train goes through Bakersfield, Calif.  (AP Photo/The Bakersfield Californian, Casey Christie)

Oil industry wants 7-10 years to phase out tank cars

Leading oil industry trade groups on Tuesday told federal regulators that proposed regulations to boost the safety of transporting crude by trains need to be phased in more slowly and should not mandate tank cars with extra-thick shells.  More »
(Mayra Beltran / Houston Chronicle)

Exxon fracking report responds to shareholders

Under pressure from the corporate responsibility group As You Sow, Exxon agreed earlier this year to reveal more about how it manages the risks involved with the drilling technique, known as fracking.  More »
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