Fuel Fix

(Thomas Shea photo)

Houston firm considers new pipeline for Gulf Coast petrochemical plants

Enterprise Products Partners, a Houston-based natural gas and crude oil pipeline firm, is looking at development of a new 270-mile pipeline to deliver ethane to Gulf Coast petrochemical plants.  More »

API mounts new campaign against oil industry taxes (video)

The oil and gas industry’s biggest trade group is launching two new commercials, billed as “unscripted,” man-on-the-street style interviews with real people who argue that average Americans will be negatively impacted by higher taxes on the oil industry. Watch the commercials here.  More »
(AP Photo/Evan Vucci)

Commentary: Battle lines forming on carbon tax

For a political non-starter, a carbon tax is generating an awful lot of activity on Capitol Hill. Texas Reps. Joe Barton and Jeb Hensarling will headline a press conference Wednesday slamming the idea.  More »

In a presentation on its 2040 energy outlook, Exxon Mobil shows rapid growth in global economic prosperity, a trend that will drive a boom in energy demand, the oil giant forecasts. (Johnny Hanson/Houston Chronicle)

U.S. poised to become net energy exporter, Exxon Mobil forecasts

The U.S. could become a net exporter of energy by 2025, said William Colton, Exxon Mobil vice president of corporate strategic planning.The economic benefits of domestic oil and gas production are the equivalent of a $600 billion stimulant package for the U.S. economy, he added.  More »
General Motors CEO Daniel Akerson (Johnny Hanson/Houston Chronicle)

Steffy: Road to natural gas vehicles vexes GM chief

Daniel Akerson is a bit chicken of the egg.  More »
The Deepwater Millennium drillship works on an Anadarko project off the coast of Mozam-bique, one of a dozen African countries Anadarko has interests in.

Anadarko holds talks with Japan over Mozambique LNG supply

Anadarko Petroleum Corp. (APC) said it’s in talks with potential customers in Japan to buy supplies from a joint liquefied natural gas plant in Mozambique it’s planning with Eni SpA.  More »

OPEC in talks to replace Iranian oil supply to India

OPEC’s biggest oil producers are in talks to supply extra crude to India, as the nation prepares to halt purchases from Iran because of global sanctions, four people with knowledge of the matter said.  More »
(AP file photo/John Moore)

Saudi Arabia’s shale plans may be slowed by lack of water

Saudi Arabia may need at least a decade to develop shale-gas production to a scale comparable to the U.S. because of the desert kingdom’s short supplies of water, state oil company officials said.  More »

Houston energy giants weak in diversity, report finds

Houston-based energy companies rank near the bottom of Calvert Investments’ diversity index for S&P 100 companies, with Apache Corp. and National Oilwell Varco falling into the bottom five.  More »
(Tom Reel/San Antonio Express-News)

Energy companies lose appeals court bid over parcel leasing

A group of oil and gas companies failed to persuade an appeals court to compel the U.S. to issue parcel leases on which they were the high bidders within 60 days of payment.  More »
Union Pacific Railroad restored passenger train in Eugene, Ore. (AP Photo/The Register-Guard, Kevin Clark, File)

Oil riding rails creates jobs as Buffett puffs chest

For all the debate over building the Keystone XL pipeline, the oil is moving without it.  More »
(Nick De La Torre / Houston Chronicle)

Environmentalists to Obama: Delay decision on gas exports

Taking a page out of their Keystone XL playbook, environmentalists are urging the Obama administration to delay decisions on whether to allow more companies to export natural gas harvested inside the United States because of climate change concerns.  More »
(Photo: Brian Turner/Flickr)

Sierra Club sues DTE over coal-fired power plants

Environmentalists have filed a lawsuit against DTE Energy and two subsidiaries over emissions from their coal-fired power plants.  More »
Japan Earthquake

Panel says no cover-up attempt by Japan nuke plant

An independent panel says the operator of Japan’s tsunami-crippled nuclear plant misinformed investigators and blocked inspection of key equipment last year, but that there was no cover-up attempt.  More »
An oil pumpjack in Bakersfield, Calif. (AP Photo/Tracie Cone)

WTI oil narrows gap with higher-priced Brent

West Texas Intermediate, the benchmark price for U.S. crude, has been on the rise, narrowing its gap with the global benchmark Brent crude to the lowest level in five weeks.  More »