Fuel Fix

(AP Photo/Pat Sullivan)

Houston pipe distributor to expand South Texas operations

Tex-Isle Supply will built a pipe-coating plant at its 40-acre pipe yard between San Antonio and Corpus Christi to serve operators in the Eagle Ford shale.  More »
(AP file photo/Alastair Grant)

BP seeks to build 300 gas wells in Oman

The U.K. energy giant plans to develop the natural-gas wells in what would be one of the company’s largest global projects, its CEO said. (Via W$J)  More »
(Romas Dabrukas/AP Photo)

House passes bill to speed Arctic drilling

The legislation would curtail environmental reviews of coastal oil exploration projects, including Shell Oil Co.’s bid to drill in Arctic waters near Alaska. Bill backers said it would remove bureaucratic obstacles blocking Arctic drilling; critics said it was an oil industry giveaway.  More »
Find a Better Job with
Job Seekers
Employers
Powered by Monster ®
A Floating Production Storage Offloading (FPSO) like this one will be used in the Gulf of Mexcio to handle production from Petrobras' Chinook-Cascade project in the deep-water Gulf of Mexico. (Photo: Petrobras)

Petrobras’ deep-water Gulf project delayed — again

After repeated delays, the Brazilian oil giant now says the start of production at its Cascade and Chinook fields is targeted for the end of 2011, after earlier promising the project by mid-year.  More »
(AP file photo/David J. Phillip)

Dynegy names board member to CEO post

Robert Flexon replaces E. Hunter Harrison, who has been interim CEO and president of the Houston-based power plant operator since April. Harrison will resume his role on the board and serve as non-executive chairman.  More »
(Photo: Loozrboy/Flickr)

New pipeline will carry NGLs from West Texas to Southeast Texas

Energy Transfer Partners and Regency Energy Partners said they will spend $700 million through a joint venture to build a 530-mile pipeline to carry natural gas liquids from Winkler County in West Texas to a processing plant in Jackson County, east of Victoria.  More »
Cellulosic ethanol is made from switchgrass and other nonfood products. (AP Photo/Noble Foundation)

EPA slashes target use of non-corn ethanol in gasoline

The federal agency said it reduced the required level of cellulosic ethanol, made from nonfood agricultural products, because of market availability.  More »
Workers secure the Deepwater Horizon blowout preventer onto the deck of the Helix Q4000 after lifting it from the Gulf of Mexico near the coast of Louisiana, Saturday, Sept. 4, 2010. (AP Photo/Patrick Semansky)

Transocean videos: BOP maintenance wasn’t the problem at Macondo

Transocean details what it believes happened to the BOP on the doomed Deepwater Horizon rig during the May 2010 blowout in two videos released today.  More »
(Image: Fotolia)

Oil rises as Fed acknowledges economy’s slow pace

Fed officials said in a statement that they believe the main causes of the economy’s slowdown, such as high gas prices and supply disruptions from Japan’s natural disaster, are temporary. They said once those problems subside, the economy should rebound.  More »
(Photo: Sterling Chemicals)

Eastman buys Houston’s Sterling Chemicals for $100M

The Tennessee-based chemical and plastics maker will acquire Sterling’s Texas City assets, including an idled plasticizer unit and an active acetic acid production unit.  More »
Michael Bromwich, Director, Bureau of Ocean Energy Management, Regulation and Enforcement (AP file photo/The Times Picayune)

Offshore regulator: New drilling rules on the way

The government is readying new rules to boost the safety of offshore drilling and tighten standards for blowout preventers used to guard subsea wells.  More »
(AP photo)

Norway says Transocean evaded $1.8B in taxes

The charges announced today against Transocean and Transocean Offshore Deepwater Drilling Inc. are related to the sale of 12 oil rigs 10 years ago by their Norwegian subsidiary Transocean ASA.  More »