Fuel Fix


The lowdown on the projects in the Energy Corridor

Demand for office space in west Houston has developers scrambling to put buildings on the ground. They’re betting on continued strength in the energy sector, which has been driving the office market in this part of town. Most of the following buildings are proposed, but a few are already under construction.  More »
A beachgoer in June 2010 enjoys a morning walk in Pensacola, Fla., as crews work to clean up oil from the Deepwater Horizon spill. Some workers allege they were sickened by chemicals used to clean up the spill. Photo: Billy Smith II / Houston Chronicle

Dispersant’s use adds subplot to oil spill saga

As a federal judge considers a proposed settlement between BP and Gulf Coast residents harmed by the 2010 oil spill, a legal subplot has developed around workers who allege they were sickened by chemicals used to clean up the oil.  More »
Northeastern Alberta is a major oil sands production area. (Karen Warren / HOUSTON CHRONICLE)

Campaign aims to counter oil sands criticism

Manufacturers, refiners, energy companies and pipeline operators that think the promise of Canadian crude is getting lost in the criticism of it have formed an initiative to promote the fossil fuel.  More »

First casualty of greenhouse gas rules may be Texas plant

Developers targeted 2013 to begin operating a new power plant fueled by the carbon-rich leftover from nearby oil refining in Corpus Christi.  More »
(Image: SunPower)

South Texas wastewater plant goes solar

The 1,316 solar panels at Weslaco’s southern wastewater treatment plant gleamed in the heat June 27 — their second day on the job. When the panels were officially plugged in last week, the facility went from being an energy consumer to a self-supporting energy generator.  More »
Money Roll

Get ready for the end of record corporate profits

For almost three years, no matter what has rattled the financial markets — a debt crisis in Europe, high gasoline prices, a slower economy — investors have been soothed by rising corporate profits.  More »

BP part of serious fraud office bribery probe, report says

BP Plc (BP/) is part of a U.K. Serious Fraud Office investigation over bribery allegations relating to one of its engineering contractors in Azerbaijan, the Daily Telegraph reported, without saying where it obtained the information.  More »

Iran sees no need for emergency OPEC oil meeting

Iran sees no need for OPEC to hold an emergency meeting if the current trend of rising crude prices continues, Shana reported, citing the nation’s oil minister.  More »
(Photo: First Solar)

First Solar Bonds Financing $4.6 Billion U.S. Panel Boom

Underwriters from Bank of America Corp. (BAC) to Credit Suisse AG and Citigroup Inc. (C) for the first time are close to converting sunlight into cash to pay bond investors.  More »
(Photo: Flickr, Caston_Corporate)

Anton Oilfield sells 20% stake to Schlumberger for $82 million

China’s Anton Oilfield Services Group sold a 20 percent stake to Schlumberger Ltd., the world’s largest oilfield-services provider, Antonoil said.  More »
Protesters rally against hydrofracking as the legislative session winds down at the Capitol in Albany, N.Y., in June 2012.  A coalition of 100 environmental, health and community groups called for Gov. Andrew Cuomo to reject any demonstration project for shale gas drilling using hydraulic fracturing. (AP Photo/Tim Roske)

Protesters lead to temporary shutdown of Pa. rig

An energy company says protesters demonstrating against hydraulic fracturing at a Pennsylvania state forest have led to a gas drilling rig temporarily being shut down.  More »
The president of the Brazilian state-owned oil company Petrobras, Maria das Gracas Silva Foster.(ANTONIO SCORZAANTONIO SCORZA/AFP/GettyImages)

Petrobras wants to stem losses by adding ethanol

Petrobras is asking the government to let it mix more sugarcane-based ethanol into its gasoline.  More »