Fuel Fix

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Oil slump means canceled projects as investment declines

With oil approaching a four-year low, producers will be cautious about sanctioning investment, according to some experts.  More »
Patrick Juneau, administrator of the Deepwater Horizon Claims Center. (Houston Chronicle)

Oil spill claims boss rebuts BP’s bid to remove him

The Louisiana lawyer in charge of dispensing BP’s oil spill settlement responded to the company’s request to remove him from the post, saying BP knew when he was appointed that he previously had represented the state in spill claims.  More »
Nancy and Rich Kinder at "Modern" the  Museum of Fine Arts Houston's Grand Gala Ball  Friday Oct. 12,2012.(Dave Rossman photo)

Oil fortunes fall, rise amid dropping markets

The personal fortunes of the oil industry’s wealthiest weathered the massive fluctuations in global markets Wednesday better than most  More »
(AP Photo/ Erik Schelzig, file)

Report: Oil exports could drive manufacturing renaissance

Allowing oil companies to sell crude overseas could result in tens of thousands of new jobs at home, a new paper says of the United States’ longstanding crude export ban.  More »
Pipelines lead to a ship being loaded at Kinder Morgan Energy Partners’ terminal in Pasadena, which will be expanded as part of a $240 million project the company announced Oct. 14, 2014. The expansion includes 2.1 million barrels of storage between Kinder Morgan’s Pasadena and Galena Park terminals, and an additional dock for ocean-going vessesls at the Galena Park facility. (Kinder Morgan photo)

Kinder Morgan partnership reports rise in profit, distributable cash

The nation’s largest pipeline company Kinder Morgan Energy Partners reported higher profits in the third quarter, as gas and natural gas liquids continued to flow in increasing amounts from shale plays across the country.  More »
(AP Photo/Bela Szandelszky)

Brent, West Texas crude keep dropping

Brent crude extended its biggest one-day collapse in three years amid speculation OPEC will refrain from eliminating a glut.  More »
A photo filed in regulatory documents of the Ocean Rig Athena, a new drillship that began operations in the second quarter of 2014 off the coast of Angola for ConocoPhillips.

Ocean Rig Partners files for $305 million IPO

Offshore oil driller Ocean Rig Partners has filed for a $305 million initial public offering as it anticipates four next-generation deep-water drillships to be assembled over the next three years.  More »
Vladimir Putin, Russia's president. (Andrey Rudakov/Bloomberg)

Putin loses his best friend: Expensive oil

The decline in oil prices may be depriving Russian President Vladimir Putin of his biggest ally.  More »
Nissan LEAF Electric Car is displayed at the Houston Auto Show on Tuesday, Jan. 21, 2014. The Nissan LEAF gets the equivalent of about 129 miles per gallon in the city. (Marie D. De Jesus/Houston Chronicle)

Automakers, utilities studying how to manage electric vehicles

A consortium of eight major automakers is poised to test the first-ever technology that would allow electric cars to communicate with utility companies in an effort to better manage vehicles’ power consumption.  More »
(AP Photo/Oded Balilty, File)

Study: Natural gas surge won’t slow global warming

Cheap and plentiful natural gas isn’t quite a bridge to a brighter energy future as claimed and won’t slow global warming, a new study projects.  More »
The sun rises behind a ship as it enters the North Sea from the river Tyne, near Tynemouth, England, Wednesday, Oct. 15, 2014. (AP Photo/PA, Owen Humphreys)

Endeavour International oil field in North Sea back online

Houston oil explorer Endeavour International Corp. got a bit of good news Wednesday in the midst of seeking bankruptcy protection: One of its biggest oil fields in the UK North Sea is back online.  More »
Emilio Lozoya, CEO of Petroleos Mexicanos  (Susana Gonzalez/Bloomberg)

NuStar, Pemex plan pipeline project to Northern Mexico

The deal will be one of the first joint ventures between energy companies in the United States and Mexico following the latter country’s reform efforts encouraging foreign investment.  More »
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