Fuel Fix

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GDP report helps send crude price up

U.S. gross domestic product grew at a 4.2 percent annualized rate last quarter.  More »

Calpine to sell Florida facility to Duke Energy

Calpine Corp. has agreed to sell a Florida power plant to Duke Energy, but the companies have not yet finalized the terms of the deal, a Calpine spokesman said.  More »
oil and gas by rail

More oil moving on rails, EIA says

The amount of crude oil and refined petroleum products moving on U.S. railroads has increased by 9 percent so far through July compared to the same period last year, according to a review U.S. Energy Information Administration.  More »

Noble announces Gulf of Mexico discoveries

Noble Energy has found oil and gas at two wells drilled deep in the Gulf of Mexico, the company reported Thursday.  More »
Shell used the drillship Noble Discoverer for its 2012 drilling in the Chukchi Sea north of Alaska.  (Jennifer A. Dlouhy / The Houston Chronicle)

Shell formally launches 2015 Arctic drilling bid

Shell’s campaign to resume Arctic drilling in 2015 took a major step forward Thursday, as the company gave federal regulators a broad drilling blueprint that lays out plans for boring new exploratory oil wells in the Chukchi Sea. It is the strongest evidence yet that the company will keep pursuing a big discovery in the U.S. Arctic, after a mishap-plagued 2012 exploration campaign ended with the grounding of a drilling rig and a $200 million writeoff.  More »
The United Kalavryta, shown here in the Gulf in late July, remains anchored about 60 miles off Galveston's coast. (Courtesy: U.S. Coast Guard)

Tanker reappears on tracking system, and it’s still in the area

A tanker of oil at the center of a dispute between Kurdistan and Iraq apparently is still in Galveston-area waters despite two days of absence from maritime tracking systems.  More »
The growth of renewable energy could slow unless the industry gets more certainty about policies surrounding them, the International Energy Agency said in a new report. (Sean Gallup/Getty Images)

Policy uncertainty could undermine future of renewables, agency says

Power generation from renewable resources like wind, solar and hydroelectricity could slow unless policymakers offer more clarity about future markets, according to a report.  More »
A BP company logo sits on display on the forecourt of a gas station operated by BP in London. (Chris Ratcliffe/Bloomberg)

Fire out after BP Whiting refinery explosion

An explosion and fire occurred late Wednesday at BP’s biggest U.S. refinery in Whiting, Indiana, but appears to have left no serious injuries.  More »
Occidental Petroleum Corp. employees and  guests, including Gov. Rick Perry, Rep. Tom Craddick, Mayor Jerry Morales and others help turn the dirt during a  ground breaking ceremony for Occidential's Midland office complex.
(Tim Fischer\Reporter-Telegram)

Occidental breaks ground on Midland complex

MIDLAND — Occidental Petroleum officials and employees gathered earlier this week with local- and state-elected officials — including Gov. Rick Perry — to break ground for the company’s Midland office. Mayor Jerry Morales began the event, welcoming participants and citing not only Occidental’s job creation but its contributions to the community — from schools to […]  More »
Glenn Legge, a partner at Houston law firm Legge, Farrow, Kimmitt, McGrath & Brown, specializes in commercial litigation areas including energy and insurance coverage.

Cyberattacks on energy companies create new insurance needs

A Houston litigator whose specialties include insurance issues says cyberattacks are presenting energy companies with new insurance needs.  More »
A rig works in the Marcellus Shale. (Andrew Harrer/Bloomberg)

Plenty of pluck left in the Marcellus, report says

The Marcellus region is now the biggest natural gas shale play in the world, and there’s still about $90 billion to be made by tapping the area’s reserves, according to a study by energy analyst group Wood Mackenzie.  More »
Yellow oil barrels

Gasoline futures fall before Labor Day

West Texas Intermediate crude settled little changed.  More »