A thick cloud of fog and morning light engulfs wind turbines at the BP Sherbino Mesa II Wind Farm in Fort Stockton. ( Michael Paulsen / Houston Chronicle )

Answers about tax credit are still blowin’ in the wind

The extension of a tax credit for wind energy production changes eligibility requirements, and leaves some questions to be answered.
Categories: Wind
Phillips 66's Bayway Refinery is located on the New York Harbor in Linden, N.J. (Phililps 66)

Phillips 66 moving Bakken oil by rail in $1B deal

Phillips 66 has begun shipping crude by rail from North Dakota to a refinery in New Jersey in an effort estimated at more than $1 billion.
Targa Resources is provider of midstream natural gas and NGL services. Targa employees are working at the Galena Park terminal. Photo: NA / HC

Targa Resources expands on Houston Ship Channel

A partnership controlled by Targa Resources is pumping $25 million into an expansion on the Houston Ship Channel that it expects will boost its logistics and export capabilities.
Solar panels are installed in Arlington, Ariz.  (AP Photo/Ross D. Franklin, File)

Silicon glut costly for CPS partner

The financial performance of the parent company of OCI Solar Power, which leads the consortium selected by CPS Energy to build its massive solar power project, deteriorated significantly between 2011 and 2012, regulatory filings show.
Categories: Solar

Tesoro will convert Hawaii refinery to a terminal

Tesoro is converting its Kapolei Refinery in Hawaii into a terminal, then will put it up for sale.
Categories: General, Refining
The South Texas Project nuclear power plant near Bay City can generate 2,700 megawatts of electricity.(John Davenport / San Antonio Express-News)

Brief fire prompts shutdown of reactor at Bay City nuke plant

One of the South Texas Project’s nuclear reactors was shut down after a transformer fire Tuesday, but the reactor was not damaged, a plant spokesman said.
Categories: Nuclear
A drilling rig stands over a natural gas well near Interstate 70 west of Rifle, Colo. (AP Photo/David Zalubowski)

Deloitte report boosts natural gas exports

A study concludes that U.S. natural gas prices would rise about 15 cents per million British thermal units by 2030 if exports are allowed.
Categories: LNG, Natural gas
A Coast Guard MH-60 Jayhawk helicopter crew hoists crew members from the Shell's mobile drilling unit Kulluk in 15- to 20-foot seas 80 miles southwest of Kodiak City, Alaska on Saturday, Dec. 29, 2012. (Photo: Coast Guard Petty Officer 1st Class Sara Francis)

Feds order Arctic drilling probe after rig accident

The federal government has opened a probe into the grounding of Shell’s Arctic drilling rig Kulluk, and investigation that could set back the company’s multibillion-dollar effort to explore in Alaska’s Chukchi and Beaufort seas.
(Buster Dean/Houston Chronicle)

Oil production to grow at fastest rate ever

With rising crude production, gasoline prices are expected to drop from $3.63 per gallon of regular in 2012 to $3.34 in 2014, according to the federal projections.

Tradition Midstream moves into U.S. shale fields

Tradition Midstream LLC said it has secured $100 million in equity financing to develop midstream assets in shale plays across North America.