Fuel Fix

The LNG carrier, a tank ship designed for transporting liquefied natural gas, is towed into port. (Lex Van Lieshout, Getty Images)

Brownsville port hopes to add natural gas terminal

The Port of Brownsville has approved a lease option for a liquid natural gas company that would bring hundreds of jobs to the area if its export terminal project makes it through a lengthy federal approval process.  More »
(File logos)

Keystone foes urge Obama to repeal tax breaks for oil companies

Bill McKibben, leader of a group that pushed President Barack Obama to reject the Keystone XL pipeline, urged the administration to seek repeal of tax breaks for U.S. oil companies in the State of the Union speech.  More »
Bill_Reilly_090

Former EPA chiefs defend agency against political attacks

William Reilly, co-chair of the presidential commission on the Gulf oil spill, was one of two former EPA administrators to criticize recent political attacks on the agency.  More »

Chevron hired an investment banker to gauge buyer interest in its Hawaiian operations.
(AP Photo/Lynne Sladky)

Chevron rig fire on 9th day off Nigeria’s coast

Chevron Corp. says it is still trying to extinguish a nine-day old fire that consumed the visible part of its rig off Nigeria’s coast and killed two foreign workers.  More »
Demonstrators hold up signs in front of the White House in Washington, Friday, Sept. 2, 2011, to protest the Keystone XL Pipeline project in the US, and the Tar Sands Development in Alberta Canada. (AP Photo/Luis M. Alvarez)

Texas Republican to float bill to approve Keystone XL

A Texas Republican lawmaker will introduce legislation Tuesday that would immediately approve the Keystone XL oil pipeline, overcoming the Obama administration’s denial of a permit last week.  More »
(Photo: Fotolia)

IEA predicts crude oil at $247 a barrel by 2035

The International Energy Agency expects nominal crude prices to reach $247 a barrel by 2035, almost twice the $133 assumed by the Organization of Petroleum Exporting Countries, even as expectations for demand converge.  More »
Halliburton Technology Director Ron Hyden points out key processes in a oil/gas well finishing operation at a well site near Poth, Texas. (Photo: Timothy C. Baker for the Houston Chronicle)

Deals in oil and gas services sector at a record high

High oil prices and increased exploration activity in North America helped push transaction activity oil and gas service sector to record highs for 2011, according to an Ernst & Young report.  More »
(Photo: Ed Yourdon, Flickr)

Keystone XL foes to “blow the whistle” on Big Oil’s influence on Congress

Opponents of the Keystone XL oil pipeline will gather outside the U.S. Capitol today to “blow the whistle” on Congress — quite literally.  More »
Baker Hughes employees work at a drill site. (Houston Chronicle)

Baker Hughes 4th-quarter profit declines

The oilfield service company suffered a 6 percent profit decline in the closing months as 2011 as its North American hydraulic fracturing business struggled.  More »
This image provided by BP's spillcam on June 6, 2010 shows oil leaking out of the Macondo well head in the Gulf of Mexico. (AP file photo/BP)

BP denies Gulfport’s damages claim

BP has told the city of Gulfport, Miss., that it has no documents to support a claim for $11.8 million in compensation for community damages from the Deepwater Horizon oil-rig explosion and spill.  More »
Former BP CEO Tony Hayward appears before the Energy and Climate Change Committee in the House of Commons, London in this image taken from TV Wednesday Sept. 15, 2010.  (AP Photo/PA)

Hayward lied to Congress about spill, lawyers claim

At best, former BP chief Tony Hayward has “a unique view of the truth” about the Deepwater Horizon disaster, according to a lawsuit to collect damages over the oil spill in the Gulf of Mexico.  More »
The corporate logo at Apache Corp. headquarters in Houston. (AP file photo/Pat Sullivan)

Apache adds to its Panhandle holdings

Houston-based Apache Corp. will double its holdings in the Anadarko Basin of the Texas Panhandle and Oklahoma with a $2.9 billion deal to acquire Cordillera Energy Partners III.  More »
An unidentified worker steps through the maze of hoses being used at a remote fracking site being run by Halliburton for natural-gas producer Williams in Rulison, Colo. (AP Photo/David Zalubowski, File)

Shift to liquids helps keep Halliburton profit growing

Halliburton’s fourth-quarter earnings grew nearly 50 percent as it followed customers from natural gas into oil and gas liquids exploration in the U.S., company officials said.  More »
Workers move a section of well casing into place at a Chesapeake Energy natural gas well site near Burlington, Pa. (AP Photo/Ralph Wilson, File)

Chesapeake stalls slide in gas prices with cutbacks in drilling

Chesapeake Energy Corp. (CHK), the second- biggest natural-gas producer in the U.S., accelerated an industry effort to cut back drilling to try to stop a price decline that saw gas slide to a 10-year low last week.  More »
U.S. President Barack Obama makes a speech to a joint session of Congress at the Capitol in Washington, D.C. September 2011. (Photo: Joshua Roberts/Bloomberg)

Obama to talk energy, jobs in State of Union speech

President Barack Obama tonight will lay out what he calls a “blueprint” for revitalizing the economy, emphasizing a rebirth for U.S. manufacturing, bolstering domestic energy production and training workers.  More »