The billion-dollar legal battle among three oil and gas giants – Energy Transfer Partners, Enterprise Products and Enbridge – that went to trial last week sounds like a bitter divorce case, complete with accusations of a lovers’ triangle. More »
The idea to the lift the ban has drawn both interest and resistance in Congress, but midterm election politics may sour the congressional appetite to change the law this year. In a recent interview with FuelFix, Felmy argued the industry’s case for dismantling the ban. More »
Blue Dolphin, Valero Energy Corp., Kinder Morgan Inc. and others are trying to capitalize on the biggest boom in U.S. history by building new crude-processing equipment, reviving mothballed plants and opening new teapot refineries. More »
Schlumberger finished shutting down its Iranian business in the second quarter last year after losing $69 million and facing a U.S. probe into its activities in several sanctioned countries, regulatory filings show. More »
Texas should keep a 10.2 percent to 14.1 percent cushion of electric generation capacity, according to a report Friday that will inform and probably intensify a politically charged debate over the future of the state power market. More »
The State Department on Friday said the Keystone XL pipeline is unlikely to dramatically boost demand for Canada’s oil sands, delivering a verdict that angered environmentalists even as it gave President Barack Obama the evidence he needs to approve the controversial project. More »
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