Fuel Fix


Big blaze at Shell chemical plant in Netherlands

People across a wide area reported hearing blasts and could see flames soaring into the night sky.  More »
Windmills catch the breeze on Stetson Mountain, in Range 8, Township 3, Maine. Gov. Paul LePage is proposing, in the 2014 legislative session, to eliminate the wind energy generation goals in Maine law, which the administration says are unrealistic and must be strengthened to ensure.  (AP Photo/Robert F. Bukaty, File)

Tea Party group wants to kill wind tax credit

Waste in the Wind, a new group with Tea Party roots, is fighting efforts to restore a wind-production tax credit opponents say distorts energy markets by subsidizing generation that can’t stand on its own.  More »
Yellow oil barrels

Oil up slightly as U.S. supply data awaited

Energy demand from China was likely to stay solid as a second survey confirmed that China’s manufacturing improved last month.  More »
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The continent’s fivefold increase in solar and wind power in the past decade flooded electricity grids with power, displacing fossil fuels so fast that coal- and gas-dependent utility RWE AG lost money last year for the first time since 1949. (Krisztian Bocsi/Bloomberg)

Report: New efficiencies could ease strain on power markets

New measures to reduce electricity use could curb growth in Texas’ peak power demand by 40 to 50 percent over the next two decades, eliminating the need to build that capacity and lowering prices for ratepayers, a new report shows.  More »
Photo:  www.qcc.cuny.edu

Energy supply requires $40 trillion investment to 2035, IEA Says

More than half of that amount will be needed to compensate for declining output at mature oil and gas fields, and the remainder on finding new supplies to meet rising demand, the Paris-based agency said in a report Monday  More »
(Photo by Joe Raedle/Getty Images)

So far, summer demand hasn’t boosted pump prices

Gasoline prices in Texas and Houston are steady early in the summer driving season–almost unchanged from a week ago and 20 cents below the national average.  More »
In this Jan. 17, 2013 file photo, smoke is emitted from chimneys of a cement plant in Binzhou city, in eastern China's Shandong province. (AP Photo/File)

Obama plan might help boost climate talks

President Barack Obama’s proposal to curb U.S. greenhouse gas emissions might improve the chances of completing a global climate treaty but is unlikely to defuse demands by China, India and others for Americans to do more.  More »
BHP Billiton CEO Andrew Mackenzie speaks at the IHS CERAWeek energy conference in Houston on March 4, 2014. (Mayra Beltran/Houston Chronicle)

BHP Billiton touts Texas success

Historically, BHP Billiton’s liquids production has been offshore, but it says it’s new activities in U.S. shale are poised to make big gains for the Australian company.  More »
(Victor Dubreuil)

Apollo Global invests $700M in small shale player

Apollo Global Management is pumping $700 million into an Oklahoma oil and gas producer bent on snapping up upstream and midstream properties in the Mid-continent U.S., Texas, Arkansas and Louisiana.  More »
Yellow oil barrels

Oil closes at a two-week low

Benchmark U.S. oil for July delivery fell 24 cents to $102.47 a barrel.  More »

Lawyers ask Scalia to throw out BP’s bid to stall spill payments

Plaintiffs’ attorneys on Monday called BP’s latest attempt to suspend oil spill payments “buyer’s remorse” for its $9.2 billion settlement and argued the oil company’s claims of fraud are bogus.  More »
Refiner-retailer Phillips 66 came in sixth on the latest Fortune 500, and is the highest-ranking Houston company on the magazine's list, which is based on annual revenue. (AP Photo/Lisa Poole, File)

Energy companies dominate Houston’s Fortune 500 members

All but three of the 26 Houston companies on latest Fortune 500 list are in the energy business.  More »