Fuel Fix

Anadarko Petroleum Corporation CEO Al Walker. (Nick de la Torre / Houston Chronicle)

Anadarko Petroleum cuts dividend 81 percent

The cut will save the company $450 million annually.

Anadarko Petroleum cuts dividend 81 percent

Anadarko Petroleum Corporation CEO Al Walker. (Nick de la Torre / Houston Chronicle)
The cut will save the company $450 million annually.
(Andrew Burton/Getty Images)

IEA: Oil glut could still grow in second half of 2016

The 13-member OPEC raised its daily output by 280,000 barrels in January as Saudi Arabia, Iran and Iraq bolstered production.
Mark Tarrien (CQ), director of production and quality control, holds a sample of biodiesel at the Green Earth Fuels biodiesel production facility in Galena Park, Texas, on Thursday, Nov. 15, 2007. ( Johnny Hanson / For the Chronicle)

Biodiesel can solve the ethanol debate, supporters say

Amid the oil industry’s all-out blitz to kill a government mandate for corn-based ethanol, biodiesel producers say they have a solution that could help everyone involved.
Categories: Biofuels
(AP Photo/Gerald Herbert, File)

Plaintiffs attorneys oppose BP’s effort to halt Gulf spill payments

Attorneys for victims of the 2010 Gulf of Mexico oil spill oppose BP’s request to suspend all payments from a multibillion dollar civil settlement, saying in a court filing Thursday there is no evidence the overall processing of claims has been corrupted.
Categories: Gulf oil spill

U.S. crude imports: Where does it all come from?

The Eagle Ford Shale in South Texas and the Bakken Shale in North Dakota are two relatively new oil fields that experts say can help the country offset foreign imports. Just how much crude oil comes into the U.S.? The country in April was importing around 7.7 million barrels per day, according to the U.S.  
Categories: Uncategorized
Money Roll

GDF Suez, Alstom sign long-term contract for power plant services

GDF Suez Energy North America has awarded a $480 million, long-term contract to Alstom to provide comprehensive maintenance and gas turbine upgrades to natural gas-fired power stations in Texas and Massachusetts.
Categories: Electricity
(Phillips 66)

Phillips 66 pays $17K for Montana water violations

Phillips 66 has paid $17,075 to resolve pollution violations involving wastewater from the company’s Billings refinery.
Tankers in the Houston Ship Channel. (Billy Smith II/Houston Chronicle)

Opinion: Lift the ban on U.S. oil exports

The last time serious talk about exporting oil was heard in Washington, the Soviet Union still loomed, the Reagan Revolution had yet to take place and the National Basketball Association had an equitable distribution of talent.
Categories: Crude oil
Tamar offshore rig, off the coast of Israel
 (Albatross via Getty Images)

Israel’s deepest well targets 1.5 billion barrels of oil

The deepest oil well drilled in Israel’s 65-year history may be the most important.
Categories: Offshore
Specialized tankers carry natural gas after it's chilled to a liquid state. It then is turned back into gas at its destination. (AP)

Temasek racing Exxon to build biggest LNG terminal stash

A Temasek Holdings Pte unit is up against Exxon Mobil Corp. (XOM) and Royal Dutch Shell Plc (RDSA) in a contest to fill storage tanks that will hold three times as much liquefied natural gas as Singapore will consume this year.
Categories: LNG
(AP file photo/Grand Forks Herald, Eric Hylden)

Minn. regulators OK proposed pipeline expansion

The Minnesota Public Utilities Commission unanimously approved plans Wednesday by Enbridge Energy to boost the capacity of its oil pipeline in the state.
Categories: Pipelines
Smoke rises from Unit 3 of the tsunami-stricken Fukushima Dai-ichi nuclear power plant in northern Japan (AP Photo/Tokyo Electric Power Co.)

TEPCO sees steam but no crisis at nuclear plant

Steam or vapors appeared to be coming from a damaged reactor building at Japan’s tsunami-crippled nuclear plant Thursday, but the plant operator said radiation levels were steady.
Categories: Nuclear
(Houston Chronicle file photo)

Texas ranks last on green state list

Texas has been ranked dead last in the “How Green Is My State?” assessment by MPH Online, ranking high for its friendliness to renewable energy, but losing points for air quality.
Categories: Environment
Interior Secretary Sally Jewell (Andrew Harrer/Bloomberg)

Interior chief defends Obama’s plan to stiffen drilling rules

Interior Secretary Sally Jewell on Wednesday defended the Obama administration’s plans to stiffen requirements for oil and gas wells drilled on federal lands, saying it was important to establish baseline standards that apply nationwide.
Categories: Politics/Policy