Fuel Fix

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Houston firm raises $100M from midstream equity fund

US Infrastructure Holdings plans grow its natural gas gathering and processing business, focusing on the Haynesville and Marcellus shale plays.  More »
Jacob Garza of Cheapeake Energy pours a chemical mixture used in the hydraulic fracturing  process at a Chesapeake site in South Texas' Eagle Ford Shale (Photo: John Davenport/San Antonio Express-News)

Texas becomes first state to require frac fluid disclosure

The new law will require drillers to publicly post the chemicals used in their hydraulic fracturing operations beginning in July 2012. Several other state agencies have passed regulations forcing some disclosure, but none have made it a law.  More »
The Oconee Nuclear Station in Seneca, S.C. - one of the oldest nuclear power plants in the United States. (AP file photo/Mary Ann Chastain)

Special report: Nuclear regulators weakened safety rules

Federal regulators have been working closely with the nuclear power industry to keep the nation’s aging reactors operating within safety standards by repeatedly weakening those standards, or simply failing to enforce them, an extensive investigation finds.  More »
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(AP photo)

Anadarko settles royalty under-payment charges

The Woodlands-based company will pay $17 million to settle allegations it didn’t pay enough in royalties for natural gas production on federal land and Indian reservations.  More »
(Photo: David Paul Ohmer/Flickr)

FuelFix Newslinks |06.20.11|

Industry calls the shots on pipeline studies. Water fouled near XTO site. BHP’s big plans.  More »
Smoke rises from Unit 3 of the tsunami-stricken Fukushima Dai-ichi nuclear power plant in northern Japan (AP Photo/Tokyo Electric Power Co.)

Moody’s cuts Tepco to junk

Moody’s slashed Tokyo Electric Power’s credit rating to junk, dealing a heavy blow to the stricken Japanese utility company that continues to founder after the March 11 disasters in Japan. (Via W$J)  More »
The Cooper Nuclear Station facility near Brownville, Neb. (Photo: Nebraska Public Power District)

Nebraska nuke plant issues flooding alert

A spokesman said the “notification of unusual event” sent to the Nuclear Regulatory Commission was expected as the Missouri River swells above record levels. The declaration is the least serious of four emergency notifications established by the federal commission.  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)

Unit of Aussie giant plans to grow in oil, natural gas

For such a large company, BHP Billiton Petroleum has managed to keep a fairly low profile. But with a huge U.S. natural gas acquisition this year, its aggressive re-entry into the deep-water Gulf of Mexico after the BP oil spill and speculation it could buy a competitor, the Australian company is gaining more attention.  More »
(AP file photo/Sue Ogrocki)

Westway Terminal gains capacity in Valero deal

The deal gives Westway the right to lease 5.7 acres of land adjacent to its terminal for up to 30 years and to purchase three tanks totaling 3 million gallons of capacity and certain associated dock lines and dock assets.  More »
Eight people were killed in a September 2010 natural gas explosion in a mostly residential neighborhood of San Bruno, Calif. Industry funding of research may have hindered replacement of decades-old pipeline with defective seam welds and other hazards.  (AP Photo/Paul Sakuma)

Probe: Industry’s pull may have hurt pipeline safety

Pipeline operators and their trade organizations shaped, managed and provided sizable funding for numerous safety studies conducted by the federal agency that regulates the industry, a Hearst Newspapers investigation shows.  More »
Rebel fighters are seen following heavy clashes with pro-Gadhafi forces on the front line at Dafniya, Libya, Monday, June 13, 2011.  (AP Photo/Hassan Ammar)

Libya rebel oil chief says West failing insurgents

Libya’s rebel oil chief accused the West on Saturday of failing to keep up its promises to deliver urgent financial aid, saying his authority had now run out of cash completely after months of fighting. (Via Reuters)  More »
The Tesla Roadster electric car on display in a Los Angeles showroom. (AP Photo/Mark J. Terrill)

Get ‘em while you can: Tesla’s Roadster nears end of production

U.S. buyers have snapped up the remaining Roadsters faster than expected. With prices starting at $109,000, the electric sports car was never meant for the mass market.  More »