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From left: Thad Hill, CEO of Calpine Corp., Leo Denault, CEO and Chairman of Entergy Corp. and Pat Vincent-Collawn, President and CEO of PNM resources. (Billy Smith II/Houston Chronicle)

CERAWeek: Cheap fuel, solid economy will give Texas a break from rising rates

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Texas’ rate hikes will be eased thanks to economic growth that has boosted power demand in the state and along the Gulf Coast.
Rich Kinder, left, chairman and CEO of Kinder Morgan. (Melissa Phillip/Houston Chronicle)

Kinder Morgan CEO says to expect more acquisitions

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Kinder Morgan’s board said it would raise the dividend to 48 cents per share, up 14 percent from the prior year’s Q1 payout of 42 cents per share.
Dow Chemical Co. chairman and CEO Andrew N. Liveris, front, addresses his employees and honored guests during the announcement of Dow's new ethylene production plant at Dow Texas Operations, Thursday, April 19, 2012, on the Brazosport College campus in Lake Jackson. (Nick de la Torre/Houston Chronicle)

Dow Chemical, Olin in $5 billion cash-and-stock deal

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Dow has been under pressure from the hedge fund Third Point LLC to split its specialty chemical and petrochemical businesses.
(Ty Wright/Bloomberg)

Houston’s Dune Energy seeks bankruptcy protection

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Dune Energy, a Houston-based exploration and production company, filed for bankruptcy protection in federal court Sunday.
(AP Photo/The San Antonio Express-News, Bob Owen)

Hedge funds are losing faith in oil rally while inventory swells

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Oil producers are spending less, idling rigs and delaying wells to stem output that the government predicts will reach a four-decade high this year.
(Thomas Shea photo)

Enterprise Products, Anadarko, Markwest and DCP announce joint venture for NGL pipeline

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Under the terms announced, Enterprise will continue to own 55 percent of the line that connects to its processing and storage hub in Mont Belvieu, Texas.
Scott Sheffield, CEO of Pioneer Natural Resources, addresses the Permian Basin Chapter of Division Order Analysts during a luncheon Wednesday, Feb. 18, 2015 at the Petroleum Club.
James Durbin/Reporter-Telegram

Pioneer’s chairman and CEO: Exporting oil could equate to more jobs, production and investment

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Lifting the ban now would be less painful for consumers because if gasoline prices were to rise, the increase wouldn’t be as much, Scott Sheffield said.
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Fluor wins new work, will hold steady on jobs amid low oil prices

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Engineering and construction firm Fluor Corp.’s revenue fell in the fourth quarter, but its backlog grew faster even though oil companies and other customers are spending less amid low crude prices.
(Photographer: Daniel Acker/Bloomberg)

TransCanada profit beats estimates as Keystone leg comes online

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TransCanada’s oil shipments climbed as the company started deliveries last year from Oklahoma to Texas on its Gulf Coast line, the southern leg of the original Keystone XL proposal.
Sen. John Hoeven (AP Photo/J. Scott Applewhite)

Congress to postpone sending Keystone-pipeline bill to Obama

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Sen. John Hoeven of North Dakota, the chief Republican sponsor, told reporters Thursday it would be better if Congress was in town when President Barack Obama vetoes the bill “so attention is brought to it.”