Fuel Fix

(Jordan Blum/Houston Chronicle)

Getting a glimpse of Exxon Mobil’s new campus

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The complex resembles a modern college campus with plenty of landscaping, about 20 buildings, three large parking garages, a wellness center and more.

Getting a glimpse of Exxon Mobil’s new campus

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(Jordan Blum/Houston Chronicle)
The complex resembles a modern college campus with plenty of landscaping, about 20 buildings, three large parking garages, a wellness center and more.
The shadows of  workers in the Permian Basin on February 5, 2015 in Mentone, Texas. (Photo by Spencer Platt/Getty Images)

Oil industry needs half a trillion dollars to endure price slump

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If oil stays at about $40 a barrel, the shakeout could be profound.

U.S. Secretary of State John Kerry waits for the start of a meeting on Iran's nuclear program with officials from Britain, France, Germany, China, the European Union and Iran at the Beau Rivage Palace Hotel in Lausanne, Switzerland Tuesday, March 31, 2015. (AP Photo/Brendan Smialowski, Pool)

Kerry: No Iran deal yet, but talks continue

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U.S. Secretary of State John Kerry says western powers have not yet reached an accord with Iran that would have limited the Islamic Republic’s nuclear capabilities and most likely lifted economic sanctions that have kept Iranian oil out of many international markets for three years.
A worker at Valero Energy's refinery in Three Rivers, Texas, Oct. 12, 2012. Refining, once regarded as a low-margin, accident-prone part of the energy industry, is doing better in part because of cheaper natural gas and domestic crude oil. (Michael Stravato/The New York Times)

Deluge of refinery expansions run risk of cost overruns, delays, report finds

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More than 30 refining expansions worth $14 billion total are under development across the United States as the industry hustles to take advantage of the oil glut, according to a new analysis by Petrochemical Update, which analyzes construction trends for the industry.
Categories: Refining
Plant operators at the control room, pipes, towers and fractional facilities at Enterprise refinery in Mont Belvieu, Texas. (Thomas B. Shea/Houston Chronicle)

Enterprise building a new pipeline to connect Gulf Coast petrochemical network

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Enterprise said the new projects will bring the company’s polymer grade propylene distribution system to a total length of 587 miles and connect the system to more than 30 petrochemical facilities along the Gulf Coast.
Categories: Pipelines, Refining
Exelon Corp. will use GE gas turbines, like the one pictured above, in its Texas plants. (GE)

Exelon expanding gas-fueled power plants near Houston, Fort Worth

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The projects, which are roughly $750 million each, will triple the amount of power production at Exelon’s Colorado Bend Generating Station in Wharton, which is about 45 miles southwest of Houston. The second 1,000-megawatt expansion is for the Wolf Hollow Generating Station outside of Fort Worth.
(Photographer: Ty Wright/Bloomberg)

Retail gasoline prices across Texas up a penny this week

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Dallas has the most expensive gasoline statewide at an average $2.67 per gallon. The travel group survey found Amarillo has the cheapest gasoline in Texas this week at $2.48 per gallon.
Categories: Gasoline
(AP photo/Brennan Linsley)

California farms are using drilling wastewater to grow crops

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Amid a four-year dry spell, more companies in California are looking to recycle their water or sell it to parched farms as the industry tries to get ahead of environmental lawsuits and new regulations.
(Paul O'Driscoll/Bloomberg News)

Despite commodities collapse, oil and gas companies still dominate Fortune’s Global 500 list

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Royal Dutch Shell fell to No. 2 on the list after a year of falling oil prices, with mega-retailer Walmart claiming No. 1 after seeing sales at its international locations jump.