Fuel Fix

Site preparation has already begun for construction of Chevron Phillips Chemical’s new ethane cracker at its Baytown facility. (Chevron Phillips Chemical)

Sasol approves plan for $8.1 billion ethane cracker near Lake Charles

The project is driven by the abundance of low-cost ethane and natural gas in the U.S., which has prompted many chemical makers to beef up their U.S. facilities.  More »
The Gunnison Sage-Grouse located in Utah and Colorado is known for its elaborate mating ritual, which has the male strutting and flapping his wings in a showy display. Like the greater sage-grouse species, the gunnison sage-grouse requires large expanses of sage brush. (Photo: U.S. Fish and Wildlife Service)

Sage grouse classification could affect Colorado, Utah oil and gas development

The Fish and Wildlife Service has decided whether to classify the bird species as “threatened,” but only a few now know the verdict.  More »
Huntsman posted higher third-quarter earnings despite an unplanned outage at its Port Neches plant. ( Brett Coomer / Chronicle )

Huntsman posts higher earnings despite Texas plant outage

The company attributed the increase to growing demand for key products, including textile dyes and chemicals and a specific kind of polyurethanes.  More »

(Ken Childress)

Carrizo snaps up Eagle Ford acreage for $250M

The debt-funded deal closed late last week, but Carrizo said it is scheduled pay the bulk of the purchase price by February.  More »
(Cody Duty / Houston Chronicle)

Williams Cos. offers better terms for merger

Under the deal, Tulsa, Oklahoma-based Williams will bring Oklahoma City-based Access Midstream Partners LP under the Williams Partners LP name.  More »
FRANCE-ECONOMY-ENERGY-OIL-FUEL-GAS-AUTO-FILES

U.S. gasoline falls to lowest since 2010, Lundberg says

Oil has fallen by 24 percent from this year’s peak in June.  More »
(Olivier Douliery/Abaca Press/MCT)

Keystone foes energized as price pinches oil sands allure

TransCanada Corp. proposed the pipeline in September 2008 when oil was more than $100 a barrel.  More »
(AP Photo/ Louis Lanzano)

Oil speculators bet wrong as rebound proves fleeting

After rising as analysts speculated prices had reached a floor, WTI sank again after stockpiles climbed nationally.  More »
ALCS Citgo Sign

Citgo not for sale, Venezuela says

Venezuela has ruled out selling its U.S.-based refining subsidiary Citgo Petroleum Corp, Finance minister Rodolfo Marco Torres told Caracas-based El Universal newspaper in an interview published Sunday.  More »
Oil prices have fallen 20 percent this year (Patrick T. Fallon/Bloomberg)

A lot’s changed since 1980s, but lower oil prices still cause unease

Oil prices have fallen this year, and that’s causing people in the oil capital to remember a much deeper slump 30 years ago.  More »
(StockMonkeys.com/Flickr)

Blackfeet urge government to cancel energy leases

Blackfoot tribal leaders from Canada and Montana are calling on the U.S. government to cancel oil and gas leases on sacred land near Glacier National Park, as a lawsuit works its way through the federal courts.  More »
(AP Photo/The Bakersfield Californian, Casey Christie)

Berkshire Hathaway railroad adds surcharge on older oil tank cars

The railroad operator the first major U.S. operator using fees to encourage shippers to scrap the puncture-prone older cars.  More »
Emilio Lozoya Austin, chief executive officer of Petroleos Mexicanos (Pemex), pauses during a session on day three of the World Economic Forum (WEF) in Davos, Switzerland, on Friday, Jan. 24, 2014. (Chris Ratcliffe/Bloomberg)

Pemex loss widens as private investment nears

Falling oil prices and declining production drove the loss, executives told investors on a Friday conference call.  More »
Express Energy Services CEO Darron Anderson is pictured in front of the Spire Rig #1, a drilling rig at the Express University facility in Houston.

Apollo buys Houston oil field firm

Apollo Global Management is diving deeper into U.S. shale oil and gas with the purchase of one of the largest private companies in Houston.  More »
A worker walks through Lyondell Chemical's complex  in Channelview, Texas. (AP fiel photo/David J. Phillip)

LyondellBasell profits climb 48 percent

The international chemical giant continued to capitalize on cheap raw materials cost while taking advantage of a tight U.S. market for ethylene.  More »
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