Fuel Fix

Aexey Miller, CEO of Russian gas supplier Gazprom leaves a news conference of European Union Commissioner Guenther Oettinger in Berlin, Friday, Sept. 26, 2014. Trilateral gas talks between the European Union, Russia and Ukraine about gas supply from Russia for Europe during the upcoming winter take place in the German capital. (AP Photo/Markus Schreiber)

EU proposes deal to ensure Ukraine gas supplies

The proposed deal, which would expire next spring, is aimed at averting a supply crisis in Ukraine and the EU over the winter but wouldn’t resolve a deeper dispute over what price Kiev should pay for past and future deliveries.  More »
Susser Petroleum is buying a chain of Hawaiian convenience stores, the company announced. (Susser Petroleum Partners)

Susser Petroleum buys Hawaiian convenience store chain for $240 million

The Houston-based motor fuels distributor has agreed to purchase Honolulu-based Aloha Petroleum, one of the largest convenience store operators in Hawaii with a large wholesale fuel distribution network and six fuel storage terminals. The deal is expected to close before the end of the year.  More »
BHP Billiton's Shenzi tension leg platform is positioned about 120 miles off the Lousiana coast, handling production from several deep-water fields (Photo: BHP)

BHP Billiton, Pemex sign agreement to share deepwater knowledge

Australian oil and mining giant BHP Billiton and Pemex, Mexico’s national oil company, have signed a deal to share knowledge of deepwater operations, BHP Billiton announced.  More »
FRANCE-ECONOMY-ENERGY-OIL-FUEL-GAS-AUTO-FILES

Prices at the pump head below $3 in much of U.S.

While gas prices usually dip this time of year, they’re dropping even faster now due to plummeting global oil prices.  More »
Tankers in the Houston Ship Channel, Tuesday June 18, 2013.  (Billy Smith II/Houston Chronicle)

Surging Middle East oil increases tanker rates

The oil-refining wave in the Middle East is filling tankers to export the region’s processed fuels and driving freight rates to the highest for the time of year since 2008.  More »
BHP Billiton CEO Andrew Mackenzie speaks at the IHS CERAWeek energy conference in Houston on March 4. (Mayra Beltran/Houston Chronicle)

BHP Billiton to cut petroleum capital spending by $279 million

BHP Billiton, the Australian mining and oil giant, will cut capital spending in its petroleum division by $279 million in 2015, the company announced in its annual report Thursday.  More »
Black Elk Energy's sign is seen on the front of its office in the 11400 block of Katy Freeway. (Cody Duty / Houston Chronicle)

Black Elk execs depart, start new firm

The man who founded and led Black Elk Energy, a Houston firm battered by a fatal 2012 explosion at one of its Gulf of Mexico production platforms, left the company a few weeks ago to try his hand at pumping oil on dry land.  More »
Yellow oil barrels

Gasoline futures surge, crude prices decline

Gasoline futures gained 5.42 cents, or 2 percent, to end at $2.718 a gallon on the New York Mercantile Exchange.  More »
Several CSX tanker cars carrying crude oil in flames after derailing in downtown Lynchburg, Va., Wednesday, April 30, 2014. (AP Photo/City of Lynchburg, LuAnn Hunt)

Oil industry group offers crude-train testing standards

The oil industry’s lead trade group released new standards on Thursday for testing and classifying crude shipped by rail after prior shipments were misclassified, including a train that derailed in Canada and killed 47 people.  More »
Big Tex rises again

EPA: Cut your carbon footprint with a corn dog

On the eve of the opening of the state’s annual weeks-long celebration of fried food, football and one very tall cowboy, the U.S. Environmental Protection Agency is urging fairgoers to cut carbon emissions in part by eating more, thus slashing pollution emissions from food waste.  More »
Woodstock music festival poster.

Can we at least agree that it’s not “hydraulick?”

The oil and gas industry in Pennsylvania is embracing the word “fracking,” and spelling it that way, to counter its pejorative use by opponents of hydraulic fracturing.  More »
John Hess, chairman and CEOr of Hess Corp., speaks at the CERAWeek Energy Conference on global energy in Houston. (F. Carter Smith/Bloomberg News)

Hess planning IPO for midstream MLP

Several Hess midstream assets in North Dakota and Minnesota will be part of the offering.  More »
Page 5 of 1,389« First...34567...102030...Last »