Fuel Fix

Japan's Self-Defense Forces's helicopters scoop water off Japan's northeast coast on their way to the Fukushima Dai-ichi nuclear power plant to cool overheated fuel rods inside the core on Thursday, March 17, 2011. (AP Photo/Yomiuri Shimbun, Kenji Shimizu)

Tepco to release radioactive water

Tokyo Electric Power is planning to release 3,000 tons of lightly radioactive water into the ocean from the Fukushima Daini nuclear complex, the sister plant of the stricken Fukushima Dai-ichi complex. (Via W$J)  More »
(Photo: Mathijs B/Flickr)

Texas could face rolling blackouts if Arizona fire spreads

A raging forest fire in eastern Arizona that is headed for a pair of transmission lines that supply electricity to hundreds of thousands of people as far east as Texas.  More »
The Chevron Genesis platform in the Gulf of Mexico (Mary Altaffer/AP)

Feds to extend deep-water leases expiring before 2016

The Obama administration will give oil and gas companies an extra year to develop their deep-water leases to make up for delays caused by last year’s Gulf spill and the subsequent moratorium on some offshore drilling.  More »
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capitol building

Deepwater Horizon liability act approved by Senate committee

The bill would amend the Death on the High Seas Act and the Jones Act and the Shipowners Liability Act of 1851 to allow families of the 11 victims of the explosion to sue for loss of care, comfort, companionship and pain and suffering.  More »
A guards watches the main entrance of OPEC headquarters in downtown Vienna. (AP file photo/Ronald Zak)

Despite OPEC dissent, same questions linger

Today’s OPEC meeting in Vienna was unusual for its candor, Loren Steffy writes. Historically, the group has not only presented a unified front about its decision-making, it’s also offered little transparency about its production details  More »
Oil from the Deepwater Horizon spill is seen floating on the surface of the water in Bay Jimmy, near where oil was spotted in June 2011. (AP Photo/Gerald Herbert, File)

Government investigates floating oil near Louisiana coast

The federal government is investigating reports of oil in the waters near Venice, La., but has not yet discovered the source of that floating crude.  More »
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Chron 100 No. 3 public company: TPC Group

The company, formerly Texas Petrochemicals, ranked high on the Chronicle’s Top 10 public company list thanks to a strong showing in revenue growth and total return for shareholders.  More »
Flickr/bohman

API ad campaign touts energy independence *updated*

The American Petroleum Institute’s “Keys to the Future” campaign is a bid to boost support for domestic oil production and for the proposed Keystone XL pipeline, which would deliver Canadian tar sands crude to Gulf Coast refineries.  More »
Shell's tension leg platform at the Auger field in the Gulf of Mexico (Photo: Shell)

Shell approves $2.5B deep-water Gulf project

The Cardamom field, located roughly 225 miles southwest of New Orleans, is expected to produce 50,000 barrels of oil equivalent per day at its peak and more than 140 million barrels of oil equivalent over its lifespan.  More »
Exxon Mobil used the Maersk Developer semi-submersible drilling rig to drill its first post-moratorium deep-water exploration well in the Gulf of Mexico. (Photo: Maersk)

Exxon Mobil announces major Gulf find

The oil giant expects discoveries in the Hadrian field to yield more than 700 million barrels of oil equivalent — marking one of the largest Gulf finds in a decade.  More »
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Chron 100 No. 1 private company: Texon

Texon, founded in 1989, has been consistently profitable after the first couple of years. CEO Terry Looper says his business’s core principles are integrity, service and relationships.  More »
BP CEO Bob Dudley (AP file photo/Alastair Grant)

‘Moving on:’ Bob Dudley says BP’s done with Rosneft deal

“We’ve worked very hard on this with all the parties,” the BP CEO told reporters in London today. “From BP’s view, it’s other parties that need to reach an agreement and in the meantime we are moving on.” The deal with Russia’s state-run oil company was halted in court after BP’s partners in TNK-BP said it would violate their shareholder agreement.  More »