Fuel Fix

A dynamic positioning and marine environment simulator used for simulation and training on exhibit in the Jelec booth at the Offshore Technology Conference at the NRG Center Tuesday, May 5, 2015, in Houston, Texas. (Gary Coronado / Houston Chronicle)

Major offshore vessel contractor could be in the market for acquisitions, CEO says

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The CEO of vessel contractor Tidewater says the oil bust could be an opening to scoop up smaller rivals in marine services as corporate consolidations could help offshore firms cope with the downturn.

Major offshore vessel contractor could be in the market for acquisitions, CEO says

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A dynamic positioning and marine environment simulator used for simulation and training on exhibit in the Jelec booth at the Offshore Technology Conference at the NRG Center Tuesday, May 5, 2015, in Houston, Texas. (Gary Coronado / Houston Chronicle)
The CEO of vessel contractor Tidewater says the oil bust could be an opening to scoop up smaller rivals in marine services as corporate consolidations could help offshore firms cope with the downturn.
(ALEXANDER KLEIN/AFP/Getty Images

OPEC seen backing Saudi Arabia’s plan to keep supplies elevated

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Crude plunged for eight of nine weeks prior to the group’s November gathering, when the kingdom faced down opposition from the majority of fellow members, who advocated output reductions to tackle a global glut.

Photo: Richard Bartz

Wind farm eagle deaths overestimated, company says

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The developers of what could become the nation’s largest wind energy project say the U.S. Bureau of Land Management has overestimated how many eagles could be killed by wind turbines at the site.
Categories: Environment, Wind
(AP Photo/Nam Y. Huh)

Hyundai, Kia to pay millions in fuel settlement

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Hyundai and its sister company Kia said Monday that they will pay up to $395 million to consumers as part of a proposed settlement over overstated gas mileage.

(AP Photo/Charlie Riedel)

Retail gasoline prices up slightly across Texas

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Retail gasoline prices across Texas have risen slightly as drivers take to the roads for the holiday season.
Categories: Gasoline
Dave Welker, then the FBI special agent in charge for New Orleans, leaves Federal Court after the sentencing of two former New Orleans police officers in the shooting death and burning of Henry Glover's body in New Orleans after Hurricane Katrina. (AP Photo/Gerald Herbert)

Fraud director tapped as interim chief for Gulf spill claims office

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The administration office overseeing BP settlement payments to victims of the 2010 Gulf of Mexico oil spill has named an interim chief executive.
Categories: Gulf oil spill, People
Motorists drive past a gas station selling regular unleaded gasoline for less than $3.00 a gallon Nov. 26 in Independence, Mo. The nationwide average price for a gallon of gas was up to $3.25, according to AAA Monday. (AP Photo/Charlie Riedel)

Oil slips below $99 a barrel; pump price rises

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Last week, oil rose nearly 3 percent.
Categories: Crude oil, Gasoline
The Phoenix-Arrington Ranch plant is owned by Eagle Rock Energy Partners in the Texas Panhandle. (Ken Childress Photography / Houston Chronicle)

Eagle Rock to sell midstream business for $1.3B

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Houston-based Eagle Rock Energy Partners is selling 8,100 miles of gathering pipeline and several processing plants for $1.3 billion, a move to transform into a pure upstream firm, the company said Monday.
Categories: Deals
(AP Photo/Pat Sullivan)

More Eagle Ford pipeline expansion

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A joint venture of Kinder Morgan Energy Partners LP and Magellan Midstream Partners LP has entered into a long-term agreement to move Eagle Ford Shale liquids for Anadarko Petroleum Corp.
Categories: Eagle Ford, Pipelines