Fuel Fix

Berkshire Hathaway Chairman and CEO Warren Buffett uses a super large bat as he plays table tennis against junior champion Ariel Hsing, outside the Berkshire-owned Borsheim's jewelry store, in Omaha, Neb., Sunday, May 2, 2010. Tens of thousands came to Omaha over the weekend to take part in the annual Berkshire Hathaway shareholders meeting.(AP Photo/Nati Harnik)

Warren Buffett pulls back on oil company investments

Warren Buffett showed the energy industry his gloomy side in the second quarter.  More »
Photo: Timothy A. Clary/AFP/Getty Images

14 companies bid for western Gulf leases

Federal officials on Wednesday will open sealed bids from 14 companies vying for new oil and gas leases in the western Gulf of Mexico.  More »
BHP Billiton CEO Andrew Mackenzie speaks at the IHS CERAWeek energy conference in Houston on March 4. (Mayra Beltran/Houston Chronicle)

BHP plans asset split, posts $13.8 billion profit

“Our operational performance continued to improve,” said CEO Andrew Mackenzie.  More »
Canadian Transportation Safety Board Chair Wendy Tadros, right, and TSB Chief Operating Officer Jean Laporte, address the media during a news conference Tuesday in Lac-Megantic, Quebec, where the board released its report on the deadly Lac-Megantic train derailment in July 2013.  (AP Photo/The Canadian Press, Paul Chiasson)

Investigators release Quebec train disaster report

Wendy Tadros said 18 factors played a role, including a rail company that cut corners and a Canadian regulator that didn’t do proper safety audits.  More »
Natural Resource Partners LP will acquire Philadelphia-based VantaCore Partners LP, which has sand, gravel and asphalt businesses across the country, for $205 million (Flickr/pikkuanna)

Houston’s NRP buys construction materials business for $205 million

Natural Resource Partners LP, a Houston-based master limited partnership that buys and manages mineral reserves, will acquire Philadelphia-based VantaCore Partners LP for $205 million, it announced Tuesday.  More »
Oil Barrels

West Texas crude at 7-month low

September crude dropped 2 percent while October decreased 1 percent.  More »
Cleanup is underway near the Beckjord Power Plant, in New Richmond, Ohio, after an estimated 5,000 to 8,000 gallons of fuel oil spilled into the Ohio River, closing about a 15-mile section of the waterway southeast of Cincinnati, on Tuesday. (AP Photo/The Cincinnati Enquirer, Amanda Rossmann)

Fuel oil spills into Ohio River

Duke Energy said the spill occurred during a fuel transfer and lasted 10 to 15 minutes before it was stopped.  More »
A surge in natural gas motor fuels helped boost Texas sales tax revenue in the first half of 2014, the state reported. (Craig Hartley/Bloomberg)

Texas sees surge in tax revenue from natural gas motor fuels

As more consumers embrace natural gas vehicles, Texas is seeing a surge in sales tax revenue, more than double what the state was expecting to collect by mid-year.  More »
A member of Exxon Mobil's cleanup crew is reflected in water and oil in a drainage ditch along State Highway 365 in Mayflower, Ark., Monday, April 1, 2013. (AP Photo/Log Cabin Democrat, Courtney Spradlin)

Feds boosting oil spill liability limits

The Coast Guard moved Tuesday to boost the liability limits capping how much companies must pay for oil spills that foul U.S. waters.  More »
Weaning the U.S. from foreign oil (Ken Childress/EOG Resources)

Texas price gap widens as oil production rises

A backlog of Permian Basin oil sent the price of crude in Midland $19 below the U.S. benchmark during Tuesday trading morning and $21 dollars below by the end of the day, the widest gap on records that stretch back to 1991.  More »
The U.S. Department of Energy awarded $55 million to 31 projects, including two overseen by Texas research firms, to improve improve vehicle fuel efficiencies. ( Johnny Hanson / Chronicle )

Texas research groups to study clean vehicle technology

Two Texas research groups landed government grants to study new technologies that improve fuel efficiency and reduce costs as part of the Obama administration’s promotion of clean vehicles.  More »
A male sage grouse performs  his "strut." (AP Photo/Rawlins Daily Times, Jerret Raffety, File)

Conservationists: Collaboration can protect grouse and drilling

The best way to protect the greater sage grouse while keeping drill bits turning in Western states is for environmentalists and oil companies to work together on safeguarding the bird’s habitat, conservationists said Monday.  More »
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