Fuel Fix

Williams Cos. Chairman and CEO Alan Armstrong (NAPE)

Williams CEO: Politics, not prices, slowing natural gas pipeline development

Alan Armstrong said the decline in prices hasn’t changed the need for pipelines  More »
President Barack Obama arrives at TransCanada's pipe yard in Cushing, Okla., in 2012. The southern leg of Keystone XL did not require State Department approval. (AP Photo/Pablo Martinez Monsivais, File)

House sends Keystone XL bill to Obama

Keystone’s backers on Capitol Hill do not have enough House and Senate votes to override President Barack Obama’s threatened veto.  More »
Henderson Rengifo, president of the Interethnic Association for Development of the Peruvian Jungle participates in a press conference in Lima on Feb. 5 concerning protests against Pluspetrol Oil Co. (AFP PHOTO/CRIS BOURONCLECRIS BOURONCLE/AFP/Getty Images

Peru anti-oil protest leaves 1 dead, 22 wounded

Protesters were repelled after entering part of a military base used by the Argentina company Pluspetrol in the Junin state town of Pichanaki.  More »
(Ryan Holeywell)

C&J Energy profits triple but CEO sees tough year ahead

The growth, C&J CEO Josh Comstock said in a written statement, came despite falling oil prices. But that could change in the first quarter.  More »
Jack Gerard, CEO of the American Petroleum Institute, speaks at a Houston Chronicle editorial board meeting June 18, 2013.

U.S. should lift export ban despite possible impact on crude prices, API chief says

It’s not clear whether proposed changes to 40-year-old oil export ban will make much progress this year, whether by the Obama Administration or the Republican-controlled Congress.  More »
(AFP/Getty Images)

Oil ship explosion in Brazil kills three, union says

The Unified Oilworkers Federation said in a statement on its website that the blast was caused by a gas leak in the engine room of the vessel.  More »
TransCanada chief executive Russ Girling  speaks at the company's investor day in Toronto. (SeongJoon Cho/Bloomberg)

TransCanada CEO: Other companies watching what happens on Keystone

Midstream energy companies seeking to build pipelines will want more “clarity” about the regulatory process before they plunk down capital for the projects, TransCanada CEO Russ Girling said.  More »
(AP Photo/U.S. Geological Survey, S.A. Sonsthagen)

Oil drilling banned in Arctic area that attracts walrus

“This administration has effectively declared war on Alaska,” U.S. Sen. Lisa Murkowski said.  More »
Photographer: Jay LaPrete/Bloomberg News

U.S. crude inventories continue to soar

U.S. commercial crude oil inventories are now at their highest level for this time of year in at least 80 years, the U.S. Energy Information Administration said in a weekly update Wednesday.  More »
(Photo by Eddie Seal for Bloomberg News)

EIA: U.S. crude oil production will approach record level in 2016

In the face of slower crude oil demand growth, many analysts say oil prices won’t start to rise significantly until U.S. producers slow down their production.  More »
Russ Girling, President and CEO of TransCanada Corporation, speaks at a press event at the pipe yard for TransCanadaÕs Houston Lateral Project in Mont Belvieu, Texas, about 30 miles east of Houston on Wednesday, March 5, 2014. The Houston Lateral Project, which will transport oil to Houston refineries, will become an integrated component of the Keystone Pipeline system. (Bloomberg Photo/Scott Dalton)

TransCanada fights EPA’s Keystone claims

Regulators trying to judge the carbon footprint of the Canadian crude that would flow through the Keystone XL pipeline should compare it to heavy oils from Mexico, Venezuela and Saudi Arabia, said the Calgary-based company seeking to build the project.  More »
(Johnny Hanson/Houston Chronicle)

FMC Technologies to cut about 2,000 jobs

The Houston-based equipment maker is just the latest to cut back on jobs after a collapse in crude oil prices.  More »
Iranian President Hassan Rouhani pauses before delivering the country's draft budget to the parliament speaker at the parliament in Tehran, Iran, Sunday, Dec. 7, 2014. (AP Photo/Vahid Salemi)

Iran nuclear deal must end all sanctions, Rouhani tells rally

Rouhani said on Wednesday that since taking office in 2013 his government had been able to escape a “dead end” in its relations with the outside world  More »
(Alexander Klein/AFP via Getty Images)

OPEC producers cut oil prices to Asia in battle for market share

The cuts come after Saudi Arabia, the largest crude exporter, reduced pricing to Asia last week to the lowest in at least 14 years.  More »
(Carolyn Mary Bauman /Fort Worth Star-Telegram)

Wind company paying first dividend since 2003 in industry rebound

After slashing 3,000 jobs since 2011 and closing a third of its factories to survive a plunge in turbine prices, Vestas today reported its first full-year profit since 2010.  More »
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