Fuel Fix

A sign near the entrance marks Petrobras America's Ship Channel refinery, operated as Pasadena Refining System Inc. (Photo: Petrobras America)

Brazil energy giant buys $1.2B of pain in Texas

At least four federal investigations in Brazil are currently looking into Petrobras’ purchase of a Texas refinery and the decisions of officials including President Dilma Rousseff, the Petrobras chairman at the time of the purchase.  More »
Wind turbines stand behind a solar power park on Oct. 30, 2013 near Werder, Germany. (Sean Gallup/Getty Images)

Environmental regulator: Renewable energy is ‘unreliable and parasitic’

Oil, gas and coal production have boosted living conditions around the globe, and policies to effectively replace the fossil fuels “with inferior energy sources” could undermine those improvements, former Texas environmental regulator Kathleen Hartnett White argues.  More »
(AP Photo/J. Scott Applewhite)

Bill to approve Keystone XL advances in Senate

A key Senate committee voted 12-10 Wednesday to endorse legislation that would force approval of Keystone XL, a mostly symbolic action that will do little to put the pipeline in the ground but could help the panel’s Democratic chairwoman, Mary Landrieu, in her reelection bid.  More »
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(AP file photo/Paul Sakuma)

Shell to sell shares in US pipeline unit amid energy boom

Royal Dutch Shell Plc will sell shares in a U.S. pipeline business in the second half of this year as Europe’s largest oil company takes advantage of investor appetite for North America’s energy infrastructure.  More »
(Photo: Fotolia)

Oil price creeps toward danger point for global economy

A spike in the price of crude historically has foreshadowed economic slumps and economists are worrying anew after the price touched its highest in nine months, above $113 a barrel, amid fresh violence in Iraq,  More »
An abandoned watchtower and lines of barbed wire are seen surrounding Iraq's largest oil refinery as smoke rises from a petroleum gas flare, in the city of Beiji, north of Baghdad. (AP Photo/Ivan Sekretarev, File)

Insurgents capture largest Iraq oil refinery

Abhishek Deshpande, oil markets analyst at Natixis, discusses the capture of Iraq’s largest oil refinery by ISIL insurgents and how it impacts oil production in Iraq and the global oil market.  More »
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Bizarre sea creature caught on Gulf rig camera (video)

Scientists believe they have identified the strange creature spotted on footage from an underwater oil rig camera in the Gulf of Mexico.  More »
A Gunnison Sage Grouse. (AP Photo/Colorado Parks and Wildlife, Dave Showalter)

Threatened bird leads feds to block some drilling

The federal government is declaring more than 400,000 acres in Colorado and Utah off-limits to energy exploration to protect a little-known bird.  More »
Tugboats pull an LNG tanker to Cheniere Energy's Sabine Pass terminal in 2008. (Nick De La Torre / Houston Chronicle)

Cheniere: Revoking high executive payout would be detrimental to company

Cheniere Energy and its executives asked a Delaware court late Monday to throw out a shareholder lawsuit that challenged $1.7 billion in stock awards, including most of CEO Charif Souki’s pay last year.  More »
Kurt Mix (center) arrives at the Hale Boggs Federal Building in New Orleans, Tuesday, Dec. 3, 2013.  (AP Photo/Jonathan Bachman)

Feds want time to decide on retrial for former BP engineer

Prosecutors said Tuesday that deciding whether to appeal Duval’s order will take time and will require involvement of top Justice Department officials.  More »
Canadian Prime Minister Stephen Harper. (AP Photo/The Canadian Press, Adrian Wyld)

Canada OKs oil pipeline to the Pacific Coast

Prime Minister Stephen Harper has been a staunch supporter of Enbridge’s proposed Northern Gateway pipeline after the U.S. delayed a decision on TransCanada’s Keystone XL pipeline,  More »
A pump jack pulls crude oil from the Bakken region of the Northern Plains near Bainville, Mont. (AP Photo/Matthew Brown)

North Dakota oil production surpasses 1 million barrels per day

North Dakota’s oil production surpassed 1 million barrels per day in April for the first time in history, according to preliminary state data released Tuesday.  More »
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