Fuel Fix

guar gum

Big energy demand for guar gum squeezing other industries

Guar is a plant grown mainly in northern India, where its seeds are harvested and then developed into a gummy substance that long has been an ingredient in a host of foods, cosmetics, drugs, explosives, fire retardant and paper.  More »
A Statoil drilling rig. (Photo: Harald Pettersen/Statoil)

FMC Technologies signs $200 million contract with Statoil for subsea equipment

FMC Technologies will provide $200 million in subsea equipment for Statoil projects in the Norwegian North Sea.  More »
Beach-goers walk on the sand near the San Onofre nuclear power plant in San Clemente , Calif.  (AP Photo, Lenny Ignelzi, File)

Troubled Calif. nuclear plant may be too pricey to fix

The future of the troubled San Onofre nuclear power plant could balance on an inescapable question: Is it worth the money to fix it? Engineers face a daunting task finding a solution for problems that knocked the seaside plant offline last winter. And even if they come up with a plan that fully addresses safety and operational issues, will it all make sense on a balance sheet?  More »
A drilling site in the Haynesville Shale. (James Nielsen/Houston Chronicle file photo)

New film series seeks middle ground on discussing energy issues

Gregory Kallenberg, who made one of the first documentaries on the natural gas boom, has returned with a series of short films dedicated to the notion that the nation’s energy debate needs more facts and less rhetoric.  More »
exxonlogo

Exxon reportedly considering sale of German Esso stations

Exxon Mobil Corp. is weighing a sale of its German Esso gas station chain, people familiar with the process told Bloomberg News. The unit includes more than 1,100 gas stations in Germany and may fetch more than $1.3 billion.  More »
(Image: Fotolia)

Departing Progress Energy CEO stands to get as much at $10.3 million

The Progress Energy chief executive whose sudden departure was announced hours after the merger creating America’s largest electric utility is getting a big payout.  More »
The Eirik Raude semi-submersible rig operates on the Jubilee Field offshore Ghana. (Photo: Tullow Oil)

Ghana expects to invest $20 billion in oil with Tullow and Anadarko

“We will raise the money in collaboration with our partners,” said Nana Boakye Asafu-Adjaye, chief executive officer of the Ghana National Petroleum Corp., in a July 3 interview in the capital, Accra. “We have made clusters of discoveries and these need to be developed.”  More »
Employees of Petroleos de Venezuela, or PDVSA, shout slogans against the United States during a protest outside the main offices in Caracas, Venezuela, Wednesday, May 25, 2011.  (AP Photo/Fernando Llano)

Questions over Venezuela joining Mercosur

A decision at last week’s summit to welcome the oil-rich Venezuela into Mercosur after the leaders temporarily suspended Paraguay has brought questions about the move’s timing and legality. Such decisions must be unanimous under Mercosur rules, and Paraguay’s senate has long objected to Venezuela’s membership.  More »
(Photo: Keoki Seu, Flickr)

Guest column: The long and winding biofuels road

Somewhere along the road to that clean, affordable energy future we were promised, elements of the U.S. government’s renewable fuels policy took a weird detour from reality.  More »
Downtown Houston (Bobby L. Warren/Wikimedia Commons)

Energy helps Houston move forward as other economies wander

Increased oil production and a diverse array of industries have put Houston’s economy near the top as much of the nation continues to meander in a sluggish recovery.  More »
JPMorgan Chase headquarters in New York.  (Photo by Justin Sullivan/Getty Images)

Regulators probing JPMorgan over power prices

Energy regulators are investigating whether the bank manipulated electricity markets in California and the Midwest.  More »
A gas station attendant pumps gas, in Portland, Ore.  (AP Photo/Rick Bowmer, File)

Gasoline declines for the Fourth of July holiday

The Fourth of July usually means rising gasoline prices, but this year, the opposite is true.  More »