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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.
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.
Sunoco said it will idle a suburban refinery and lay off about 490 employees because of deteriorating market conditions.
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.
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.
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.
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.
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.
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.
Price fell to $3.09, down from the $3.12 average from last week, according to AAA gas gauge. GasBuddy.com said the average price in Houston dropped to $3.08, down two pennies from last week.