Fuel Fix

Carl Icahn (Mark Lennihan/AP)

Icahn asks Transocean board to clarify, support claims

Billionaire investor Carl Icahn is asking Transocean Ltd.’s board to “clarify and support” its assertions that the company has produced above-average shareholder returns.  More »
A rig drills in the Marcellus shale, in a separate joint venture project between Chesapeake and Statoil. (Helge Hansen / Statoil)

Higher natural gas prices will boost companies’ profits

A recent rise in natural gas prices is expected to give natural gas companies a much needed boost in first quarter earnings, an analyst’s report said Tuesday.  More »
Wayne Knox, a contractor for TransCanada's Keystone XL project, looks at a pipe before it's lowered into the ground in Wood County, Texas, in 2012. (Cody Duty / Houston Chronicle)

House panel approves bill to speed permit for Keystone XL

A House committee on Wednesday approved legislation that would authorize the Keystone XL pipeline, after lawmakers agreed to work together to ensure energy companies pay into a U.S. oil spill trust fund for all of the crude it carries.  More »
Energy scholar Daniel Yergin speaks during the LNG 17 conference in Houston on April 17, 2013.

Asian nations eagerly eye cheap US natural gas

Asian companies are a large contingent at the LNG 17 conference in downtown Houston, where attendees are buzzing about the availability of low-cost U.S. natural gas on the world market.  More »
Twelve contract workers were hopsitalized Wedneday afer a fire broke out in a processing unit at Beaumont's ExxonMobil. Three of the injured are considered critical. All other employees have been accounted for. The unit was down due to maintenance when the fire occured. Police closed the entrances to the facility. An investigation to the cause of the fire will be conducted.
(Guiseppe Barranco/The Beaumont Enterprise)

Search on for cause of Exxon refinery fire; four critically injured

Federal investigators, plant officials and union members today will continue to search for the cause of a flash fire at Exxon Mobil’s Beaumont refinery Wednesday that injured at least a dozen workers – four critically.  More »
Models of LNG ships are on display at the Hanjin Heavy Industries & Construction Co., LTD., booth during the 17th International Conference & Exhibition on Liquefied Natural Gas at the George R. Brown Convention Center Wednesday, April 17, 2013, in Houston. ( Brett Coomer / Houston Chronicle )

Coverage from the LNG 17 conference

FuelFix reporters live tweeted from the LNG 17 conference in downtown Houston this week. See what speakers said and check out photos from inside the conference.  More »
Enterprise Products Partners liquids storage facilities in Mont Belvieu, Texas. (Enterprise Products Partners)

Enterprise eyes Cline Shale for pipeline growth

The Cline Shale is rapidly becoming one of the hottest new plays for natural gas producers — and midstream companies like Enterprise are hustling in to provide the needed infrastructure.  More »
(Photo: Hans Gerwitz/Flickr)

Investigators blast Congress for inadequate Gulf spill response

A presidential commission that investigated the Gulf oil spill released a scorecard today giving Congress a D+ on heeding its recommendations for improving the safety of offshore drilling after the Deepwater Horizon accident.  More »
Former BP engineer Kurt Mix leaves the federal courthouse after a hearing in Houston in 2012. (AP Photo/Pat Sullivan, File)

Former BP engineer says US withheld evidence related to Gulf spill

A lawyer for a former BP engineer accused of obstruction of justice in connection with the investigation of the 2010 Gulf of Mexico oil spill disaster is asking a judge to impose sanctions and has accused federal prosecutors of misconduct for allegedly withholding evidence that could clear her client.  More »
Crewmen lower a pipe for TransCanada's Keystone XL project into the ground in Wood County, Texas. (Cody Duty / Houston Chronicle)

Route change forces Keystone foes to shift aim to climate change

Opponents of the Keystone XL pipeline used to have a simple argument: the project would endanger Nebraska’s delicate Sand Hills region, a vast network of dunes and wetlands that have been designated a National Natural Landmark.  More »
(Associated Press)

Energy as dirty as 20 years ago on slow climate effort, IEA says

The level of carbon emitted in global energy supplies has barely changed in 20 years amid stalled efforts to curb pollution and increased coal use, the International Energy Agency said.  More »
(Bill Montgomery/Houston Chronicle)

Potential bankruptcy renews debate on utility tax

The potential bankruptcy of Dallas-based Energy Future Holdings is being seized on by some groups to stir debate over taxes that power companies collect but don’t always pass on to the federal government.  More »