Fuel Fix

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HollyFrontier declares special dividend

Oil refiner HollyFrontier’s board has approved a special dividend of 50 cents per share.  More »
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A look at EU investigation of oil price fixing

The European Union’s executive arm, the Commission, on Tuesday said it had raided the offices of a number of oil industry companies for possible price-fixing.  More »
T. Boone Pickens (Photo: Associated Press)

Pickens buys Apache, Goodrich shares in first quarter

Pickens’ BP Capital Management bought almost 125,000 shares of Apache valued at $9.6 million.  More »
(Photo: Marcellus Protest/Flickr)

Quebec proposes law to ban fracking

Quebec Environment Minister Yves- Francois Blanchet introduced legislation that would ban hydraulic fracturing, drilling and testing for natural gas in the St. Lawrence River valley for as long as five years.  More »
A Libyan flag flutters outside an oil refinery in Zawiya on September 23, 2011.(LEON NEAL/AFP/Getty Images)

Protesters close Libyan oil terminal, halt exports

A Libyan oil ministry official says protesters have forced the closure of an oil terminal in the east of the country for the second time in six months, disrupting exports.  More »
Rep. Dennis Bonnen, R-Angleton blamed aggressive lobbying by the Texas Railroad Commission and its supporters for the failure of his bill to reform the agency. (Harry Cabluck/AP)

Energy regulator dodges ethics reform

Rep. Dennis Bonnen, R-Angleton, blames aggressive lobbying by the Texas Railroad Commission and its supporters for the failure of his bill to reform and rename the agency that regulates oil and gas activity in the state.  More »
The sun sets on a drilling rig in Frio County, Texas.  (Jerry Lara/San Antonio Express-News)

Commentary: US NGLs to crowd OPEC Asian exports

Middle Eastern countries are starting to feel the pinch of the U.S. shale revolution. Even Saudi Arabia will find new competition for its liquefied petroleum gas and other feedstock exports, as the United States hikes its exports of natural gas liquids.  More »
The Supreme Court held that the EPA may require power plants to reduce emissions that reach neighboring states. (AP file photo)

Oil CEO: Humans are involved with climate change

The leader of one of the world’s largest energy companies said this week that humans are accelerating climate change and the global community should take action to address the problem.  More »
Duncan Wood, the director of the Mexico Institute at the Woodrow Wilson International Center (Emily Pickrell/Houston Chronicle)

Mexico debates opening its doors for shale development

Energy reform is likely to be one of the most important sweeping legislative changes that an incoming Mexican government will address, experts said Wednesday at a Houston conference on energy issues.  More »
Kathleen Eisbrenner, CEO of Pangea LNG (Emily Pickrell/Houston Chronicle)

Floating is the wave of the future for LNG

Liquefied natural gas importers and exporters are turning to floating terminals because of the higher costs of building fixed, land-based facilities  More »
(Flickr/Derek Gavey)

House bill would suspend environmental penalties when blackouts loom

Legislation approved by a House committee on Wednesday would give lectric utilities a free pass for keeping the lights on and power flowing whenever the government orders them to continue operations — even if that means running afoul of environmental mandates.  More »
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Sequester will cut oil and gas drilling leases, Democrats say

The across-the-board cuts to federal spending will translate to fewer oil and gas drilling leases — and some $150 million in lost government revenue — congressional Democrats warned Wednesday.  More »