Posts filtered on Tag

Houston Chronicle

Antelopes pass near a Shell drilling site in Rocky Mountains, Pinedale, Wyoming. (Photo: Shell Oil)

Wyo. coal-to-liquid plant lines up gasoline buyer

A company planning a long-awaited $2.7 billion coal-to-liquids plant in southeast Wyoming announced Thursday it had lined up a buyer for the gasoline that would be produced there.
Petroleos Mexicanos oil platforms in the Cantarell oil field in the Gulf of Mexico.  (Photo: Pemex/Bloomberg)

Mexico discovers gas reserves off Gulf coast

Deep-water drilling in the Gulf of Mexico has revealed reserves that could multiply Mexico’s production of natural gas, the country’s state oil company said.
A large sign is seen in the front Sunoco'S Eagle Point refinery in National Park, N.J. (AP Photo/Mel Evans)

Sunoco idles Pa. refinery, 490 layoffs expected

Sunoco said it will idle a suburban refinery and lay off about 490 employees because of deteriorating market conditions.
(AP photo)

Obama, Clinton to announce energy saving program

Enlisting former President Bill Clinton as a partner, President Barack Obama is announcing a $4 billion effort to increase the energy efficiency of government and private sector buildings, aiming for fuel savings and job creation at no cost to taxpayers.
(File Photo by James Nielsen/Getty Images)

Steffy: Why Enron is still with us

Business, like Houston, rarely uses a rearview mirror, so the anniversary of Enron’s bankruptcy filing, 10 years ago today, passes with a whiff of irony.
The Constitution spar in the Gulf of Mexico (Anadarko)

Anadarko announces Cheyenne East discovery in Gulf of Mexico

Anadarko Petroleum Corp. (APC), the largest U.S. independent oil and natural-gas producer by market value, found more gas than expected at its Cheyenne East project in the Gulf of Mexico.
This photo provided by the U.S. Fish and Wildlife Service shows a sand dune lizard in Chaves County, N.M., The sand dune lizard is one of the creatures that the advocacy group WildEarth Guardians believes should be emergency listed under the Endangered Species Act. The group has filed a lawsuit against the U.S. Interior Department, claiming the agency failed to take action on hundreds of species that had been petitioned for listing. (AP Photo/U.S. Fish and Wildlife Service, Michael T. Hill)

Sand Dune Lizard decision won’t be for six months

Oil and gas activity in West Texas could be hindered if the U.S. Fish and Wildlife Service adds the Sand Dune Lizard to the endangered species list.
(Photo: BFS Man)

ERCOT warns of possible rolling blackouts this winter, next summer

Last winter’s rolling blackouts in Texas and the summer’s near-blackouts could occur again in the coming year if extreme weather stresses the power grid more than normal, the state’s grid operator said Thursday.
(AP file photo/Alastair Grant)

BP selling Canada Gas unit to Plains Midstream

BP PLC said today it is selling its Canadian natural gas liquids business to Plains Midstream Canada, a subsidiary of Plains All American Pipeline, for $1.67 billion.

Gas prices edge closer to sub-$3 mark

Price fell to $3.09, down from the $3.12 average from last week, according to AAA gas gauge. said the average price in Houston dropped to $3.08, down two pennies from last week.