Fuel Fix

A sign displayed outside the ConocoPhillips corporate headquarters  in Houston (AP file photo/Pat Sullivan)

Conoco, partners suspend $16 billion gas pipeline project

ConocoPhillips and its partners suspended funding for a proposed $16.3 billion pipeline that would bring natural gas from northern Canada to U.S. markets, citing low prices for the fuel.  More »
BP's Atlantis platform in the Gulf. (BP image)

Former BP contractor seeks judgment in suit alleging Gulf platform is dangerous

Former BP contractor Kenneth Abbott has asked a federal judge in Houston to issue a judgment upholding his claims that BP made false certifications in permit applications for its Atlantis platform in the Gulf of Mexico.  More »
(AP Photo/Steve Helber)

Gasoline prices stall for now, rise to come

Gasoline prices are holding steady just under the $4-mark, but analysts warn Houston drivers could see a sudden rise at the pump as refineries switch to summer-blend gasoline.  More »
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Gas line break causes shelter-in-place at port, nearby industries

Workers at the Port of Houston Authority’s Jacinto Port terminal were told to shelter in place after a bulldozer at a nearby construction site hit a gas line about 9:15 a.m. Thursday, a port spokeswoman said.  More »
The sun shines over a Range Resources well site in Washington, Pa. (AP Photo/Keith Srakocic, File)

Oil, gas industry groups seek to join lawsuit

A coalition of oil and gas industry companies is challenging a group of municipalities who are suing the state of Pennsylvania over a new law that aims to regulate gas drilling.  More »
Prices for three grades of gasoline are posted in front of a service station Wednesday, Feb. 22, 2012, in Bellevue, Wash., near Seattle. (AP Photo/Elaine Thompson)

Car buyers reacting differently to gas price hike this time

When gas prices spiked in 2008, people “in droves” traded in big SUVs for much smaller cars, recalled Mark Rehkopf, vice president of Russell & Smith Ford, Honda and Mazda dealerships.  More »
In this photo taken July, 2009, an unidentified ADM employee secures a tanker truck loaded up with ethanol at the Archer Daniels Midland Company plant in Decatur, Ill. While a Senate vote to end a tax credit that's helped build the ethanol industry in the United States signals that the subsidy's days may be numbered, corn farmers and ethanol makers hope they can convince Congress to compromise and agree to preserve but reduce subsidies. But agricultural economists say the ethanol industry has grown up over the last few years and doesn't need the help, and they doubt farmers or their customers in the ethanol industry would be hurt much if the subsidy dies. (AP Photo/Seth Perlman)

Lawmakers tackle obstacles to new ethanol blend

The federal government has given filling stations the green light to sell gasoline containing 15 percent ethanol, but that doesn’t mean motorists can count on buying the blend anytime soon.  More »

Oil recovery in southeast Mont. slated for 2013

A Texas company said Wednesday it is planning to revive production in a 45-year-old southeastern Montana oil field by pumping carbon dioxide deep underground to free up an estimated 30 million barrels of trapped crude.  More »
A contractor closes a valve on a tanker truck at a Range Resources hydraulic fracturing operation in Pennsylvania. (AP Photo/Keith Srakocic)

Pennsylvania high court takes appeal on Marcellus gas rights

The Pennsylvania Supreme Court agreed to hear an appeal of a dispute over Marcellus Shale natural-gas rights that could affect thousands of drilling leases in the state.  More »
BPsign

BP pursues Namibia crude amid no known discovery of oil

BP Plc (BP/)’s push into Namibian oil makes it the only major producer expanding in the West African nation, where commercial crude deposits have never been found and the sole gas field has sat idle since its discovery in 1974.  More »

ONGC to study Conoco’s U.S. shale assets as it seeks deal

Oil & Natural Gas Corp. (ONGC), India’s biggest energy explorer, will soon study investing in ConocoPhillips’s U.S. shale-gas assets and expects to strike a substantial deal, Chairman Sudhir Vasudeva said.  More »
A Devon Energy flex-drilling rig in the Barnett Shale (Kevin Fujii/Houston Chronicle file photo)

Devon raises spending, may seek partner for Cline Field

Devon Energy Corp. (DVN), the third- largest U.S. independent oil and natural-gas producer, raised planned exploration and production spending 18 percent to as much as $6.5 billion this year, including projects in which it may sell a stake.  More »