Fuel Fix

A BP company logo sits on display on the forecourt of a gas station operated by BP in London. (Chris Ratcliffe/Bloomberg)

BP asks Texas judge to dismiss UK suits

Attorneys for BP asked a federal judge on Friday to dismiss UK investors seeking damages in Texas for the Deepwater Horizon disaster.  More »
Charif Souki, CEO of Cheniere Energy, was 2013's top-paid public company CEO in Houston and the nation. (James Nielsen / Houston Chronicle )

Cheniere to ‘reassess’ bonus plan for its CEO

Cheniere, based in Houston, gave CEO Charif Souki a $142 million compensation package in 2013,  More »
Yellow oil barrels

U.S. oil trades around $102 a barrel

Oil prices are under pressure from a downgraded growth forecast from the International Monetary Fund.  More »
The sun sets over the Mackinac Bridge and the Mackinac Straits as seen from Lake Huron. (AP Photo/Al Goldis)

Michigan officials want more supports beneath oil pipes

Enbridge Energy Partners LP was put on notice following the company’s acknowledgement it was partly out of compliance with an agreement dating to 1953, when the pipelines were laid in the Straits of Mackinac.  More »
A new study says the U.S. should work faster to upgrade aging natural gas utility lines. At the current pace, pipeline replacement will take 30 years, the study says.

Houston praised, some others panned, for gas pipeline maintenance

An alliance of labor unions and environmentalists says in a new report that the U.S. should expedite repairs to aging municipal gas pipelines.  More »
An oil & gas drilling rig works in the Eagle Ford Shale formation.
(Galbraith: Natural Gas)
Eddie Seal for The Texas Tribune

Texas’ oil and gas industry expands to near-record levels

The Texas oil and gas industry is approaching records set in the 1970s, according to the latest Texas Petro Index.  More »
(Photo: freegreatpicture.com)

LA company to acquire Houston upstream partnership in $1.6 B deal

The merger of Houston’s QR Energy and Los Angeles-based Breitburn Energy Partners will create a combined enterprise that the companies say will be the nation’s largest upstream-focused master limited partnership.  More »
Weatherford posted larger second-quarter losses as revenues slumped.
Photographer: Eddie Seal/Bloomberg

Weatherford shares rise on mixed Q2 report

Weatherford International posted larger second-quarter losses as revenues declined from operations in the Middle East, North Africa and Asia, the company reported Thursday.  More »
A rig works in the Marcellus Shale, the largest U.S. shale-gas basin. (Andrew Harrer/Bloomberg)

Noble’s profits drop amid shale boost

Noble Energy’s profits fell 49 percent in the second quarter on a $187 million loss on commodity derivatives, even as higher production in its U.S. shale plays bolstered sales.  More »
A fire burns at Red River Supply in an industrial part of Williston, N.D., in the early hours of Tuesday.   (AP Photo/Josh Wood)

Officials say Williston fire burned chemicals

A North Dakota health official says air quality tests at the site showed levels “that would not raise concern.”  More »
Yellow oil barrels

Oil gains on sharp drop in U.S. supplies

Oil for September delivery gained 73 cents to $103.12 a barrel.  More »
Tank cars carrying oil and other materials travel through the nation's capital. (Jennifer A. Dlouhy / Houston Chronicle)

Feds unveil proposed new safety rules for crude-carrying trains

Tank cars that carry crude oil across the United States would have to meet stringent new standards to improve safety and make them more resilient in an accident under proposed new rules unveiled by the U.S. Department of Transportation on Wednesday.  More »
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